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Not short, just trying to save some of you money who believe the rubbish some say on here. Dividends are many years away and therefore so are the mass institutional investments.
The facts are nobody knows what happened to the global tech company or what the financial position looks like.
I therefore sold out at a loss and will invest in a tramsparent Board.
Many on here don't have a clue about financials. How can 7digital pay dividends when they have over £32m of retained losses.
Basic accounting should tell you you can't distribute your share capital, only profits.
It will be 10 years away before 7dig can even think about paying a sizeable dividend.
Covid deaths have to be recoreded within 28 days. The last patient has been discharged a few days earlier than expected so the oral drug must have worked!!... (unless they've all died)
Dumped my 2.9m shares. Don't think its showing yet, but you guys help yourselves to them. Emusic live is a joke
Many on here have ramped up emusic live in the past. 17 May lockdown ends for the live entertainment industry albeit with capacity restrictions.
Do the same people still want to ramp emusic live when there are now no future events planned at all beyond the 14th for the entire platform?
https://www.emusiclive.com/
And Virtual Circle are offering a 30% discount for the end of season special.
https://mobile.twitter.com/eMusic/status/1391809069950898178/photo/1
Value of all the trades (buy and sells) today is barely over £10k, yet we've got a near 7% drop in share price?
https://news.sky.com/story/peloton-recalls-treadmills-after-injuries-and-child-death-12297597
Share price may have gone red, we've all lost more money today, but...
Sit back and relax... emusic live has got some 4 FREE concerts for us to enjoy, funded with our money!
https://www.emusiclive.com/Jess_Moskaluke
The fact none of the contracts warranted its own RNS signals these are small deals generating tiny revenue. They didn't sign all of these over the bank holiday.
Where is the other significant social media deal they talked about in December... fallen away again.
Why won't Paul acknowledge the big unknown is the extension of the 6 month contract with a global tech co. announced last year?
There's 3 possibilities: it didn't renew, it did (unlikely now as not mentioned in this morning's announcement, or its on a rolling basis now)
There are only 3 or 4 contracts that can support a share price above 1p. Why would they withhold this price sensitive info if it was good news?
This will finish in the red today and deserves to be on current disclosures.
Weak update. No mention of an extension of the global tech co. so that probably implies its lost and gone. Price coming under pressure already. 1.6p was a flash in the pan
Newsletter is out already. All about Alfie Boe. Yippee
I get the impression 7digital earned nothing from that event. They wanted a "name" in order to sell future events. A large chunk of the ticket sales (which must have been about one hundred pounds) was donated to charity.
The silent shareholders here are delighted at not knowing the numbers behind their investment and how much revenue their money is actually generating.
Great weekend to the loyal 7dig fans that have no voice.
itye you're wasting your time with this lot on here. They're all happy sitting in silence and searching the internet for new job postings because the Board of 7dig don't give a monkeys about us small investors. They got their £6m last year on the back of Donald Trump joining Triller and a mystery global tech company.
Most investors have lost interest in this board, only silent investors left here now hanging on for the next newsletter detailing emusic live's free concerts from artists nobody has heard of.
Alfie Boe sold 19 tickets for his gig last week. I have come up with my own estimate based on this twitter following as there's been no communication since December from 7dig.
Spread widened to 1.25p to 1.45p on very little volume. Means RNS is incoming
Can get a sell quote for 3 million today. Shame about the 1.265p price though. Need news not rumour.
It's an Alfie Boe special... hardly an INVESTOR newsletter!
How soon 308?
No financial calendar, no pre close trading update, no Q1 update, no update on global technology contract extension, no update on the other significant social media deal, no update on the other 5 home fitness deals...
Which update will come first?
Extra accountant to pay the £8.1m of liabilities outstanding from half year. You guys can't read anything properly - its a purchase ledger role i.e. paying money out.
Searching the internet for any sniff of a mention of 7digital because the company is silent itself. Good or bad you guys are deseperate for any news but won't say anything bad on this board in case it pushes the price lower.
Ermmm... thats accounts payable mate. Money going out the door rather than revenue.
itye is right here, I'm not sure why he gets so much of a bashing.
If you are invested here you should ask yourself:
This is a plc. which will have Board dates lined up for at least the next 6 months in order to approve financials ahead of results. Why not release a financial calendar outlining expectations?
What happened to the global technology company with no name that made people buy in at 3p+? Has it been renewed?
Where is the update on the 8 significant deals promised? Only 2 announced this year and one was not significant - it was a mirror from a start up which doesn't even offer international distribution.
Where is the broker forecast that was promised early 2021?
Did we really get diluted in the £6m fund raise in order to put on some free concerts via emusic live which generate zero revenue?
Too many people on here happy to have their pants pulled down.