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Sparta Capital Ltd. V.SAY

Alternate Symbol(s):  SCAXF

Sparta Capital Ltd. is a technology-based company. The Company is focused on integrating emerging technologies. The Company is strategically positioned across three business verticals, each engineered to integrate technologies and drive sustainable growth: Environment, Health, and Transportation. Environments include ERS International, which is a waste management operation with its proprietary e-waste processing technologies. Health includes Sparta Health Corporation, which is a vertical harnessing the power of artificial intelligence (AI), machine learning (ML), and augmented reality (AR), to develop technologies that enhance personalized patient care and improve treatment outcomes. Transportation include TruckSuite, is a comprehensive suite of products and services designed to keep trucks operational and drivers competitive. TruckSuite offerings enhances the logistics and transportation industry. Its subsidiaries include Re-ECO Tech Electronic Conversions Ltd and Illumineris Inc.


TSXV:SAY - Post by User

Comment by Smokey1958on Dec 30, 2021 12:16pm
191 Views
Post# 34271142

RE:Bless Tax Loss Selling

RE:Bless Tax Loss Selling

I too still consider SAY to be a significant longterm hold, Buda. The 2021 annual financials should be out by the end of January, if history repeats itself. As always I most look forward to the MD&A that comes out with these. Not only will it provide an overview of the last year but will also present a forecast of the expectations for the new year.

In spite of ithe sp moving toward its year long low (a great time to buy), Morningstar's Fair Value sp is $.12. Their algorithm, changed months ago to reflect a more conservative approach, compares a company like Sparta to other companies in the same sector that includes analyst perspective. Clearly at $.04 Sparta is significantly undervalued.

The strongest levels of support are all at $.04 and there appears to be weak resistance after $.05. I agree, 2022 could be a transformative year.

GLTY ....and GLTE holding patiently long.


Budaman wrote: When I saw this hit $0.04/share today, I reached for the extra strength tums in my desk drawer. It occurred to me as I was chewing my fourth tablet and enjoying the taste of acid in my throat, while sucking back my second pot of coffee (made the correct Swedish way of one scoop per cup and more if I want stronger) that nothing has changed for Sparta. There has been no negative news and it looks as though they continue to make inroads on multiple revenue streams. My investment remains as secure as can be expected. I am excited for the next set of financials. Does anyone have a reference on when they are to be released? 2022 should be the year of mega announcements. In my opinion only. Thanks-Buda.

 

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