RE: Has this company really turned the corner?22 Oct 2020 12:14
Objectively looking at 7Dig, one needs to ask themselves if the following substantiates hold in this company:
- will the exercise from home gig pro vale; will Apex gran market share, what revenue will that generate and over what period, and is that the only player in town for 7Dig?
- live music gigs; has the potential to be massive - can anyone point to any marketing/advertising of such events (incl ticket sales, or attracting artists) whereby 7Dig benefit? Are Mandolin, Twitch and others doing a better job here? are 7Dig (or the perform artists marketing team) going out to the major ticket providers and there mass databases to market?
- Triller / TikTok - has it all gone quiet on TikTok now that larger topics are at play in the U.S. such as stimulus package, presidential elections? Where does Biden sit on TikTok and China threat... to be seen (but we likely know not as combative as Trump)
- Triller - potential SPAC / listing; will it help? How is there market share / growth progressing?
- Secret company'X' - its massive but we can't tell you; how much do we really believe this, and could the company provide indication when it is likely to say who and when potential revenues from 'secret company x' will flow?
Many posters here seem to be expected the continued success story and easy money flow.
Unless we believe there is a home run here there are better places to be invested in my view. For disclosure I am invested at around 1.5
Interested for informed views on the above.
GLTAH