The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
This share will continue to rollercoaster in the coming days and weeks so dipping below 2p is certainly possible but so is going back over 4p. There could be big swings from fairly minor news.
10p is possible but it's going to take some more BIG news to be able to get there. News of profitability will help, as will confirmation of the revenue from Triller and a couple more contract wins.
Those that bought in at the lows could see some massive profits if they haven't already sold out. I've been holding a loss since I first bought in over 3 years ago but finally seeing a paper profit this week. I've set an upper limit sell at 10p but may be tempted to sell earlier if big news comes without the big SP rises.
After sitting on a potential loss far higher than 30% I guess you could see it as lucky to only take a 30% hit but surely after being in this one for so long it could have been worth waiting a few more weeks or months to truely realise the potential of this company and make yourself a profit.
I've been in this one for just over 3 years. I first bought at 7p so I know the pains of sitting on a loss but I'm willing to wait. I know the potential and I want the gains from it. I won't be selling until this reaches 10 which will give me over 300% profit after averaging down several times over the years.
Just a few weeks ago this share was at 0.2p and totally stangant. After a couple of good announcements from the company we've seen an intra-day high of 4.3p but without sustained good news there are going to be drops along the way. We know there is more news on the horizon so there's no need for any panic over this afternoon's drop. The initial thrill of Triller has passed, now the reality sets in and we wait for financials to back up the news. The end of year 2019 and mid year 2020 results are coming in September. If we're lucky it might include some details of Triller. Either way, financial results, if positive, will give this another big boost.
Silverback, 10p will come but not this week. I'll be happy with a 5p close this week and 10p by the end of Sept.
By the time you get to see the numbers, you'll have lost a lot of potential profit you could get by buying in now. It's possible the SP could drop a little from the current price but I suspect there's a general upward trend from now on.
Do your own research, set your own goals.
Shares can go down as well as up. I first bought in to 7digital in 2017 when huge things were predicted but its taken until now for them to materialise. The future is never certain.
Personally I'm hoping for 10p by year end but that could be blind faith rather than any kind of expert knowledge.
Yolo, we haven't seen the 2019 results yet. They'll be out next month.
Confirmation today that the H1 results are to be announced in September hopefully with the news that the company has moved in to profitability. If they did actually achieve profitability before the Triller contract then they are certainly in a great place and will only grow from here. Onwards and upwards to double figures by year end.
Anyone that bought in while this had several months around the 0.2p mark would have every right to sell now for a 1500% profit. Of course we all expect this to go even higher but why take the risk when there are profits like that guaranteed.
Personally I'm in this for at least a few more months yet to really see the potential that Triller and profitability brings.
"without news"? I'm guessing you haven't done your research to see that there has been massive news last week.
I thought we might have creeped up to 2p over the course of this week but to hit it by 9am on Monday means this link with Triller is seen as massive. There will be drops along the way but the corner might finally be turned. Up and up.
to all that bought in low over the last few months. Your time has come. Now we'll see how much you can hold your nerve to sell at the highest possible price. I think we all know this still has legs to go much higher on further news.
WTF, what makes you think any comments on this board can affect the SP in any significant way? This is a board for speculation, mainly from investors with no clue as to the facts.
The facts come from the RNS.
This morning's rise is just one of those things that happens. We could have another 100 posts in here this morning and the SP might not move again.
I hope people aren't buying or selling based on info they read in here without DYOR.
If anyone feels like an argument on here will have any effect on the share price then they are nutters and should definitely be ignored.
Cityal, I'm not sure what you mean about a change in sentiment. Both posts relate to profitability in H2 2020 resulting in a considerable rise in SP. The second post just elaborates on the potential delayed timing of the news. Fingers crossed that profitability actually happens then we can see for ourselves what happens to the SP.
7Digital have traditionally been extremely slow to issue financial results. The end of year results for 2019 took over 6 months to announce so even if profitability is actually achieved in the second half of 2020, it won't be reflected in the financials until the end of the year and we might not see an announcement of those results until Q2 2021. In the mean time we're left to wait and wonder and unless there are any meaningful contract wins in that time that get announced with some financial detail then the share price will only drop further or at the very least stay stagnant.
I'll be tempted to top up again if this drops back down to 0.25p again but I wouldn't be surprised if it goes even lower. However, 6 to 12 months after the confirmation of profitability I'd expect this share to be 10-20 times higher than that.
It's still not too late to top up. If the new board are to be believed, 7Digital are still heading towards profitability in the second half of 2020. Once that target is reached and confirmed in an RNS then the share price will only increase. It could easily go 200% in a day when they finally confirm it.
I reported a lot of his posts and I think a few others did too. He definitely wasn't an insider, probably a bored teen excited about his first £100 investment.
Spinnaker, I'd love to be able to say just ignore him and he'll go away but it looks like he's not going anywhere. If he doesn't even read his own posts then why should we? What I've yet to work out is what MB hopes to achieve by his regular posts. Nothing he says or does is going to affect the share price. Nothing he says is going to help him make any bigger profits or reduce his losses. It looks like he's just after an ego boost so that when this share does finally reach it's potential he can say 'i told you so'. The reality is that he hasn't really told us anything. He predicted 40p for today but we're currently sitting on 31p. One day he'll be right and we'll hit 100p+ but it won't be because of his 'research' or his 'informative' posts. It'll be because of the potential of the company, their assets and their portfolio of drugs.