George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Can you expand on this?
Thanks for the info boombangabang. FinnCap set the target price 3 months ago so I'm a little confused (doesn't take much) that the price hasn't already been reduced based on a multiple of 1 or 2. Like you say, hopefully we will have a clearer outlook after the trading update.
£22,50 as of 17th oct 22
Audioboom Group PLC418p
Target Price:2,250
Rating:Corporate
Ticker:BOOM
Price Chg:0p
Price Chg pct:0%
Position Date:17/10/2022
Are FinnCap still recommending £22 per share?
When are the results due?
Sub 5 :-(
Looks to be bouncing through the floor TBH. I hope you're right :-)
Which Monday are we talking?
@elonmusk
Listen up.
@Audioboom
is a global leader in podcasting, its shows are downloaded over 130m times each month by 34m unique listeners around the world. It’s ranked as the fourth largest podcast publisher in the US. Just 44 employees, generating c$100m revenues, no debt.
Does anybody know why 10,000 has been added to the total voting rights? Just seen the RNS.
Thanks
£350m? Can you enlighten me please :-)
Yeah posted 30th June. Anyone on here got address?
UNCOOKED ALERT: Audioboom Group said to ... - Part..
Thursday, 30 June 2022, 3:54 pm
Do you have a link to the report please.
@lokiloo
Please could explain your reasoning behind this? Sorry, I am fairly new to the markets :-)
Ah yes 30 days I believe.
Don't temp fate :-)
FinnCap note from May...
AUDIOBOOM GROUP (BOOM): CORP
April trading update highlights excellent momentum
Following Audioboom’s record Q1 results and strong FY21 results in April, yesterday’s trading update confirms that its excellent
momentum has continued into April. Revenue for the month has organically grown +86% yoy to $7.1m, as its direct premium advertising
business (c65% of revenue) is continuing to benefit from robust pricing, with its average global revenue per 1,000 downloads (eCPM)
increasing to $53.9 from $50.5 in Q1 22, and robust volumes, with a new record for global monthly downloads of 131.9m vs 126.2m in
Q1 22. Including investment to further differentiate its content and platform, April adjusted EBITDA has grown to $0.5m from $0.05m
in April 21, and it has now generated $1.3m of adjusted EBITDA in the seasonally weakest four months of the year vs our FY22 forecast
of $4.0m. Excellent management of working capital has then delivered an increase in April net cash to $4.4m from $3.3m at Q1 22.
After upgrading FY22 and FY23 revenue by +6-7% and upgrading FY22 and FY23 adjusted EBITDA by +32% at the trading update on 10
January, we conservatively leave our forecasts unchanged at this point, as management is working through the renewal of key content
partnerships. It has already delivered numerous successful renewals in Q1 22, and as Audioboom continues to scale its platform and
builds out its strategically valuable original content, it is developing its attractiveness in a very active podcast M&A market, with
acquisitions at 4-10x EV/Sales by mega-cap tech and audio tech peers. We reiterate our price target of 2,250p or 5x FY23 EV/Sales, and
we look forward to it demonstrating strong operating momentum at its Q2 22 trading update in July, announcing material new podcast
wins and renewals, and the group potentially benefitting from an attractive approach to acquire Audioboom.