Member Info for countingcards

All I find is the following:

3rd September 2020

The Directors expect to announce a platform/licensing contract with in-home cycling providers and have a pipeline of potential ADDITIONAL HIGH-PROFILE GLOBAL COMPANIES.

3rd September 2020

The proceeds not only secure the future of 7digital but also set the business up for a sustained period of growth, building on OUR LEADING GLOBAL POSITION in the expanding market of B2B music streaming."

My grammar this morning is bad! Apologies.

Patience is needed but I cannot see this being less than double what is now by the end of the year now that it’s a given the company is entered or is entering profit. That's the minimum requirement.

Maidit308 good post.

The sellers we have seen could be they are anticipating a fall and want to add back on the drop. OK but if the market is already aware that the results are technically a legacy now it’s now what we have going forward. The guys have as you pointed out last made £7m worth of savings. That is a one off not to be repeated event. Then they added £6m this year on the placing, plus I would guess the £500k loan has been paid back.

The price movement from sub 1p to where it is now has been great but there is always one which you find on AIM which has potential to go even further and 7dig fits those criteria nicely. £70m odd Market cap is not small and on any other exchange it would have institutional interest, which it did recently from the placing. It was either them or an interested party.

Patience is needed but I cannot see this being at minimum double what is now by the end of the year now that it’s a given the company is entered or is entering profit. There is no turning back from that. It’s the hint we get for the forwarding look period which will finally get the disbelievers and those on the fence interested.

Here is a result for today. Price is currently 1.85-2.10p. Given that price, someone decides that even with the rise this morning, even with evidence the offer has been pushed out to prevent frequent buying , I need to sell 400000!! and even then below the bid! The conclusion? we have a forced seller. This could have been the same seller who has been keeping up down.

Its only a theory that the MM have been forced to drop and widen the spread to get rid of this seller. Could be a legacy holder who has no interest in 7dig's future other than to work percentage profit from sub 1p. Once done we rerate back at least into the 3p range. I was so sure last week we would be back at 2.6p to cover the last gap.

Lets do a quick background check maidit308:
Price was around 3.2p when the placing was announced
Price drops to around 2.5p as we entered placing period
Placing was 2.25p and snapped in one single hour after morning session began.

Logical thinking would prevail that if a placing was taken at such speed then it makes sense that it was oversubscribed. Yeah right! Whats the proof? Well wanted £5m actually took £6m!
and your reasoning? It was offered.

So now why the drop constantly back into this region? Almost 0.5p below the placing which has spiked those buyers, and nearly 50% from the point of when the placing was announced. Some will argue that 7dig had come a long way and needed to cool. That is not a reasonable argument as we could argue we would still be above 3p had it not been for the placing.

The most logical reasoning and argument is that there is still more demand but not enough stock out there. So why not take the price down and shake a few out to meet the demand that’s there. If it is correct then we should be back above 3p in a short space of time. If not? Then 7dig is another cash generating machine for the NOMAD to garner close associates on AIM.

Foxy feel like you are losing your touch? I would have thought you would try for 1.7p or less, but a shave off 2p at 1.9p? You think that was enough to tell the world? Mate you need to be more brave! LOL

https://www.theguardian.com/business/2020/jul/30/sky-sees-575m-fall-in-revenue-as-sport-is-hit-by-covid-19-lockdown#:~:text=Sky%2C%20which%20is%20owned%20by,fixtures%2C%20subscriber%20viewing%20and%20advertising.

Sky sees £575m fall in revenue as sport is hit by Covid-19 lockdown

Broadcaster reports 15% year-on-year drop as more than 200,000 customers switch offSky, which is owned by US pay-TV giant Comcast, reported a 15.5% year on year fall in revenues from $4.8bn to $4bn in the period as coronavirus impacted sports fixtures, subscriber viewing and advertising.

The playing field youbigdosser is about to change and those who are giants and squeezed subscribers for years will be need to really begin thinking quick, because there are new players on the block all happy to stream per view.

SmokieUK
"so technically might be able to deliver all kinds of media not just music."
and I wrote:
"Not just that but we now have a new line adding........"

We are now thinking of further possibles down the line. How far 7dig has come of age will be hopefully reinforced at the Webinar.

Spaghetti thanks for the explanation.

Rob I can see now what benefit there is from your reply thanks. Its like Triller is a Restaurant. They serve their signature dish which is steak. We have nothing to do with steak. However we supply Ice Cream to Triller Restaurant, the best in the town and different flavours. We are not interested in the sale of steaks. We are however wise enough to know that the more customers that pass through Restaurant Triller the more opportunity we see for them to order Ice Cream. The more Ice Cream bought the more likely we grow and more likely our Contract gets improved to the extent that we can either become exclusive, or we dictate our terms because we now have restaurant X, Y and Z now knocking at our door. Not just that but we now have a new line adding........

