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I'm thinking that to be EBITDA positive this year which is what they have said in thier last reports then they need about 9 million in Revenue, so I think end of year's results will reflect that, they might even get to 11 million by year end which could give us a stable SP around 2.5, please take this with the grain of salt as intended and make up you own mind. Cheers
Thanks reply guys. Was in previously but got out in profit (just).
It was going so well at one point, with Global Company hovering in background.
Proposed Tic Toc ban and the like. Big names switching over platforms.
Trust issues still exist as NDAs seem to prevent the full story being told, especially around contract revenue. Surely Paul can see the damage to SP caused by this ?
I'll watch closely and see if any signs of a leak (either way) building up to next friday.
Its one of those shares I always hoped would do well as I'm a big music fan, especially of live performances. I'm sure I'm not alone.
Cneers.
Spot.
Not much to say to be honest, was just going to let the results do the talking next week. If your gonna put 5k in you must be feeling pretty positive about the company. I've been topping up on the lows, I do think this business has now turned around and is working its way to profitability, not sure on the timescale though. You wanna take a stab at the SP in two weeks time, just to relieve the boredom.
Do agree thou Spotify, feels like I've been in the ring with tyson in his prime, with this share, the last rns, I thought was going to be the turning point for 7digital, but all it did was drop from 1.35 to 0.70, not what I was expecting, especially when they gave 10 million shares away to charity for nothing , could of been more if memory serves me right...if I remember every rns , I got all excited and the price dropped, this a dvrg, just treated like dog poop...I've lost alot the last year due to 7digital talking ****e about global leader then not saying whom they are, so instead of selling I sat and sat like an old dog waiting to be shot...
There's more life in a prison blanket than on this board!I
A week or so from results with possibility of significant revenue increase and potential double of the current sp and yet no-one has anything to add.
I'm 50/50 atm as to whether to chuck 5K in before results but seems I'm investing in a morgue! Has this share battered you all so much that no-one cares or believes anymore? Not having a dig, just can't believe how quiet everyone is.
I'll probably do it anyway.
Cheers.
God knows Kettle,
Most are predicting 29th or 30th as that's been the case in the past!
Anyone now when the company's results are due.