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4 Sight (4SI)


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#61 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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#62 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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#63 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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#64 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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#65 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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#66 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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#67 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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#68 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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#69 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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#70 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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#71 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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#72 Lionelza1

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Posted 23 March 2021 - 04:21 PM

Looking good
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#73 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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#74 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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#75 Bushmanbob

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Posted 18 March 2021 - 02:45 PM

Excited for the results here at the end of the month. Expecting positive news. Simply Wall Street valuation is close to R4 per share.

Any idea when exactly the results will be announced / published?  They don't seem to list dates on their website (unless I am blind).  


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#76 Sleepwa123

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Posted 17 March 2021 - 08:02 PM

Excited for the results here at the end of the month. Expecting positive news. Simply Wall Street valuation is close to R4 per share.
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#77 andi222

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Posted 08 March 2021 - 03:02 PM

I'm only expecting bigger movements when we get a trading statement later this month. So for now I'm holding to see what happens. Might still get some at around 25 to 30 cents.

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#78 Bushmanbob

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Posted 08 March 2021 - 02:15 PM

Nice little bump today - back to 26 November 2020 levels on nice volume.  Be really good if it could break the 40c mark. 


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#79 Bushmanbob

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Posted 10 November 2020 - 04:39 PM

Sure, I cannot divulge everything but in short - I focused mainly on the fundamentals of the industry and 4 Sight Holdings. The tech industry as a whole has seen huge upward demand for tech, especially cloud based service spending, which was up globally by 37% in the first quarter of this year, this was largely due to the "work-from-home" movement adopted globally due to the pandemic. The upward trend is likely to flatten yet remain upward sloping even after the pandemic is under control as many businesses will remain using a "work-from-home" policy due to the benefits. This increased tech demand was seen in 4 Sight's interim results with operating profit up around 114% compared to the prior, interim results, further to this their cash generated from operations is up over 300% for the same periods under review. This all bodes well for a company run by a strong management team looking to take full advantage of the opportunities covid has presented them with.

 

They also have around $9 000 0000 of assets held for sale, which given the current trend in the technology industry they should receive fair value for and be sold off relatively quickly.. This when sold will allow them to remove the $3 000 000 associated debt.

 

Their balance sheet is very strong for a small cap company with cash reserves of around $3 000 000, total liabilities being around $9 000 000 and total assets at around $38 000 000. This will provide them with sufficient liquidity to take advantage of growth opportunities when presented.

 

I am also a fan of the way management came across in the integrated report, they recognize the importance of a sound, text-book strategy and have centered their strategy around "Blue-Ocean Strategy".

 

On a personal note I have heard very positive things about CEO, Tertius Zitzke. From what I hear he is very astute and will take 4 Sight Holding's from strength to strength.

 

Read up a bit on the growing demand for the tech industry and go through 4 sight's financials. I see huge opportunity and buy whenever I can - it is a pity the shares are so thinly traded as volume is hard to come by.

Thanks for sharing this!


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#80 David-89

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Posted 10 November 2020 - 03:47 PM

Agreed. I see so much value in this share.

 

Would you mind sharing some of your insights/reporting David?

 

Sure, I cannot divulge everything but in short - I focused mainly on the fundamentals of the industry and 4 Sight Holdings. The tech industry as a whole has seen huge upward demand for tech, especially cloud based service spending, which was up globally by 37% in the first quarter of this year, this was largely due to the "work-from-home" movement adopted globally due to the pandemic. The upward trend is likely to flatten yet remain upward sloping even after the pandemic is under control as many businesses will remain using a "work-from-home" policy due to the benefits. This increased tech demand was seen in 4 Sight's interim results with operating profit up around 114% compared to the prior, interim results, further to this their cash generated from operations is up over 300% for the same periods under review. This all bodes well for a company run by a strong management team looking to take full advantage of the opportunities covid has presented them with.

 

They also have around $9 000 0000 of assets held for sale, which given the current trend in the technology industry they should receive fair value for and be sold off relatively quickly.. This when sold will allow them to remove the $3 000 000 associated debt.

 

Their balance sheet is very strong for a small cap company with cash reserves of around $3 000 000, total liabilities being around $9 000 000 and total assets at around $38 000 000. This will provide them with sufficient liquidity to take advantage of growth opportunities when presented.

 

I am also a fan of the way management came across in the integrated report, they recognize the importance of a sound, text-book strategy and have centered their strategy around "Blue-Ocean Strategy".

 

On a personal note I have heard very positive things about CEO, Tertius Zitzke. From what I hear he is very astute and will take 4 Sight Holding's from strength to strength.

 

Read up a bit on the growing demand for the tech industry and go through 4 sight's financials. I see huge opportunity and buy whenever I can - it is a pity the shares are so thinly traded as volume is hard to come by.


Edited by David-89, 10 November 2020 - 03:50 PM.

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