The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
If Virgin move quickly they will get Boom on the cheap, can’t see the SP returning to £22+ this year though, obvs very happy to be wrong about that! Best scenario would be Virgin make a move which triggers a bidding war... or has Hardcore1 just invented this story..?
What does the chairman really know......? “on 10 March 2022, Michael Tobin OBE, non-executive Chairman of the Company, purchased 526 ordinary shares in the Company at a price of 1880 pence per ordinary share.”
Well that’s jolly good news, we need many more new shows to replace the downloads lost when Morbid jumped ship. Hopefully these new additions to the BOOM stable will help halt the decline in our USA average weekly user count which has decreased from 5,306,000 in September to 5,025,000 during December; during the same timespan the average weekly downloads has fallen from 15.8 million to 14.8 million. I know that some posters on here don’t like these facts, and the company often put their PR spin on these facts, I take an unbiased unspun overview of the situation and make investment decisions accordingly.
GLA
Boombangabang, have you checked the figures? Whoever wrote the email from the company obviously has not checked the figures, the November average weekly downloads and users are both lower than the September figures according to Triton, so their email contains false information stating that it’s “bigger than September”
I would have hoped that the company could at least be honest when giving out information to be used on this BB.
Triton rankings for November just released, and not great reading I’m sorry to say (don’t shoot the messenger...)
Average weekly downloads....
Oct 16,449,610
Nov 14,692,347
Decrease of 1,757,263 downloads or 10.7%
Average weekly users...
Oct 5,335,826
Nov 5,151,126
Decrease of 184,700 users or 3.5%
It’s all relative BBB, you have to put August figures into context and not use then as standalone figures.
So it’s true to say that August figures are up on July’s figures but they are both down on June figures and well below the figures for January to May 2022.
Weekly downloads for May 2022 = 21,100,118 and for August 2022 = 14,968,861
Looking at the longer term the figures for August 2022 (14,968,861) are about the same as for August 2021 (14,968,170)
And we know the main reason for this being that Boom lost its most listened to Podcast from June 2022 onwards.
It’s all about The Context.
GLA LTH
With all due respect Bbb that is “old news” as it only goes up to the end of June (2nd quarter) and we know BOOM has slipped down the rankings since then to 6th, next ranking update from Triton is due in about a week.
I think we should see another decent rise and finish above 620 today.
GLA
Fantastic fir six months and looking great going forward, the next six months should see TRX trading EBITDA positive so we will finally have a profitable company. We should witness a decent rise towards 0.7p today IMHO
Someone invested £30k buying 5 million shares at 0.6p, now there’s confidence for you!
“Highly experienced investment manager focused on seeking out under-appreciated long-term equity growth investments.”
That’ll do nicely, we are in good company....
maybe they have their NOMAD confirmed now, due diligence done..?