Re: Excellent result-price will begin re-rat... yep, by year end, surprised by todays drop in the sp mind, if it drops below 8p i will be topping upGLA
Excellent result-price will begin re-rating Despite the doubters 7DIG now profitable despite the bad debt last year which is real progress.A higher rating of the share price will now start and I expect when the full results are out in March more good news will be announced-can see thsi achieving the 26p broker target by year end.
Today's the day! Great RNS, 4th quarter operating profit, here we go
Re: big movement any day now It seems the market- helped by the Investec note- is starting to wake up to this for the reasons I mentioned in my post last month.there are solid reasons for expecting this to rise very substantially within a few weeks IF they have, or are mere weeks away from EBITDA break even.the risk is material, but the asymmetry in risk/reward is very unusual and upside is based on an ability for the valuation to be based on normal fundamentals once profitability is assured.
Re: target 30p says investec Looks like a buy and hold to me here, massive market for this company ahead potentialy, which non has been reflected in the market cap at this time. Senn.
Video-huge market that they could win. Video from last year of CEO discussing the size of market for the company and how much of it they could win.[link]
Re: target 30p says investec testing testing this will be a big one one day
Re: target 30p says investec Should be a big year for 7DIG......and not before time.
Re: target 30p says investec Maybe 30p in 12 monthsHopefully 15-16p on good news before end of January then steady rise to 30p, not that I'm against 30p next week u understand, just I think that 15-16 is more probableGLA
Re: target 30p says investec Moved up nicely today-hopefully good news next week and a share price nearer investec target
I read the Investec report Agree with them that it is under the radar this stock. I have doubled up today and am hoping after results to see this in the mid teens.Maverick
target 30p says investec 7digital Group Plc (LON:7DIG) Rating ReconfirmedThe company have set target price of GBX 30.00 on 7digital Group Plc (LON:7DIG) shares. This is 370.22 % from the last stock close price. In a research report revealed to investors on Wednesday morning, Investec reaffirmed their Buy rating on shares of 7DIG.Read more: [link]
Re: big movement any day now nice rise today, people buying in before the trading update next weekhappy days
Re: big movement any day now Last year the pre-close trading update was on 21st January so we will have to wait a couple more weeks yet
big movement any day now The company promised that this is the month it would get to break even on an underlying trading basis. If it achieves that then city focus will shift from "will it fail' and hedging its bets to ' what's it worth". If it delivers on this months promise the turnaround in a year is massive- about £3m at the bottom line . That would indicate profits within a year or 2 of about £4-5m. The market seems to be there and competitors are disappearing, and all new revenue is almost pure profit ( as long as they maintain existing clients) I would expect that IF it delivers on its promise this month these will at least double- and possibly get above 20p) within a very short period.If they dont deliver break even , then there is likely to be a sell off.Either way, a big movement is likely any day.My view is they will deliver, and worse case break even may be delayed by a quarter. So I'm in and if there is a sell off I will be buying on any significant dip