arborman
09 Dec 2016
Late trade @ 6.8p Late reported trade at 6.8p of 226,191 sharesinteresting? roll on Monday, might see a positive RNS if we're lucky
coldascheese
04 Dec 2016
AMAZING Musical.y one of 7DIG clients has grown astronomically and has over 120 million users.China’s digital entertainment a hit overseasZhu Shenshen | December 1, 2016, Thursday | PRINT EDITIONLOUIS Yang, co-founder and chief executive of the Shanghai startup musical.ly, never expected the live streaming app to attract so much attention so quickly in overseas markets.“When we started out, we figured on maybe 5 million users within the first year, but the global response has been far beyond our imagination,” Yang said in Musical’s office on Jumen Road in downtown Shanghai.Since its debut last year, Musical has amassed 120 million users globally, attracting celebrities and artists like Jason DeRulo, Paris Hilton, Fetty Wap, Shaquille O’Neal, Adam Lambert and Gnash.Musical is the latest example of Chinese mobile publishers penetrating overseas markets in content and entertainment. They are taking advantage of the latest technologies, like cloud computing, artificial intelligence translation and mobile application stores.Their services span music video clips, e-book novels and security applications on mobile devices.Welcome to the newest wave of domestic entrepreneurs in China’s “Go Global” campaign, trailblazers following in the footsteps of companies like Lenovo and Huawei.Their rapid foothold overseas is down to applications in entertainment, social networking, music and videos, according to US research firm App Annie.Their combined revenue from Apple’s iOS store in the year to September 30 jumped 1.6 times to US$400 million in the United States market alone, and surged 2.6-fold in Japan to US$200 million, said App Annie.New technologies are being integrated into Chinese cultural content to attract overseas audiences, said Yin Weimin, chairman of the National Base for International Cultural Trade (Shanghai).Musical is now the top local Internet firm targeting overseas markets, Yang said, noting the benefits of its “unique opportunities and timing.”With some 120 million users in more than 100 countries, Musical offers more than 2 billion online video clips and is one of the biggest clients of Amazon cloud service AWS in China.The app attracts about 1 million new registered users a day and handles about 200 million new messages daily during peak seasons — all with a technology management team of only three engineers.Well this underlines how well 7DIG must be doing and once an update or results are out or if someone highlites the potential should be in for a big rerating.
coldascheese
28 Nov 2016
Playster using 7DIG Playster Signs Deals With Sony Music Entertainment, Warner Music Group & The Orchard, Debuts New Music Streaming PlatformThe all-in-one streaming service has unveiled a revamped music platform with millions of new titles.MONTREAL, Sept. 22, 2016 /CNW Telbec/ - Playster, the world's first all-in-one entertainment streaming service, is proud to announce newly signed partnerships with a number of the world's biggest and best music labels and distribution companies: Sony Music Entertainment, Warner Music Group and The Orchard.In doing so, the Montreal-based platform is adding millions of titles to its catalog, including music from multi-platinum recording stars and many of the industry's brightest indie artists. Playster has also unveiled a completely revamped music section, powered by 7digital, which will take members' streaming experience to new heights with expertly tailored recommendations, curated playlists and unique mood-based sorting.
arborman
14 Nov 2016
Rising Nice bounce back on no released news, pump and dump or genuine interest?GLA
coldascheese
10 Oct 2016
rns-More contracts and news Excellent-more contracts adding to the growing list. Plus-look at this 7DIG job advert advertised on 7Digital site:-[link] now we are engaged in a number of very exciting projects for global artists (will.i.am, Neil Young), hi resolution audio services with Onkyo, Technics and MQA, video messaging with musical.ly, along with developing streaming products for broadcasters, retailers and the major labels.We’re working at significant scale – our service-oriented API Platform is handling BILLION S OF REQUESTS PER MONTH & GROWING QUICKLY.Looks to me that things are going very well and much better than the market thinks.
coldascheese
01 Oct 2016
Some news Cole said that 7digital’s biz-dev staff are being tasked with aiming high for big, global deals rather than small, less-valuable contracts.“Who are the five global clients who need music? Does Snapchat need music? Does WhatsApp need music?” he said. “Musical.ly has brought us so much attention in Silicon Valley, due to being able within weeks to get themselves legal and licensed, by working with 7digital. That has brought an enormous amount of interest from the Valley.”7digital’s two deals with major-label clients are also intriguing, although Cole declined to discuss who they are and what kind of services are being created.Look forward to the next RNS
arborman
22 Sep 2016
director BUYS good to see the directors putting in some cash at this bargain basement price!
Sambram
19 Sep 2016
in line performance Update from finnCap"Revenue and gross profit of £5.2m and £3.3m respectively are in line with the performance achieved in 1H15. Adj. operating costs have meanwhile increased, but this is largely due to a significant one-off provision and as a result, LBITDA has increased from £-2.8m, up from £-1.5m in 1H15. The company's gross cash position is materially better than the LBITDA performance suggests at £1.1m, only £0.5m lower than at year-end, benefiting from a strong control of working capital. The provision relates to funds (£0.7m) due from Guvera (already flagged), which was previously considered doubtful – no impact to 1H16 cash flow, but this will place greater strain on cash looking ahead. Revenue of £5.2m was less than 1H16E of £6.5m, due to a quieter than expected Q1; it is however reassuring that positive momentum resumed in Q2, with a strong sales month in June contributing to a 10% increase in exit-rate recurring revenue. Despite this recent momentum and healthy sales pipeline, we revise our full-year expectations in light of this slower than anticipated start to the year."
coldascheese
30 Aug 2016
7Digital -contract with Playster [link]
coldascheese
10 Aug 2016
On the move up 7DIG up 18% on level 2 now.Results due Sept and after recent update should be very good. Has been at lows for quite a while now with little interest shown. Maybe this is about to change and it should start ticking up to brokers target of 34p.Share price could really jump at any time-funds already hold some stock and Chairman bought in earlier in year.
arborman
10 Aug 2016
Re: On target Over 8p now and rising, happy days
coldascheese
21 Jul 2016
On target Still expects to be in profit at year end-so all moving to plan-looks like a steady uptick from now to year end unless major wins announced.
coldascheese
14 Jul 2016
Update Due anytime. If update confirms progress to near profitability this could really jump as unloved and overlooked at moment. Massive potential if all things go right.
arborman
26 May 2016
Well i am Looking fwd to multi bagging this beauty
coldascheese
09 May 2016
edison Valuation: Pivotal year – discount unwarranted7digital has made considerable progress transitioning from a B2C download model to one of licensing B2B streaming solutions, which represented 63% of revenues last year. April’s Snowite acquisition tilts the group even further in this direction and with the encouraging new business pipeline management appears on track to reach EBITDA break-even in H216 as targeted. The uncertainty surrounding Omnifone should create opportunities to grow its market share further. On a FY17e P/E of 8.2x, the shares trade at less than half the valuation of its global small-cap SaaS and video streaming peers and do not capture the potential for 7digital to grow its share in the large and expanding market for music streaming services.
