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Look at the balance sheet on that last SENS, cash position is still solid for a pre-revenue play burning through runway on product dev. People panicking at R0.02 don't understand where Shopify was in 2010, ja ngl this is the exact stage where winners separate from noise.
VIS getting smashed but honestly at R0.02 the valuation is starting to look interesting if you believe in the digital signage story long term. problem is rand weakness and load-shedding still killing capex spend across retail, so recovery's gonna take time. long-term view hasn't changed but ngl the macro headwinds are real right now.
vis sitting at r0.02 is basically a penny stock now. balance sheet got hammered, cash position weak. hard to see the digital signage story working when the whole sector's contracting and load-shedding's killing retail foot traffic. might be a turnaround play if they cut costs properly but feels like catching a falling knife here.
All my junk is red and vis is basically sitting at penny stock levels now at r0.02. Company's been quiet on sens which is never a good sign when you're fighting for relevance in digital signage. Gonna be shocked if they can turn this around without some serious capex or a deal announcement, feels like the market's already moved on.
At R0.02 you're pricing in basically nothing. The question is whether they can actually land contracts with the big retailers or corporates, because without revenue traction this just sits here. Digital signage should have a decent runway in South Africa once load-shedding settles and businesses start spending again, but they need to prove it on the books first.
at R0.02 you're pricing in basically zero revenue growth and probably expecting another round of dilution. the cash position matters here, need to check the latest sens on whether they've burned through anything since last filing. if they've actually landed those digital signage contracts they mentioned in md&a, this gets repriced quick, but that's the bet you're taking.
vis at r0.02 is brutal ngl, but display tech isn't going anywhere. problem is they've been quiet on sens and the rand's been rough on their imports. if they can stabilize cash flow and pick up some retail contracts again, long game could pay off, but right now feels like bleeding money waiting for a turnaround.
Wow, VIS jumped 33% today to R4.00, that's mental! I'm wondering though if this is just a one-day spike or if there's actually something changing in the tech space that makes it worth holding long-term instead of just grabbing an ETF that tracks the whole sector.
Current R 0,03 — 50% of range
Fundamentals sourced from JSE disclosures. Updated quarterly.