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
  0.035 13.21% 0.30 22,001,576 16:24:48
Bid Price Offer Price High Price Low Price Open Price
0.28 0.32 0.31 0.265 0.265
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 19.91 -12.20 -2.97 4
Last Trade Time Trade Type Trade Size Trade Price Currency
16:28:37 O 776,768 0.2855 GBX

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Trade Time Trade Price Trade Size Trade Value Trade Type
2019-07-19 15:28:380.29776,7682,217.67O
2019-07-19 15:26:560.2967,948193.99O
2019-07-19 15:25:260.30635,4511,900.00O
2019-07-19 15:24:430.301,003,3443,000.00O
2019-07-19 15:22:160.293,027,2758,779.10O
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7digital (7DIG) Top Chat Posts

DateSubject
20/7/2019
09:20
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 0.27p.
7digital Group Plc has a 4 week average price of 0.13p and a 12 week average price of 0.13p.
The 1 year high share price is 5.85p while the 1 year low share price is currently 0.13p.
There are currently 1,386,670,834 shares in issue and the average daily traded volume is 23,628,918 shares. The market capitalisation of 7digital Group Plc is £4,160,012.50.
18/7/2019
10:41
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
09/5/2019
18:33
michaelmouse: FFS that's why 7dig are in trouble. They clearly don't have the funds to pay off the interest on the loan notes otherwise they would have done so:- https://uk.advfn.com/stock-market/london/7digital-7DIG/share-news/7digital-Group-PLC-Early-Redemption-of-Loan-Notes/79674692 "it has received a notice of redemption ("Notice") from a holder in respect of a tranche of the loan notes previously issued to certain investors, due to non-payment of interest." They're not paying their bills. This is a worry since they've received 5m Euros in recent months (recent sale of assets and settlement with MMS). They are clearly in desperate need of funding and they keep repeating it:- https://uk.advfn.com/stock-market/london/7digital-7DIG/share-news/7digital-Group-PLC-Update-re-Redemption-of-Loan-No/79845877 "As stated in the announcement on 11 April 2019, the Board's view remains that the Company will require material further equity and/or debt funding. It is likely that such funding will be required by the end of June 2019. Without such funding, the Company is unlikely to be able to continue as a going concern." Huge risk off total wipeout without knowing if any eventual reward could materialise.
02/5/2019
18:44
michaelmouse: post #4844 and #4845 - The RNS in October was clearly b#llocks because since the new CEO and CFO have been installed we've had John Aalbers state the following:- https://uk.advfn.com/stock-market/london/7digital-7DIG/share-news/7digital-Group-PLC-Business-Update/79655338 "The negotiations and ultimate loss of MediaMarktSaturn as a customer prior to John's arrival at the Company has diverted management attention and led to disruption within the business during the first quarter as well as having a marked effect on customer sentiment. This has slowed both adoption by new clients and payment by existing debtors." "the Board's current view is that the business will require material further equity and/or debt funding in the next quarter without which the Company would be unable to continue as a going concern. The Board will assess financing options for the Company however, it is likely that this would entail significant dilution for shareholders." Bear in mind that not long before Aalbers issued this statement, the company had recently received a 4 million Euro cash settlement. That's a pretty scary thought. The finals for 2018 must look f#cking awful. For further confirmation we have:- https://uk.advfn.com/stock-market/london/7digital-7DIG/share-news/7digital-Group-PLC-Early-Redemption-of-Loan-Notes/79674692 So the monies received today might just pay off some of the debts that are due. If gamblers are having a punt then good luck to them, they'll need it in spades!
08/1/2019
22:23
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.
