Member Info for jollyspeculator

a placing? ....balance sheet looks weak, earnings looks weak ...and the management...what can one say? Nothing positive.... except probably honourable unlike some aim nasties

7digital (AIM:7DIG), the digital music and radio services company, announces that it was notified on 16 October 2015 that Ben Drury, Executive Director and Chief Strategy Officer of the Company, sold 2,000,000 ordinary shares of 10 pence each ("Ordinary Shares") at a price of 10 pence per Ordinary Share on 16 October 2015 (the "Sale"). Following the Sale, Mr Drury remains a beneficial holder of 10,038,631 Ordinary Shares, representing approximately 9.3 per cent. of the total voting rights of the Company. The Sale is part of a planned disposal process for which Mr. Drury will use the proceeds to settle certain tax obligations and for house renovation expenses. Furthermore, Mr. Drury will be transitioning his role within the Company from an executive to a non-executive position from January 1 2016, in order to allow him to pursue other non-competitive business opportunities. There will be a corresponding overhead saving to the Company. Mr. Drury remains committed to 7digital and has no intention to sell further shares.

tks...gbo again highlights structural difficulties in listed equity..esp governance of foreign tiddlers ...unless there is either a buyers strike (v v unlikely) or improved regulation of AIM (esp around audit sandards and non execs), I don't see any prospect of improvement ...so better to avoid foreign tiddlers and focus on the handful of decent (boring) uk stocks: visit hq, meet management, talk to suppliers etc etc...do some dd ....or accept the casino lol

this is reasonable entry imv ....but 50-55p possible as bargain in next few months...so waiting

have made a bit here...and now waiting for 20-25p ....17p would be a steal imv

reality so helpful lesson

u av forgotten the liabilities......if sold in hurry, i'd be surprised by more than £25-30m...40-50p/share perhaps ....with ipo shares still on sale, I wdn't be surprised to see c50p ...ta 4 heads up

to trade on such a premium to nav??

avoid imv...leveraged bet on pog at wrong time given fd lift off

trend reversal? So vol, news and rise?

may not be so smart, 1400

v vulnerable

shd be targets of serious investigation imv......won't yield any dosh...but questions about posting significant liquidated damages would be helpful for future ...the current system of non execs appears worse than useless for dumb money shareholders ...also audited accounts without forensic investigation by the auditor tempts fraud (or at least cute) behaviour

another moment of truth... ....key principle: they report to directors not shareholders (I remember thirty years ago being told...someone more expert pls explain where I am wrong) ...how can that be justified?...esp for listed companies where the directors are remote from owners?????

reckon this may have one or two nasty surprises...but agree there's potential ...plenty of those who bought @6p are likely to have itchy palms

excellent forensic assessment.. . the free cashflow here looks dull to poor atm...and the reported earnings needs to be nibbled with heaps of salt

believe lol

"The board views the coming year with optimism tinged with caution. There is no doubt that the economic recovery has not yet filtered all the way through to the corporate market, especially SMEs, and Croma Security Solutions will need to maintain its high energy sales drive to secure continued growth."

wise dan...done well here

why? Still highly indebted ....perhaps they could sell some more assets to demonstrate value of their balance sheet and remove USD debt altogether? ...debt fuelled growth in zambia is troubling