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4 Sight (4SI)


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#41 andi222

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Posted 30 July 2020 - 04:21 PM

Haha Lionelza1, I love this sentence the most:

 

After the initial impact of COVID-19, we immediately started gearing up our marketing and online presence with
news, webinars and other digital and remote engagements with current customers and business prospects. These
initiatives coupled with our proactive pivot in group strategy have resulted in 4Sight securing several multiple
million rand deals remotely during this time. It should be noted that the full delivery of our new deals will also be
completed remotely.

 

This for me is the future and the JSE has missed a share like this. Also the new management is super competent and they want this company to grow big. 


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#42 Lionelza1

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Posted 30 July 2020 - 04:08 PM

Holy *** Andi i could Kiss u hahaha.... What a pump!
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#43 andi222

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Posted 30 July 2020 - 03:05 PM

Exceptional results. Guys keep a watch out for this company!!!!

 

 

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”)


UPDATE ON THE IMPACT OF COVID-19 AND TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2020


THE IMPACT OF COVID-19
The impact of the novel coronavirus (COVID-19) has been felt across all the Group’s affiliates and business units
in different ways. The majority of operating subsidiaries were categorised as suppliers of essential goods and
services and therefore remained “online” and open for trade, albeit under the COVID-19 lockdown regulations.
The move to lockdown level 4 allowed the Group to gradually start trading in more retail product categories, that
affected only one affiliate, AGE Technologies. All operations except for minor business units (such as training
centres) are back in full production.

From the outset of the COVID-19 pandemic, our Board of Directors (BoD) and Executive team (EXCO) held
emergency strategy sessions prioritising the management of cash flow and elimination of unnecessary costs where
possible. Our primary goal has been to protect the health and livelihoods of our people during this time. Although
salary increases were put on hold across the majority of the Company, these have now been implemented and our
headcount has increased by 6%.

During the pandemic, the health and safety of our people, our customers and all other stakeholders has been our
priority. We have refined our standard operating procedures to ensure that all operations conform to the highest
levels of hygiene and social distancing requirements. To this end, we have built our own COVID-19 scanning and
contact tracking application. This has been successfully implemented both internally as well as with several of our
customers. We have also implemented a wide range of alternate and flexible working arrangements, where possible
utilising technology to enable remote work. Approximately 99% of our workforce now work and service our
customers remotely.

After the initial impact of COVID-19, we immediately started gearing up our marketing and online presence with
news, webinars and other digital and remote engagements with current customers and business prospects. These
initiatives coupled with our proactive pivot in group strategy have resulted in 4Sight securing several multiple
million rand deals remotely during this time. It should be noted that the full delivery of our new deals will also be
completed remotely.

BUSINESS UPDATE
The last 40 years of technology advancements have led to new and exciting innovations. In the 1980s, we had big
computing and large mainframes. The 1990s saw the era of PCs, networking and data sharing. The 2000s brought
us the Internet and the sharing and connectivity of information, whilst the 2010s saw the proliferation of mobile
devices and apps. Now that we have entered the 2020s, we find ourselves in the ‘automation era’. This is
underpinned by data which is the oil of the automation era as well as any Modern Digital Enterprise’s core asset
in the 2020s.

Our EXCO team identified the Modern Digital Enterprise concept in November 2019 as our key strategy for
business growth in the modern digital economy and automation era. In our most recent annual report, our Group
CEO, Tertius Zitzke, indicated that our business opportunity resides, in taking advantage of 4IR technologies,
coupled with our proven digital transformation approach and initiatives to ultimately accelerate the convergence
between the Operational Technologies, Information Technologies and Business Environment worlds through our
integrated solutions.

We believe that the key characteristic of 4IR is the intelligent use of data to support better decision-making in near
real time. This is critically important in today’s hypercompetitive digital economy in which the ability to pivot
rapidly in response to changing market conditions (e.g. COVID-19) or customer demand is vital. To realise the
true value of 4IR technologies, organisations will need to evolve so that people and technology also converge.

This convergence of 4IR technologies and people will give rise to a new kind of business organisation, which can
be referred to as Enterprise 5.0. This can only be achieved when the technology and people are brought together
within the Enterprise 5.0 framework. We have identified a number of key pillars within 4IR (Industry 4.0) that will
accelerate customers' adoption of digital transformation initiatives and allow them to take advantage of technology
solutions that deliver meaningful business value. These include: People4.0, Customer4.0, Operation4.0, Finance4.0
and Innovation4.0.

We continue to actively manage the consequences of the COVID-19 pandemic. Our priority remains the health
and safety of our employees. We are also providing support to our customers, intermediaries and vulnerable
suppliers across our businesses.