13/12/2018
19:48
michaelmouse: FYI - I spoke to Simon Cole yesterday evening. In fact I'd left a message and he called me back very promptly, as he did on the previous occasion that I'd spoken to him a few months ago. Firstly, he's clearly a very busy man, but made the time to answer my questions. I very much appreciate that from a CEO. He comes across as a true gentleman and is completely committed to making a success of 7digital. I'm not going to discuss the content of my conversation since I regard such matters as confidential. It goes without saying that SC is unable to disclose anything price sensitive, but I found the conversation very helpful and appreciated the time he spent answering my questions. FWIW I continue to hold all my shares in the company and appreciate the efforts of all their staff in trying to make 7digital a success. If you're concerned with the share price decline over recent months then it's best to contact 7digital directly which may allay some of your fears. Most micro-cap share prices have been under pressure over recent times, particularly the most illiquid. I did recently write a blog post about some micro-cap shares including 7digital which some may be interested in? It's a very brief snapshot including bear and bull points. hTTp://michae1mouse.blogspot.com/2018/12/micro-cap-christmas-presents-or.html As ever always DYOR.
16/10/2018
14:34
tiger60: Absolutely running out of cash. The bank balance went from 7m to 0.7m in six months. We are literally on our last legs due to the extraordinary cost of redundancies and office closures but they are a one off cost but left us again needing monies for working capital. They mentioned in the notes section in 2017 and interims (2018) that any immediate funding requirements would come from two major shareholders - with an agreement close to be formalised. Although always there in black and white I saw it as a safety net whilst I believe SC saw it as always 'in play'. So we should hopefully hear this week that the funds are immediately available. This was my biggest worry - had something changed and were they doing the rounds looking for alternative options? I believe this is not the case and was also assured that the short term funding would not have a dilutionary impact. Although I would like someone to talk me through how the loan can be converted to shares - I presume through holdings in the capital account - rather than new shares? Need to understand the equity side of the balance sheet in order to feel comfortable with this. it looks like it is going down further but 7dig could help out here. Considering the percentage fall it would not be too much to ask. The funding RNS was a little ambiguous - was the aggregate borrowing 1m or just the initial tranche with more to come? Anyone? Obviously the biggest risk is their largest shareholder MMS but I believe they are in a good place so it is down to 'squeaky bum' time with working capital coming in and costs shooting down - in profit Nov/Dec would be nice but will it be enough to stave of a further request? Hope so. Not sure it deserves to sit at 3p but I think the disconnect between management and the market, including retail investors is too wide. Too many high level soundbites with too few new clients. One thing that got me annoyed was at the point of reintroduction after the 'financials' debacle SC tweeted that the share price was on the up. That is the only reference to the Sp that I have seen. Since that point it has gone in one direction - number of tweets about the Sp - that would be zero. Not so much he should use his own account to promote 7dig just that the share price is never mentioned, ever. The Sp is the only direct measure we have it reflects every aspect of the business, management, performance. percieved performance, the market etc and yet over 4 years it has gone one way. So why are the latest share options time based rather than share price based - well maybe looking at the company's history we get the answer. Win Win for some. I am banking on this recovering although it has given me years of grief. I believe in the actual concept of the size of the market, barriers to entry and love the margins. The execution has been painful but I am backing my believes even though I would of chosen a different path.
12/10/2018
16:56
michaelmouse: To point out the totally bleedin obvious, the share price performance of 7digital has been f"cking awful so far. Indeed things have progressed far more slowly than anticipated. However, as a LTBH investor I'm hopeful that 2019 should be an exceptional year for 7digital and if it is then the share price will motor ahead. In two, three...ten years time if the share price is 10p, 20p, 50p......£3 then I'll be a very happy investor. If they fail then the share price will tank! :) Simples!!
08/10/2018
09:28
michaelmouse: With a long term view on micro-caps a couple of pence movement in the share price either way is neither here nor there. If 7digital's figures confirm cost savings, profitability and cashflow positive then it's full steam ahead. The share price will appreciate very rapidly, otherwise the share price ticks down whilst traders move elsewhere. LTBH has always worked for me with micro-caps because of their illiquidity. You need to think 3-5 years ahead and imagine where the company will be. Volumes traded this morning are next to nothing! There is always the huge contract win as well which would see the share price move very substantially before the market even opens. Each to their own though, and if you don't like 7digital then don't buy the shares or sell up. Aimho, DYOR.
15/2/2018
13:04
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?
31/1/2017
07:36
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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