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#AST: Board changes and new strategy for Ascent as Hutchinson looks at new projects
EXCLUSIVE: Petro Matad announce fully funded 4 well Mongolia campaign


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Member Since: Sun, 11th Dec 2016

Number of Share Chat Posts (all time): 1,155
Number of Share Chat Posts (last 30 days): 95

Last Posted: Today 11:49


Post Distribution over the last 30 days




Today 11:49

https://www.thetimes.co.uk/edition/ireland/shannon-gas-developer-new-fortress-eyes-flotation-9323dljxr

Shannon gas developer New Fortress eyes flotation
Brian Carey
January 20 2019, 12:01am, The Sunday Times

New Fortress Energy, an American company seeking to develop a liquefied natural gas terminal and power plant in Co Kerry, is planning to raise $400m (€352m) in a stock market flotation.

New Fortress last year entered into an agreement to buy Shannon LNG, a project company that owns the rights to develop and operate a liquefied natural gas terminal plus a combined heat and power plant on the Shannon estuary near Ballylongford.

New Fortress was co-founded by Wes Edens, founder of private equity company Fortress Investment and co-owner of Aston Villa Football Club. Edens will retain a majority stake following the flotation.

The proposed Shannon terminal will include a storage facility with onshore regasification equipment and pipeline connection into the distribution system of Gas Networks.
Today 11:40

https://www.theguardian.com/commentisfree/2019/jan/20/observer-view-hitachi-fiasco-confirms-energy-policy-in-ruins

The Observer view: the Hitachi fiasco confirms that our energy policy now lies in ruins
Ministers must act quickly to make up for the firm’s decision to axe its Wylfa nuclear power plant
Observer editorial

Sun 20 Jan 2019 06.00 GMT

By any standards, last week’s decision by Hitachi to end construction of its £20bn nuclear power plant at Wylfa in Wales was a major blow to Britain’s prospects of creating an effective energy policy for the 21st century. The move follows a withdrawal by Toshiba from the construction of a similar project in Cumbria last year and leaves Britain struggling to find ways to generate electricity for a low-carbon future.

Together, these nuclear plants would have generated 15% of Britain’s electricity – without emitting carbon dioxide. Now the government faces serious questions about how its electricity pricing policies scuppered these two key pieces of UK infrastructure. More importantly, the nation needs to know, very quickly, how ministers intend to make up for this lost capacity. Given the tepid nature of previous plans and continual changes made to energy policies, success is not guaranteed.
Sat 19:08

https://www.larnetimes.co.uk/news/business/east-antrim-suppliers-vital-to-discussions-on-energy-strategy-for-northern-ireland-1-8772551/amp

East Antrim suppliers ‘vital to discussions on energy strategy for Northern Ireland’
Published: 17:20
Wednesday 16 January 2019
The future of East Antrim’s power stations is to be raised with the Utility Regulator later this month.

Plans for the discussions were revealed as Mid and East Antrim Borough Council called for local energy suppliers to be placed at the heart of a long-term energy strategy for Northern Ireland.
Fri 13:28

Yep I think it's nailed on for contract news sometime next week given that the CES event is now finished. Looking back through the RNS's a few of the contract awards have landed first thing Mon morning
Thu 23:12

"Both our timing and positioning in the buoyant streamed music market couldn't have been better, as demonstrated by these excellent half-year results showing revenues up 52% to £9.3m. With expected annual cost savings of circa £5m following the consolidation of the two businesses acquired last year, our target to realise operating profit and positive cash flow is highly achievable. We are excited about the future given the increasing interest from key international, cross-industry blue-chips and look forward to maintaining the current sales momentum."

In a nutshell tax bill now sorted, annual cost savings have turned out better than expected at £6.2M, and a number of contracts awarded the details of which could turn out to be very interesting which imo tells me 7DIG are now generating profit. Given the above and where the SP currently is the potential upside here is huge. With massive cost savings made and continued increase in revenues 2019 is looking to be the year for a huge correction in the SP as sentiment returns. With all this in mind the issue with discussions on the future of the Juke music service i.e will the service continue or a termination fee be issued to 7DIG really will not matter given the massive increase in revenues elsewhere.
Thu 19:10

Announcement of contract wins anyday imo - just a thought but surely if these US based technology platforms, major record labels and broadcasters had any concerns regarding the current position of the company and it's ability to deliver on the contracts then it would be logical that they wouldn't have been awarded in the first place?
Wed 19:36

7digital
@7digital
·
2h
7digital's
@petedownton71
will be at the sold-out
@NYLONConnect
event next week in London: 22nd Jan, 4pm. He'll be exploring 'Music & the Rise of the #SuperAggregator' and discussing what music can learn from other sectors like #TV, #gaming and #esports! (link: http://nylonconnect.com/) nylonconnect.com
Tue 20:12

https://www.bbc.co.uk/news/uk-politics-46885828

Prime Minister Theresa May's Brexit deal has been rejected by 230 votes - the largest defeat for a sitting government in history.

