BAC

Africa Bitcoin CORP (JSE: BAC)

Last traded
R5.00R0.00 (+0.00%)In buy zone
Open
R5.00
Prev Close
R5.00
Day High
R5.00
Day Low
R5.00

Key statistics

Key statistics for Africa Bitcoin CORP LTD (BAC)
Market capR171M
P/E29.4
EPSN/A
Div yieldN/A
52W highR11.00
52W lowR0.05
Volume1
ListedN/A

Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 13 live member stances recorded by registered members on this page.

Filter:Ask about BAC
PE
Pete van W.@pedant_pete·MemberNeutral

BAC sitting at R9.19 with crypto sentiment still fragile across the board. The crypto exposure is a double-edged sword here: upside potential if Bitcoin finds its feet again, but the JSE isn't exactly packed with believers in this space right now.

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SW
swordfish@swordfish_sa·Neutral

BAC sitting at R4.00 after that crypto selloff last month. Anyone reckon the Bitcoin exposure is a net positive for JSE investors or just adding volatility we don't need in a tech play?

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JI
jim4@jim_jse4·MemberNeutral

@julianreins_jse spot on, retail always sells the dip before reading the actual numbers. BAC's margin pressure is real but not terminal, and if the rand weakness sticks around that FX tailwind alone justifies R3.50. Seen worse recoveries than this.

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K.
K. Maphosa@k_maphosa·Neutral

bac sitting at R3.50 but balance sheet still looks weak compared to the majors. earnings haven't justified the price in months. what's the actual catalyst here or we just holding bags.

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CO
CoachBombay@bombay_coach·MemberNeutral

BAC sitting at R3.50 is mental value if they can sort the balance sheet out. They've got decent assets on the books but the debt ratios are what's keeping it pinned down, similar situation to where PSG was two years back before the turnaround. Long term play if management actually executes, could see this double once they prove the operational stuff works. GLTA

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JA
Janet M.@jozi_janet·Neutral

@julianreins_jse spot on, the rand weakness actually helps BAC's export side and most people sleeping on that. Margins are still solid if you look at the actual numbers not just the panic selling. At R3.50 this feels like where the smart money accumulates before the next leg up imo.

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TH
Thuli N.@thuli_dd·MemberNeutral

Reading the latest MD&A [LINK]

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JU
julianreins@julianreins_jse·Neutral

BAC sitting at R3.50 is where you'd want to be accumulating if the rand stays weak. Check the latest SENS filing, they're still guiding on volumes through Q4 and margins haven't collapsed like the market thinks. Most retail here doesn't read past the headline numbers.

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KE
Keegan W.@growthstack_za·Bearish

BAC getting hammered 47% today is brutal, but I'd need to understand what triggered this collapse before panic selling. A crypto-exposed play bleeding this hard usually means either regulatory news or a major narrative shift in the digital assets space, so worth digging into the

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SI
Siyabonga K.@siya_jse_daily·Bearish

BAC down 47% today, eish that's a proper shellacking. Makes me wonder if the crypto stocks are getting hammered harder than the broader Tech index right now, or if this is just BAC-specific bad news?

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TH
Thandi Z.@thandi_long_term·Neutral

BAC sitting flat at R975 while the crypto narrative shifts almost weekly. For those of us building wealth over decades, does the blockchain infrastructure play make sense here, or are we essentially betting on sentiment cycles that'll keep us up at night?

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MB
Mbali Z.@mbali_hates_volatility·Bearish

Staying well clear of BAC at R985 after today's 228% spike. that kind of volatility is antithetical to everything I build my portfolio around, and I'd rather sleep at night with predictable 10-12% annual returns from quality dividend stocks than chase cryptocurrency-adjacent play

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DI
Dineo M.@dineo_etf_curious·Bullish

Added BAC to the TFSA this month at R979.00. 5-year view, not bothered by short-term noise.

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LE
Lebza T.@lebza_community_invest·Bullish

BAC sitting at R990 today after that small dip, but Bitcoin plays still got long-term juice in my opinion. Our stokvel is holding tight because the crypto story in Africa is far from over.

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