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 six months ended 30 June 2020 is expected to be between USD 0.151
cents and USD 0.185 cents per share, being an increase in EPS of more than 100% when compared to the
loss per share (“LPS”) of USD 1.779 cents per share for the six month period ended 30 June 2019.
- EPS from continued operations for the six months ended 30 June 2020 is expected to be between USD
0.120 cents and USD 0.146 cents per share, being an increase in EPS of between 5.5% and 28.9% when
compared to the EPS of USD 0.114 cents for the six month period ended 30 June 2019.
- EPS from discontinued operations for the six months ended 30 June 2020 is expected to be between
USD 0.032 cents and USD 0.039 cents per share, being an increase in EPS of more than 100.0% when
compared to the LPS of USD 1.893 cents per share for the six month period ended 30 June 2019.

- Headline earnings per share (“HEPS”) for the period ended 30 June 2020 is expected to be between USD
0.157 cents and USD 0.192 cents per share, being a difference of more than 100% when compared to the
headline loss per share (“HLPS”) of USD 0.033 cents per share for the six month period ended 30 June
2019.
- HEPS from continued operations for the six months ended 30 June 2020 is expected to be between
USD 0.116 cents and USD 0.142 cents per share, being a decrease in HEPS of between 14.2% and
29.8% when compared to the HEPS of USD 0.165 cents for the six month period ended 30 June 2019.
- HEPS from discontinued operations for the six months ended 30 June 2020 is expected to be between
USD 0.041 cents and USD 0.050 cents per share, being an increase in HEPS of more than 100.0%
when compared to the HEPS of USD 0.199 cents for the six month period ended 30 June 2019.

Continued Operations is defined as the Platform and the Mining & Manufacturing Clusters that will remain in
4Sight Holdings Limited after the exit of the Telco Cluster comprising the Digitata Group. Discontinued
Operations refers to the Telco Cluster which will be disposed of should shareholders approve the resolutions to be
proposed at the general meeting to be held in this regard, as per the SENS announcement of 7 April 2020.

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 six months ended 30 June 2020 are expected to be
released on or about 15 September 2020.

30 July 2020

 

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#44 Lionelza1

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Posted 28 July 2020 - 04:07 PM

16% up. It has been on the upward trend past couple days... Let's hope that momentum keeps going
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#45 Lionelza1

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Posted 28 July 2020 - 11:07 AM

This share will soon be moving. As mentioned before new management is pushing this to a big company. Long term goal as mentioned by the CEO is to become a JSE listed entity.


Cool Thanks. I'm hoping they succeed
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#46 andi222

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Posted 28 July 2020 - 10:52 AM

This share will soon be moving. As mentioned before new management is pushing this to a big company. Long term goal as mentioned by the CEO is to become a JSE listed entity.


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#47 Lionelza1

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Posted 28 July 2020 - 10:50 AM

Hi Andi... Any idea what's happening here?

Seems like something is brewing
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#48 andi222

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Posted 03 June 2020 - 10:07 AM

Interesting to note that directors have bought quite a lot of shares. In total the following shares where purchased from directors in the last month:

 

Johann Nel: Total shares bought 2 925 000 @ 0.26 cents per share

Andrew Murgatroyed: Total shares bought 202613 @ 0.25 cents per shares

 

Its a good sign that these directors have bought some shares. 

 

Also the COVID19 app that 4Sight has launched is another sign how fast 4Sight can adapt to any situation.

 

 


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#49 andi222

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Posted 21 May 2020 - 03:54 PM

Lol period for the warrants ended yesterday and surprise surprise looking at today's order book all those big chunks of shares for sale to keep the price down from 25 to 30 are gone.

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#50 andi222

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Posted 07 May 2020 - 10:32 AM

I did some calcs on the shareholding with the following options: 

 

1) Current shareholding: 791 Million shares in issue - Public owned 23% 

 

2) Total shares issued after warrants (assuming issued at 25 cents): 991 Million - Public owned 18%

 

3) Total shares issued after Digitata deal and warrants: 700 Million - Public owned 26%

 

So at the end we as shareholders do benefit out of this deal. Also that other directors are buying shares is a good sign at the moment. 

 

Yes Swanepoel, Botha and Tzitzke will be the major shareholders however non of them will hold more than 30% individually after the deal. 


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#51 Blackobar

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Posted 04 May 2020 - 01:24 AM

Management is keeping that price at exactly 26 cents. Can't believe that this is legal what they are doing. See daily management purchases.

Management is buying all shares below 27 cents and they are ensuring that no one goes above the 27 cents by placing ridiculously high numbers of shares to be sold. Look at the range around 27 and 30 cents.

I will monitor it closely when the warranties period is over if those shares to be sold just disappear.


