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Victory Square Technologies Inc. (VST.CN)

Canadian Sec - Canadian Sec Real Time Price. Currency in CAD
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0.1400-0.0050 (-3.45%)
At close: 02:41PM EDT

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  • j
    jim
    Is this a real company? I've checked with my broker and others and even on bnn when i called in, no one has ever heard of them, Do they not promote there company?
  • E
    Epsilon
    Great company, nice vision.
    Numbers are increasing.
    I would estimate $.80-$1,40 next 2-3 years
  • D
    Dan
    Just read the corporate update, looks really good. The unaudited NAV is over 89 million. The portfolio highlights are quite impressive as well. I am cautiously optimistic in spite of the disappointing share price.
  • E
    Epsilon
    Second quarter 2022 earnings released: CA$0.05 loss per share (vs CA$0.06 loss in 2Q 2021)
    Second quarter 2022 results:
    CA$0.05 loss per share (up from CA$0.06 loss in 2Q 2021).
    Revenue: CA$1.21m (up 340% from 2Q 2021).
    Net loss: CA$4.92m (loss narrowed 15% from 2Q 2021).
    Over the next year, revenue is forecast to grow 170% compared to a 1.9% decline forecast for the Capital Markets industry in Canada.

    Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 12% per year.
  • m
    mike
    My issue has always been…. It’s time consuming and difficult to value a company like this and track down and assess all its parts. Big money might not want that hassle???.
  • f
    f
    I believed in the leaders of this thing big time a few years ago. Cashed out around .65 due to market conditions over a year ago. Wondering #$%$ happened here..... Can anybody provide some incite.... Maybe a steal of it keeps falling??? Anybody?
  • L
    Liberthoth
    Can someone please explain how perhilion acquiring hydreight affects we victory square shareholders? Do we get shares of perihelion once the acquisition goes through?
  • t
    tygo
    Net income for the nine-month period ending September 30th, 2020 was $13,617,124 and earnings per share of $0.18

    Net income for the nine-month period ending September 30th, 2020 was $13,617,124 and earnings per share of $0.18

    Completed an oversubscribed $6.1 Million private placement

    Significant growth by Victory Square companies in key sectors: Digital Health, eSports, Gaming, Crypto, AR/VR, Cybersecurity, Cloud Computing and Plant-based Sciences

    Victory Square spin-off, FansUnite Entertainment Inc., reached $150 Million CAD market cap

    Upcoming Catalysts: Victory Square to spin-off V2G/GameOn and Immersive Tech for public listing; and launch of one-stop-shop virtual health care platform (telemedicine, virtual pharmacy, at-home point-of-care diagnostic testing) in 35 U.S. States with over 10,000 Health Care Professionals

    VANCOUVER, British Columbia, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Victory Square Technologies Inc. (“Victory Square“) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that gives investors access to a diverse portfolio of companies in key sectors including: Digital Health, Gaming, Crypto, AR/VR, Cybersecurity, Cloud Computing and Plant-based Sciences, today provided a corporate update on a record year to date.
  • N
    Naveed
    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.

    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.
  • J
    Jeremy
    VST owns 10-12million shares of FANS which is worth roughly almost 18-20million. That is already a huge chunk of cash, FANS will have an amazing next 2-3 years at least with the way gambling is going, just imagine the income coming in addition with this from other spin-offs. Free shares coming based on holding VST. How could I not try to get as many shares as possible , it’s basically free shares of there new spin off companies , I like to look at it like dividends. Excited for next few years :D
  • P
    P
    VST.CN just received 2 million Covid test kits order from Canada, 4 million test kits within 2 weeks. Management must be confident to sell 9 million test kits per month to organize all these extra production capacity. Assuming 50 cents net profit per kit, that is $4.5 M profit per month. The current market capital is around CAD$55 M, the potential annual profit from the covid test kits is $55 M. Are we sitting on free shares?
  • P
    P
    Nine months earning of $0.18 per share, VST.CN's current share price is CAD$0.53 i.e. P/E is less than 3, upside is huge. The December quarter will include income from all Covid tests sale, I am expecting the full year result comes in at around CAD$0.26 per share in Feb/March.
  • O
    Octavian
    They made $.18/share, so far. By now, it should have been trading @ around $2/share (modestly priced at 10 P/E). As we speak, it is trading @ 4 P/E, therefore undervalued. Given the expected solid earning + recent and future developments, I'd say x10-15 bagger from this level, IMHO.
  • O
    Octavian
    This stock is a bargain as we speak. For the first half of 2020, VSQTF reported earnings of $0.07/share. They already have a 2,000,000 Safetest kits order on the books from TM Safety Supplies of Canada. It's quite fair to project at least 10,000,0000 orders by the end of the year. At around $2/kit profit, that's $20 Mil. Divided by 75 million outstanding share, that's $0.26/share + $0.07 + whatever other income (let's say none-for now) = $.33/share. @ 10 x P/E, it's $3.33/share. @ 25 X P/E, it's $8.25/share.
  • P
    P
    VST got FDA approval yesterday https://victorysquare.com/blog/victory-square-technologies-portfolio-company-receives-fda-permission-under-eua-for-sale-distribution-of-15-minute-96-6-sensitivity-safetest-covid-1 and has Asian distribution pack today. Good news two days in a row. Those who sold share recently may be sorry for their impatience. As we going into winter and flu season shortly and the covid cases are increasing rapidly recently. Testing is more urgent now particularly low cost and rapid tests are crucial in order to reopen the economy safely. VST is in a good position to win more order. Hold on to your VST shares for a bigger profit.
    Victory Square Health received FDA permission to commence marketing, sales and distribution under EUA for Safetest 15 Minute Rapid Test in the United States on October 9, 2020. The Safetest 15 Minute Covid-19 Rapid Test has a 96.6% Sensitivity Over 7
    Victory Square Health received FDA permission to commence marketing, sales and distribution under EUA for Safetest 15 Minute Rapid Test in the United States on October 9, 2020. The Safetest 15 Minute Covid-19 Rapid Test has a 96.6% Sensitivity Over 7
    victorysquare.com
  • S
    Shlomo
    GREAT Numbers and this was BEFORE the Covid 19 test approval in USA and Europe ...This Company is BRUTALLY Underpriced .. This one will hit new highs soon ...STRONG BUY
    https://seekingalpha.com/pr/17889757-victory-square-technologies-reports-record-net-income-in-first-quarter-2020?source=content_type:react|first_level_url:news|section:main_content|button:body_link
  • J
    JohnnyCash33
    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.

    Hope this helps and GLTA!
  • M
    Mark
    any updates?
  • g
    gordon
    Fans did financing at .40 and dropped to .20 the next day. Look at it now. Vst did financing at .55 now it’s below .40. My point is - Rome wasn’t build in a day. Do your research and check the balance sheets. Next quarter vst report is due out next week. I do not believe there will be the COVID sales on it but I think you will see a growing profitable company quarter over quarter.
  • r
    rg
    just announced the approval of the 15 minute VS SARS covid-2 antigen rapid test.

    We are about to take off to another galaxy today everyone. Lock in your trades.... should see .80-.95 today for sure