7digital Share Discussion Threads

[tiger60] 03/6/2017 17:22

That makes me worry rather than excited, if you take the share price action into consideration. Crossing my fingers

[pet lover] 03/6/2017 15:02

simon cole @uksimon
·
31 May

Replying to @isthistheone
Busy. Big week coming up

[pet lover] 03/6/2017 15:00

I can agree on that Tiger60.

[tiger60] 03/6/2017 14:25

Why dont 7d clarify the situation. Days after the announcement that the musical.ly contract expanded from 30 to 60 countries we had the news of the Apple/musical.ly link up. It seems investors are confused (as shown by the different interpretions posted above). 7d should simply put an update on their website that would suffice and we would all be on the same page.

[pet lover] 03/6/2017 14:11

Musical.ly has no intention of paying Apple for its streaming music service when 7dig can do it for a fraction of the price.

Apple and 7dig pay the record companies vastly different amounts.

[hausofmaus] 03/6/2017 13:12

I would think the Apple/Musical.ly agreement would be marketing led - e.g. AppStore promotion in return for "stream this in full on Apple Music".I can't see them replacing the technical music services 7D provides with Apple Music, as it's not really a match with what Apple provides. So I'd say we keep Musical.ly, whilst they make marketing partnerships with whoever they want...(ie, A bit like advertising on Google while Amazon AWS provides the cloud service that runs your business - you don't suddenly decide to use Google cloud services!)

[bloomer2] 03/6/2017 12:34

My assumption is that Musical.ly have signed up for another year with 7Digital while they transition to Apple platform, but could be wrong.

[tiger60] 03/6/2017 12:02

Did we lose Musical.ly? 7d would say not, although the overlap with the Apple announcement was never clarified

[barnetpeter] 03/6/2017 10:24

Bad week for 7 dig. I hope the institutions are not selling as this would tank to 4 p if they are.

[bloomer2] 03/6/2017 10:01

In the above video, Simon Cole makes the following comments:-

a) Company move to profitability in Q4 - quite significantly so,
b) 21% increase in licence revenues from H1 to H2 - led to Q4 being first profitable quarter,
c) if ignore write off of large debt, admin costs from 2015 to 2016 were flat,
d) took out annual equivalent of 1m in costs in H2.

Examining those comments:-

a) If we recalculate H2 results using exit MRR figures and ignore Guvera write off, i.e. if we were to take the difference between the annualised exit MRR figure (£6241) and the MRR (£4930) halve it and add to the H2 revenue (£6652K), and remove half the 818K write off for Guvera bad debt from admin costs, we get an EBITDA figure of £339.5K (versus £-725K figure reported) for H2. However, there would still be an operating loss for the period of £-704.5K. All very approximate and we know that £1m of costs were taken out in the H2 so Q4 figures are likely to be better than this. Whether they would make the business profitable is not clear!
b) Licence revenue increased from £3043K H1 to £3787K H2. However, licence revenue in H2 2015 was £3370 so increase is not quite as impressive compared to 2015 showing that revenues tend to be "lumpy"!
c) admin costs increased from £-10225K 2015 to £-12557 2016. Even if you allow for the £818K Guvera write off and the £1m of costs that were taken out in H2, it is still not apparent how admin costs are flat!
d) admin costs were £-6398K H1 versus £-6159 H2. That suggests that admin costs will show further falls in 2017 (ignoring the 24/7 acquisition).

It is also worth mentioning that exit MRR for 2015 was £5833K compared to MRR for 2016 of £4930, but the latter presumably would have been impacted by Guvera write off.

The other point worth noting is that he described Musical.ly as one of their biggest customers so losing them will have an impact on 2018 revenues onwards and probably explains the recent fall in the share price.

Appreciate your views on the above.

[tiger60] 02/6/2017 09:38

Under pressure again buys a point below stated price.

And down again, and nothing from 7d. Now 5.7 to buy. It is falling at 4-5% a day.

[tiger60] 01/6/2017 14:52

again what harsh comments? (Ps love how your timelines change)

Investors are allowed to be critical as well as appreciative as and when.

Look history hasn't. been on their side as to the share price fine we believe things can change for the better but as to the present they are hitting lows. Why? A seller maybe the cause but they don't help themselves when making a prior statement that 247 will be wrapped up at the end of may and then not communicating news in June. And where are the new qtr2 contracts also mentioned in prior releases? Simple things are failing

I hold as the exit price is not acceptable and waiting for the positive news flow I expected based on researching the company. You carry on championing Mqa without any idea of the financial benefit to 7d. Every time figures are mentioned you run a mile but good luck as our financial outcomes are aligned but I won't bury my head in the sand.

[pet lover] 01/6/2017 12:54

It is those same directors who I believe will produce very large profits going forward.

For someone so unhappy why on earth don't you sell up and move on.??

As you know I purchased last fall at 6P and I am extremely confident.

The time to purchase any stock is when others hand you the shares because they get fed up waiting.

Good luck with your next selection.

[tiger60] 01/6/2017 12:37

What harsh comments? Over three years shareholder value has been eroded and the company has been funded by debt and shareholders.

Please quote 'the harsh comments'

If i was being harsh you could call this a lifestyle company, but i havent. At the end of the day we are all here solely to make money. No shareholder has, but the directors get their pay every month - how?

[pet lover] 01/6/2017 12:17

Tiger60,

I trust in a year or two your be a little happier,and be prepared to apologise for your rather harsh comments about the directors.

[tiger60] 01/6/2017 09:35

Well looks like going lower 5.9 to buy 150,000. 7dig owe us an update and shareholder value. At the moment we are subsidising their wages.

Where is the rns on contracts and 24-7. Maybe even worth a rns to say we know no reason why share price etc...anyone have the investor relations e mail address as it is not on their website as far as I can see. It is being walked down

[ashtree2] 01/6/2017 08:37

This is my biggest holding so I am down on my investment and disappointed that the share price has fallen back so far.I just hope that my trust in the management here will be rewarded.gla

[tiger60] 01/6/2017 08:27

Erm well buying over 7p and losing over 15% in a matter of weeks is hardly validation of that. Even they would admit buying when they did was a mistake.

[pet lover] 01/6/2017 08:00

Milton know what they are doing buying more after the placing at higher prices.

Big Event starts in LA tomorrow.

[mickharkins1] 01/6/2017 07:39

Worth remembering that six Directors spent a combined ~£ 200k in the placing, which was less than three months ago...provides me with some reassurance that the business is in good shape and the future is bright.

[ashtree2] 01/6/2017 07:34

I see this drop as a buying opportunity and aded another 30,000 below 6p .

[pet lover] 31/5/2017 16:22

We might even get news in the morning if 24-7 has completed by tonight.

[pet lover] 31/5/2017 16:19

Wrong.

Selling comes for various reasons.

I will give examples

1/ Death of the owner and the estate is being wound up.

2/ investors bought in at the placing and are now moving on.

3/ cash required for summer holidays.

The shares are like most,waiting on news and profits.

[iwillbe] 31/5/2017 16:14

This is AIM so somebody is mopping up the shares otherwise we wouldn't be able to sell them.