7digital Share Discussion Threads

[barnetpeter] 09/2/2018 19:20

Not out....still holding some.

not my view...from stockopedia.

[tiger60] 09/2/2018 19:15

Disagree but then you are out.
I am normally the pessimist but the ebitda figures are great even though revenue target missed.

Glaring error in the edison report by leaving the revenue figures as previously advised (along with all their estimates). In fact they should of moved their revenue estimates up by 1.3m for 2018 to recognise the movement between 2017 and 2018 which then positively impacts downstream numbers. You cant tell me revenue estimates for 2018 old and new are exactly the same even though 1.3m more will be recognised in 2018 the odds on that would be crazy. Therefore profit estimate should be higher

Overall good news and the share price didnt get what it deserved. The real kicker is a new blue chip client hinted at when the funds were raised.

It will rise when markets calm down

[barnetpeter] 09/2/2018 18:35

ho hum....not that impressed

My opinion: there are grounds for optimism, now that fresh funds have been raised and the company is probably in the black.

That said, there is no getting away from its speculative nature, and the Stockopedia computers identify it as a highly speculative Sucker Stock.

[michaelmouse] 09/2/2018 16:22

From twitter

"Pete Downton‏
@petedownton71
Following
Following @petedownton71

More
2017 will be remembered as the inflection point for streaming. Delighted that the year also proved to be the inflection point for 7digital. So proud of the team & excited how 2018 has begun for our customers old and new"

[michaelmouse] 09/2/2018 16:18

Excellent update from Edison which illustrates that the company is significantly undervalued on a prospective p/e of just 9.1 falling to 5.7 in 2018 and 2019 respectively.

EV/EBITDA values at 4.0 falling to 2.5 (2018 and 2018). Very attractive indeed.

Additionally EBITDA is predicted at 1m loss in 2017 which would confirm profitability in H2 as reported in today's update.

Cashflow breakeven by H2 2018.

Extremely cheap if they hit targets. Another major customer would make the market cap. stupidly cheap of course.

Aimho.

[spreadsheetsteve] 09/2/2018 14:48

LITDA for H1 was £1.7m, so with a profitable H2 that will presumably be beaten. A bit difficult to see how a 52% increase in revenue can amount to a missed target. If they can miss their target in a similar manner in 2018, I for one will be very happy

[hausofmaus] 09/2/2018 09:45

4.9 was my topup/buy, suspect 4.89 was a buy too - let's hope the winter sale here is over now...

[babbler] 09/2/2018 08:35

Yet the MMS play the share. Mostly buys all morning then 3 sells and they drop it.

[dickiebird2] 09/2/2018 08:32

Let's hope so !!

[michaelmouse] 09/2/2018 08:30

Yes, not sure what I was expecting for 2017 but ahead of expectations is very welcome and I certainly wasn't expecting them to say H2 was profitable. Certainly bodes well for 2018.

[spreadsheetsteve] 09/2/2018 08:27

Yes, looking very promising for 2018. Looks like transforming into a proper business making real profits. Happy to be a holder here

[babbler] 09/2/2018 08:09

Nice sea of blue...

[michaelmouse] 09/2/2018 07:29

"Perhaps more importantly, it led to a profitable H2 and a significantly improved EBITDA loss for the year, ahead of expectations. This provides the right foundation for full year profitability in 2018."

Well, an ahead of expectations statement is always welcome and a profitable H2 even more so. Full year profitability for 2018 should also be helped with a carry over of £1.3m in revenue now booked for Q1.

Excellent. All eyes on 2018. A profitable company with high gross margins and substantial recurring revenues is very attractive, particularly in uncertain markets.

[iwillbe] 07/2/2018 18:44

Ah but now he is Senior Non Executive Director. See EVRH RNS.

[tiger60] 07/2/2018 17:32

March 2016

[tiger60] 07/2/2018 16:04

He was already a director there i believe

[iwillbe] 07/2/2018 14:30

You would think they'd mention Simon Cole being appointed NED of EVRH.

[barnetpeter] 06/2/2018 22:57

bid broken through the 5p levels today. Nothing much going on here,,,,

[monte1] 02/2/2018 08:55

It is still a POS though - of that we can surely all agree?

[tiger60] 02/2/2018 08:27

Even the troll is bored!

[monte1] 27/1/2018 09:40

#3096 & #3097

Great points - and very well made imco.