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Pivot Technology Solutions Inc. T.PTG

"Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services. The company derives the maximum revenue from the ProSys segment which sells storage, server, and IT infrastructure consulting solutions to enterprises. Geographically, it derives majority revenue from the United States and also has a presence in other countries."


TSX:PTG - Post by User

Comment by kulewateron Jan 10, 2019 7:41pm
75 Views
Post# 29215677

RE:RE:RE:Something to not forget

RE:RE:RE:Something to not forgetOOps. Hate to say I called it but..

kulewater wrote: As mentioned previously, the company better come through in Q4 or it will be another 20% drop. If they miss on guidance in what is typically their strongest seasonal quarter it may put into question the dividend moving forward.

The state of tech and decline of business investment in IT the last few quarters is a ternd which may continue well into 2019.

Just my two cents.


Hopefully they reaffirm the dividend. I see this Q being indicative of a spending slowdown across the USA for tech and other assets. Not a great 2019 coming for investors of these equities.
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