7digital Share Discussion Threads

[mikeroot5] 17/1/2017 09:10

Positive outlook on the update, I feel. RNS covered in this article.

[rapier686] 17/1/2017 09:08

Well done pet lover. I didn't believe they'd make it round the corner without extra funds but it appears they have.
Profitable makes all the difference. I'm far more interested in them now at 9p then before at 6.

[hausofmaus] 17/1/2017 08:42

Yep, always a bit of a change-around on news days, some folk leave with their profits (or losses), others join us...Very pleased with the update, and looking forward to the future here. Well done 7digital team!

[fozzie] 17/1/2017 08:35

Nothing, we had a good rise the last month, pi locking in his profit is all. Nothing to worry about imho.

[folderboy] 17/1/2017 08:26

Oh it's more than that . . what have I/we missed?

[wh1spa] 17/1/2017 08:25

here comes the tree shake

[wh1spa] 17/1/2017 08:24

edit 20p share price not mcap! ;-)

[loobrush] 17/1/2017 08:24

Great results-in profit and going like a train, with the margins they get this year should be really profitable-excellent and way undervalued.

[wh1spa] 17/1/2017 08:24

If there was any chance 7dig could attain that kind of mcap then it would be snapped up way in advance. As I said before 20p would make me happy enough .........

[folderboy] 17/1/2017 08:22

Crazy - did I read that trading statement right? Was I wear rose coloured spectacles?

Soon time to add I guess!

[pet lover] 17/1/2017 08:09

As I am trying to get across:

As turnover leaps with more licensing and streaming deals @95% margins your-looking at a company value towards £250M.

[folderboy] 17/1/2017 08:06

OK a profit is a profit - and I am pleased to be back in the black here - BUT does seem a strange decision to sell so quickly in the morning. I would anticipate a rise in the next few hours/days - but what do I know - I used to own NTX shares!

[fozzie] 17/1/2017 08:05

Very strong update from the company this morning. Happy to hold and let the Mia story play out. Thanks to michaelmouse and pet lover.

[1bonanza] 17/1/2017 07:56

Someone's gone rather quiet since the RNS ...........:-))

[wh1spa] 17/1/2017 07:55

FinnCap's verdict -"Target 16p reiterated – equivalent to an undemanding 1.3x FY17 EV/Sales multiple. We look forward to reviewing this target in due course to reflect the business's improving risk profile as it transitions to profitability."

[ashtree2] 17/1/2017 07:45

PL...Well done re your research on this thread,probably deserve to put your feet up.

[michaelmouse] 17/1/2017 07:36

"During the final quarter, 7digital also signed a further label development deal so that it is now working with all three of the major record labels as clients."

At this stage that trading update couldn't have been any better. Profitable in final 1/4, profitable in 2017, still has cash £730,000, deals with all three majors, £1m cost savings, and contracts across a range of sectors with new and existing clients.

Very little competition so must be establishing a quasi monopoly.

Last report September:-

[1bonanza] 17/1/2017 07:30

Well they did what they said on the tin !

[pet lover] 17/1/2017 07:12

Profit in the last quarter V projected Break Even.

Profit in 2017.

New year started well.

🌞🌞🌞🌞7774;🌞ӽ74;🌞🌞;🌞

[folderboy] 17/1/2017 07:10

GOOD morning. Enough said I think - been a long wait.

[pet lover] 17/1/2017 06:54

"As the relentless sales of headphones show, when it comes to music we care a great deal more about sound quality than mobile phone manufacturers do.

After years of poor -quality digital audio forced on us by terrible earbuds bundled with the phones and low-grade MP3 files, suddenly we're seeing a slew of top-end phones packing the ability to fire out powerful sound with premium quality.


A core component of this is the advent of Hi-Res Audio, which is now on the cusp of taking the mobile world by storm. Here's why, and how, it could be the audio upgrade that makes perfect sense for superior sonics across all your devices, not just your phone."

[pet lover] 17/1/2017 06:09

Two striking points to note.

First the rate of growth of streaming music.

Second the huge growth of listening to music by mobile.This has always been a very poor quality sound as digital music is currently degraded due to storage constraints on mobile devices.

MQA embedded mobile phones are just hitting the market now and I am sure be a huge selling point in what is now a near stagnant mobile phone market.