The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Oops, I had to sell some on Friday to have available funds to pay my income tax bill, it was tough actually hitting the “deal” button, but taxes have to be paid and I am now very happy to have received £15.40 per share. Should I have sold them all and bought back in cheaper this week....? Hindsight is an agonising thing!
latest podcast reports are published... https://www.tritondigital.com/resources/podcast-reports
12.5 trading days left until the FY21 results are announced, happens to be the same day when AAA (AAQUA) are allowed to make a fresh bid... what SP will we have the day before the results? £15 minimum I reckon but with the recent SP rise I wouldn't be surprised if it were £16+
I’m not sure what to make of the big trades yesterday and today.
At 11:25, 60,000 shares look to have been bought at 1040p
At 14:25, 115,000 shares look to have been bought at 1025p
I would expect an RNS or two tomorrow morning about individual holdings.
My major worry is that those who support the AAA bid at £12 are increasing their holdings to make sure the deal goes through if AAA repeat their bid.....
Some serious action with the trades today. Triton will be publishing the November podcast charts this week and BOOM is poised to become the fourth largest in the USA. Make your own minds up, this is only going one way in the medium term (UP) in my opinion. Bring on the bidding war.....
Triton have released the October figures and although BOOM is still at No:5 they are poised to go up to No:4 this month overtaking Cumulus Podcast Network
https://tritondigitalv3.blob.core.windows.net/media/Default/PodcastReports/USA%20Oct2021Ranker.pdf
and Phil, just where have all those 130,000 shares bought in the 4 large chunks this morning materialised from? I can't see the MM's having stored them up over the last few weeks with the sure knowledge of selling them at these prices this morning...
Patience my friends. If like me you bought in early doors, then you will be used to playing the waiting game, and you will be rewarded big time the longer you wait. I won’t be selling any tomorrow, or next month, or next year. The potential here is awesome. Roll on the dividends in years to come.
Not quite £10 today gooner, but next week for sure!
I just wonder how many of the recent purchases are by the "Letters of Intent" brigade? Thus building up their combined percentage towards 60% and forcing the BOD to change their thinking.
I also wonder if a much better bid will emerge while AAA get all their ducks lined up in a row. The numbers in the trading update are quite staggering, with growth like this who needs a takeover?
This is what Arborman said back in January.....
"Q4 2020 revenue of $8.5m is a 30% increase over Q3 2020 revenue of $6.5m
And in Q4 the loss was $200,000
So if we push those figures over 12 months then we get income of $34m and costs of $35m, so if in FY 2021 BOOMs income was $40m they would make about $5m profit.
With a P/E of 20 that will value the company at $100m or £4.70 a share
These projection figures are quite modest IMHO, so if FY 2021 income was $50m with a P/E of 20 we would be looking at about £14 a share
This is just a projection based on today’s RNS figures, all very much IMHO, so please DYOR
All the best Boomers
Ax"