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4 Sight (4SI)


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#21 Lionelza1

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Posted 01 April 2020 - 10:59 AM

No movements lol
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#22 Shi

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Posted 01 April 2020 - 09:25 AM

@andi22 ... thanks for the details. Things are looking positive.  :D

 

As for the cautionary, are we right to assume that it is an offer to acquire 4SI, as oppose to another acquisition (given the current economic conditions, there are some bargains out there).


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#23 andi222

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Posted 31 March 2020 - 10:07 PM

Some points regarding the results:
Positive:
-Cash flow generation shot up 52%
-They still have around 3.7 million dollar cash
-Covid-19 impact is minimal and creates opportunities for cloud business.
-Actual EBITDA excluding one off items amounts to 5.8 Million Dollar. (24 Mill loss less 18 Mill Goodwill impairment less 7.8 Mill Intangible asset Impairment and 4 Mill credit allowance)
- Given the 5.8 Million EBITDA I see the value at around 60 Million Dollar or around 1 Billion Rand or 1.1 Rand per share.
-Visualitics was disposed off meaning next financials should have a clean audit opinion.
-Good take over target- why- high cash levels, low to basically no debt, high cash flow producer.

Negatives:
-Profit warranties where achieved, meaning more shares to be issued at these low share prices.
-Still a huge operating loss
-Telco sector is performing very poorly

Overall given the current situation the company was in I think the results where good. Going forward I think the company will grow and the current management has the right skills to get this done.
Again this is my own view.

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#24 Lionelza1

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Posted 31 March 2020 - 04:38 PM

Hi Lionelza1,

I think managemt had a rough time the last 5 months but they have performed exceptionally well. Also that they are releasing AFS in time is a huge step in the right direction.

As the HEPS is close to zero I think they have written off most of their Goodwill balance. Which in my eyes is the right move going forward.

However the Loss per share is quite significant. So we will see today where exactly they come from.

Also I do hope they get a clean audit opinion. That is of upmost importance.


Cool, thanks..... The waiting game hhmm
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#25 andi222

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Posted 31 March 2020 - 01:53 PM

Hi Lionelza1,

 

I think managemt had a rough time the last 5 months but they have performed exceptionally well. Also that they are releasing AFS in time is a huge step in the right direction.

 

As the HEPS is close to zero I think they have written off most of their Goodwill balance. Which in my eyes is the right move going forward. 

 

However the Loss per share is quite significant. So we will see today where exactly they come from.

 

Also I do hope they get a clean audit opinion. That is of upmost importance. 


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#26 Lionelza1

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Posted 31 March 2020 - 12:40 PM

Trading statement:
Trading statement

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:

• Loss per share (“LPS”) for the year ended 31 December 2019 is expected to be between USD3.25 cents and
USD3.97 cents per share, being an increase in LPS of more than 100% when compared to the LPS of USD0.25
cents for the year ended 31 December 2018.
• Headline loss per share (“HLPS”) for the year ended 31 December 2019 is expected to be between USD0.005
cents and USD0.012 cents per share, being a difference of more than 100% when compared to the headline
earning per share of USD1.13 cents per share for the year ended 31 December 2018.

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 2019 are expected to be released on or about
31 March 2020.

30 March 2020


Designated advisor
Java capital

I think they have written off a lot of Goodwill. Let's see where the NAV and operating cash flow stand tomorrow. At least management is delivering.


Any expectations?... Or just wait and see
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#27 andi222

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Posted 30 March 2020 - 05:34 PM

Trading statement:
Trading statement

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:

• Loss per share (“LPS”) for the year ended 31 December 2019 is expected to be between USD3.25 cents and
USD3.97 cents per share, being an increase in LPS of more than 100% when compared to the LPS of USD0.25
cents for the year ended 31 December 2018.
• Headline loss per share (“HLPS”) for the year ended 31 December 2019 is expected to be between USD0.005
cents and USD0.012 cents per share, being a difference of more than 100% when compared to the headline
earning per share of USD1.13 cents per share for the year ended 31 December 2018.

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 2019 are expected to be released on or about
31 March 2020.

30 March 2020


Designated advisor
Java capital

 

I think they have written off a lot of Goodwill. Let's see where the NAV and operating cash flow stand tomorrow. At least management is delivering.


