RE: Value 12p plus short term,20 Aug 2020 00:00
'Triller Announces Licensing Deal With 7digital'.. you mention that news from 2018. Guess where the share price went since that RNS in 2018, and the RNS last week mentioning the renewed deal with Triller? It went down 96%. From 5.8p to 0.58p. Even if you go to todays price, it's down 60% since the that 2018 RNS.
And yet CJSterling has the numbers and calculations to prove this is worth 12p in the next few weeks.... Hope you include the operating costs into those calculations.
Again, not being negative.. just realistic.. There is an argument for a rise from the doldrums of sub 0.3p pre the RNS last Thursday. I agree, the renewed contract is positive, the media attention on Triller is positive. But, right now there is a massive risk that TikTok finds a buyer for USA before Nov 12th. While we have that risk, it would be very bullish for the share price to stay above 2p. I could be wrong, but... looking at this without bias... nah...
And I don't post this to be negative. I made a decent return on my punt last week, and a very decent return on my Monday 3pm buy and Tue 8:01am sell. I'm just reading your comments and thinking... yeah, that would be great 12p, ok... shall I buy back in... ermm... let me look at things from the other perspective, then balance up which is more realistic... erm, that's a no for me. Oh what.. there's been five more overly positive posts on here. Someone has the calculations, will post tomorrow am... 12p short term view.. Oh dear lord! Wow... so 600% still to go on this one? Since 29th July, even with todays drop, we are up 980%. After 29July there was gradual increase in the price - people buying on rumour of renewed contract, or knowing when the old one expired. Then we saw a 100% rise on the RNS last thursday... drop friday. Then a 200% rise on the Trump tweet over weekend plus a bit of good old AIM hype. And you say another 600% on.... on what? Based on what? Your rose tinted posts here? Based on people moving to Triller app, yeah, I see that adding value to 7DIG share price, not sure I'd see 600% given we are already up 900+% on the past one years valuation of the company.