So much talk on Triller, can someone explain to me do we get paid for the Tyson V Jones Fight? NIKE videos? Idris Alba? or even someone reciting poetry? Or do we actually ONLY get paid for the music content to any videos that uses from our library? The latter is what I thought, but it seems the intelligent clued up among us would not be bringing up the former over and over unless we actually get paid for the Tyson V Jones fight as an example.

Can you clear up the bigger Triller get, we get financially more secured on THEIR growth, OR we grow the more the music library we own gets used. Then there is the question of whether we have a fixed agreement with them or that the agreement open to flexibility based on growth. I will go back and watch the videos available from 7dig and also read previous RNS.

I just wanted to put this to bed as I am beginning to doubt my own research!

Until then the NOMAD controls the house activity and if the price were to get away they will haul it in with a speeding ticket. Why? well look at the size of some of the buys since Friday and not even a 1m buy can get the price to move right now. Why? because it is clearer by the day they do not want retail nominee investors, but are here for the longer term accumulator. My guess is the free float is getting less by the day and with current thinking we are already in profit regardless of what gets announced in the next results, there will be a rerate. So for now we have to endure this, but its a great opportunity to add if you are able to. I am scraping what I can with spare change at the moment.

Closed bang on the previous placing of 2.25p. At the least without any tiktok impact etc, this will safely now get back into the 2.65-2.75p region next week, which was the gap created between 2-3 september 2020, the day of the placing announcement. So yes very little downside plenty to the upper side.

Just a little more intraday book house cleaning exercise going on, and getting this orderly trend resume upwards. Little patience, nearly there.

Travelcrypto see my post at 14.07hrs.

This will cool for the next hour to catch breath and technically and intraday overbought very quickly, BUT a close, closer to the high of the day cannot be ruled out here, as it certainly MM accumulating to sell on.

So £129,400 bought in three trades of:
2500000 @1.9 (12.31hrs)
2200000@1.95 (12.01hrs)
2000000@1.95 (11.56hrs)

Accumulation for sure.

something leaked? You dont get that kind of rise is such a small time window.

Rnorth
Thank you for sharing. The estimates of return (although still not guaranteed) is 2-3 weeks. If we go with the latest of that, then it means (I am taking today's date as your received email confirmation), we will be told around the 7th October 2020, which will be exactly to the date when we were originally suspended. It really does not matter now for me when this comes back as it has dearly cost me other targets anyway. The aim was to spread the risk from BOU but that is not now on the agenda.

Given that we do not know for sure a date on return, what price of the return, what target we are after, what exactly are we doing, its safe to say had the money been employed elsewhere, I have let an 18 bagger pass by, a 5 bag and a consolidation pass by, a share demerger (one free share) pass by, going to let another currently suspended stock pending another RTO and not being able to add before it bags. That is a very expensive price to have paid to be holding onto BOU, so even if it came back and 50 bagged it would only now be a consolation, although welcomed (I doubt it will even manage suspension price perosnally). There is nothing other than a promise right now and no reasons why anyone has to hold onto this on return, given the little information (if in our lifetime). If this stock is anything to go by, it has kicked us in the teeth once too often over the year so I expect another one on return. Others may have a different view based on their circumstances and I respect that.

TRA1 doing well mate. I managed to catch a couple of squirrels last night so dinner for the next few days is sorted.

Can you put me on your filter as well mate as an update should be with us this month so it avoids you having to hear it from me from time to time. thanks. Waiting patiently like many.

Travelcrypto I have written off my 3 buys at 3.36p, 3.16p and 2.16p for now and still hold regardless. With patience they will come good over the next couple of years, if not earlier, and if it keeps dropping and all factors remain the same any future buys (which I hope) will be bargains.

GGP is a case in point. Over two years ago they reported Gold finds of amazing proportions. I had them at 2p and sold out at a loss to chase a trade to come back in again. Trade went down and GGP suddenly became a little more expensive. A friend kept in my ear that GGP is a waste of space anyway , and being on AIM they will fleece and run. Roll on two years GGP has hit 24p this morning with market cap close to £1bn.

Nothing we say today makes a jot of difference. What will happen in the next few months, year, two years is what matters, and if they plant a bargain in front of us and if experience (as above shows) is anything to go by then by the will of God, it will pay back similar with patience by sticking with it. Guessing this or that makes no difference to the price.