I have always looked at 4Sight as one of those companies that are really trying to innovate their way up. This is a distinguishing factor from the other more established tech companies who rely on selling services to established businesses. South Africa has not seen a lot of push for novel ideas mainly because big companies have vast market to tap for recurring income selling widely available products as partners or resellers. There is a huge gap for intellectual property creation which companies like 4Sight can move via AI & Machine Learning unlocking huge value.
So how would one work a strategy with 4Sight? I would say if you make some money elsewhere & wouldn't need for a while then buy small chucks of 4Sight shares e.g. R1,000 can buy about 4000 shares, doing it over 12 months can result in close to 50,000 shares. If the share attracts larger investors then you can be guaranteed a race to R2 in a short time. This is a share for those with little money to spend who have nothing to lose but see a large upside potential.
The recent fights at the management level did not augur well for those with an interest in the company, it seems the problems were resolved & we hope it's up from here on.
So how would one work a strategy with 4Sight? I would say if you make some money elsewhere & wouldn't need for a while then buy small chucks of 4Sight shares e.g. R1,000 can buy about 4000 shares, doing it over 12 months can result in close to 50,000 shares. If the share attracts larger investors then you can be guaranteed a race to R2 in a short time. This is a share for those with little money to spend who have nothing to lose but see a large upside potential.
The recent fights at the management level did not augur well for those with an interest in the company, it seems the problems were resolved & we hope it's up from here on.
