Member Info for TheBigShow

Only formed in 2021 - so much M & A and $$$ flying around media sector right now

https://www.wsj.com/business/media/paramount-buys-bari-weisss-the-free-press-for-150-million-737a94eb?mod=mhp

Herald down 172k shares since last reported and the share price still rose

Should be some interesting 1% notifications who picked these up

Looks like Dowgate sold about 38.5k shares since placing , would have expected them to cash out a bit having bought at £2.85 - crazy return for 3 months

I’ll jinx it by saying no sales today so far

Tiny spread

£104k buy lets goo

It was - flying now

It’s going to be a wild 2 weeks so sit tight and get the popcorn

Candy Bonnier back in court tomorrow just to make you really feel like it’s 2021 all over again

Drama over let’s gooo

Here comes the bounce

MMs will be sad they can’t make money off this share soon

Decent analysis

https://x.com/darthstock/status/1974795169120604618?s=46&t=xg4Lh_QDe93JV3o-MY4Fpw

Yeh Boom must have no USP for Sky, NY Times and Forbes to mention them in the last year

Two institutes have bought significant sums in the last 6 months - I'm not even interested in the opening price tomorrow, I want to see the reaction when those notifications of 1% holdings come in

Zak Mir has £12

https://www.youtube.com/watch?v=G2kHFSdl_kM

This was 4 years ago, now revenues have doubled and plan to double it again - the current fair value of the business is £10+ just needed a bid action to get it started. Even if there are no suitable bids right now, they will be back and share price will reflect new normal £10+

The Independent Directors believe that the Possible Offer significantly undervalues the Audioboom business, its progress and potential to capitalise on its market position to generate value for the Company's shareholders. This progress was most recently demonstrated in the Company's unaudited half-year results for the six months ended 30 June 2021, announced on 20 July 2021, which highlighted the record US$22.8 million of revenue generated by Audioboom in that period, up 93% on the comparable period in 2020 (US$11.8 million).

Decision is made by 4 people , Tobin included - no wonder he was locked out of buying since 17th July? They may have been talking to bidders for over 3 months now, enough time formulate a reasonable bid and require bankers to get involved

* The independent directors of Audioboom are deemed to comprise Mike Tobin, Roger Maddock, Stuart Last and Brad Clarke

Q3 25 is going to the highest ever revenue quarter in their history, and will do more profit in this quarter alone than the whole of Q1-Q3 2024 together

The board already rejected the crooked £12 offer from AAA in 2021, they are fully competent and know what their worth

"As Audioboom’s platform scales, it is developing its attractiveness in the podcast M&A market, where transactions by private equity, mega-cap tech, and audio tech peers have taken place at 2-10x EV/Sales"

"We value Audioboom at 1,300p based on 3.6x FY26E EV/Sales"

Why only use FY26E revenue and only 3.6x? If they can deliver $150m revenue multiplied by 4x or 5x you could get over half a billion market cap if this was listed in US. Why would they take some low ball offer now? Or let the share price do its thing and relist in the US now it is getting all the attention

The bidders will all be US so you have to value it as if it is listed in the US and not crappy AIM, this a tech company after all, they are valued forward looking

Board have a pathway to hit $240m revenue by 2030 - by then would be $500m+ market cap

The chairman owns 5% and was paying £18 for these at one stage - draw your own conclusions on his mindset

Amazon paid $300m for Wondery in 2020 and market has grown exponentially since then of which Audioboom is now the leader

I could go on, and probably will later on :)

In all the madness from Friday I think a lot of people missed my post from the morning saying a French fund Alphajet took 70,000 shares in September - after Dowgate and now more institutions building a position for me that should have been enough to propel this to £10 by the end of the year, I bought more shares Friday lunch time on that news alone

35% of the stock is held by just 5 people including top shareholder Nick Candy the billionaire - he is not going to get out of bed for offers under £20

When the 8.3/8.5 forms start dropping from Monday revealing those with 1% holdings and now that the herd have woken up to this, will get to £10 during offer period and then what Premium will a bidder have to offer after that? at least 50-100%

Hold your hats this week, after Stormy Amy the next one is definitely going to be called Storm Boom