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#28 hbosch88

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Posted 30 March 2020 - 04:21 PM

I’ll take that. R1 is the bulk of my exit strategy

quote name="andi222" post="291364" timestamp="1585576543"]
I see a value here of between 800 Mil and 1 billion as reasonable.

That would mean any offer of around 1 rand would be acceptable.

I hope they will still issue a trading statement today.
But yeah hopefully we will see results tomorrow. Fingers crossed.

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Edited by hbosch88, 30 March 2020 - 04:22 PM.

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#29 andi222

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Posted 30 March 2020 - 03:55 PM

I see a value here of between 800 Mil and 1 billion as reasonable.

That would mean any offer of around 1 rand would be acceptable.

I hope they will still issue a trading statement today.
But yeah hopefully we will see results tomorrow. Fingers crossed.

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#30 hbosch88

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Posted 30 March 2020 - 02:25 PM

Yea if R2/share was to happen I'd faint

So by 2morrow they shud give results... Difficult decision

Ja, me too!

 

After all they've put us through, they really can't be late with their results.


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#31 Lionelza1

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Posted 30 March 2020 - 02:12 PM

Really hope it's an acquisition at like R2/share, but at this stage also only waiting for those results.


Yea if R2/share was to happen I'd faint

So by 2morrow they shud give results... Difficult decision
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#32 hbosch88

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Posted 30 March 2020 - 02:06 PM

It's going bonkers wtf... Last CA we also saw price pump but then progressive sell

Am green and feel like selling?

Really hope it's an acquisition at like R2/share, but at this stage also only waiting for those results.


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#33 Lionelza1

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Posted 30 March 2020 - 01:51 PM

Its at 24 already and next sell is at 28.

I really wonder what this CA is for?
I want numbers lol not any other stuff haha

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It's going bonkers wtf... Last CA we also saw price pump but then progressive sell

Am green and feel like selling?
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#34 andi222

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Posted 30 March 2020 - 01:48 PM

Its at 24 already and next sell is at 28.

I really wonder what this CA is for?
I want numbers lol not any other stuff haha

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#35 hbosch88

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Posted 30 March 2020 - 01:31 PM

Ouch 27% down

Nopes, buy orders @ 23c


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#36 Lionelza1

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Posted 30 March 2020 - 01:27 PM

Cautionary announcement

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


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that the Company has entered into negotiations, which, if successfully concluded, may have a
material effect on the price at which the Company’s securities trade. Accordingly, shareholders are advised to exercise
caution when dealing in 4Sight shares.

30 March 2020


Designated advisor
Java capital

Does anyone have more information on this?


Ouch 27% down
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#37 andi222

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Posted 30 March 2020 - 11:51 AM

Cautionary announcement

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


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that the Company has entered into negotiations, which, if successfully concluded, may have a
material effect on the price at which the Company’s securities trade. Accordingly, shareholders are advised to exercise
caution when dealing in 4Sight shares.

30 March 2020


Designated advisor
Java capital

 

Does anyone have more information on this? 


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#38 andi222

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Posted 30 March 2020 - 08:11 AM

Agreed, they had enough time now to get their reporting process in place and 4Sight is not that complex to be able to finalize number after three months.
I mean big corporation which are way more complex finalize their results like a month after year end.

If there is no communication today or tomorrow and the first sense we get will be that of the JSE informing us that the share is under threat of suspension again I fear that the share price will reach all time lows.

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#39 Shi

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Posted 27 March 2020 - 04:50 PM

Not cool that we have not heard from 4SI for a while and if nothing on Monday, I expect more pressure on the share price. Shareholders wont have much more patience if they are going to be suspended again - there are better shares out there.


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#40 andi222

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Posted 27 March 2020 - 12:23 PM

Hi SB45,

 

yeah agreed since December we havent heard much from 4Sight. Which might also be good given the situation they where in last year.

 

I do think that the new management is giving their best to get these AFS out on time. Remember they had to clean up a lot which the prior management has caused. For me the most important thing for these AFS is that we can get a clean audit opinion. The results will not look very good due to the large impairments they announced for the half year.

 

But if management requires more time I'm willing to give them another month to clean things up. However if they get suspended again due to non-compliance of the JSE requirements I do see big problems arising.

 

But let's wait and see. We still have a few days in this month haha


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