7digital Share Discussion Threads

[someuwin] 11/3/2021 08:54

Finally looks like its going to take off here.

[mdchand] 11/3/2021 08:46

Make that 769m monthly active users & 262m daily active users

However of more significance is the comment that 'This latest partnership exemplifies the breadth and depth of our capabilities and is expected to be a significant contributor to our revenue growth in this market segment."

[wapper] 11/3/2021 08:41

Massive potential here. I think we will see a series of similar announcements of contract wins/renewals. Already stated clearly they will turn profitable in 2021 . At some point soon I expect 7Dig to go stratospheric.At the very least this is starting to look like a 3-4 bagger in short term . I've held for about a year and current value around £30k. Not selling. I do trade but have core HOLD portfolio and this is in latter .Good luck to all including traders as we need churn . Will keep adding on dips as far as 6p before reviewing.

[chinese investor] 11/3/2021 08:27

GO GO HORSEY !

[parsons4] 11/3/2021 08:27

Yes a great RNS. I have been looking at KUAISHOU, they had 302 million active users in the 6 months to 30/06/20 and revenue of $3.8 BILLION yes BILLION. They have decided to use 7DIG !! We must not forget that they raised a lot of money at 2.25p last year so there is plenty of upside here IMHO.

[dickiebird2] 11/3/2021 08:26

Not hot air !!!!

[chinese investor] 11/3/2021 07:21

Great RNS !

[wapper] 11/3/2021 07:05

Nice RNS this morning

[davecrashandburns] 08/3/2021 16:16

No suprisingly the hot air keeping this afloat has gone.

At 1.2p today

[axonic] 01/3/2021 19:33

newsletter out today
hxxps://mk0l7digitalf9oyn6fx.kinstacdn.com/wp-content/uploads/2021/02/7digital-Investor-Newsletter-February-2021.pdf

[axonic] 25/2/2021 17:48

More importantly, FormeLife seem to have an interesting product obviously aimed at an affluent market. That said it would be interesting to see the value of the contract. Seems strange that the price has dropped.

[parsons4] 25/2/2021 07:34

Been looking at "Forme" which was launched late last year it seems. Paul is very positive about the income from this tie up. He must therefore know how successful Forme are, so looking good. Looks like opening higher on the news !!

[rayj1] 21/2/2021 23:52

2023? Well you are optimistic:) this is a sucker stock !

[davecrashandburns] 18/2/2021 13:05

I would set the alarm for 2023 on this one - there are already 783,000 earnings (at P/E of 50) in the price - before there is any movement on this share price, they will have to show some real earnings.

Hopefully they will use any free cash flow to buy back shares - nearly 3 billion is an insane number for a company of this size

[brut winky] 15/2/2021 14:20

Due a trading statement in a couple of weeks, hopefully a contract win will be announced as well and maybe an update on Triller and UMG. GLA

[axonic] 14/2/2021 06:34

It looks like someone bought 6.5M shares on Fri. That's quite a lump.
Feb 12, 2021 10:14:48 1.60p 3,132 £50.00
Feb 12, 2021 10:12:11 1.60p 656 £10.47
Feb 12, 2021 10:11:38 1.47p 1,446 £21.26
Feb 12, 2021 10:03:14 1.60p 626 £9.99
Feb 12, 2021 10:01:22 1.45p 21,159 £307.61
Feb 12, 2021 10:01:13 1.45p 3,053 £44.38
Feb 12, 2021 09:58:57 1.58p 6,500,000 £102,919.70
Feb 12, 2021 09:57:06 1.53p 195,492 £2,991.03
Feb 12, 2021 09:45:48 1.53p 15,000 £229.50
Feb 12, 2021 09:42:19 1.53p 12,562 £192.20

[benny shares] 11/2/2021 21:20

The client loans a catalogue of music to suit their business needs, that client will also pay royalty fees, 7dig gets paid for what they loan out and because its loaned it'll be returned at the end of the contract. Remember 7dig spent a fortune on it's music collection, which may I add is the largest collection in the Business To Business (B2B) globally.As the music industry has been crippled by this pandemic 7dig has looked at different avenues, including home fitness with intention of music to help with wellbeing, also introducing their expertise into online concerts... I could bore you even more but I'm afraid I'm off to top up my smartie

[davecrashandburns] 11/2/2021 15:20

Does anyone know how the rights work - I mean actually know rather than theories as fact

As supplier of the music to Triller, wouild 7Digital not have to pay the useage of the music and charge this back to Triller?

Or is it just the end boradcaster that pays?

[brut winky] 08/2/2021 20:54

mdchand: good post, looks a bit like UMG trying to hold Triller to ransom, as Triller pays 7dig and i imagine 7dig pay UMG for the rights, so UMG look to want two pieces of the cake from what i can gather.

A source familiar with UMG’s side of the situation also tells Rolling Stone that UMG’s deal with Triller actually ended over a year ago. Since then, UMG has been working with Triller under short-term extensions while negotiating a new deal. According to the source, Triller stopped paying a couple months ago, and then informed UMG that the app didn’t feel it needed a license from UMG a few weeks ago. The source says UMG was met with silence when the company tried to have a discussion around the matter. When the last renewal was up, UMG notified Triller that it would be telling Triller’s supply chain, 7digital, to no longer deliver UMG content to the platform. If these claims are indeed true, they completely contradict Lu’s apparent shock.

Either way the share price doesn't look too concerned.

[davecrashandburns] 08/2/2021 14:15

Forget that, sorry, it was from slightly over a year ago