Member Info for petwilkinson

I posted the other day how this is going to 50p I would also like to post a case for the defence

Point one - since 2000 there has been 3.5 to 4 million new builds completed

Point two . The population in this time has increased by 11 million so we have a short fall of 7 to 8 million

Because of this house prices will only go one way up until we build more houses than people which is good news for house builders as this never happen

The problem is the costs of building are linked to oil ,labour costs , interest rates all of which this government has driven up plus no help to buy and stamp duty it's like punching someone in the head then giving them a good kicking while they are on the ground to be honest it's a miracle the share price isn't lower .but...... There is a light at the end of the tunnel government's change wars end interests will go down the demand for housing will increase and builders will have to build more houses the question is when my advise is pick a number you are happy with and drip feed buying this every three months for the next three years

One day Rodney we will millionaires

Good luck to all

Brought in at A £1. And was going to add when it hit 90p but unfortunately this this is going only one way due to factors out of the companies control.

1 war in Ukraine

2 war in Iran

3 labour gov talking bollxxx about building xyz houses

4 interest rates will rise which which will inturn slow the market even further than it is already is

5 energy prices are the highest in Europe

There are lots more but these are my top 5 all of which are the reason why In my humble opinion will send the share price to less than 50p I also believe we are heading for a small stock market crash due to oil prices ,the whole world still runs on the black stuff so prices of everything is linked to it if you want a comparison look at banks eg Lloyds shares price went as low as 28p because it was in a prefect storm low interest COVID, ppi mis selling now look at the price why because all the bad stuff is out of the way but it took two years for Taylor to reverse course oil needs to flow ei both wars end which will in turn lower inflation however even if both wars ended tomorrow it would still take about 2 years before companies would start to see real change

Good luck to everyone one whose buys or sells Taylor crystal ball required

Hi Boom , i think you and me are the longest serving members of audioboom i still remember the 1 for 100 share swap , never been away , just don't post as much as i used to , plus a lot of bull sitters on here now , sold most of my holding when it hit £22.00 and sliced all the way down to £10 , rebought at £10 and £5.00 only a couple of grand so im sitting on a big loss at the minute ,well not a loss as i made a killing when i sold , only took seven years though !!! got some powder left so just waiting for this to hit the bottom -markets are really dire at the minute - which for the brave is good - i like lloyds and any housebuilder at the minute - best time to buy when everbody is selling .

when everybody is running for the hills head for the valley -WB and he's right

good luck m8

Having been here a few years since the days of placing after placing and seeing email after email stating this will be the last placing to finally see this company make a profit abit small but still a profit and to see the turnover from 250,000 to 70million is truly amazing , to see the share price at just over a pound to jump to £22.00 pound a share and then fall to where we are now at 1.85 is quite staggering . consider the price was between £2.5-3.5 when the companies turnover was less than a million and we where making a loss of 4-7 million a year . we now look at we are -making a profit , increasing margin , are around number 4/5 top podcaster in the USA at the price is £1.85 , directors are buying for a reason - this company in my hunble opinion is unbelieably cheap , they are many reasons why the share price has collasped , but the underling metrics are sound - when this recovers , not if ,but when .... it may take another 8 years but it does , people will look at todays share price and say - why didn't i buy in , just like when the price was a pound a share .

as always good luck to all holders

MOneyman , you say they need to grow at a faster rate , you obviously are new to this company i would say 0.5 million turnover to 75m and minus 4.5m to 5million profit in four years was pretty good , please name another company in this sector which has growth as fast as this one .
also for the last two years we have outperform the industry growth rate by a country mile

in responce to the post by trump1, history says he couldn't be further from the truth , that is house prices will have to go down in 1980 average house price £103,000 in 1988 this figure reached 175,500 which is approx 75% increase this on a back drop of interest rates at 15.5% the simple fact is house prices will not drop , supply has never been so high , there are simple not enough houses , and the amount of people wanting housing is not going to wain ,if anything it's going to get worst , population growth is growing faster than the number of houses being built . secondly these houses are not for first time buyers , these new houses are for middle management who have combined incomes of 70k plus . what will happen is terrace houses will rise faster in price than semi and detached houses as the demand for lower end housing rises this in turn will drive new build prices higher . in the last ten years the press and everybody have been saying the house prices will go down , and guess what they haven't 2012 av house price 212,000 2021 av house price 273,000
data doesn't lie , its simple economics when demand outstrips supply - prices rise
my advise - persimmon share price will fall further due to increasing interest rates , fear of the economy , but when the market realises that it isn't affecting the number buyers and rates stabilize then people who where brave enough to buy sub £13.00 will be very happily rewarded
gl to all

i learnt a harsh lesson many years ago , in a differant share , and now i only look at profit and try not to get caught up with emotion of a share , having been invested in this off and on for 8 years now i am lucky to of sold most of my shares at a very tidy profit , i do have some that i brought at £10.00 and £15.00 that i purchsed after selling at £20.00 . and if this as it seems is on a downward sprial i will at some point reinvest , as i said before when it was £22.00 it was overvalued now its undervalued , but the micro markets are still working against it so it probably still has further to fall . one thing to remember a share price of a company is seldome correct , by that its either overvaluesd or undervalued and very rarly priced correct , so in the words of MR warren B when everybody is running for the hills head for the valley , and i think this share is at the absolute bottom of the hill !!! waiting to be picked up at an absolute bargin price .
gl all and remember its only profit or a loss when you hit the buttom

well kat , since iv been in this share 7years off and on , being down 6% over the last 6 months is hardly here or there ,
iv seen everything in this share from muliple dilutions , promises of no more dilution and a failed takeovers , my nerves have been tested to the limits , i even remeber this share at 2.5p per share before the 100 to 1 conversion , i have said many times on here that i don't want a takeover , yes a quick profit is nice but im in this for the long haul , i did sell some at £20 when my average was about £4.00 as it is always prudent to take profit , i also believed at the time the share price was over priced at £22.50 , i now have been buying back in in small blocks as the share price is well below its real valve which i believe to be around 15-18 pounds per share . people bandy about £35.00 per share as a fair price for takeover and maybe if it was the 1990's we might of got £350.00 per share but we are living with what will turn out to be the worst globle ression since the war and the worst globle pandemic since small pox , all the pervious data for working out what a share is worth is now worthless and defunk , the only way to truely value a share , is to ask three questions , is it making money , is it going to make more money than the year before , is it going to continue to make money if the answers yes to all , then you have a winner and a share that will rise over time. don't get tied down with short term trend s see them as buying oppotunatites gl all

its been a an eventful , 7 years , have to say , sometimes i thought this is just another jam tomorrow company , seen so many over the years , where the ceo says this time next year Rodney , and lets not forget the constant dilution when they said no more was needed , or that we where going to be in profit in 2019 then 2020 , all water under the bridge as they say we now have a working model, in profit and expanding and a great management team , which as some of said wasn't always the case . so as iv said im in no hurry for the buy out which will take place would much prefer this to tick along a see a real value of £100 per share in five years gl all

shedit - the one interesting thing i read from the accounts was market share from 1% to 4% this to me is outstanding in such a short time , i personally don't want a takeover yes i will know doubt make a few quid but think at the rate of growth 5 years from now taking into account smaller growth our turnover could be 300 million with 20-30 million profit given that there are only 20 million shares the dividend could pay £1.00 per share , that's why i don't want a takeover .
iv been in this 7 years at an average of £3.5 per share so im happy to wait another 5 years , see share price at £100 per share an pay me a divi , sell at £30 quid , i think not .

it's hard to value this stock as one shouldn't get carried away with the hype ,lots of figures being throw about , from 25-80 pounds per share , in reality a company such as this , remember its only just starting to make money and to be fair not a great amount when compared to large companies , but it does have great potential and that's where the value lies , so what is fair value . taking into account the share price today of £19.00 and given the normal premium that a company is willing to pay at 30% this gives a share price of £25-26 per share which would value the company at 400 million or so . i do agree that if no buy out happens then by next year given the rate of growth shown by the company the share price could hit £30.00 by itself . it will be up to the board to decide what it considers fair value ,just remember just because an offer is made we the shareholder don't have to accept it . from my point of view i would accept any offer over £40.00
what are other people's view on this

with less available shares out there as a lot of the shares are now tied up with institutional investors you will get days will large swings in price , the good news is its going in an upward direction . it took a while to break £10.00 then stalled at £12.00 next key price is £15.00 break this and then onwards to £20.00 but breaking 15.00 and holding may take time .

hay boom , we are arguing about revues of 60/80/100 million when both of us started the audioboom journey we where looking at revue of half a million then a million and thinking this is good , how the last 3/4 years has seen such a change around , got to be honest a few years back , thought the concept was good but was beginning to doubt the methodology , made money as brought and sold many times usually at 2.00 selling at 3.5 a couple of times then buying back in . bought a load last year again and sold in stacks all the way up to 8.00 , hind sight is a wonderful thing should of kept the lot but profit is profit . bought in again at £10.00 and im not selling till £25.00 . if it hit £25.00 i will then revaluate ,
its been one hell of a journey

boombangabang , while i would love to share you're forecast of 100m , i think the last update was not about revenue jumping massively but margin was . the introduction of being able to insert ads into older content plus the high demand for new content has meant audioboom has had to revise its forecasts not once or twice but four times this year alone as the saying goes turnover is for show profit for dough , and in booms case i can't wait for the revised profit figs , iv only waited 6/7 years to see a fig without a bracket around it .
also put me down as another sirus mug

sorry to say , we pulled out of india a couple of years ago if memory serves me , which i thought was a bad idea at the time , wanted to focus on the US instead and this seems the correct approach with hindsight , india is a massive market but getting a foot hold is a completely different ball game , what and how are audio entering india now , i must of missed that piece of news

the last time i remember it was profit of 0.5 million but i that was a long time ago , reading the update again it would seem that the revenue hasn't increase significantly yes its probably up , but that the profit per download has , at time the introduction of being able insert new ads into to past content i think has completely revised the forecasts , plus the amount they get per 1000's downloads has increased massively i remember this fig was £26.00 a few years ago its nearer £60.00 now and could possibly be over this fig now .
as iv stated i also don't want a takeover yes i will makes a few quid but at the rate this company is growing this could easily be £50-75 per share in a few years , been in this 7 + years now so 2-3 years to get a 4000% profit is fine by me plus there may be a divi as well .

can't understand why people are selling , unless they need a bit of cash for xmas , results in a month , which by all account are going to be Steller , director buying 100k on Wednesday , these people are not buying for fun , i personally don't want a takeover as i think long term this could be amazing , if we get taken out at say £15-20 by amazon then so be it and i make another 50% but wait a few years and the turnover could be 150-200 million with 20 million profit just think what the share price would be and maybe a share div as well - iv waited 7 years for this to come good ,don't mind waiting another 2-3 years

Einstein said that coincidence did not exist but two events that seemed related may not be related .
in other words what was the chance that company (AAA) which unrelated (same broker ) and unrelated major shareholder (192) deicides to put out a statement that they wish to purchase our company for some magic beans the day before the first halves year results are announced one in 365 or a dead cert
i may be paranoid , but it doesn't mean there not out to get me !!!

sorry don't like to mislead people by sayimg AAA has no funds and needs to arange a placement this is incorrect
AAA has raised 15 million with a further
135million payable upon conditional terms this means a b and c must be fulfilled then the money will be released
and the premium price paid would be 49.5% above the last mid market price of 53.5p

just realized who the other major shareholder is -- one nine two has a major holding in AAA