After you posted this, I went out & checked it. They are definitely holding that Sp at that position, it's on consistent maintenance. I believe these are the new guys entrusted with the duty of turning the ship around? They seem corrupt to me.
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#52 andi222

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Posted 29 April 2020 - 09:54 AM

Management is keeping that price at exactly 26 cents. Can't believe that this is legal what they are doing. See daily management purchases.

 

Management is buying all shares below 27 cents and they are ensuring that no one goes above the 27 cents by placing ridiculously high numbers of shares to be sold. Look at the range around 27 and 30 cents.

 

I will monitor it closely when the warranties period is over if those shares to be sold just disappear. 


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#53 andi222

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Posted 15 April 2020 - 03:17 PM

Another directors dealings yesterday.

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#54 andi222

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Posted 14 April 2020 - 04:30 PM

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


DEALING IN SECURITIES BY A DIRECTOR OF THE COMPANY


The following information is disclosed with regard to dealing in securities by a director of the Company:

Name of director: Johan Nel
Transaction date: 9 April 2020
Class of securities: Ordinary shares
Number of securities: 1 077 595
Highest traded price for the day: ZAR 0.27
Weighted average price per security: ZAR 0.26011
Lowest traded price for the day: ZAR 0.22
Total value: R280 297.25
Nature of transaction: On-market purchase of ordinary shares
Nature and extent of director’s interest: Direct beneficial
Clearance to deal received: Yes

14 April 2020


Designated advisor
Java capital


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#55 andi222

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Posted 10 April 2020 - 02:24 PM

Thanks for the heads up. Can you please provide details of the warrants. I had a quick look at their SENS but found nothing for 2020.

 

So 4Sight still has around 4 Million Dollar of deferred vendor liabilities. The profit warranties have been achieved so they will get settled by issue of shares. The issue price will be the 30 day weighted average before auditors give approval. So I think this will be April. Currently the 30 day average sits at around 25 cents. So I think that at the end of this month or next month another 280 000 000 shares will be issued. 

 

What does that mean for us: (After disposal of Digitata)

- Equity will be increased by 4 Mil. So total Equity will be at 25 Million. New issued share capital will be around 780 Mil shares. So NAV per share of 0.032. 58 cents.

- Tangible NAV will increase from 0.004 to 0.008. So tangible NAV will be 14 cents

 

Why I'm still invested:

- New management will be the largest shareholder so they have a personal interest to drive up the price. They are really competent.

- Basically no debt and a strong balance sheet with high levels of cash

- Strong cash flow generation.

- The remaining business generate an EBITDA of around 5 Million Dollar. Which value the company at around 40 and 50 Million Dollar. Or between 700 and 900 Million rand. 

- Strong growth opportunity going forward and they got rid of all subsidiary which stopped a clean audit opinion.

 

So overall I still see great potential and finally they do not have stones in the way that hinder the growth.

Again this is only my personal opinion and no advice to buy or sell any shares. 


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#56 Shi

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Posted 10 April 2020 - 12:19 PM

They can't allow it to close the day below 20 for a few days. I think they are looking for an average price of around 25 to close the warrants. Which would be ok for me. Then basically all liabilities are gone and we are good to start a fresh chapter. 

 

Just give it a few more months. If u want to exit there is a bid currently at 25 for 1.6 Million shares lol

 

Thanks for the heads up. Can you please provide details of the warrants. I had a quick look at their SENS but found nothing for 2020.


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#57 Lionelza1

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Posted 09 April 2020 - 05:52 PM

Yeah I'm doing the same. I still feel this share is way undervalued. I'm using Investec in SA for the JSE and ING for shares in the rest of the world haha.


OK cool thanks... Will look into those options
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#58 andi222

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Posted 09 April 2020 - 04:11 PM

Hhmm so I guess I shud sit tight lol... What platform r u using? Fnb sucks

 

Yeah I'm doing the same. I still feel this share is way undervalued. I'm using Investec in SA for the JSE and ING for shares in the rest of the world haha.


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#59 Lionelza1

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Posted 09 April 2020 - 03:44 PM

They can't allow it to close the day below 20 for a few days. I think they are looking for an average price of around 25 to close the warrants. Which would be ok for me. Then basically all liabilities are gone and we are good to start a fresh chapter.

Just give it a few more months. If u want to exit there is a bid currently at 25 for 1.6 Million shares lol


Hhmm so I guess I shud sit tight lol... What platform r u using? Fnb sucks
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#60 andi222

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Posted 09 April 2020 - 03:27 PM

Let's hope it doesn't go too far below 20c....volumes have been boring past couple weeks

 

They can't allow it to close the day below 20 for a few days. I think they are looking for an average price of around 25 to close the warrants. Which would be ok for me. Then basically all liabilities are gone and we are good to start a fresh chapter. 

 

Just give it a few more months. If u want to exit there is a bid currently at 25 for 1.6 Million shares lol


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