I think we call this a conundrum. I believe in their business model and I'm buying, especially at this level. The stock itself is completely controlled by the short side. What's up with Immersive Tech? Should have been public by now. Their website says coming summer of 21. Time to make hay!
P
unaudited net asset value of C$110+ million PE ratio of just 2.4x*.
P
VST.CN has been on downward trend since June, will this trend reverses at CAD$0.4?
its been painful to see the price slide for the last month- bought more yesterday but couldnt dent my Avg price significantly. as per IR reply - nothing material has changed in the business and they're on track with execution. so theres a lot to look forward in the near term. Another thing to note in CEOs interview is that unAudited NAV is 190 M, but MC= 50 M, so theres a big disconect. lol
H
Started a position Thursday. Reversal in the making
V
Got out at .54. Sold Get as well. Can’t see value in business model as VST appears to act more like a bank.
J
consolidation... been happy with some of my healthcare stocks( Doc and Well) uptick lately, looking back VST behaves similar to these, not because its a HC stock but rather its in the same solid but speculative stocks plays in the cse space. love to see this consolidation be done and lets all together move up north!!! Still solid catalyst are Fans and GME favorable betting legislations + Healthcare could be a big play considering North America and Brazil for for VSH and Hydr8. most of all as a big tech fan , Im so much bullish on Co pilot and Defi's Covalent!!! Imagine a 50M market cap company that has this, this will be you million dollar stock!!! :)
O
How the heck a company making $.30/share is trading at $.38/share in today's market???
w
When CEO lies to shareholders, the company looses its value and credit. Shafin and Vahid lied to us and pumped $VST on covid test kit sales and NDAs. Which turns out to be a big scam.
C
Support at .485 / Going back to .68. hopefully after.
FWIW, the GameOn CUSIP number and dividend appeared in my TDA account today as a placeholder for the dividend. Once GameOn trades on OTC or an other exchange supported by TDA, I will get the dividend. Passing this along as I know others have posted comments about when they'll get their dividend. GLTA
J
why is this dropping.. nothing but good news and positive earnings...?
L
Curious... Are there any notable companies similar to victory square? As far as I can tell, they are some amalgam of VC firm, ETF, and incubator. I can't think of any company quite like it, and am definitely interested in finding more! Thank you for your time and insights.
N
I contacted investor relations for VST with some concern about disclosure of investments they've made recently. Specifically i want to know how accretive the investments are now so that i can calculate how much impact there will be to the top and bottom line for VST. As well, i inquired about the lack of disclosure related to the COVID test kits. If you recall there were a slew of press release in the early days of VST, but then it just sort of died down with IPO mania.
Here's their response. I'm not too satisfied with this because other companies operating in similar space have given out more disclosure more freely. But VST resists.
Cheers.. --------
Hello Naveed,
Thank you for your email.
I will provide an overview of Victory Square Health in general and specifically the Health Canada Application.
For the COVID test kit sales, I understand that you would like specific details on unit sales, but for competitive reasons that are not possible. Something to note is that with all of VST’s privately held portfolio companies, they do not typically have an obligation to report detailed items related to their operations, as that is a key benefit of being private vs publicly traded. Specifically for unit sales, the reason is this: VSH has a relatively small number of distributors for their testing kits, and some of them do the majority of the heavy lifting in terms of sales. If total unit sales were to be disclosed publicly, their distributors would easily be able to know exactly what percent of total sales they are responsible for. Those distributors who sell the most would then be able to come back to VSH with leverage “We sell far more than your other distributors, so you better start giving us preferential rates or we’ll cancel our contract”. This would be an obvious negative for VST. The best way to evaluate the success of any of VST’s portfolio companies is through the valuation of each company when compared to the initial valuation when VST invested.
Nothing has changed from what has been announced through our press releases, if there were to be a change, we would be obligated to report. VSH sells COVID tests in Brazil, with VST handling sales everywhere else. Because VST has been particularly busy with GameOn, Hydreight etc.. VST has been passing more sales leads to VSH to handle for the time being, as their logistics systems are already set up. As for Health Canada status, VST is still awaiting approval. VSH has signed distribution agreements with companies who have already received Health Canada approval to fulfill some of their Canadian orders, while they are waiting for their HC approval. With the time-sensitive events such as Immersive Tech and GameOn, there has been more news and updates related to those initiatives - which in no part means that VSH has gone idle.
Regarding the new acquisition, this has the same situation when it comes to Victory Square Health. Private companies do not typically have an obligation to report detailed items related to their operations. I cannot provide any details regarding the subsidiary's hospital financial performance due to these regulations.
Great buying opportunity or just the beginning of a landslide?
L
Victory is doing business with Fansunite and Fans it taking off. Bought Vst at the dip.
a
Still have not received my dividend in Schwab and Fidelity. Anyone else in this situation?
J
People runt about the price after hold 2 weeks... Held this since .40s and bought more as high as .87, cost avg is .66 now with 38k shares- goal is to hit 50k, never sold a single share.- you can check my posts it validates as I never post a lot- this time I have to share, for long interests and for those who are a little scared.- Not a pump but rather facts :
the unique thesis: 1. 20 shots of the strong players in web 3.0. if your not an accredited or institutional Investor, kiss your access goodbye. - check co pilot, Fans, Immerssive, Gameon, Covalent and more- just hands down game changer!
