Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You mean we shouldnt hang on every post from legendary Monaco trader Z and his boastful excitement of a wee £3.5k profit at £3.20? Didnt he say he was sitting on a loss due to a high average a few months back?
Why would MT not average over time? Not the smart move when the SP does not respond well to positive news? His commitment is substantial over time and shows no sign of stop. Is there an eg of another non-exec Chairman doing similar buys in another stock. Any comparable?
Perhaps others aren’t investing because they already hold a substantial position at a reasonable average and are put off being punched in the face by the SP each time they do.
Possibly a wild assumption that day to day management can afford to invest personally particularly when the value of the business they may hold their wealth opportunity in goes down on good news. Positive news in the main over the last year, the SP has gone down significantly. They have incentive based positions in the success. Their job is to keep delivering and they regularly do but the market punches them in the face every time they do. Whatever is keeping the price down, coordinated shenanigans or not.
No opinion - all publicly available information with a simple search
- Founding Date: 2009 (14 years and still going and growing)
- 2018 Revenue $11.7M
- 2022 Revenue $74.9 million and profits of around $3.6 million
- 2018 Half year - Available ad impressions for the half totaled 1.241 million
- 2023 October (Month only) - Available ad impressions 1.01 billion (nearly the full 2018 half year in a month)
- United States is predicted to generate the highest revenue in the Podcast Advertising market, with an estimated revenue of US$2,178,000.00k in 2023.
average revenue per user (ARPU) in the Podcast Advertising market is projected to be US$8.42 in 2023. https://www.statista.com/outlook/dmo/digital-media/digital-music/podcast-advertising/worldwide
- Average fill rate in podcasting between 40-80% depending on a number of factors. No ad media gets 100% fill rate all of the time and most ad networks are under 50%
Podcast advertising in the United States generated more than 1.8 billion U.S. dollars in revenue as of 2022. The industry 25 percent increase compared to 2021. With no growth ceiling in sight, podcast ad revenue in the U.S. might reach four billion dollars in 2025.
https://www.statista.com/statistics/760791/us-podcast-advertising-revenue/
- No major shareholder or insider sells in recent times. The opposite with the chairman purchasing over £1m and building up . https://www.marketscreener.com/quote/stock/AUDIOBOOM-GROUP-PLC-60225974/company/
- Target price 1,306.66p (£13+)
- Highest market price £20+
The decision is yours. GLA
His comments were more sensible than suggesting the Chairman was in someway calling the bottom and day Trading Audioboom instead of averaging an investment position on weakness. No way to confirm his claim on this board but he didn't say UK fund and considering Blackrock has $9Trillion AUM it's not automatically a false claim if he was a senior leader in such a company. Whatever his case made sensible comments and more sensible than the criticism of Tobin buying which somehow seems to be turned into a negative by some. If you care to look at his background success in business, he seems to be doing rather well for himself. The personal sums committed are still significant by any standard so being closer to the business than any of us on this board, perhaps he is ignoring the noise and focusing on the future outcome. GLA
AUDIOBOOM’S CREATOR NETWORK WELCOMES NEW HIT PODCASTS
https://audioboom.medium.com/audiobooms-creator-network-welcomes-new-hit-podcasts-e47353f4a5a4
Boomboardinsider is entitled to his views of decline and doom. Zak can call it sense. The fact still remains Triton Reports came out a day after the post and show Boom is up on all counts. This aligns more to what management have said. GLA
Dont normally bother to comment watch for entertainment as a long term holder.
https://audioboomplc.com/major-shareholders/
https://www.investegate.co.uk/announcement/rns/audioboom-group--boom/holding-s-in-company/7579626
He still has a considerable holding in Boom indirectly so what benefit is it to him for the share price to remain low long term? If he is forced to dump wouldnt he prefer to do that at a higher price, more logical. The EL link suggest trying to hold on to Boom exit in Singapore a low tax location. Logic would be higher share price better for any significant holder. NC still a major shareholder, probably pittance to a billionaire but you don't get there without wanting to make more money so logic not in his interests to lose money.
Macro has been bad for some time, shareholder spat, but the company generally performing well. Q3 results around the corner, management and board positive enough to keep buying shares. SP this low may look like an opportunity missed next year. GLA
Booming from 6th to 5th, up to 4th podcast network in the US in less than a year and 80% revenue booked for 2021 in 2 months. Still looks like a bargain valued 3x less than Wondery ($300m) now at 7th IMO? 14th of April trading update could be very interesting.
Boom now 5th place above Wondery. Wondery sale price $300m....Boom current market cap $86m ?
https://tritondigitalv3.blob.core.windows.net/media/Default/PodcastReports/US_Podcast_Report_January_2021.pdf
What 2021 revenues are expected for 2021? $30m+? Last trading update:
'The Company has made a strong start to 2021, having already signed advertising bookings representing over 50% of the current market forecast for 2021 Group revenue'
Wondery acquired for $300m with $40m revenue. AB currently $73m value with $26m 2020 revenue on track for $30m+ revenue 2021.
Price should be 2-3x current even now?
Wasn't TW discredited?
Hard to argue against the progress in the last year despite Covid
- 2020 revenue of approximately US$26.8 million, up 20% on 2019 (US$22.3 million). Year-on-year growth outpaced the predicted wider industry average growth by 94% (2)
- Global revenue per 1,000 downloads (eCPM) for December 2020 increased to US$39.34, up 33% (December 2019: US$29.60)
- The Company has made a strong start to 2021, having already signed advertising bookings representing over 50% of the current market forecast for 2021 Group revenue