Member Info for funds4future

So all those that have been 100% confident of a sale concluding with a huge premium over the current SP, are we seeing the biggest deramper/bed wetter/green box type of all today. How dare he.

Surely an advisor to the board would know exactly what the latest situation is with the sale of the company so any sale of shares must be based on insider information. If he knows the sale is progressing, why would he sell now? If he knows a sale is falling through, how would he be allowed to sell now?
Or, is he not close enough to know anything?

It's possible they've also gone in to suspension because they've run out of tea bags in the brew room and they didn't want to miss anything while they popped out to get some more. Hopefully normal services will be resumed soon and more tea shall be drank.

Today's RNS is merely a stepping stone that gets us closer to the FSP being announced. I don't know enough about the process to know if there are any other stepping stones still to go but knowing we're one step closer today is good enough for me.
Can't be too much longer now.

"that's all I'm saying"..... I wish it was but I'm sure you'll be back tomorrow with more cut & paste crap that won't change the price of fish (or an Russian mines).

Any predictions over £2 are wishful thinking. Anything over £3 is ridiculous fantasyland. £12.75 is just deliberately trying to wind people up.

Unfortunately wishful thinking won't make it happen. It'll come when it comes.

For me today's RNS has told me 2 things
1) With multiple bidders, if they do choose to go for a full sale of the company it will be at a decent price so I have more confidence in it being at least 150p.
2) We shouldn't expect the sale to be completed any time soon. I expect it will take at least another few weeks if not a few months.
Frustrating but we just need to continue to wait and hold.

They can't predict the future so they won't necessariy have know about the increasing values in advance. If they take another 6 months from now the prices could drop just as easily.

I doubt the time taken is any kind of deliberate act. I suspect it is just a very complicated process that they are looking to get right to do the best by the company and its investors.

Personally I think this RNS is evidence that we probably have several months left to wait. I doubt we would have had this update today if we were close to the end. It's a positive update but definitely a holding response.

It's refreshing to see Nanny MacPhee admitting he adds nothing to the forum other than a meaningless cut and paste to annoy others. Clearly a man with too much time on his hands.

TS you're right that 7Digital is now a profitable business but the reality is that when profitablity was announced, the share price didn't rise so for this to increase there needs to be much bigger news than just making money. I honestly don't see a big rise coming until the mid-year interim results show exactly what level of profit is being made and we're not getting that news until probably August or September.

I only have a small investment here but hoping the sale of EUA comes soon enough that I can top up here at under 1p but I think it'll have to come quite soon because this will be heading over 1p with the next couple of months in my opinion.
If the price is over 1p when I'm in a position to top up I'll probably still do it, I'll just get less for my money but as I see this as a 3-5 year hold I'm hoping for huge profits in the long run.

Why would you even try? Why does it make any difference to you? As long as you know then crack on and get on with life.

Fjords thank you for your helpful reply.
Dickie you're just typical of the kind of people that post regularly on these boards. I'm invested in 21 companies at the moment, I'm not going to understand the full details of all of them. I know enough about SYME to know if I hold for 2 or 3 years I should make a lot of money. Despite your nonsense post, I'll make just as much profit as those that read and understand everything. I'm bought in so all I need to do now is sit back and wait.

Excuse my ignorance but what is this 'SH' news that people are hoping for?
SYME is a 'buy and forget' LTH investment for me so I haven't kept up with the news but popped in today because I saw the RNS were released.

I'm 57, retired earlier this year. I bought my first shares in 1987 and have been building a portfolio ever since. I'm currently invested in 19 different companies.

It's already at 0.5p at the time you posted so it doesn't take Mystic Meg to predict it'll stay there for another hour or so.

Send them an email and let them know. I'm sure they'll appreciate your input.

Mikey, the Triller contract consisted of an up front setup payment (amount unknown), the monthly recurring fee (10s of thousands) plus the music usage fee which will be pennies per usage. There is also a very similar contract set up with Apex with the same kind of values. But they are only 2 of about 45 contracts that 7Digital currently have. Most of those contracts probably provide fairly small income per month but they all add up. The real unknown is the deal that is in place with the Global Tech Co that we don't know the name of. They could be providing a decent revenue stream as well.
Having said that, the real key to reaching a profit at the back end of this year has been in the total restructuring of the company from top to bottom. They have reduced costs massively to become a more efficiently run company making 90% margin on it's contracts.
The Triller contract is great for 7Digital but as Paul said in the call, don't get too hung up on it. He sounded more excited about the 2 new social media contracts that he hopes to announce at some point in 2021. If those announcments are 2 of the big social media companies that we know and love then the market will have to take notice and bump the share price up a lot.

I'd seen something about 14th December but the complete lack of any media coverage over the last couple of weeks is a good sign that no one is taking the threat of a ban seriously. Trump has a pretty good record of losing in court recently so it's certainly no surprise.