187 replies to this topic

[andi222]

https://www.business...m-new-strategy/

 

Good news flowing in now from all direction. Share supply will dry up soon and soon the issued shares will be reduced by 290 Million shares. 

 

Simply Wallstreet has a fair value of 2.71 Rands. We are currently at 33 cents. 

Heres the analysis: https://simplywall.s...intrinsic-value

[andi222]

It will come, just give it some time. All problem areas have been solved. Some people are just realizing their profits. I doubt tho we will see prizes below 30 cents going forward.

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[Lionelza1]

Good spike in the price this morning.

Market is chowing all the gains, why they not being patient for the R1

[Lionelza1]

Decent volumes trading already compared to historical data.

[Sleepwa123]

Good spike in the price this morning.

[andi222]

Geez Simply Wallstreet recons the current shareprice is undervalued by 88% !!!!!
Guys they say a share price of 2.71 is reasonable.
Here is the link and analysis:
https://simplywall.s...holdings-shares

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[Lionelza1]

Also they will generate an EBIT between 3 and 4 Million dollar without Digitata.

That would value the firm at around 900 Million to 1 Bullion rands. Given the reduced number of shares after the transactio I see a resanble share price at around 1.5 rands now per share.

They have huge growth potential, basically no debt, no more warranties and great cash generating units. Just look at the cash generated in operation in the half year results.

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Hi Andi,

 

Thanks for the info. yes i have picked up on their debt reduction and the cash generated units. it does look good.

 

Suprisingly the volumes traded are low.

 

the market trend does look good tho, on the up!

[andi222]

Also they will generate an EBIT between 3 and 4 Million dollar without Digitata.

That would value the firm at around 900 Million to 1 Bullion rands. Given the reduced number of shares after the transactio I see a resanble share price at around 1.5 rands now per share.

They have huge growth potential, basically no debt, no more warranties and great cash generating units. Just look at the cash generated in operation in the half year results.

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[andi222]

Hi Lionel,

So basically what happens is the company is selling the Digitata unit for 92 Million rands.

This purchase consideration is then used by 4Sight to buy back its own shares. 292 Million shares. This is exceptional for shareholders because the 4Sight share price is very low and undervalued.

Those 292 Million shares will then be cancelled on that date and the share capital will be reduced by around 33%.

Less shares in the market. That's always good for a share.

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[Lionelza1]

The salient dates and times relating to the general meeting and the implementation of the proposed transaction
are as follows:

2020

Last day to trade in 4Sight shares in order to be recorded in the register on the voting Tuesday, 8 September
record date

Voting record date Friday, 11 September

Interim results for the six months ended 30 June 2020 expected to be published on Tuesday, 15 September
or about

Last day to lodge forms of proxy for the general meeting with the transfer Friday, 18 September
secretaries, by 10:00 SAST / 12:00 MST

General meeting held at 10:00 SAST / 12:00 MST on Tuesday, 22 September

Results of the general meeting released on SENS Tuesday, 22 September

Expected implementation date of the proposed transaction Tuesday, 22 September

Expected date for the delisting from the JSE of the repurchase shares from the Tuesday, 29 September
commencement of trading on the JSE on or about

 

quite a bit happening in september. 

 

Expected date for the delisting from the JSE of the repurchase shares from the Tuesday, 29 September
commencement of trading on the JSE on or about...... what does this mean andi?

[andi222]

Yeah momentum is starting now. Has been trading well above the MA 100 and MA 200 line for some time now.

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[Lionelza1]

Yes give it some time. As soon as the Digitata transaction is closed the issued share capital will reduce by 292 Million shares or close to 1/3 of the shares in issue. Also all former directors who hold grudges against the company are then out.

Also there are now no more warranties that need to be closed. So no more dilution if shares.

Also if u look at the financials they basically have no debt. They actually sitting on huge cash reserves.

Here is a good article:
https://www.google.d...b3Bw7W8BOZM2k6V

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Yea they brought down their debt significantly!

