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7DIG 7digital Group Plc

0.69
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
7digital Investors - 7DIG

7digital Investors - 7DIG

Share Name Share Symbol Market Stock Type
7digital Group Plc 7DIG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.69 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.69 0.69
more quote information »

Top Investor Posts

Top Posts
Posted at 19/10/2022 15:58 by dave4545
Makes no odds what is the news

There's no investors out there now. 99.999% are day traders so every single one of them will sell the same day or next, absolutely lethal to chase spikes when already up a considerable %
Posted at 19/10/2022 12:44 by firestorm911
I am happy with my bank 108% profit in 90 mins.
Good luck to all genuine investors and speculators. May it continue for you.

I wanted a bagger, but got slightly over. Good day for F911. I am bringing the bacon home.

Regards,
F911
Posted at 14/6/2022 08:09 by tomzimerman
Also this below, but wonder why there's no rns update on these, maybe it's not market worthy but share price at all time lows you'd think the company would want to support their investors Copied from LinkedIn below "Very proud to announce the renewal of our contract with XITE, a leader in SmartTV entertainment and partner to Ziggo, the largest cable operator in the Netherlands. Amsterdam-based XITE reaches 100 million households worldwide and uses 7digital's catalogue and platform to power its non-stop audio product XITE Music. Our team is proud to continue to serve XITE and all our customers in providing more music to more people around the world. Read more here:https://lnkd.in/gadFyTDR
Posted at 18/2/2022 22:31 by david gruen
Chesty is well known for his ramping/deramping across ADVFN.
Posted at 18/10/2021 12:57 by mdchand
Arden commentary released today

Recent 7DIG share price weakness: Since the company’s interims on 30 Sept, the price has halved. The market has clearly been disappointed by the ‘right shifting’ of revenue expectations and a possible impact on liquidity. In our view, this RNS should greatly reassure investors on liquidity, revenue phasing and shareholders commitment.

Revised forecasts: In light of the above, we have reworked our 7DIG forecasts. In short, we assume the company is loss making this year, and turns an EBITDA profit in FY22. In context, H1 revenue, £3.3m/EBITDA, -£1.0m. No change to our valuation of 3p per share.

More commentary is on Arden's website :-)
Posted at 04/10/2021 13:35 by chinese investor
As the man whose name is on the door I feel I should say something.

This is only a poxy bulletin board and should be treated as such but "David Gruen" is a serious investor and posts implying suspension, if there is no truth in it, are not welcome and possibly slanderous.

Peaky01 - you can sod off now - there I made your day.
Posted at 04/10/2021 13:29 by charlescharliesback
David I hope there just rumours but I’ve seen it before with companies like this , a sudden rise and investors get locked in , then a massive sell off followed by suspension
Posted at 04/10/2021 13:19 by charlescharliesback
David I didn’t mean to upset anyone here , but investors need to be very careful
Posted at 21/9/2021 12:45 by iamthemagnificent
From the investor presentation on their website:
hxxps://www.7digital.com/reports/

Transformed company operations and achieved operational profitability in Q4 2020, a first in the company’s history

• FY 2021 revenues expected to be substantially higher, year-on-year. Operationally profitable for FY 2021

Reduced overall costs by 60%

• Capitalised the business with a £7m funding

Clients ramping activity and significant pipeline of deals to deliver growth in revenues



I usually avoid AIM stocks these days but remain intrigued by this one, purchased some more shares today - will decide whether to invest more (or not) after next results RNS. DYOR
Posted at 06/8/2021 10:10 by 97peter
The questions and replies from 7DIG, investor relations:

On 5 Aug 2021, at 12:01, 7digital Investor Relations <7digitalIR@luther.co.uk> wrote:

?Dear Peter,

Thank you for your questions and your support as a 7digital shareholder. Please find the responses below to your questions.

Let me know if there is anything else I can help with.

Kind regards,
Joe

1. What is 7Dig 1/3/5 year strategy as I cannot find it anywhere on your website or Annual statements.

The Company has not published a 1/3/5 year breakdown, however 7digital’s strategy is to grow revenues, profitability and shareholder returns through:
• offering flexible, productised, end-to-end music solutions;
• increasing the number of clients it serves in strategic, well-funded market verticals, particularly the growth markets of home fitness, social media and artist monetisation;
• improving the financial quality of our business by driving recurring SaaS and PaaS revenues;
• expanding and leveraging its geographic coverage;
• continued investment in market-leading technology to meet shifting technology trends, user consumption and client needs;
• applying strict control of its cost base to ensure that revenue growth is quickly reflected in improved overall Group profitability; and
• establishing and maintaining a partner channel programme for scaling sales into the identified target market verticals.

2. Will there be some real financial statements of revenue and profit in September 2021?

Yes, the Company will be releasing its interim results for the six months ended 30 June 2021 in September 2021.

3. Why has 7Dig not been approached or takeover by the likes of Hipgnosis, Spotify or Triller? They could takeover for 3 times asset value?

It is Company policy not to comment or speculate on such matters.

4. Is cash flow an issue and if so will there be another round of consolidation and revenue grab?

Under the current management team, 7digital has focused on streamlining its operations to position it for sustainable growth and becoming cash flow positive. This has involved moving away from bespoke modular solutions to a highly productised, cloud-based technology offering. The Company has also brought down overheads, successfully reducing administration expenses by 43% last year. As a result of its focus on profitability, 7digital is on track to deliver a full year of positive EBITDA in 2021 for the first time in its history.

The Company ended 2020 with a strong cash position of £2.8m. It also has two highly supportive major shareholders which have confirmed their financial support to allow 7digital to manage its working capital and to support growth needs.

This was in response to my questions a week ago. Very positive and clarity!

Peter

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