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Sparta Capital Ltd V.SAY

Alternate Symbol(s):  SCAXF

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 consumable forms, and optimizing energy efficiencies. Its subsidiaries include ReECO TECH, Illumineris and SuperNova Performance Technologies Ltd. ReECO TECH collects waste materials with a focus on converting such waste streams into new usable forms. Illumineris has three divisions: the photoluminescent safety products (Safety) division, the comprehensive energy audit (EMD) division and the power-factor correction (Energy Mitigation) division. SuperNova Performance Technologies Ltd. is a division focusing on green initiatives related to combustion, the transportation sector and storage technology.


TSXV:SAY - Post by User

Post by Smokey1958on Mar 19, 2021 5:58pm
234 Views
Post# 32843370

In the End....

In the End........a stock will be valued as it fundamentally should. A late in the day cover, a down day in the markets or bashing/hype is not going to change the reality. Sparta is a fantastic company emerging as a potentially significant force in the new "green" shift.

The analyses paint the same picture. Barchart's assessment has been at a 100% Strong Buy for awhile now. The first resistance level was reached today ....and the sp is always within striking distance of Morningstar's Fair Value sp which sits at or above $.20 .....and that's with no NR.

It's been a great week where SAY has established what seems like a sustainable level above $.15. It's worth remembering that less than a month ago was the end of a period of time where the sp was sitting at $.06.

The next few weeks will be telling ....and all of the pieces point to some great news.

Have a great weekend!!!
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