2. MC is 60M, PE 2-3, $6M Q1, $19 M FY 2020- I do not know of a company , moreover a small cap that has this ratios
3. 2017- price $2-3 Cad when it was just planting, 2021- Price $.64 when were starting to harvest?? Insane
4. The only small caps I know that is Ebitda Positive is Well.to- Rode this since 1.7- 9 Cad and still kept a small position- and is a now a unicorn. another is Ecom.v which just traded almost 6 month ago - yet to be tested.
5. I wont wanna make the same mistake I did with CBDT- bought $.03-.07 50K sold in trances at $.18- 10K, .90s - 10k and 2s- 23k , reserved only 2k now, Exro at $.4s adn sold at mid 3s. , or stne got at $20s and sold at $38... I got spooked and decided to take some profits on the run ups when I could have maxed out on profits... nope. this will be a hold an collect.
Final Thoughts: This one of 2 of my larger microcap holdings that stands out mainly on fundamentals, it feels like a BRK 50yrs younger lol. Fundamentals are solid and audited- on the technical aspects- its looks as if its held down for a purpose, maybe shake out some weaker hands for bigger players to accumulate. This could be another multi bagger just waiting for the right catalyst.
PE ratio of just 2.4x*.
Another thing to note in CEOs interview is that unAudited NAV is 190 M, but MC= 50 M, so theres a big disconect. lol
Still solid catalyst are Fans and GME favorable betting legislations + Healthcare could be a big play considering North America and Brazil for for VSH and Hydr8.
most of all as a big tech fan , Im so much bullish on Co pilot and Defi's Covalent!!! Imagine a 50M market cap company that has this, this will be you million dollar stock!!! :)
Here's their response. I'm not too satisfied with this because other companies operating in similar space have given out more disclosure more freely. But VST resists.
Cheers..
--------
Hello Naveed,
Thank you for your email.
I will provide an overview of Victory Square Health in general and specifically the Health Canada Application.
For the COVID test kit sales, I understand that you would like specific details on unit sales, but for competitive reasons that are not possible. Something to note is that with all of VST’s privately held portfolio companies, they do not typically have an obligation to report detailed items related to their operations, as that is a key benefit of being private vs publicly traded. Specifically for unit sales, the reason is this: VSH has a relatively small number of distributors for their testing kits, and some of them do the majority of the heavy lifting in terms of sales. If total unit sales were to be disclosed publicly, their distributors would easily be able to know exactly what percent of total sales they are responsible for. Those distributors who sell the most would then be able to come back to VSH with leverage “We sell far more than your other distributors, so you better start giving us preferential rates or we’ll cancel our contract”. This would be an obvious negative for VST. The best way to evaluate the success of any of VST’s portfolio companies is through the valuation of each company when compared to the initial valuation when VST invested.
Nothing has changed from what has been announced through our press releases, if there were to be a change, we would be obligated to report. VSH sells COVID tests in Brazil, with VST handling sales everywhere else. Because VST has been particularly busy with GameOn, Hydreight etc.. VST has been passing more sales leads to VSH to handle for the time being, as their logistics systems are already set up. As for Health Canada status, VST is still awaiting approval. VSH has signed distribution agreements with companies who have already received Health Canada approval to fulfill some of their Canadian orders, while they are waiting for their HC approval. With the time-sensitive events such as Immersive Tech and GameOn, there has been more news and updates related to those initiatives - which in no part means that VSH has gone idle.
Regarding the new acquisition, this has the same situation when it comes to Victory Square Health. Private companies do not typically have an obligation to report detailed items related to their operations. I cannot provide any details regarding the subsidiary's hospital financial performance due to these regulations.
Please find the full press release here: https://victorysquare.com/blog/victory-square-technologies-announces-completion-of-investment-in-renewable-energy-company-stardust-solar
Please let me know if you have any questions.
the unique thesis:
1. 20 shots of the strong players in web 3.0. if your not an accredited or institutional Investor, kiss your access goodbye. - check co pilot, Fans, Immerssive, Gameon, Covalent and more- just hands down game changer!
2. MC is 60M, PE 2-3, $6M Q1, $19 M FY 2020- I do not know of a company , moreover a small cap that has this ratios
3. 2017- price $2-3 Cad when it was just planting, 2021- Price $.64 when were starting to harvest?? Insane
4. The only small caps I know that is Ebitda Positive is Well.to- Rode this since 1.7- 9 Cad and still kept a small position- and is a now a unicorn. another is Ecom.v which just traded almost 6 month ago - yet to be tested.
5. I wont wanna make the same mistake I did with CBDT- bought $.03-.07 50K sold in trances at $.18- 10K, .90s - 10k and 2s- 23k , reserved only 2k now, Exro at $.4s adn sold at mid 3s. , or stne got at $20s and sold at $38... I got spooked and decided to take some profits on the run ups when I could have maxed out on profits... nope. this will be a hold an collect.
Final Thoughts: This one of 2 of my larger microcap holdings that stands out mainly on fundamentals, it feels like a BRK 50yrs younger lol. Fundamentals are solid and audited- on the technical aspects- its looks as if its held down for a purpose, maybe shake out some weaker hands for bigger players to accumulate.
This could be another multi bagger just waiting for the right catalyst.
Hope this helps and GLTA!