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Share Name Share Symbol Market Type Share ISIN Share Description
7digital Group Plc LSE:7DIG London Ordinary Share GB00BMH46555 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.85 0.80 0.90 0.85 0.85 0.85 73,765 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 6.5 -2.3 -0.1 - 23

7digital Share Discussion Threads

Showing 7201 to 7222 of 7225 messages
Chat Pages: 289  288  287  286  285  284  283  282  281  280  279  278  Older
DateSubjectAuthorDiscuss
27/7/2021
23:02
September cracker bomb, wait and see
benny shares
27/7/2021
07:27
More contract wins . 7DIG will multi-bag from current levels . Just needs a bit more visibility on financial forecasts then rerating will come. For the record I'm fully invested here.GLAH
wapper
23/7/2021
10:52
Recent Director buying was a bit toe in the water, rather than staking my mortgage, but perhaps there was an overhang which they've removed. Noted another 1m purchase today so perhaps more Director buying.
mdchand
22/7/2021
18:23
The bad news was the final results.
on target
22/7/2021
17:47
Also we must not forget that they raised money at 2.25p and haven't had any bad news since !!! This one is way off the radar imho
parsons4
22/7/2021
17:45
This is either a very overlooked share or a complete fraud !!! I agree with kcr69 they are signing contracts with some very big names. After the drop today I am tempted to buy more !!!
parsons4
19/7/2021
09:33
So - have read through the Arden note. Basically saying b/e this year before showing £3m EBITDA for 22. 40% growth. Target price 3p. Didn't really address the short term liquidity issue other than the existing shareholders remain very supportive and will fund any shortfall (hello equity raise or personal Director loans from Invesco).
mdchand
07/7/2021
10:08
While always good to see new contracts being signed, irrelevant of their ultimate scale and importance, what was of most interest to me in todays update was here we have another two commercial business, who will have done their own due diligence on 7 digital, and clearly don't expect to see them go bust in the next 24 months.
kcr69
02/7/2021
14:07
mdchand - your comments were fair and only highlighted what was in the RNS. It just seemed overly negative to focus solely on liabilities in 3 months time when it also stated the company has the written support of its two largest shareholders. I don't think the RNS refers to a particular liability, only that they will need funding over the next 3 months. To which they state they have supportive shareholders. You're right to be sceptical in that respect but it's not unusual for high growth tech companies to need funding to grow revenues enough to reach profitability. At 7DIG they appear focused on that kind of 'prudent growth' now vs what you might call 'reckless growth' that failed previously. There's arguments to watch and wait for the next placing but on a 5-year view I think it's a good one to hold as long as they look to be reaching their revenue targets due to those great GM's.
gb904150
02/7/2021
13:45
GB - I selected those comments as the market rightly focussed on them. That said, I felt the underlying fundamentals were also improving and used BOOM as an example of market disconnect to the underlying fundamentals. No one on here knows why they might have a short term liquidity issue but after the debacle of BIDs continually wiping out shareholders with deeply discounted fund raises, its far better to examine a worst case scenario to determine whether now is a good entry point. I can't see the share price moving ahead in the ST with this uncertainty hanging over it, but the next interims - whenever they are - will potentially clarify and reduce that uncertainty. Its a calculated gamble right now, but it would be a more calculated investment after the next interim figures. That said, if there was a discounted fund raise, I would definitely top up at that point. Hope that clarifies my position.
mdchand
01/7/2021
15:38
thanks kcr69 - nice to read your views and see we're on the same lines there. I quite rate Paul Langworthy so far. 7DIG seem to be building a business in a more sustainable way than it was run previously. That's to say, keeping a lid on SGA costs while trying to increase top line growth as quickly as possible. At the other end of the scale is Napster (NAPS) who appear to be where 7DIG were a couple of years ago. Splurging cash in desperate search of enough revenue to 'make it big'. Except that if they don't they run out of cash and have to rely on death spiral finance (CLN's) to keep things going. That's pretty much where they are now....and it's not been a good ride for shareholders. You can only get away with those 'growth' promises on the NASDAQ it seems! Eye watering valuations for loss making companies over there.
gb904150
01/7/2021
13:43
GB904150...apologies, appears we were overlapping own a similar theme.
kcr69
01/7/2021
13:42
In the interests of a more balanced debate, I think your comment would read more accurately if you stated “Yesterday(s) message sounded very much like they could go bust in near future” if it wasn’t for a myriad of reasons that make it very unlikely that they will go bust in the near future. Of primary note is the fact that the two major shareholders have represented to the directors via a letter of intent confirming both the intention and necessary financial support to meet working capital and growth needs as and when they fall due for a period of at least 12 months. If we add to the above an apparent strong confidence in the delivery of revenue planning (stated 6 months into the financial year) which would eradicate the need for further third party or shareholder financing, and the fact that an oversubscribed placing raising £6m only a few months ago is unlikely to be readily ‘written off’ by those institutions involved, for what would likely be a far smaller additional amount, and only in worst case scenarios, and I think we at least have the basis for a decent both sides of the argument debate. Of course ‘near future’ needs defining, as does a consideration as to whether this is no more than a very much more mature and professional board highlighting all operational facts and possible risks, and with it the possible need for further support,…a scenario that far bigger and more illustrious business have known only too well over the past 18 months, and for that matter resolved with the aid of shareholder support. I should of course add that I do not think it is either an ideal of desirable situation, albeit far from terminal at this stage. But of course, each to their own.
