7digital Share Discussion Threads

[pet lover] 13/12/2016 16:54

Ten weeks ago.

This is more bull from Simon Cole, or the truth. Maybe it's just my nature but I read it as bullish.

[pet lover] 13/12/2016 16:22

Contracts signed during the first half with a cumulative lifetime deal value of GBP4.7m, compared to GBP4.2m for the whole of 2015.

[pet lover] 13/12/2016 16:17

Smithie6

If I understand this correctly you have been badly let down by Mr Cole over a long period of time when he was running UCB.You don't trust him the board and the company (7Dig.) I can well understand that and my enthusiasm here may be totally Misplaced you could be doing us all a favour with your warnings and comments.Buying the shares today is a risk if profits don't materialise next year then I would expect the shares to fall.As to the turnover growth, if the company just lifted the old 7% margin income to 90% (as they say they are doing)everything in the garden would be rosey.

[smithie6] 13/12/2016 16:14

..anyone liking jam tomorrow stories might also want to throw their money at SEE...Seeing..
Just raised 15M more. They never stop raising money.

(Not for me. I like ELCO. Profitable, growing, expanding abroad, cheap, solid accounts, NO need to raise cash to stay open...)

[smithie6] 13/12/2016 16:06

Was the last cash raise at 28p/share ?

3 years at 5% divi from a blue chip share would have given 3 x1.4p divi = 4.2p.
+ 28p
= 32.2p

Investment of 32.2p/share has produced a loss maker and a value of 7p, loss per share of 25.2p.

25.2p/share !!

I didnt believe the bod promises at 28p...nor now.

[smithie6] 13/12/2016 16:02

Ah....did the original founder leave !!?

Negative sign imho

[smithie6] 13/12/2016 16:01

Post 977

.co. has " been around for 13 years"

Total divis paid = ?

(Zilch)

Never ending cash raises....
After 13 years it is still eating money !!....& mug punters on AIM keep believing the story !!

-----

Guvera non-payment.
How many more bad debts to come ?
Many other customers are start ups....and fierce competition and offers of " free for x months"

If reduce sales to sales that have been paid for....how much would the sales reduce ?!!

[smithie6] 13/12/2016 15:52

Pet lover

Was it 5% year on turnover growth ?!...while it books in its losses..

Zzzzzzzzz

[smithie6] 13/12/2016 15:51

So..
Man. United is based in Britain
7Digital is based in Britain & only UK listed co. imho doing what it does

And still they didnt pick 7Digital !!

[pet lover] 13/12/2016 14:34

When any new contracts produce 90% margins profits can grow exponentially once the tipping point from loss to profit has been achieved.The recurring revenues is what I want a slice of.🚀

[pet lover] 13/12/2016 13:42

This is NOT 7Dig but gives one an idea of the massive market that is being created right now around the world.

[geheimnis2] 13/12/2016 13:40

Thanks PL

I have a small holding here

Been keeping an eye on it thinking of a top up but haven't taken the plunge yet

[pet lover] 13/12/2016 13:38

Licensing:

Licensing is the core of our business, providing the platform and rights management expertise through which our B2B customers can create their own streamed music services offerings, either standalone or bundled into their own device or product offering. Typically, customers pay an initial set-up fee and then a fixed monthly licence fee for using our platform; in addition, we may also take a share of user related revenues generated by the service, including transaction and subscription revenues.

[geheimnis2] 13/12/2016 13:23

Do we get paid per stream?

[ochs] 13/12/2016 12:56

Thanks pet lover - helpful answers. I am in at present, but with a modest stake.

[hausofmaus] 13/12/2016 12:26

170M streams per month is around 5.5M streams per day.

Since last results published we've seen ongoing reports of huge growth in musical.ly, CStream (France) has gone live, Mus (Uruguay) has gone live, Electric Jukebox (UK) has shipped - I guess all will contribute to greater or lesser degree to monthly streams figures...

We also know (from Catchpoint PR re 7DIG)...
"We service tens of millions of API requests everyday around the globe."

I guess there isn't a 1-1 mapping between streams delivered and API requests, as there will be log-ins, track listings, etc. but it says "tens" - maybe there is a 3-1 overhead of API requests to streams?

- iain

[pet lover] 13/12/2016 11:57

Half year report.

During the first half we delivered 206m music streams to over 12.6m people, which by year to date had increased to 600m streams delivered to more than 15m people. This compares to 72.6m streams delivered to approximately 3m people for the whole of 2015, illustrating the rapid growth in reach and usage of our platforms.

--------------------------------------------------------------------------------

So in the 11 weeks from June 30th to the date the results were published music streams jumped from 33M a month to over 170M a month.

What is the growth rate today.?

[pet lover] 12/12/2016 16:11

Directors bought after the results as did Milton.If one looks at the last two sets of results 7Dig appear to be going in the right direction.They also said they have lots of orders in final negotiations. I guess it's all about trust.

[loobrush] 12/12/2016 16:01

How much cash-that is the question -it certainly is not a lot. My view is that if they achieve profitability bt the year end then they will be cash generative from then on.
Once they get to profitability and maintain margins profits should rocket so next results will be pivotal-the shares could rocket or not as at the moment this is a small company but it has big ambitions and some great contracts especially the one with musical.ly which is going great guns.
They were knocked back by the bad debt of Guvera in last results but still have managed without any extra cash which is good and may now have recovered some of that debt.

[pet lover] 12/12/2016 15:55

Best you look at the accounts for yourself.📚

[geheimnis2] 12/12/2016 15:35

how much cash is there on the balance sheet please?

[pet lover] 12/12/2016 15:26

19 September:

Simon Cole, Chief Executive of 7digital, said:

"We have continued to improve the quality of our revenue base, remain confident of our commitment to achieve profitability by the year-end and expect the Group to be profitable for the full year 2017. We continue to expect to be broadly EBITDA breakeven in the final quarter of the year.

[pet lover] 12/12/2016 13:24

Clearly Smithie 6 you don't think they will deliver.🚚

[pet lover] 12/12/2016 13:21

7dig Smithie6.

You are correct others have gone bust the main reason being the lack of high margin recurring revenues that support growth.At the last accounts Half of 7Dig'S revenues were recurring and the exit growth rate was strong.The company has also been around for 13 years. I cannot say 7Dig will not go bust they might, then again they might clean up as the competition has now disappeared. 🌞

The Digital streaming music market is Booming.