Visual International

The brokers at Prescient Securities were listing this crap. Told everyone it was a high growth business that was around for 20 years. The broker must be reported to the fsb for lying to investors

Hmm, looking at their balance sheet I tend to agree with you... Their single biggest asset is "Loans to Shareholders". Given the shareholders' shares in Visual have more than halved in value since their listing, does this shareholder even have enough value in assets to repay this loan from Visual?

If this loan must be impaired... well, wonder if this company will be around in the next 2 years.

What do you guys make of the latest financial results of visual international? Are they heading in the right direction etc

Truthfully, it looks.. to say it simply.. horrible!

If you looking for a good answer, not really gonna get it here.. those who bought some of this share will have to hang in there for a while before (hopefully) we'll see some good news. At this stage, it's still on my gamble list and I took a few at the beginning, will ride it out and try to forget! If you looking to invest big sums.. perhaps look elsewhere at this stage, my 2c..

Edited by Goliath, 29 May 2015 - 11:02 PM.

Could turnaround. At this stage, worth a punt.

Good heavens. No remedy exists for this.

Starting to second you on this.. having a look on the internets about this company, their head office is a house... (google view) saw an interview with the CEO which was really.. think the word I'm looking for is shocker and then all the latest SENS etc, think another punt of mine down the drain..

The only thing going for it at this stage is the Stellendale area development.. but will keep my punt none the less, hopefully it turns into a Calgro and not a RBA!

http://www.sharenet....09152400&seq=45

http://www.sharenet....09152400&seq=45

Today Visual's unaudited interim results ending August 2014 where launched. Anybody have an idea on how the company performed moving forward?

What he said.. it's a penny stock so one trade could shake it up dramatically, so no reason to sweat unless there's negative news out there etc..

Hang in there, this one not going to shine in the short term but have some hope for it in long run and thus worth a punt at this stage but nothing more

Because 1 guy wanted out...

The drop is only based on a single trade and because the bid/offer gap is so big the move is big.

For example if you look at the offers now, if 1 guy decides to buy it will look like the price moved up by 5% today.

Closed today at 40c...
Considering a stab...
Any thoughts?

As Shi stated, they still need to prove themselves but with property in Western Cape and the area where they operate I'd say it's definitely worth a punt (well, still risky but of the penny stocks the safest bet in my opinion)

Risky at this stage, they still need to prove themselves to the market and Visual is not getting alotta attention right now to keep the price up (read little buyers).