7digital Share Discussion Threads

[hydrus] 28/6/2017 08:09

LOL that's not how you calculate PE

[andrewhbruce] 28/6/2017 07:35

Projected P/E 3.7 !!

[michaelmouse] 28/6/2017 07:27

As a long term holder, I'll settle for that statement.

EBITDA losses substantially reduced this year.

EBITDA anticipated to increase significantly in 2018 to an estimated £3.4m compared with previously anticipated £1.9m. That's a hefty 79% upgrade in the forecast figures.

:).

[michaelmouse] 27/6/2017 23:22

Another one for the filter bin.

[tiger60] 27/6/2017 22:06

Erm well then that reflects on the company not me. Dont embarrass yourself by being a patronising....you missed the point! Quote the whole sentence and you know what I was implying

shame you couldnt keep it civil but dont let me keep you from your vocation...

To be honest we all want the same thing. A successful company. I hope a lot of new contracts get announced but doesnt make it right in terms of releasing price sensitive information at a manipulated time rather than point of agreement. It happens no big deal for me just making an observation but thanks for the feedback. You set yourself up as the investors friend, voice of reason but that persona seems a little false. Good luck.

[michaelmouse] 27/6/2017 20:46

tiger60 - "Well they put out there would be new contracts in qtr2 in an earlier update but those are rarely announced at an agm"

It takes about 30 seconds to 1 minute to look back at their previous AGM statements in 2015 and 2016. I'd suggest you take a look and avoid causing yourself any further embarrassment.

[barnetpeter] 27/6/2017 20:39

bought some today...am a buyer below 7p but not above

[tiger60] 27/6/2017 20:22

Well they put out there would be new contracts in qtr2 in an earlier update but those are rarely announced at an agm as they should report them as and when but councidences do happen...heres hoping

[cloudwars] 27/6/2017 20:22

Thanks michaelmouse - https://techcrunch.com/2017/01/31/soundhound-raises-75m-to-bring-its-voice-enabled-ai-everywhere/

[pet lover] 27/6/2017 20:13

Tiger60

News in the morning. ?

[tiger60] 27/6/2017 20:03

Nice partnership but we need the new contracts

[michaelmouse] 27/6/2017 18:58

Well 7Digital have released this news on their website at the close of play today:-



Hopefully this will be accompanied with a positive sounding trading update tomorrow morning.

We'll soon find out anyway.

[monte1] 26/6/2017 08:03

Mental more like.

[bloomer2] 26/6/2017 08:01

I did read the accounts - that's where I got the figures! You can put as much spin on it as you want, but the numbers speak for themselves.

[pet lover] 26/6/2017 07:20

Read the accounts and listen to podcasts, over £1M of the ongoing cost base has now gone.

[bloomer2] 26/6/2017 06:56

I'm really not understanding how 7Digital's cost base is fixed. Admin costs over the last 3 years are as follows:-

9132 2014
10225 2015
12557 2016

So they are rising over 15% per year - that is not fixed! No doubt there will be another 15-20% increase this year.

[chezt] 25/6/2017 21:52

Exactly, as an operational geared company, 7dig have now reached that point where future revenues can be ploughed back in to the business to keep them at the top of their game and maintain a healthy profit margin. Well managed, this should keep them as a very dominant player within the industry. It all bodes very well!

[pet lover] 25/6/2017 21:34

To date 7dig have never got high margin revenues higher enough to cover costs and keep up with the required investment.

That has now changed.

Every new contract adds heaps to profit.

[pet lover] 25/6/2017 21:31

Spot on.

All these new potential clients can't pick up the phone book, get 6 quotes, and then play them off for better terms and prices.

7Dig is just about the only European option left in the room.

They have all the big record companies as clients.

Fixed cost base.

MQA

WORLDWIDE RADIOPLAYER

[chezt] 25/6/2017 21:26

The Forbes article sums up the state of the industry nicely. We really are at an inflection point. The growth from here is going to be massive and its great to have 7dig positioned as it is. Retail companies must be looking at where the industry is heading and feeling a need to get something established rather than miss out. Doing anything in house is far too expensive, too slow to set up and open to varying pitfalls, so a b2b arrangement has got to be the way to go and the only viable and sensible option is to choose a company that has the experience, track record and provide the best service (as frequently recognised by the music mags). A big re-rating must be on the cards due to the vastly increased revenue, although it may take some time coming if some are waiting for further verification from brokers and the next set of results. Any sharp sharp falls ImHO can only be buying oportunities.

[tiger60] 23/6/2017 19:33

What i wouldnt be surprised to see is a spin off of the b2b business from their traditional markets, originally the bbc.

[tiger60] 23/6/2017 16:41

Didnt you say that a couple of days ago on this very board? Must of been a false start...

[pet lover] 23/6/2017 16:26

The re rating starts now.