Member Info for TheBigShow

Can already identify 38% of stock held between 9 people alone, wasn't expecting too many 1 percentors let alone Slovar still holding with 2.7%

Any more whales will be fantastic for getting a good price

Candy 2,354,477 13.10%

Dowgate Group Limited 1,029,527 5.73%

Horrocks 996,633 5.55%

Tobin 894,190 4.98%

Herald 514,681 2.86%

Slovar 484,501 2.70%

Maddock 359,000 2.00%

Mav 138,000 0.77%

Alphajet 70,000 0.39%

Other 11,131,146 61.94%

Wonder why Tobin/Candy last to declare hmmm?

Dowgate raised another £2m this week so I think they’ll hold now or could they take some more?

Let’s gooo

Looks like a £200k buy - but I never get these right

Exact same amount of shares as they had back in 2021 - why would you sell yours when someone with £3.4m worth hasn't sold a bean?

As good as a TR1 - nice to see some of the 2021 lot still holding

Told you Friday would be good

Decent finish - set up nicely for fomo Friday

I’d expect a confirmation of opening formal bidding talks with an interested party and then an extension of the takeover window, rather than an actual deal or opening offer being lodged in only 10 days

Back to £7

Best to log off for today - tomorrow and next week is going to be epic

Come on Bluey

Haven’t seen a 10% day in a long time

Stock market so hot right now so anything could happen 200% in one day

Less than 5% of their holding, £166k profit in 3 months - they know how to make money

The digital market been the shining star for iHeart. The company keeps reporting growth in its podcasting business. iHeart’s Digital Audio Group reported revenue of $324 million in the second quarter 2025, up 13% YoY.

https://www.radioworld.com/news-and-business/reports-mount-of-cuts-in-staff-at-iheartmedia

Every Friday since July has been good - hoping for the same tomorrow, probably explains why I’m so bullish when you go into the weekends smiling

Good times are coming

Investor Chronicles is pretty respected (and pricey) should have got some good attention with serious money with their release

Looking good for a big blue day :)

They do 50% of their revenue upfront, I’d rather wait to January when they tell us how much 2026 revenue has been agreed upfront - last year upfront prices were 17% higher

Cashflow positive next year, will be used to fund the next Adelicous and I would like to see them take on debt to fund acquisitions

$240m revenue target by 2030 - $500m company in the making

I suggested buying Audioboom’s shares, at 345p, The share price has almost doubled since then, but it still offers potential to double again if the company is taken over.

The US podcast advertising market is worth $2.4tn of which Audioboom has a 3 per cent market share, ranking it fifth behind Spotify (US: SPOT), SiriusXM, Amazon (US: AMZN), and iHeartMedia (US: IHRT). Underlying growth in the US market should continue to provide a healthy tailwind as the IAB/PwC survey of US podcast advertisers forecasts high single-digit percentage revenue growth in 2026.

The combination of fragmented market dynamics, Audioboom’s strong platform, market standing and strength of its business model, uniquely position it to be a participant in the market consolidation as adoption rates increase.

Audioboom entered the second half with more than $70mn revenue booked, its highest level of advertising inventory. It should achieve house broker Cavendish’s full-year revenue estimate of $83.2mn, which supports more than 40 per cent growth in annual operating profit and pre-tax profit to $4.5mn and $4.3mn, respectively. This trajectory is expected to continue next year when a combination of organic growth and a 12-month contribution from Adelicious are forecast to boost revenue to $94.5mn and underpin 51 per cent growth in operating profit and pre-tax profit to $6.5mn and $4.3mn, respectively.

On this basis, the shares are rated on a 2026 forward price/earnings (PE) ratio of 29 and on 22 times forecast operating profit to enterprise valuation. In addition, Audioboom is expected to generate a high return on both equity and capital employed of more than 30 per cent in 2026, highlighting the attractive nature of its capital-light business model. Free cash flow (FCF) could increase eightfold to $5.3mn in 2026, which underpins a forecast FCF yield of 3.3 per cent. In the world of US technology valuations the current rating is not expensive.

Indeed, analysts at Cavendish value Audioboom’s equity at 1,300p a share, or almost double the current share price. At the target price, Audioboom’s enterprise valuation of $308mn would equate to 3.2 times 2026 revenue and 43 times cash profit estimates. To put this into perspective, audio tech peers trade on multiples as high as six times 12-month forward revenue and more than 40 times cash profit to enterprise valuation. The target price doesn’t seem out of kilter for a company forecast to double operating profit over two years.

So, with Audioboom firmly in play, the share price breaking out above the February 2025 high (680p), and trading on a deep ratings’ discount to peers, the shares continue to rate a buy.