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4 Sight (4SI)


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#1 Sleepwa123

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Posted 30 March 2021 - 11:23 AM

We still have to wait for the financials to be published and the confirmation of an unqualified audit. Statement from the CEO re this:

 

“I am also delighted to report that the group’s financials received an unmodified review from its external auditors. I am confident we are on track for an unqualified audit when our annual financial statements are released in April.”

 

https://www.techfina...-bearing-fruit/

 

That should bring institutional investors back to the share as I believe (may be wrong) that they cannot touch it right now because of this.

 

I really like this statement from the Chief Sales and Marketing officer. Points at a more sustainable business with more than half the revenue being annuity based in future.

 

“4Sight moved into 2021 with a strong rolling 12-month sales pipeline,” says Willie Ackerman, Chief Sales and Marketing Officer.

“We grew our annuity-based revenue from 49% in 2019 to 56% in 2020, and we aim to reach 70% in the next two years. In part, this will be achieved by our focus on deepening our relationship with our existing customer base.”


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#2 Bushmanbob

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Posted 30 March 2021 - 09:13 AM

Interesting to see that HEPS from continuing operations is US Cents 0.213 and (0.172) from discontinued operations which netted off at 0.041. I would assume that the impact of discontinued ops will fall away in the current financial year and that we should see at least 0.213 coming through.

 

Agree - how this equity isn't over R3 is a mystery to me.  I suspect if there were better volumes - this would be a different story.


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#3 Sleepwa123

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Posted 30 March 2021 - 08:53 AM

Interesting to see that HEPS from continuing operations is US Cents 0.213 and (0.172) from discontinued operations which netted off at 0.041. I would assume that the impact of discontinued ops will fall away in the current financial year and that we should see at least 0.213 coming through.


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#4 Bushmanbob

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Posted 30 March 2021 - 08:23 AM

https://senspdf.jse....329_S444254.pdf

 


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#5 andi222

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Posted 26 March 2021 - 10:20 AM

It looks good but to be honest I was expecting a higher increase.

Once I see the financials I will to a detailed analysis and I will share a high level overview here.

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#6 David-89

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Posted 25 March 2021 - 11:36 AM

Fantastic trading update. This is the best share in my active portfolio - a massive long term punt for me. If the shares weren’t so thinly traded I would have a hell of a lot more.

Very strong growth potential and balance sheet so the only thing that worries me is they are an ideal candidate for a buy-out which would mean I would not be able to see the full long term growth in share value. But right now I’m a happy man.
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#7 Shi

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Posted 24 March 2021 - 03:44 PM

Yeah just give this company some time. They are on a great way of recovery. Buy and look away in my opinion.

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Thanks. I agree. Been following and holding for some time now, and been very patient. Market just doesn't want to re-rate. For example, it has been trading at a discount to its NAV for ages. This is an ideal candidate for a buyout and delisting.


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#8 Sleepwa123

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Posted 24 March 2021 - 02:54 PM

Agreed.

 

I do further increases when the financials are released. Fingers crossed!


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#9 andi222

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Posted 24 March 2021 - 12:27 PM

Yeah just give this company some time. They are on a great way of recovery. Buy and look away in my opinion.

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#10 Lionelza1

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Posted 24 March 2021 - 12:15 PM

Wow, how has the market not reacted to that trading update?


Suprising hey. I feel it's Still Early days tho
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#11 Shi

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Posted 24 March 2021 - 11:34 AM

Wow, how has the market not reacted to that trading update? 


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“One day Alice came to a fork in the road and saw a Cheshire cat in a tree. Which road do I take? she asked. Where do you want to go? was his response. I don't know, Alice answered. Then, said the cat, it doesn't matter.” - Lewis Carroll

#12 andi222

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Posted 24 March 2021 - 09:11 AM

True, but that subsidiary was sold last year so there shouldn't be any issues.

With a clean audit opinion we might see some bigger investors jumping on board.

Also the CEO is looking at bringing 4sight onto the JSE. This would mean way more shares being traded.

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#13 Sleepwa123

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Posted 23 March 2021 - 06:55 PM

Sorry I saw now that it was actually the finsncial statements were qualified due to a subsidiary

"Qualified Opinion on Consolidated Financial Statements and Unqualified Opinion on the Separate Financial Statements"
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#14 Sleepwa123

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Posted 23 March 2021 - 06:45 PM

For some reason I remember their last Financials being negatively impacted by one of their subsidiaries. May be going back too far though.
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#15 andi222

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Posted 23 March 2021 - 06:24 PM

Why would they not be a going concern?
They have huge cash reserves and their assets massively exceeds their liabilities.

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#16 Sleepwa123

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Posted 23 March 2021 - 05:58 PM

I think it will increase once the financials are released and the company is confirmed as a going concern.


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#17 andi222

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Posted 23 March 2021 - 04:28 PM

Wow great SENS announcement. The share price now just needs to move. Next week Monday we have financials. But guys this looks really good and the new CEO will turn 4Sight into a gem. 


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#18 Lionelza1

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Posted 23 March 2021 - 04:21 PM

Looking good
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#19 Sleepwa123

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Posted 23 March 2021 - 04:09 PM

New Sens Announcement (23 Mar 2021 16:02):

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: C148335 C1/GBL)
JSE share code: 4SI ISIN: MU0557S00001
("4Sight" or "the Company")


TRADING STATEMENT


In terms of the JSE Listings Requirements, companies are required to publish a trading statement as soon as they
are satisfied that a reasonable degree of certainty exists that the financial results for the current reporting period
will differ by at least 20% from the financial results for the previous corresponding period.

Shareholders are accordingly advised that the Company's:

* Earnings per share ("EPS") for the year ended 31 December 2020 are expected to be between USD0.073 cents
and USD0.089 cents per share, representing an increase in excess of 100% when compared to the loss per share
("LPS") of USD3.685 cents for the year ended 31 December 2019.
* Headline earnings per share ("HEPS") for the year ended 31 December 2020 are expected to be between
USD0.074 cents and USD0.090 cents per share, representing an increase in excess of 100% when compared to
the headline loss per share ("HLPS") of USD0.006 cents per share for the year ended 31 December 2019.

The information on which this trading statement has been based has not been reviewed or reported on by the
Company's auditors.

The Company's financial results for the year ended 31 December 2020 are expected to be released on or about
29 March 2021.

23 March 2021


Designated advisor
Java capital


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#20 Sleepwa123

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Posted 18 March 2021 - 03:03 PM

Basing it off of last years results announcement on 31 March. No announcements of delays as yet.


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