Member Info for -Rob-

The folks at 7Dig must have had a good lunch today. Moved up 36% in the last hour. Hopefully a big RNS coming in the morning.

Major, sharing research is fine but you're not posing different research each time. No one can find new bits of research on a company 50 times a day. It's OK not to post. This company will perform no better or worse if you don't post in here. I am a holder and I've done my research before each top up. I see a bright future for this company and for the product. I have confidence of a good profit somewhere down the line but I don't feel the need to post about it 50 times a day when I have nothing new to say like yourself.

Major, If you've bought in to this because of genuine research and feel like it is a share that will bring you profits, why do you feel the need to post on here 50 times a day about the same thing over and over again. It's great to see a busy board but having the same person spouting the same tripe every few minutes just gets boring. Just buy your shares and sit back and wait to sell at the right time like the rest of us do. When there is genuine news to talk about there will be an RNS and we can debate the outcome. Until then, chill out a bit and stop wearing out your keyboard.

Hilarious

This coment proves that a forum like this is for entertainment value only and certainly not for financial advice.

Your guess is as good as anyone else's.

DYOR

308, if there is one thing I've learnt about 7Digital is that news comes slowly. The only big announcements to come this year will be the half year results (probably 3 months late), potential turning of a profit (Unlikely to be announced this year), and any new contracts (which will come with no financials). So basically, don't expect a significant rise in SP in 2020.

I have 10 times as many shares at a 3p average and I have little confidence that I'll get back to break even point within the next year or 2 although achieving profitability should get us pretty close. If we are lucky enough to ever get back to 9p again then those that have bought in more recently are going to make an awful lot of money if they hold long enough. There is certainly money to be made if the profitibility corner can be turned.

Viveka, I'm in this for the long game. I have faith in the technology and hope that things will come good. Happy to wait several years for the good times if that's what it takes.

I doubled my holding on Monday at 28p which is a sure fire sign that this will be dropping further over the next few days and weeks.

Although this isn't any kind of ground breaking news, I still see it as a positive. Many companies won't survive the lockdown so to be told that a cash positive position is still expected in 2020 due to new contracts and cost savings is a good thing to hear. In current conditions, few companies are going to be releasing genuine good news so this is going to be as good as it gets for now.

What heppens to all of us smaller share holders if the company is sold off? Would the entire company be sold and we'd be forced to sell shares at a set price or would we retain our holdings with just the larger majority holders selling off to a new owner?
I only have a fairly small holding in this so I'd be very happy if I could just get out at break even point which is about 80p.

Down over 30% on opening over in the US. The entire US stockmarket is down so MTPH are just following the trend.

The only RNS that are going to have an actual positive reaction will be contract wins with any real detail behind them or confirmation of profitability. Neither will be coming until Q3 so until then, the SP will remain fairly stagnant.

TAMWBG, you may potentially have come in at the right time but the reality is that only time will tell. 7Digital have been through a tough few years and the SP has reflected that. But things are potentially looking brighter for the future. IF the company can meet it's potential then who knows where the SP can go. Personally I'd be cautious about it. Certainly don't expect huge profits over a short period of time. Set yourself a reasonable target then you can reassess if/when that target is met.

George, do you actually understand that after this consolidation share holders are in exactly the same position as we were before it.
20 shares at 2.5p each = 45p has gone to 1 share at 45p each = 45p. Either way you have 45p.

I can imagine a few people getting very excited this morning when they see the share price before they realise they have 20x fewer shares to sell.

With Coronavirus causing a worldwide financial collapse and 7Digital following the rest of the markets with steep declines at the moment, it could be wise to top up some time between now and whenever the year end financials are released or before profitability is hopefully confirmed at the end of Q2. Once 7Dig finally shows profits, this will only go in one direction. I can see this dropping lower, maybe even back to around 0.2p which is when I'll jump in.

If your typing is anything to go by, it looks like you'll just press any random button to see what it does.
Maybe take a little more care in future.

NASDAQ have a $1 minimum share price for companies to be listed. At the moment the US side of Midatech have a share price of $0.62. If for example they have 1,000,000* shares the company is worth $620,000 but they are in danger of getting kicked off the NASDAQ with a SP below $1. But if they are to compress the shares by 20, they'd only have 50,000 shares but they would be worth $12.40 each and retain the same overall valuation of $620,000 while allowing them to remain on the NASDAQ.
* NOTE - The 1,000,000 is a fictional number as I didn't look up how many shares there are.