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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

Comment by Smokey1958on May 27, 2021 6:10pm
131 Views
Post# 33283120

RE:RE:Part yes and part no

RE:RE:Part yes and part no

Revenue for 2018 was over $11 million, for 2019 over $11 million. Covid hit the company hard in 2020 and their revenue was cut in half but the business wSas able to keep most employees employed. They have run deficits for each of those three years but cut it in 2019 to 1/3 of what it had been in 2018. 

Sparta has cornered the market in Ontario for electronic recycling ....the profit in that will be in scaling their technology to accept mass quantities of electronic waste. They are also ahead of the curve in converting plastics to fuel ....and continue to expand on this part of their operation. Imho it would be reasonable to expect Sparta to return to pre covid revenues and then much higher based on scaling up these technologies.

I don't completely understand valuation as it should relate to revenue, sp and no. of outstanding shares. Does it make sense to see the sp at $.30 to $.40 should they be able to double or triple revenues? How much of an impact does projected revenue have on a sp. Thete certainly doesn't seem to be any logical pattern based on the markets.

Agree, green is the future and imho Sparta seems to be at the threshold of doing something special in this sector.

GLTY ...and GLTE holding patiently.


stormnp wrote: Hi Buda, thank you for having an intelligent conversation. To me, the biggest long term play are electronic recycling and building energy efficency retrofit. Take a look at the massive government subsity for improving building energy efficiceny. However, i can not find any info about how much revenue and profit electronics recycling plant can make. Not much data. 

For the covid pathgen spary and truck suit software, they are just nice to have. People will quickky forget about it once the pandemic is over. Hope SAY can prove I am wrong. 

https://ca.finance.yahoo.com/news/federal-government-launch-2-6b-080000558.html

 

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