$VSBGF VSBLTY Groupe UpdateBroader markets are pulling back and $VSBGF has found it's footing. There's been recent communication from the CEO regarding partnerships and what's shaping up to be potential of an acquisition (rumor).
VSBLTY continues to land deals and the recent fundraising wasn't received well in the markets during a down cycle... but peeling back the layers, it's evident this isn't a dilution so much as giving runway for takeoff.
The market downturn has impacted the price, but it's not throwing money away imo... I am continuing to DCA into a company with a significant value add to to retail and security.
Strong Buy from my perspective.
Vsblty
VSBLTY Groupe VSBGF Continues Growing$VSBGF recently took a dip, not only because of the broader "risk-off" environment and economic headwinds... recently announcing 16.7 million shares at a $0.30 offering with a warrant for additional purchase of common stock at $0.50 as well as private sale of 10 mil units for $3 million USD.
Market response was bearish, on the surface this is seemingly bad as shareholders are diluted... however, peeling back the layers reveals Jay (CEO) and team are continuing to land big partnerships and agreements in the retail space.
DYOR and you'll find tremendous building tailwinds and a company delivering against a bullish impermanent plan and a very bright future.
Their tech is innovative and a significant value add to the market. Don't lose sight of what they're doing and don't fall asleep as the delivery begins yielding more revenue and in short order, profits.
Upcoming $VSBGF Earnings - Price TargetNew company with a very bright future.
VSBLTY Groupe Technologies Corp $VSBGF earnings report is expected on May 4th. The company has just begun to turn profits, signed numerous big name agreements with global companies, and continues to present a very bright future.
Sensors & displays in retail sales environments, artificial intelligence, security... this is a sleeping giant.
November 21 earnings resulted in >30% spike in the face of broader market downturn and macroeconomic headwinds pulling the company down.
The more broad negative market sentiment presents a rare opportunity to continue to load up on shares prior to the next earnings report on 4 May.
The stock is significantly undervalued with revenue projected to increase >45% this year
PE of -6.7x, market PE is 44.5x & the broader market is 12.6x
As a nascent company with a strong pipeline and implementations on track, the PB rating of 17.8x is just scratching the surface as it has just a 16% debt to equity ratio.
Is it Christmas already?Anyone who has been watching the share over the last few days was able to see beautiful positive price jumps upwards. Who is invested probably does not come out of the grin any longer. Accompanied by company news and new strategic alliances, some of which have already been hinted at in the last few days, which could be learned from the live interviews of Wall Street Reporter with CEO Jay Hutton on youtube.
Last week of news : VSBLTY, GRUPO MODELO, AND RETAILIGENT SIGN
Today the news: VSBLTY SIGNS OEM AGREEMENT WITH IMBERA, THE WORLD LEADER IN COMMERCIAL REFRIGERATION
And more will follow in the near future. Yes, and some of them have already been announced. If you look at the price development of the last 2 weeks in connection with the volume, you can see what is going on in the market. VSBLTY is on everyone's lips ! And the news is very very very good. The expected profits and sales will be great. So you are not really surprised about the current development of the share price. And it is also not difficult to understand why I clearly see a LONG scenario here, even if the one or other fluctuation will come.
Currently, I see the price on an hourly basis in a completed retracement ( BC ) and expect a clear if volatile PUSH movement (CD) right after the market opening. So if you were wondering what level the price is at right now, right now, I see it at the beginning of the next PUSH the current Fibonacci and expect the price target of .94 (161.8%) - 1.30 CAD (261.8%). So 1.) not too late now and 2.) probably still a very good entry point possible.
In this sense - good luck to all of you!
mophi
And please remember. Act according to your own plan. These are ideas to the best of your knowledge and belief. Nevertheless think twice and then act on your own responsibility. The ideas are a purely personal interpretation. They are not guarantees, investment recommendations or an invitation to act on them.
A-B-C-D Fibonacci Swing to the next outbreakNice retracement including a precise backtest of the broken downward trend line (April 28 - October 13) on point C | .21 CAD. All points for a stable push upwards are worked off. Next expected Fibonacci target point D | .35 CAD.
Act according to your plan. These are ideas to the best of my knowledge and belief. Nevertheless think twice and then act on your own responsibility. The ideas are a purely personal interpretation. They are not guarantees or investment recommendations.