Alaris Holdings is probably not in the sights of mainstream market participants. Tucked away on the JSE’s AltX board, this specialised counter first came to the market as Poynting Holdings, amid the euphoria of the 2007 listings boom.Its strategy went somewhat awry not long after listing, and the share disappeared off most investors’ radars. Most experienced market watchers know that small new listings tend to be overambitious and often lose sight of fundamentals in pursuit of growth. This often puts a company in a compromising position.In the darkest hours for Alaris, or Poynting, PSG surprisingly stepped up. It helped the company rebuild its ravaged balance sheet and simplify its operational structure. The share was trading as low as 50c as recently as 2013, so some success has been achieved in terms of firming up sentiment. The risk at Alaris, though, is its uneven revenue generation — which might require investors to take a leap of faith during "quiet" reporting periods. Of cour...

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