MPs voted by 432 votes to 202 to reject the deal, which sets out the terms of Britain's exit from the EU on 29 March.

Labour leader Jeremy Corbyn has now tabled a vote of no confidence in the government, which could trigger a general election.

Mrs May said she would make time for a debate on the motion on Wednesday.
Tue 18:16

That £226k trade was definitely a sell looking at the other trades just before and after it but a great day nonetheless...
Tue 18:11

Interesting that they are now saying "invest more in gas storage to increase energy security LOL (from page 24)

https://data.oireachtas.ie/ie/oireachtas/libraryResearch/2019/2019-01-02_ireland-s-energy-transition-challenges-and-opportunities_en.pdf

Enhancing energy security
As energy security relates to the affordability, acceptability and availability of energy supplies,
there are various ways of enhancing it. These could include diversification of the fuel mix and
diversity in our energy supply sources, i.e.
? Ireland’s sources of energy59;
? Continued development of indigenous sources of renewable energy;
? Promotion of energy efficiency;
? Improving existing infrastructure such as increasing access to and number of storage
facilities for gas;
? Upgrading the electricity network; using local sources of gas to enhance Ireland’s energy
security60; and
? Bord na Móna’s transition to renewables from peat.61
Commentators have proposed measures to counter any negative effects of Brexit on energy
security including:
? Progress the North-South Interconnector to further bolster security of supply and reduce
cost to the consumer, as well as exploring other interconnection options with a view to
developing them if and when appropriate (Engineers Ireland);
? Continue to diversify Ireland’s electricity fuel generation mix and expand the renewables
base (Engineers Ireland);
? Oil could potentially be imported from alternative sources, although this would come at
increased cost (the All-Island Brexit Civic Dialogue on Energy); and
? Invest more in gas storage to increase gas security and importing Liquefied Natural Gas
(LNG) to diversify supply (ESRI).
Tue 17:36

Relevant for 7DIG given the number of contracts they have in the US already and further potential contracts over there that could be announced in the coming days

https://www.rollingstone.com/music/music-news/americas-music-spending-is-expected-to-rise-again-this-year-776865

U.S. consumers’ spending on audio entertainment is expected to rise significantly this year off of record spending in 2018. On-demand music services are expected to bring in 22 percent more revenue in 2019, rising to $7.7 billion

America’s consumer tech industry overall is expected to reach a record $398 billion in retail revenue

“Thanks to the number of devices that have digital assistance now, pretty much any device out there now is a streaming device,” Richard Kowalski, CTA’s senior manager of industry and business intelligence, tells Rolling Stone. “If it’s a smart speaker or smart TV, it can stream music. That definitely drives growth in music streaming. As a whole, these new devices have revived audio and made it something accessible. It started with radio manufacturers — now, devices have gained ‘smartness’ and high quality.” Retail companies are betting on a feedback loop whereby the more people sign onto streaming, the more people will be interested in devices, too.
Tue 07:03

RNS Number : 0670N
7digital Group PLC
15 January 2019

15 January 2019

7digital Group plc
("7digital" or the "Company")

Update on Petition

Further to the Company's update announcement dated 4 January 2019 (the "Update Announcement"), 7digital Group plc (AIM: 7DIG) is pleased to announce that it has made payment in full of the amount due from its subsidiary 7digital Trading to HMRC. Confirmation that the Petition has been duly dismissed will follow, by way of a further RNS.
Mon 17:43

And another 15K buy from 16:25 showing as a sell just popped up. Def a buy looking at the other 2 trades just before it....hmmm someone's accumulating here
Mon 17:08

Wow another fab day am glad to be holding so many of these beauties!! :))))))
Mon 17:07

Nice 15K delayed buy just shown up from 15:50....
Mon 13:18

itisagame - I would certainly agree with that theory here. The whole thing could just turn out to be a storm in a tea cup
Mon 11:55

"Pursuant to the notice dated 10/12/18"

So this must be very recent as it relates to the notice initially issued on 10th Dec
Mon 11:43

Looks like it......it states

Striking off action discontinued

7 Digital Trading Ltd

Cause has been shown why the above company should not be struck off the register and accordingly the registrar is taking no further action under sec 1000 of the Companies act 2006 pursuant to the notice dated 10/12/18.
Mon 11:00

I think if a large holder was looking to offload they'd be selling far greater amounts like several million at a time fwiw
Mon 10:48

Looks like another nice 1M buy just moved up the bid :)


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