kcr69
01/7/2021
13:38
Marshsi - I disagree. mdchand selectively posted the two most negative paragraphs but not the one that followed it, which was: The Group's two major shareholders have confirmed their financial support for 12 months from the date of signing these financial statements to allow the Group to manage its working capital, taking into account the plausible worst-case scenario, and to support growth needs as and when they fall due. The Directors are satisfied that the shareholders have demonstrated their intention and means to provide this funding as and when this is required. This has been represented to the Directors in a letter of support from the two major shareholders in the Group. Crucially, that longer term support depends on them hitting the 2021 and 2022 revenue targets which they seem confident to do so. Recent deals announced by RNS also back that up. "The sales momentum from the end of last year has continued in 2021, which we expect to translate into significant year-on-year revenue growth and deliver a full year of positive EBITDA. Looking further ahead, based solely on our current contracts and pipeline for 2021 - before the contribution from any new deals signed in 2022 - we expect an even stronger 2022 with a substantial increase in EBITDA and strong revenue growth over 2021." The other positive was 71% GM's vs 64% in 2019. At that level of GM's being reinvested back in the business 7DIG could be a massive growth company. The key figures for me then are Underlying Admin Expenses $6.95m VS: Revs $6.5m GM's 71% GP $4.6m If they can get revenues up to $10m in 2021 with 71% GM's this business starts to look a lot more healthy. Then onwards with more growth in 2022. In the short term though mdchand is right. Next 3 months will require support from shareholders and that's why the share price is so weak. I was disappointed by the results and sold half my position but I think the long term 3yr+ outlook is good.
gb904150
01/7/2021
11:31
Yesterday message sounded very much like they could go bust in near future!!
marshsi
01/7/2021
08:22
Just added more for several reasons, the business case has changed hugely and current management have turned it round. The December Balance Sheet looks tight but should have improved since then. Previously the company was run so badly and nearly went bust and the investment community can't forget this, but it looks on the mend !! GLA
parsons4
30/6/2021
12:48
I wonder what the 3 month liability is and the size of that liability. The fact that its not very clear from the RNS really isnt help sentiment here. I'm pretty sure the existing investors will stump up the cash (if it comes to that), but at what discount to the current SP? I'm invested in BOOM and they went through many jam tomorrow, but might need cash now RNSs for many quarters before the market eventually re-rated them. I wonder if history is repeating itself here. The business model appears to be sound, but liquidity appears to be an issue (for whatever reason). If the market had more transparency on the 2 big contracts (Triller than that Chinese one) they might be more confident here. Next interims will be far more revealing than this RNS in terms of future growth and revenue. The stupid thing is that the management will already know how the business did in Q1 2021, and could have helped themselves releasing those figure - even on an unaudited basis. Tempted to add once the dust has settled / more visibility on q1 2021.
mdchand
30/6/2021
11:02
Never great to read the following comments in any RNS 'The stress test performed on the Group's forecast EBITDA, representing a plausible worst-case scenario, noted that there is a short-term liquidity issue over the coming three months that will be mitigated by third party financing or via the committed support from its shareholders. Beyond this period, should revenues be in line with the plausible worst-case sensitised forecast, continued support from the shareholders will be required to ensure the Group has sufficient liquidity to meet its liabilities as and when they fall due. The Group is likely to be reliant on shareholder support in the short and medium term to ensure that there is sufficient liquidity to meet its liabilities as and when they fall due, should third party financing options not materialise. Should this funding not be received, significant doubt would be cast as to the Group's ability to continue as a going concern.' So, in the short term, the Company may have insufficient liquidity over the next 3 months to meet its liabilities, which in turn, may require additional shareholder support. I guess that support will be contingent on how the business has performed this year. I know they have stated rev / EBITA will be materially ahead this year and next, but that's not exactly set in stone based on contracted revenues so I can understand why the market has marked them down. That said, it could be an over-reacion to a worst case scenario so let's see what happens in the next 3 months. Could be a buying opportunity then.
mdchand
30/6/2021
07:57
Results ok but expectations for 2021 and 2022 very high. Very happy to stick with my reasonable holding here GLA
parsons4
29/6/2021
15:48
Hopefully a big rise next quarter, stay long here for big rewards imo but dyor
ny boy
29/6/2021
15:36
It does bode well. Strong rise on 6m shares traded. And I still expect final results to be tomorrow.
gb904150
29/6/2021
12:26
It's about time they woke up. Long overdue. Chart looking good for eventual big breakout.
wapper
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