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However, in April 2022, BOOM achieved 131.9 million monthly downloads.
The most recent results (published July 2023) stated that monthly downloads are more than 135 million.
That completely wipes out last year's loss of the Morbid podcast.
So, to recap, BOOM is achieving more downloads NOW than it was in April 2022.
The MCap NOW is 6% what it was in April 2022.
Candy and Bonnier's dispute will end.
Global advertising demand will recover.
Who was it again who said: "Be greedy when others are fearful?"
Myles M also tipped BOOM when it was about 160p. Within 18 months or so it went up to 2200p+.
It is now back at 150-odd pence, but anyone who followed his tip and then sold during a period three months or so long near its peak would have made well over 1000% of a return.
He also was tipping MKA a couple of years back when it was way below 10p. It went up to the high 30's within months.
He's had a fair few very good ones.
This looks like it may finally be the start of the re-rate. And what a re-rate it may be. My view is that Avacta is an absolute stick-on to be bought over. The longer they stay independent, the higher the price will be as it seems clear that the passage of time will very likely only bring more and more massively value-adding data.
Really does look ridiculously cheap here. Compare the company with 2020, when it was last at these levels and that is plain to see.
It is bound to get bought over eventually - and surely way higher than this.
A couple of years ago - pre Ukraine and advertising slump - rival podcasters were being bought up at 5-7 times their annual incomings. BOOM is currently trading at way below 1 x its projected ad revenue for this year.
That's much too big a disparity.
Podcasting is here to stay.
Advertising will pick up again.
All that is needed here imo is a little patience.
Tomorrowtoday, you posted on here on 5th April, when the SP was 33p, that you had sold your holding and would buy back when the price dropped.
Have you bought back in yet?
If so, why did you buy back given that you are very negative on the stock and very outspoken with innuendo against named individuals, which you appear to be unable to present any evidence to back up.
If you haven't bought back, why are you here? Are you selflessly trying to encourage holders of a stock you don't own to cut their losses due to the non-evidence based claims you are making / alluding to?
Or are you just trying to spread fear among holders, hoping they sell their shares and drive the price even lower for you (or others) to get shares here cheaply?
That the biggest producer outside China is ramping up production and close to profitability and, all of a sudden, there are anonymous posters on bulletin boards raising concerns about alleged impropriety and an anonymous shareholders' action group attacking the major shareholders' governance.
No doubt those raising these issues would have their concerns allayed by the major shareholder family's holding being taken out of their hands.
I wonder if one concern about the company is the relatively small % of shares available for non Poddars to enjoy a slice of what looks likely to be a very lucrative pie.
When tomorrow today last posted on this board, they said they would buy in when the price dropped. The price then was 33.5p. It hasn't dropped yet.
Four months later the same poster appears, referring to potentially defamatory rumours which are news to everybody else.
Still hoping for that lower entry price TT?
Of 13 negative posts on here from people who claim to support the company. Do such posters always talk down their investments?
TGR has to balance rapid expansion against cashflow in the short term. The family that run it have got the company to the point where it is positioned to be one of the largest ex-China providers of a resource for which demand is likely to explode in the coming years. They might not do things they way big institutions would but they are hardly a bunch of clueless amateurs. At worst, they may need to raise some cash at some point. They have a compelling case to raise cash if they need to.
This is not a lifestyle company drilling holes in the ground. It has a huge resources of a massively in demand commodity. It is beginning to realise that resource and rapidly expanding sales. The principals behind the company hold large percentages of the share capital so don't want to be diluted any more than the rest of us do. They have been pretty canny at avoiding that so far and I expect they will continue to seek to grow the business organically as much as possible. That would be good news for small shareholders with any degree of patience.
I can't help but think that some of the criticism of the Poddars comes from the fact that there are those out there who don't like so many of the shares in a company with such massive potential being in the sticky hands of a single family, as they would like a larger slice of the pie for themselves. Well....tough.
At the price. We have been here before. 40p after the LFT fuss died down (with the full chemo side of the business still in play). The chemo side is MUCH advanced since then.
I am thinking of the fact that the recent RNS mentioned patients whose disease is not progressing.
I am thinking of the fact that the dose keeps being increased and keeps being tolerated.
I am thinking of the fact that we have been told that the chemo is being delivered to the tumours at therapeutic levels.
I am thinking how desperately ill people are who go on clinical trials for cancer treatment - and how outcomes are likely to be even better for those who are not otherwise at the end of the line in treatment terms.
I am thinking about why such eminent US oncologists would get on board with this small UK company if they did not think the company had something of potentially great value.
As I said, I am not looking at the price as I think that could cause me to make a decision that I might later regret.
Just my opinions. GLA.
The valuation metric is that this company's MCAP / revenue ratio is now about 10 x less than the equivalent ratios of other podcasters that were bought over a couple of years ago.
The idea that it is overvalued based on revenues is nonsense.
Its SP has crashed because of (i) the reductions in ad spending due to the economic situation over the past 12 months and (ii) the ongoing legal spat between Candy and Bonnier.
Both these factors, will, at some point on the future, pass.
In the meantime the company will continue to trade, grow and, I expect, generate profit.
Given today's news on two fronts, this still looks very undervalued at these levels. I would not be at all surprised if we see price action like we saw in Nov in BSFA and a couple of weeks ago in ONDO, where good news like this in a tiny mcap company saw the share price triple over a fairly small number of sessions from the lows. Holding here for at least 3p.
The great thing is that the board (with one exception) has not been spammed yet by rampers or day traders. There is no sign of the LSE herd as yet - long may that be the case. This looks like it could be the start of a proper re-rate towards a value reflecting the scalability and market opportunity which this company has.
we are now rid of the day traders and this SP can start to rise steadily as it should. We have a company with an owned, patented product which can save insurers and their customers money and hassle, which has immense scalability over a huge global market, international sales already in place and a partnership agreement with a $4B NASDAQ listed company to access a vast US market. Yes, some funding will likely be required in the short -term, but to accelerate growth and revenue generation rather than to keep the lights on. Key figures also have significant skin in the game.
Onwards and upwards.
No green boxes for a few minutes now. Have I missed today's instalment of Earl of AIM in conversation with Earl of AIM?
A short-lived production of the fantasy genre coming soon to another bulletin board, following the usual formula.