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Bullboard - Stock Discussion Forum 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... see more

TSX:PTG - Post Discussion

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Post by factRbest on Oct 25, 2019 10:17am

Good and bad

The hopes of entering the 5G space and all it was to offer is no more. Yes could have been very lucrative.

I have had some concern for some time about the spending on SM. The concern stemmed from the fact that 5G roll out does not seem to be going all that quickly.
If it proves to be more of a business rather than retail prodcut then PTG would have been hurt.
I think intel bought it because that is what they are seeing, a business to business opportunity.

Itneresting the purchase price is equal to 50% of PTGs market value.
Does day a lot about the value the market has been putting on the company.
Comment by digitel on Oct 25, 2019 11:29am
This post has been removed in accordance with Community Policy
Comment by factRbest on Oct 25, 2019 12:36pm
Point out the 27 mil was gross proceeds. What they end up with I have no idea. Hope most goes to covering debt as their share count is too low making the share price volitile. Also a 3 year term might not see very extensive market penetration with 5G is that time frame. The next Q numbers should catch the markets attention.
Comment by Capharnaum on Oct 25, 2019 12:57pm
The 3 year term can be extended if PTG does a good job. Also, while non-exclusive, they still were the developer, so they have better knowledge of the technology from the start and the PPA will still get them contracts they might not have without the partnership with Intel. Obviously, I'm not an insider, but I can certainly see why this could be a better move than to develop it all without ...more  
Comment by factRbest on Oct 25, 2019 1:23pm
They got in over their heads with Smart edge. Only for the reason that they are too small. Intel is also getting the lead guy from PTG. TRUE STORY. Few years back I mentioned PTG in conversation. Some time later on of the people there mentioned PTG and how the price had come off. They never knew of PTG until I mentioned it. I had and still have a good amount of shares. I immedately ...more  
Comment by Capharnaum on Oct 25, 2019 11:30am
I do not share that the hope of entering the 5G space is no more. Intel is not a technology integrator and will have PTG as the go-to integrator of the technology. Intel does want to include 5G in its platform and to have such a big company as a partner is a great thing imo. I see it as a positive, get some cash now, get contracts for the technology through the PPA agreement.
Comment by factRbest on Oct 25, 2019 12:28pm
I think you might be reading more into it. Bascially PTG gets another service contract. From the previous news announcing the deal. "In connection with the sale of Smart Edge, Pivot and Intel have entered into a three-year preferred channel partner agreement which designates Pivot as a non-exclusive preferred system integrator and channel partner for Smart Edge based solutions." It ...more  
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