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AIM - Ai-Media Technologies

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Founded in Sydney, Australia in 2003, Ai‑Media is a global media access provider, utilising its technology platform to make content available for all through live and recorded captioning, transcription, subtitles, translation and speech analytics services.

Ai‑Media has developed a cloud‑based captioning, transcription and translations platform that utilises a combination of artificial intelligence (AI), machine learning (ML) and human intelligence to convert speech to text and has established itself as a global technology business across its three business lines of "Live Broadcast", "Live Enterprise" and "Recorded" content. Using a combination of machine and human curation provides levels of accuracy that are greater than machines alone. This level of accuracy is a requirement to service Ai‑Media's enterprise customers.

In 2020, the total addressable market was forecast to be US$11.8 billion, increasing to US$14.7 billion in 2022 at a CAGR of 7.4% between 2015 and 2022. The market is being driven by a range of factors, including the rapid increase in consumption of video content through online channels; the combination of globalisation and localisation; regulatory requirements that mandate equality of access to content for hard‑of‑hearing individuals; and increasing demand for Ai‑Media's services outside the media and entertainment industry, such as education, training and corporate events. More recently, COVID‑19 has driven remote working which has led to increased demand for live captioning of online meetings and webinars.

It is anticipated that AIM will list on the ASX during September 2020.

https://www.ai-media.tv
 
IPO at 1.23. Oversubscribed and very hard to get.

First day of listing, opened at 1.49, then sold off all day to finish at 1.285. Not a good start.
 
IPO at 1.23. Oversubscribed and very hard to get.
First day of listing, opened at 1.49, then sold off all day to finish at 1.285. Not a good start.
I'm not sure that is generous. Why should an IPO produce stag profits? With all floats, these days, it is an exercise in monetising opportunities for seed capital or foundation investors as much as opening up to secondary capital.

from the blurb, all about 'cloud based' and 'technology platform' jargon, essentially it looks like a content provider for live and recorded Captioning, Transcription, Subtitles, Translation and Speech Analytics ". They probably need a bit of money to invest in CSTSTSAaaS.
When things settle down, a PE around 12 should do it.

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I'm not sure that is generous. Why should an IPO produce stag profits? With all floats, these days, it is an exercise in monetising opportunities for seed capital or foundation investors as much as opening up to secondary capital.

from the blurb, all about 'cloud based' and 'technology platform' jargon, essentially it looks like a content provider for live and recorded Captioning, Transcription, Subtitles, Translation and Speech Analytics ". They probably need a bit of money to invest in CSTSTSAaaS.
When things settle down, a PE around 12 should do it.

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"PE around 12"? Its net profit is still negative, where PE is not applicable. Do you mean PB?
 
Another tech IPO "darling" that has been hammered. Current bearish sentiment in the tech sector hasn't helped.

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CEO is "pleased" with the results. What, losing $7.5M in the half and they've only $8.8M left.

If the AIM price doesn't rally with the tech sector, assuming it does, then this is a dead duck.
Same opinion applies to NXL. Both are on my reversal watch list.
 
On July 6th, 2021, Access Inovation Holdings Limited changed its name to Ai-Media Technologies Limited.
 
Now at 0.31
Which is ~0.9 X BV

Sure it's still loss making and sales/share haven't been growing but let's not be fixated on the rear view mirror; that's old hat and for the likes of galumay. AI related after all and I hear chasing overseas market share?

Not Held
Chart?

WEEKLY
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