Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
308, If you were going to correct your post, profitability will be H2 not Q2.
I'm working on the assumption that TikTok will find a viable solution to continue in the US so Triller will have to find a way to grow while still having TikTok there as a much larger competitor. Even with that outlook, I still see huge growth for Triller and huge growth for 7Digital as they grow their client list and continue on the road to being the market leader in B2B in their field.
With the realease of the financials and the webinar this week and confirmation of a very bright future, I'm hoping that today's push back over 2p will see the start of a consistent upward trend and we've seen the last of the sub-2p SP.
Mickey, it's simple maths to work out if you have the numbers but what we don't know is how much 7Digital get paid per trackage useage. It will be tiny amounts per use but multiply by millions per month and it could become a very sizeable revenue stream.
I can see this reaching 10p once we see consistent profit being made month on month but growth from there will really depend of the growth of Triller, Apex, the unknown global tech and any new clients.
Getting up to 20p in the next 12 months is probably over optimistic at the moment.
Forget Tiktok, it's not relevant on this board.
I don't think Chisler understands what a non-disclosure agreement is. Paul can't reveal who the global tech company is because his hands are tied. By the sounds of it he'd love to shout it from the rooftops. The body language I saw was a man proud of his achievements but can't tell you exactly what he's achieved. It must be a tough position to be in but overall, the future looks good. I wish I could afford to top up while the price is so low.
Just listening to the webinar and the only new information I've heard is the monthly revenue gained from Triller & Apex both being in the 10s of thousands. Obviously we don't know what the per track usage payments are but obviously these will grow in the future as Triller & Apex grow.
Overall a very good webinar, I like Paul a lot, he's a huge improvement over Simon who ruined the company. Every credit to Paul & the new board for turning things around. I see a very bright future.
"The online event will include a presentation from the Company's CEO Paul Langworthy, followed by a question and answer session. ****There will be no new material or trading information provided on the day.**** Shortly following the event, a slide pack and video recording will be sent to all participants."
Mickey, sorry to negative but Paul isn't going to tell you about the Triller income just because you ask. He has very clearly stated that there will be no new information revealed during the webinar so you can ask questions but the answers will only contain info you may already potentially know.
Feel free to ask questions but don't expect price sensitive answers.
Itye, the point of the webinar is for Paul to discuss the company, discuss the financials that were released this morning, discuss the new contracts that have been signed recently, discuss the future direction of the company. Questions will be asked and answered but it will all be within the remit of information that's already been released. Not everyone reads all the RNS or the accounts so it'll be an easier way of hearing about the company while also getting to know Paul a little more.
Mornington, Paul has already said there will be absolutely no new information provided in the webinar so no, questions will not be answered.
Now that we've had a good detailed update, this BB and its posters should hopefully calm down a bit now and stop with the 'this is going to fly' types of posts. 7Digital growth is progressing nicely but it's going to take a while to show the full benefit of everything the new BoD have done over the last few months. This is definitely a long term hold.
Far from a blue day now. Dropped over 8%.
Very surprised connsidering the positive interim results for H1 2020.
We could be waiting another 12 months before we see the final 2020 results that confirm profitiability.
Up just 1% on open but at least it's up
According to the interim results, 7digital are still on track to reach profitability on H2 2020 but it hasn't been reached yet.
The wait continues......
The RNS on 24th August said "Further details will be provided at the time of Full Year Results" but it certainly didn't promise profotability or the revealing of the global tech. The 'further details' it refers to will be the financials from those 18 months. What I'm hoping for but what hasn't been promised is information about what has happened since mid-year.
We'd all love to hear the company is now turning a profit, we'd love to see the financials of the new contracts that have been signed and we'd love to hear who the global tech is but we might not get any of that today.
Mark, 7digital haven't promised any of that.
MRRR, if you've done absolutely any research on 7digital at all then you'd also be 100% certain of a loss in 2019. The company has been loss making from day one and has promised reaching a profit on several occasions but it turned out Simon Cole was a lying con man. Luckily he's gone now and the new BoD seem to have something about them so hopefully 2020 will finally bring the holy grail.
2019 results certainly won't show a break even position but the first half of 2020 should be an improved position that's heading in the right direction. I'm just hoping for a very positive mention of when profitability has been or will be achieved.