Member Info for Taser

That is my point in an earlier post. We know from the presentation the juke Germany contract is worth circa million so why not include that on the rns? And to say it underpins revenue means little. After calling out the huge profit margins that 7dig is working under why not reference only? I.e. This will boost profits rather than underpin revenue. As the saying goes revenue is vanity profit is sanity

A couple of items were on my mind regarding 7digital and i was hoping the educated out there might help. We know from the Edison report (who have close ties with 7dig) have predicted a 2.9m loss for 2017 and a 2.1m profit for 2018. We also know that 7dig have confirmed that tthey stand by their projections. As that was reiterated in december then any negative deviation would be a shock. Anyway my question is twofold. Firstly according to SC the blended margin is 71% going upto 75%. Which should mean any new contracts with recurring monthly payments should pass straight to pnl. Ax such why when a new contract is announced dont the estimates from Edison change? They cant all be factored in especially as the new platform service model has only just been announced. Secondly i would imagine all new contracts and renewals are company enhancing events that should be announved formally to the market and our good selves yet we know 7dig have the habit of announcing multiple contract news with their financials ie next week.. i think tfey are missing a trick and should announce as and when signed (also a legal obligation)? I must admit a profit of 2.1m doesnt excite me especially based on the profit margins. We apparently diluted current share holders over 100% to service high end clients needing satisfaction our balance sheet was capable of sustaining a longevity to match the contract length and beyond. With 400m shares in circulation we need to be looking at profits of 5m plus to get multiples of the sp. i expect things will be clearer next week but i hope they emphasise the pnl impacts as any new contract should considerably alter estimates. Cone on 7dig start passing on the details.

So quiet here. Everyone gone?

Not sure about that. For us to hit 25p would suggest a market cap of 100m and with no profits booked it might be slightly hopeful. If we hit 2.1m profit for 2018 at a pe ratio of 20 we are still only looking at 10p (mkt cap 40m). We need revised estimates based on new contracts with a 75% blended margin the pnl estimates can jump quickly So look for new.contracts. A 5m profit could lead to a mktcap upwards of 100m and more if growth factored in but we need to show the mkt some signs of profit and losses for 207 should not exceed 2.9m which is factoredin

4.805 to buy so looks like dropping an eigth unless demand picks up today. Just hope those big contracts are not too far off and we get revised pnl numbers. Wont be surprised if tipped in new year share tips now b/s sorted

Well it is time for 7dig to deliver. No more excuses and i hope the extra funds are not diverted to cover any more costs than have already been noted. If the extra funds are required to secure top level clients looking for a strong balance sheet before taking up a long term contract then alls well and good. Reading between the lines this is what is being intimated. If true we are at a pivotal point all be it with the top side diminished by the increase in share capital. I fully expect numerous announcements post placing formalities. We may see some churning over the next few weeks but believe management will counter that with a number of rns contract announcements. Could be exciting and by the lack of activity on this board any pick up in interest should see the demand we have been looking for. On the downside i was disappointed that 7dig reiterated their expectations of meeting profit forecasts for 2018. If major new clients are onboatding i was hoping this would shift our expectations upwards as we have been told multiple times that the margins are huge in percentage terms against what is essentially a fixed cost base upon integration. Come on 7dig xmas rally plus new year tip and we can start to look forward to a great 2018

Not sure about that. For the first time in a long time i think things are falling into place and we may well see both better coverage and better numbers being churned out. Yes the dilution and the price was a kick in the teeth to long term holders and suggestions that the raising was a formality was neither in the interims or edisons research note. In fact it mentioned with good management it may be avoided. From that do we presume there was bad management? That said it is done and dusted and the institutions sit on an immediate profit but got a feeling we will get news post placement formalities and whilst life isnt fair the payback will come

My barclays account is now showing the available offer shares but says they are not eligible for isa and sipp. As my holdings are in an isa and sipp can someone confirm Whether there is an issue? Thanks

No market today the only way to get a quote to buy is a measley 50 shares! So why do they need all that money on the balance sheet? Supply chain requirements stated so hope of a big deal with a blue chip customer. Anyone want to take any guesses?

Jolly, you have speculated multiple times at a placement at 4-4.5. I think you have your own agenda. Do you hold?

I feel slightly let down by the company in terms of transparency and feel they have let the sp drift unnecessarily. There was mention of numerous new contracts related to MQA that haven't materialised. Can't help think they have their fingers in too many pies and need to streamline the company or spin off the creative arm. Information would be nice and some reference to sp performance. If no funding required and we drift towards 2018 then we must be in line for a hefty jump up based on predicted figures

Anyone got an opinion on the sp and move to near all time lows? Are 7dig doing enough?

It stinks. - loaded dice wait until they stop rolling

Haven't a clue what you are on about but the sp below 6p warrants some concern.

Hmm so everything is good here but you might get a placement at over 30% discount to current lows... phew i thought we were in trouble..... To be honest if there is any placing it maybe in 2018 but if all goes well there will be no need. My concern here is the history and their track record on delivery. I get the feeling that this is a labour of love for mr cole rather than one of economic importance. Think we need some more market savy non execs

Yes support at 6p but thats nothing to be proud of. The share chart for the last few years is appalling, even with the latest updates the sp is stuck with few supporters. They say they want to create shareholder value but there has been nothing to lift the spirits of investors. The last placement price was 6.5 and even with mms millions we are still talking tight cashflow for the next 6-9 months per Edison report. Simon Cole myst look after his investors

Has everybody lost faith here? Absolutely no traction or market interest. It just wont budge. Nice to see share options based on ebitdar not on share price! They really deserve them as it is a no brainer due to the acquisition they will get to exercise them. Shareholders need and deserve more. What are other peoples opinion?

Not sure what is happening here. Maybe the lack of newsflow on those all important new contracts to set off the fixed costs and contribute to those 90% gross margins mentioned in their news releases. It is a shame 7dig are not doing more especially after a placement at a 10% discount, and now a further plus 10% fall from the placement price. I do think it worthy of comment from the company. The volumes are low but the impact acute. Come on give us something tangible and that shareholder value we have been promised.

Anyone want to make an educated guess as to why the sp has performed so badly in recent times?

As part of the placement there was a small percentage of the overall placement to be raised in an open offer. All holders are entitled to purchase 10% of their holdings at 6.5p. At the current price this is a no brainer but once all new shares are tradeable at the end of the month there is a chance of volatility but the arbitrage amount is minimial. Selling at 7.38 versus buy at 6.5 is not worth it unless you hold high quantities. Still some will....