Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Sparta Capital Ltd SCAXF


Primary Symbol: V.SAY

Sparta Capital Ltd. owns a controlling interest in a network of independent businesses, which supplies energy-saving technologies designed to reduce energy inefficiencies, achieve reduced emissions and increase operating efficiencies in various industries. Its businesses are divided into three segments: capturing lost waste energy, converting existing waste for other uses and into new... see more

TSXV:SAY - Post Discussion

Sparta Capital Ltd > Patience!!!
View:
Post by Smokey1958 on Mar 23, 2021 7:01pm

Patience!!!

Two weeks ago Morningstar's Fair Value sp was $.24 and its 1-star valuation, $.64. Today the Fair Value sp was $.21 and the 1-star valuation $.68. So, in spite of market volatility (and the bleeding across the markets over a couple of recent trading days) the analyses remain strong ....as they should.

Barchart's sentiment has dipped a little but is still at an 80% Strong Buy and the resistance levels have converged. All is good provided you're HOLDing long.

Sparta IS NOT a covid play, certainly in the longterm, so the only investors with legitimate complaints are those that 1. don't understand this or 2. wanted to make a quick buck regardless.

Imho the covid returns and revenue generated from the real estate development are clearly shorterm but extremely valuable in developing the longterm, existing divisions of Sparta. Investors used to wait weeks and sometimes months for news ....but like the worlds spawned by emails, texts and voice mails patience in investing seems to be at a premium.

Cheers ...and GLTE
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities