7digital Share Discussion Threads

[loobrush] 19/12/2016 18:27

Give it up Smithie6 you are really becoming a right bore.

[pet lover] 19/12/2016 17:58

Smithie6

So is today's market valuation £7M.

[smithie6] 19/12/2016 17:44

Spotify turnover about 2bn$....still rising but smallish % 2014 to 2015.

7DIG H1 turnover is down if remove turnover added due to French acquisition.....and was turnover 50p or 48p ?
...whatever...peanuts..

[smithie6] 19/12/2016 17:28

Rapier
..thanks for Spotify info....tech jobs being Sweden or USA nit London...my mistake...

[smithie6] 19/12/2016 17:26

Im sure the FT are waiting to put mini microcap news on the front page ! ;-)

[pet lover] 19/12/2016 17:12

7Dig might be the worlds first music streaming company to make a profit. Now that would be a great Headline in the FT.

[rapier686] 19/12/2016 17:02

Spotify may have a London office but are Swedish. Don;t know how much happens in London but all their tech vacancies are advertised as Sweden or the US.

[pet lover] 19/12/2016 16:59

Smithie:


No, seriously: Spotify is the best streaming service at losing money. Spotify is getting better at losing money. ... But despite that huge revenue increase — laudable for a tech company of Spotify's size and expansion rate — the company still lost $193 million in 2015, an increase of 6.7 percent over 2014's losses.24 May 2016

[smithie6] 19/12/2016 16:55

Spotify are I think also London based....much higher turnover than 7DIG....one assumes they offer higher wages..

( in previous RNS 7DIG appointed 3 new mngrs.....inferring that a turnover of staff can happen)

[rapier686] 19/12/2016 16:47

Or that 10 former employees have left?

[ashtree2] 19/12/2016 16:27

Smithie6....THERE ARE 10 JOBS ON THE 7 DIG WEBSITE SO THAT WOULD INDICATE TO ME THAT THE COMPANY IS GROWING .I AM ENCOURAGED BY THAT FACT AND ON THAT BASIS AM EXPECTING GOOD NEWS FROM THIS COMPANY.

[pet lover] 19/12/2016 15:56

Companies normally take on extra staff when new orders are won.🌞 If they are lost they tend to lay workers off. 😰

[pet lover] 19/12/2016 14:35

Yes it is.

[monte1] 19/12/2016 14:31

Would that be the paid for house broker view at all?

[pet lover] 19/12/2016 14:25

Smithie.

Turnover was done. Get it right.Broker has it going up in 2017.

[smithie6] 19/12/2016 14:19

"Streaming is growing exponentially"

But turnover is down.
FACT

Doing streaming for free....who cares....you cant pay wages or a divi using....air !!

[pet lover] 19/12/2016 14:12

Streaming growth.

[monte1] 19/12/2016 13:54

Only an avatar that hasn't had as much as a hint of a shag for year would be out chasing an utter dog like this when they could be in a club rocking a looker - and even then, they would need to be wearing their most psychedelic beer goggles.

[smithie6] 19/12/2016 13:32

..fair points

But
You make no mention of the fact that turnover has fallen and licensing revenue has also fallen...surely those historic facts are useful pointers for the future ?

Why do you think the future will be better ?

[pet lover] 19/12/2016 13:15

Smithie6

I purchased shares in 7dig after the last results and director buying.I did so based on what I hope and the company predicts a profit in 2017. The accounts are what has happened not what might happen.I read the accounts and the reasons they were poor, the first quarter sales were disappointing as was the £733,000 hit.What attracted me was the high margin recurring revenues and potential growth.

Have you not noticed the increase in music streams and contracts.Have you read that the large investment has now come to an end.Did you pick on on the million pound cost saving going into 2017. The UK pound has also slumped that produces a further gain.The Snowite purchase brings its first full year of earnings in 2017 as well.

Your entire focus on the accounts is only part of the picture the part that is history.All investors can read them.Your not using a 50/50 weighting on decision making.In your case it's 100% on the accounts and past track record of the directors and company.That is where we differ. 7Dig are also hiring 👯💃

[pet lover] 19/12/2016 13:11

Smithie6

How can They hire another 10 staff ?

[pet lover] 19/12/2016 13:06

10 jobs on offer, this is the first. 🎓


We are looking for a junior commercial lawyer to join our growing legal team in London.