7digital Share Discussion Threads

[davecrashandburns] 08/2/2021 14:14

There is a thread saying 7Digital is getting sued in California - anyone know anything about this? They seem pretty legal to me - am suprised they aren't paying royalties where they should

[mdchand] 06/2/2021 14:37

hxxps://www.rollingstone.com/pro/news/universal-music-triller-artist-payments-1124349/

This article refers to 7 digital............

[cgod] 06/2/2021 07:59

hxxps://www.musicbusinessworldwide.com/triller-we-dont-need-universal-music-group-to-run-our-business/

[axonic] 05/2/2021 20:00

I was thinking the same as poombear; this could well give a lot of companies the shock they need to make sure artists get paid and hopefully generate more contracts for 7dig.

[parsons4] 05/2/2021 11:21

Looks to me like the 9m trade was a "worked" sale !

[gb904150] 05/2/2021 10:42

It would be helpful if 7DIG could clarify what the issues are here with UMG and with ensuring artists receive the correct royalties.

Are 7DIG part of the solution? It's not quite clear.

hxxps://www.musicbusinessworldwide.com/universal-pulls-music-catalog-from-triller-says-tiktok-rival-has-shamefully-withheld-payments-owed-to-our-artists/

[mdchand] 05/2/2021 10:35

hxxps://www.prnewswire.com/news-releases/triller-announces-first-global-licensing-deal-with-universal-music-group-300673908.html

[mdchand] 05/2/2021 10:34

As poombear mentioned, Triller may not need UMG, or Triller simply dont honour existing contractual agreements......

[poombear] 05/2/2021 09:54

I suppose today's news could be positive as it might fast track 7dig licensing services to Triller. Although without understanding the whole ecosystem, I may be wrong about that???

[cgod] 05/2/2021 07:41

Well invested here, need to break out over the 1.9 average today, then clear sky ahead. also looking at 8p plus in 2021.

[oakville] 05/2/2021 07:30

Bought in yesterday... Tipped on many platforms with decent outlook. Looking at 8p by end of 2021.

[hodhasharen] 04/2/2021 20:51

1p tomorrow

[on target] 04/2/2021 20:37

It's all about future profits Dave, not current.

[on target] 04/2/2021 20:35

It's a tech stock Dave.Why not go on a Tesla thread and talk about p/e. They have a p/e of approximately 2000.

[theaviator] 04/2/2021 20:29

You can't concentrate too much on P/E on these types of shares. David Paul has a Vector Vest program and the software all about P/E which useful but doesn't work as an investment tool imho Different on a FTSE 250 or 100

[davecrashandburns] 04/2/2021 18:34

Here are the earnings needed to support each price at different P/E ratios

You would need 945000 (nearly a million of earnings) just to support todays price at a P/E of 50 - which is already very high

I would love this to explode - but would need share buy backs and much more revenue

Share Shares issued Price P/E Ratio Earnings Needed
7 Digital 2700000000 1.5 25 1620000
7 Digital 2700000000 1.5 50 810000
7 Digital 2700000000 1.5 100 405000
7 Digital 2700000000 1.75 25 1890000
7 Digital 2700000000 1.75 50 945000
7 Digital 2700000000 1.75 100 472500
7 Digital 2700000000 1.8 25 1944000
7 Digital 2700000000 1.8 50 972000
7 Digital 2700000000 1.8 100 486000
7 Digital 2700000000 2 25 2160000
7 Digital 2700000000 2 50 1080000
7 Digital 2700000000 2 100 540000
7 Digital 2700000000 3.5 25 3780000
7 Digital 2700000000 3.5 50 1890000
7 Digital 2700000000 3.5 100 945000
7 Digital 2700000000 20 25 21600000
7 Digital 2700000000 20 50 10800000
7 Digital 2700000000 20 100 5400000
7 Digital 2700000000 40 25 43200000
7 Digital 2700000000 40 50 21600000
7 Digital 2700000000 40 100 10800000
7 Digital 2700000000 100 25 108000000
7 Digital 2700000000 100 50 54000000
7 Digital 2700000000 100 100 27000000

[theaviator] 04/2/2021 15:35

Yes Sir. Loving this one.

[brut winky] 04/2/2021 14:41

Looking good.

[phy510] 04/2/2021 11:35

Copied from the full year report...By contrast, in the first half of 2019, the Group was significantly impacted by the loss of its largest contract with European retailer MediaMarktSaturn ("MMS") to provide the music streaming service for its wholly-owned subsidiary, Juke Entertainment Gmbh ("Juke"). The Group had to take immediate action and agreed the sale of select technology from the Company and the transfer of staff to TDC Group for a total consideration of €1.375m in cash. This technology, which was only used by one customer, had become unprofitable to maintain.

[phy510] 04/2/2021 11:28

Hi Dave, one thing to mention triller monthly users 65million. Even if we get 1pence per usage this equates to significant revenues Just from one contract. Also I think I read when 7dig lost a contract last year they sold some bit of tech which was a positive in making the company more cash efficient as it dropped there outgoings.

[on target] 03/2/2021 17:47

Aren't you including cost of sales in the overhead there Dave?

[theaviator] 03/2/2021 17:45

Also see Bruts chart below. Excellent chart. You'd be amazed how they predict the news. ;)GL

[theaviator] 03/2/2021 17:41

"hope, hot air, speculation"? Nope. Just from what CEO states v clearly in interview. What you've posted below is a growing company. I am expecting several million in new contracts...

[davecrashandburns] 03/2/2021 16:20

The gross margin is 90% the CEO said on the call - I was talking about earnings - after the overhead has been covered. Obviously once you've covered the overhead anything you sell is almost pure profit at these margins.

That the share price trend is going up doesn't mean a lot to me - it can also start to trend down. What will keep it up (as it were) is solid numbers.

My point was it's already priced at making 1m profit - do you guys think it's going to
explode in sales to 30million - if it did you'd probably be making good profits.

The problem is the accoounts are a basket case

If you add losses to sales to calculate overhead you get the following

Year Sales Overhead overhead % of sales
2019 9m 16m 177
2018 20m 32m 160
2017 17m 22m 129
2016 11m 16m 145
2105 10m 13m 130

The overhead was getting bigger and bigger as a % of sales. With 750k to 1.3m of earnings in the share price today (depending on what P/E ration you'd put it at), it seems a real stretch to see this getting higher on anything other than hope, hot air end speculation.

Thats is unless you believe they can have turned around the numbers so radically in only 12 months - what the hell were they doing before??

Also the share price has inncreased from 0.12 pence to 1.6 pence (that is X13) - the price seems very low at only a penny and a half or so - but that's becuase there are NEARLY 3 BILLION SHARES outstanding.

Most people on here will be much more knowledgeable about shares and 7Digital - if anyone disagrees with me, please would they tell me where I am going wrong?? I would love to throw some money at the share - and it does seem to be going up!! But the fundamentals don't convince me and getting in and out on rising prices is very difficult to time!!!

Many thanks