7digital Share Discussion Threads

[monte1] 15/2/2018 14:31

Steaming, simmering dung heap.

[michaelmouse] 15/2/2018 14:26

Incidentally, in the last two placings, PIs have been offered shares in an open offer. Not many companies on AIM do this which further de-dunks your nonsense statement.

[michaelmouse] 15/2/2018 14:20

That may be true, although hindsight is a wonderful thing and it's history now anyway. He also said that they've now built a Ferrari and it's ready to go.

You said, "It s just so disheartening to support a business that doesn't support its investors."

I ask again. In what way doesn't it support it's investors?

[tiger60] 15/2/2018 14:12

Sc admitted in his interview that the company should not of been listed over the last three years

[michaelmouse] 15/2/2018 13:19

They are building a business in an area that is just gaining traction. If it continues to grow then 7digital will be worth well over £100m+ eventually. They have a quasi-monopoly with high barriers to entry. The question to ask is:- "Are their services going to be in great demand over the next 2/3 years?" Huge rewards if the answer is yes and not if the answer is no.

[michaelmouse] 15/2/2018 13:12

Is exactly that.

[michaelmouse] 15/2/2018 13:04

"It s just so disheartening to support a business that doesn't support its investors."

What an absolute load of cr*p people post on bulletin boards. In what way does 7dig not support it's investors?

All 7dig can do is build the business and if they do that successfully then eventually the share price will look after itself. In fact I'd avoid any business where the CEO concerns himself/herself with the share price. Particularly small companies where share prices are subject to wild fluctuations.

The trading update was very encouraging and all eyes are on 2018 results now. After the placing at 4p there is always the inevitable consolidation period with the share price.

However, ultimately the share price will react extremely well if 7dig do indeed turn a profit and cash positive during the year (as forecast), and negatively if they don't.

Of course, if they suddenly announced a large contract with a monolith then you'd wake up to find the share price had increased 50%+ before the opening bell.

You need to think long term. Where will 7dig be in 2/3 years time?

[tiger60] 15/2/2018 12:43

It s just so disheartening to support a business that doesn't support its investors.

[dickiebird2] 15/2/2018 12:05

God give me strength !!

[tiger60] 15/2/2018 09:27

Well the share price is

[monte1] 14/2/2018 13:00

What a POS.

[gary38] 14/2/2018 10:28

Simon Cole, Chief Executive of 7digital, commented:"2017 was a year which marked a major transformation at 7digital. Our acquisition in June of 24-7 and, with it, the contract to supply services to MediaMarktSaturn throughout Europe has cemented our market leading position as a business-to-business platform in the rapidly growing market for streamed music and radio services. 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."

[ashtree2] 14/2/2018 10:27

So some selling at a profit after buying in the placing.bought a few at 4.5

[1bonanza] 14/2/2018 10:20

Can't even sell this dog !!

[tiger60] 14/2/2018 08:54

Well it was on the cards as the last two days buys were at 4.6ish.

Why are they failing to create shareholder value? The last three years as shown by the graph above shows nothing but a downward slide. Each year we are promised things are changing but they fail to galvanise the wider market time and time again. Put numbers to the contracts and get your broker working. It needs an overhaul

[tiger60] 12/2/2018 09:56

4.64 to buy. Where is this going? On a day like this was hoping for a bounce.

[waterloo01] 10/2/2018 14:33

FYI there is a shareprophets post on this. It's not particularly positive.

[napoleon 14th] 10/2/2018 13:34

H217 £0.7M being a starting point, it leaves zero for growth & increased sales,
with overheads being covered & additional profit going
virtually straight to the bottom line.
£2M 2018 profit is not just a dream, & P/E would be c.10.
Cheap for this sort of business, as long as it happens.....
I'll stay in for now as IMO this share will "happen" in 2018.

[spreadsheetsteve] 09/2/2018 21:24

My mistake, just taken from the 7Digital page on the London Stock Exchange site. Probably not updated for the increase in shares

[tiger60] 09/2/2018 21:04

Maybe another look at your mkt cap figure, remember approx 400m shares - approx 20m mkt cap

[spreadsheetsteve] 09/2/2018 20:27

If the predicted loss of £1m for 2017 is accurate that would suggest an H2 2017 profit of £0.7m, so without any further improvement a profit of £1.4m for 2018. Compared to a Market Cap of £9.5m, already looks quite attractive. Any increase on the £1.4m would look extremely attractive.