I'm waiting for that action myself ..... round 2 lol

[andi222]

Yes give it some time. As soon as the Digitata transaction is closed the issued share capital will reduce by 292 Million shares or close to 1/3 of the shares in issue. Also all former directors who hold grudges against the company are then out.

Also there are now no more warranties that need to be closed. So no more dilution if shares.

Also if u look at the financials they basically have no debt. They actually sitting on huge cash reserves.

Here is a good article:
https://www.google.d...b3Bw7W8BOZM2k6V

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[vishalsur]

was hoping for some small action in the share price 

 

[andi222]

Results where released today.

Very strong results given the current covid situation. However I think Covid has made 4Sight even more relevant and opened new growth areas and markets.

Dividend
A dividend will not be paid or considered due to planned acquisitions and to preserve cash reserves for foreseeable unfavourable market.

Company outlook
The reality for many companies and industries is that the COVID-19 pandemic has fast tracked digital transformation initiatives. Organisations that had been 'waiting' have now been forced to evolve their business operating models to cut cost, mitigate newly identified risks and make plans to sustain their businesses. Working from home, newly distributed teams and companies having to pivot and find new and innovative revenue streams has created a totally new working environment and a boardroom level urgency to digitally transform.

The 4Sight team is ready to take on this new working environment challenge with a renewed strategy, newly implemented structure and a proven track record of solid results. We continue to expand vertically to deepen our capabilities across our Operational Technology (OT), Information Technology (IT) and Business Environment (BE) focus areas. This convergence is now a reality for many of our customers and embracing it will be the only way they will continue to grow their businesse Moving into the second half of 2020, from an internal perspective, we will continue to streamline the synergies between the businesses and also build on our shared services drive to optimise and drive efficiencies. Focusing externally, we are entering H2 with good orders in hand and a strong pipeline that just needs to be converted. We will be increasing the delivery of managed services to ensure continued growth in annuity revenue across our go-to-market clusters. This will be supported by expanding our customer footprint through our channel and alliance partner network.

We anticipate further growth with an updated customer segmentation in place and the sales and marketing efforts aligned to support our customers' growth. This is coupled with the tremendous respect and credibility we gain from working with our strategic partners and vendors. We continue to work in union with our partners to deliver complex integrated solutions to the market to help our customers navigate and evolve in this new normal. Our drive for organic growth will continue and identifying and acquiring new businesses that support and strengthen our current core business value proposition will continue.

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[andi222]

Deal now in final stages. Refer to the latest SENS. Shows the whole impact of the transaction. Also shows holding of 5% and above.

Guys be ready for a sharp demand of shares after the transaction is concluded.

They had to keep the share price low so that the transaction is fair and reasonable.

Basically 290 Million shares bought back by the company at 31 cents.



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[andi222]

Any idea how many shares are still being dumped here?

How do you guys get this info? Curious noob investor.

 

As far as I know there is one or two previous directors who are dumping the shares because they are angry they got voted out. 

 

Once the Digitata transaction will be complete the number of shares issued will be reduced by around 260 Million shares. This will help to stabilize the share price as well. A lot of shares are hold by the current directors who will not sell at these share levels. If you look at some of the latest SENS you will see that a lot of directors have actually bought more shares. 

[Sleepwa123]

Any idea how many shares are still being dumped here?

How do you guys get this info? Curious noob investor.

[andi222]

https://m.youtube.co...h?v=QQ1nPYl80Mc

Good interview with the CEO

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[andi222]

Someone is trying to keep the price low. Dumping shares. So until this guy is done we won't see big increases I think.

 

All we can do is wait for Half year report and for the Digitata transaction to be finalized. Will reduce the Shares in issue by 250 Million.

 

Share price will go up eventually I think. Strong cash generating units, new management with a plan and no more warrants to be issued.

 

Also this year will be the first year with a clean audit opinion as Visualitics has been sold last year.

 

Cant believe what the old management has done- Internal fights, moving one business into business rescue which was not necessary, not obtaining a clean audit opinion, suspension of shares etc. They actually need to be sued for negligent behavior and not acting in the best interest of the company. Luckily thats the past and we can look forward now. Great potential here for cloud services.