Isa Holdings (JSE: ISA) share price, discussion & sentiment

ISA up 10% today is decent but still lagging peers like Altron who've actually grown revenue. At 2.20 the valuation is cheaper for a reason, so I'm waiting to see if this bounce holds before adding.

Do you think the market's pricing in any actual earnings growth here or just betting on a turnaround story. R2.05 is pretty cheap but cheap doesn't mean the cash burn stops.

Listen, ISA at R2.05 is essentially venture capital pricing for a tech play in SA. Yeah we're pre-revenue but look at what happened to the Naspers ecosystem plays once they matured, can't fix stupid if you're selling now. The bet here is whether management can execute on whatever they're building, and that's why you don't go all in but you don't laugh at the entry either.

ISA sitting at R2.05 with basically no analyst coverage, which means either nobody's looked or there's something to find. The tech space locally is thin on decent plays so if these guys are actually executing on their backend services side, could be interesting at this price before someone notices the numbers.

isa at r2.05 is basically free money if they can actually scale that tech stack. problem is nobody knows what they're building half the time, which means either genius or complete flop, no in between. reckon the boys sitting on this know something.

isa sitting at r2.09 with tech sector getting hammered on rate fears but long-term view hasn't changed, local tech plays are cheap right now if inflation actually starts cooling. rand weakness is pushing some offshore earners but isa's mostly domestic so that's not helping, will keep holding as long as it takes.

ISA sitting at R2.09 is decent value if they can actually grow the local tech stack they've built. problem is we dont hear much about revenue growth or new contracts, just the listing price holding. compare that to other jse tech plays and youre waiting for a catalyst. long term though, sa tech talent is real and if they scale beyond johannesburg this could run. glta

interesting numbers on isa if you dig into the cash position relative to market cap, fwiw. at r2.09 the thing's barely trading on earnings and the tech stack they've built locally doesn't have much competition. could be wrong but if they can stabilize revenue next reporting cycle this could run hard, especially if the rand stays weak and offshore stuff becomes pricey for local companies.

not sure about this one, revenue's basically flat and we're sitting at R2.09. what's the actual growth story here if the top line isn't moving. could be wrong but hard to get excited without seeing some real traction.

imo the thing that worries me is the lack of clarity on what's actually driving revenue. at r2 you're paying for a story more than numbers, and until management gives us something concrete on the tech side or a real earnings beat, hard to see what anchors this valuation. been watching for quarterly catalysts but fwiw nothing's jumped out yet.

isa sitting at r2.00, volume dried up lately

isa sitting at r2.00 is interesting but the volumes are rough, hard to trust moves when youre getting shaken out constantly. the tech play locally is thin so if this ever gets real institutional backing could run but right now feels like a holding pattern. might be worth watching earnings but not touching til something changes.

Good Morning Everyone, ISA closed R2.00 yesterday, market cap sitting around 700m if we use full share count. Tech plays on JSE are thin, most guys chase the big caps, but ISA's got room if they can actually grow revenue. Haven't seen solid numbers lately though, that's the problem.

ISA at R2.28 is cheap but needs to show something. Tech stocks around here trade on contracts and revenue growth, not hope. Once they land a decent client and start publishing actual numbers, then it runs. Simple as that.

ISA AT R2.28 IS A STEAL!! TECH PLAYS IN SA ALWAYS SLEEP UNTIL THEY DONT, LOOK AT WHAT HAPPENED WITH THE OTHER GUYS WHEN THEY GOT TRACTION. THIS ONE HAS LEGS AND THE MARKET HASNT WOKEN UP YET. MASSIVE UPSIDE FROM HERE!!

ISA sitting at R2.28 and everyone's crying about no revenue, but look at what Naspers was doing pre-scale. We're a pre-revenue company building something in tech, can't fix stupid. The rand weakness actually helps local tech plays long term, just need patience on this one.

ISA sitting at R2.28 is pretty quiet for a tech play on the JSE, not much volume to speak of. Tech sector locally has been rough with load-shedding hitting data centers and software companies hard. Worth watching if they drop below R2.00 but need to see actual earnings before jumping in, too many unknowns on what they're actually doing.

ISA at R2.28 is basically a lottery ticket with a tech label on it. volumes are thin as a poor mans wallet and nobody knows what theyre actually making money on. if theres a rand weakness play or some infrastructure angle lurking in there fair enough but youre catching a knife blindfolded.

Been digging through ISA's latest MD&A and the cash position is concerning me, mate. Tech plays on the JSE usually need runway to scale but they're burning through reserves pretty quick relative to revenue growth. Unless there's a major contract win coming or they pivot the business model, this looks like a value trap at R2.28 rather than a turnaround story.

Spent last night on ISA's latest results, balance sheet holding up