Share Name Share Symbol Market Type Share ISIN Share Description
7digital Group Plc LSE:7DIG London Ordinary Share GB00BMH46555 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.10 -8.16% 1.125 44,857,957 16:02:30
Bid Price Offer Price High Price Low Price Open Price
1.10 1.15 1.225 1.10 1.225
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 19.91 -12.20 -2.97 26
Last Trade Time Trade Type Trade Size Trade Price Currency
16:26:38 O 2,500,000 1.3333 GBX

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7digital (7DIG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-08-14 16:15:001.332,500,00033,332.50O
2020-08-14 16:01:301.10910,31810,013.50O
2020-08-14 16:01:021.11901,24410,013.81O
2020-08-14 15:26:401.105,00055.03O
2020-08-14 15:25:411.1045,975505.95O
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7digital (7DIG) Top Chat Posts

7digital Daily Update: 7digital Group Plc is listed in the Media sector of the London Stock Exchange with ticker 7DIG. The last closing price for 7digital was 1.23p.
7digital Group Plc has a 4 week average price of 0.22p and a 12 week average price of 0.18p.
The 1 year high share price is 1.48p while the 1 year low share price is currently 0.16p.
There are currently 2,319,070,834 shares in issue and the average daily traded volume is 137,655,582 shares. The market capitalisation of 7digital Group Plc is £26,089,546.88.
scrutable: I am impressed by the December trading Update disclosing the management's confidence that they are cutting £7m from costs this year, and by the implications of the several recent large contracts. The delayed Results must be keenly anticipated, with surely the possibilty of breaking into profit quite soon. No wonder that the share price is flying
benny shares: I would imagine in the near future the company will be releasing a statement regarding "Notification Of Major Holdings". This will be very healthy for the share price... they don't day trade
benny shares: The share price increase on the 31st July was responded with an RNS from the company...There was no indication to sell.
rapier686: A law suit that nobody knew about, nor would have bothered about if they had known has been dismissed. Apart from that, the RNS says "business as usual". In other words, "the company knows of no reason for the share price rise". Equally, there doesn't appear to be the pumping you'd associate with a boiler room effort. I reckon it's just that someone with deep pockets has just recently come to the conclusion that the company's position in the streaming landscape is worth an awful lot more than the £5m it was selling for a few days back.
benny shares: I have a question... does anyone know how many shares were in issue for June 2014, its been six years since the company has been profitable, and another important question if I may... how long has Amazon Prime been a business consumer with 7digital?.6th June 2014 7dig share price was 32.5 pence but without knowing how many shares were in issue I can't figure out its market capital.Have a lovely weekend and I will see you Monday
michaelmouse: post #367 - You're quite right about speculative companies in general. 7digital's share price might double again and reach an even more ridiculous valuation. Conversely it might halve. One thing that is almost certain (imo) is that they'll need a large fund raise again. The balance sheet is awful. At the half year, trade and other receivables were £2.4m and trade and other payables £10m. Eeks! I must also correct you on revenues. They won't have made anything near £19m in revenue in 2019 never mind £25m. It'll be in the region of £10m-£12m. That's why they're losing money. A large proportion of the revenue in 2018 came from their client MMS. That is the problem they had. MMS pulled out, and 7digital lost their lifeline and nearly went bust. You'll see that in 2018, half year revenues were £9m and they'd dropped to £5.6m this year. As for the clients mentioned in the trading statement, they're not new. We've known about Fender, Universal and Triller for a long time. Look through previous contract announcements. At 0.2p I'd suggest it was a good punt on the share price climbing (risk/reward). I'd suggest it could go heavily either way now. Good luck whatever happens.
dave4545: Thanks tomboyb I'll guess the share price will trade at a premium to the funding price now is seems the worst is over So 0.15p funding share price around 0.18p 0.2p funding share price 0.23-0.25p And upwards if they manage to pull off a premium but your link does suggest 0.2p or lower so I've banked profits and will sit on sidelines for now
kcr69: Wow monte1, you've been let loose on your own this evening. Its late so I will be (relatively) brief. Surprisingly I have to agree with the first two sentences of your post #4342. Thereafter I am afraid it is pure agenda, and all credit to you, no attempt whatsoever to hide it. Lets re-write your last two sentences to something closer to the truth (Additions in capital letters). The outstanding loan is POTENTIALLY then convertible into shares in lieu of cash redemption at certain times prior to settlement date (which, IF CONVERSION DID TAKE PLACE, would result in further dilution for EXISTING holders NOT PART OF THE CONVERTIBLE LOAN NOTES). The lenders are NOT going to be mightily hacked off that conversion will take place at a multiple of 3X current price - BECAUSE THEY SIMPLY WOULD NOT CONVERT AT THAT PRICE, CHOOSING INSTEAD TO ACCEPT THE AGREED INTEREST AND REDEMPTION OF PRINCIPAL AT MATURITY - A DATE WHICH MAY OR MAY NOT BE RENEGOTIATED). I am a little surprised that you genuinely believe (or is it all part of the ruse) that debt lenders would happily give up senior status (fundamental in times of administration) to be forced into owning common shares at a time of loss of capital. In the simplest terms, while clauses are likely to be in existence where the borrower can force the lender to convert, it most definitely will not be at a price that is higher than the prevailing share price when the prevailing share price is below the agreed strike price. e.g. if the prevailing share price is less than the agreed minimum strike price of 2.58p, there is absolutely no logical benefit to convert - outside of a fundamental belief in the long term future of the business on the part of the debt holder. Clauses that are likely to exist will be more akin to the borrower being able to force the lender to convert if the share price is at an agreed premium to the strike price (e.g. 25% - 30%) for a number of consecutive days. Of course, if you wish to share the exact debt finance agreement relating to this transaction that demonstrates your points, then I would be delighted to read it. It would clearly be one of the worst examples of debt financing any lender has ever undertaken in recent history.... The whole point of convertible debt is you notionally take a lower level of interest to potentially be a part of capital growth - it is most definitely not that you take a lower level of interest and give up senior creditor status to become a common share holder at a point in time where your capital would be eroded. Tricky subject Convertible Debt particularly when RNS are often written to appease the masses. And......please don't tell me that the RNS doesn't state that conversion doesn't have to take place....the RNS doesn't state many things that will be part of a private debt finance agreement.
michaelmouse: "It s just so disheartening to support a business that doesn't support its investors." What an absolute load of cr*p people post on bulletin boards. In what way does 7dig not support it's investors? All 7dig can do is build the business and if they do that successfully then eventually the share price will look after itself. In fact I'd avoid any business where the CEO concerns himself/herself with the share price. Particularly small companies where share prices are subject to wild fluctuations. The trading update was very encouraging and all eyes are on 2018 results now. After the placing at 4p there is always the inevitable consolidation period with the share price. However, ultimately the share price will react extremely well if 7dig do indeed turn a profit and cash positive during the year (as forecast), and negatively if they don't. Of course, if they suddenly announced a large contract with a monolith then you'd wake up to find the share price had increased 50%+ before the opening bell. You need to think long term. Where will 7dig be in 2/3 years time?
pet lover: Tidal is B2C 7Dig is B2B Look at the valuation of Tidal V 7dig. New B2B MQA Hi Res music is going to be launched this year by 7dig who will provide the licensing and streaming services. ( up to 5 are in the pipeline) This has not been factored in to the 7dig share price. In many respects 7dig has a far better business model through its partnership with MQA on the B2B side rather than B2C
7digital share price data is direct from the London Stock Exchange
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