7digital Share Discussion Threads

[loobrush] 01/9/2014 22:31

Smithie can't you read !

7digital provide all the back-end technology, user account and billing systems, plus catalogue management and licensing for HMV. In addition, the mobile apps feature cutting edge sound and image recognition functionality, simplifying the path to finding and buying music. 7digital enabled HMV to simultaneously launch across five platforms, with plans for international expansion to numerous territories, all within a very tight time frame.

[smithie6] 01/9/2014 21:06

interesting post !

so...7DIG are now printing CDs and DVDs for HMV ??

....imho...I dont think so....but happy to be corrected.

(I thought that 7DIG had 0 to do with physical CDs in HMV shops....but happy to be corrected)

(7DIG handled or handle the on-line sales for HMV imo....whether that is just digital sales or in some way for posting CDs as well...I dont know.....(or care very much....I dont see the HMV selling of CDs as at all interesting from investing viewpoint, imho....a sector in decline for years....everyone thinks it does not have a rosy future......my memory goes back to the hazy days of early 2000s....with Sanctuary...and their music sales)

[loobrush] 01/9/2014 19:04

LATEST NEWS ----LATEST NEWS

Music and video chain HMV is on the brink of regaining its crown as the UK’s biggest retailer of CDs and DVDs from Amazon as customers flock to its stores to watch live bands and buy hard copies of music releases and downloads.

7digital provide all the back-end technology, user account and billing systems, plus catalogue management and licensing for HMV. In addition, the mobile apps feature cutting edge sound and image recognition functionality, simplifying the path to finding and buying music. 7digital enabled HMV to simultaneously launch across five platforms, with plans for international expansion to numerous territories, all within a very tight time frame.

7DIGITAL STILL CHEAP BUT NOT FOR LONG.

[sweenoid] 29/8/2014 17:31

When there's a 728% increase in shares traded day over day you would have expected more action ;-)

S

[sweenoid] 28/8/2014 17:33

Not a single share traded today
Simply amazing
S

[smithie6] 28/8/2014 08:08

loobrush
looking at your thread intro...
so...dirs. did not invite shareholders to take part in the cash
raising....which is actually required, pro rata, by law, Company
Act 2006.

(one assumes that the big holders voted to keep PIs out, ...luckily
for PIs since the share price halved afterwards...even so, principle is the
same....and who knows maybe the share price could have gone up and PIs would
have lost by being locked out)

Why be a shareholder if the dirs. have no intention to invite PIs
to take part in the issuing of new shares ?
and perhaps it indicates their attitude to PIs...
(after SC taking UBC from 26p to 1.6p over 10 years ...I reckon he
owes PIs a bit more consideration than that)

[sweenoid] 27/8/2014 22:39

What's the point in having 2 threads??

Its ridiculous

[loobrush] 27/8/2014 19:00

Starting to move up today, could do with some news from the company
to generate a bit more interest and let investors know what's
happening. This will probably come out of the blue.

[loobrush] 27/8/2014 11:41

Obviously your keen on the share smithie.

[loobrush] 26/8/2014 21:37

Well obviously the directors and shareholders including Imagination
& Dolby think otherwise.

Although as yet a very small player at £15 million, Beats was
bought for 3 Billion Dollars so plenty to go for.

[loobrush] 26/8/2014 20:29

About 7 digital

7digital Group plc is a global digital music technology platform
providing access to over 25 million music tracks. Its technology
offering is a cloud-based software platform that allows companies
to create and develop their own music service. Its services include
radio aggregation and search, curated and programmed channels, high
definition audio, personalized radio, music and radio streaming and
music download services. The 7digital platform and APIs are used to
power music and radio services for consumer brands, mobile
carriers, broadcasters, automotive systems, retailers, record
labels, artists and agencies. Its APIs and mobile application allow
its business to business clients to provide music downloading and
streaming to customers. It services customers, such as Samsung,
T-Mobile, HMV and Blackberry. It also operates its own business to
customer’s music store, localized for and available in over
20 countries. 7digital mobile apps are available for all device
operating systems.
The shift in music delivery from CDs, to downloads and now
streaming services, has been dramatic and disruptive to the
established industry, opening up massive opportunities for
investors. Apple's purchase of Beats headphones and streaming music
service for a remarkable $3bn – triple the valuation of last
September – is the most recent example. These are still early
days in a rapidly evolving market place and industry; however, with
its robust platform, huge music catalogue and rights package,
7digital is well positioned to grab a significant slice of this
massive global industry.

Background on 7 digital

7digital was reversed into UBC this year and shares issued at 27 p
to new investors, price has since dropped to 15 p.
7Digital holds 18.7% of the share capital of Audioboom, plus
warrants to a total holding just under 20% , appx. 90 million
shares.
At Audioboom’s share price at 9p, UBC's shareholding in
Audioboom is valued at appx £8.1 million
Every 1p share price rise in Audioboom increases the value of 7
Digital’s shareholding by appx £900,000.

Powerful Board of Directors for 7Digital
Sir Donald Cruickshank, a director of Qualcomm Inc, non-executive
chairman
Sir Hossein Yassaie, chief executive of Imagination Technologies
Group plc
Eric Cohen, SVP Corporate Development at Dolby Inc

Value
At the moment with the shares at 15 p 7 digital is valued at
£ 16.2 million
Of this Cash is appx £7.0 million
Audioboom holding is £8.1 million
Total £ 15.1 million
That leaves a value for the UBC business and 7 Digital business
combined of ONLY £ 1.1 million WAY TO CHEAP IN MY VIEW.

Although it should be noted that the £7 million cash is
earmarked to be spent on growing the business.

According to recent RNS shareholdings was as follows
DC Thomson & Co. Ltd 7,394,857 6.9%
Imagination Technologies Group plc 18,377,132 17.1%
Liontrust Asset Management plc 9,811,634 9.1%
Miton Capital Partners Limited 3,770,278 3.5%
Benjamin ("Ben") Charles Drury 12,766,903 11.9%
Goodmans Capital Investments Limited 21,975,330 20.5%
Dolby International AB 4,094,708 3.8%
James Martin Kane 8,523,607 7.9%

So the total of shares tied up is 80.7% that is a lot and leaves a
very small free float, so any good news should have a significant
impact on share price as one wouldn’t expect any of the
shareholders to sell at this price as most have only just bought
in.
.Also the significant shareholding in Audioboom could well be worth
a lot more in time.
It is also noteworthy that Imagination and Liontrust have increased
their holdings ll, also interesting, is that Dolby now has a
shareholding.
A further caveat is that 50% of the shares are under a lock in
arrangement for 12 months.

http://about.7digital.com/news