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Bullboard - Stock Discussion Forum Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Sangoma Technologies Corporation is a provider of managed cloud-based communications and technology solutions for businesses worldwide. The Company offers a comprehensive suite of cloud-native communication solutions, including software, endpoints, and connectivity services. It offers a complete set of cloud communications services, flexible deployment options including cloud and on-premises... see more

TSX:STC - Post Discussion

Sangoma Technologies Corp > Slowly Gaining Traction
View:
Post by retiredcf on Apr 05, 2022 12:02pm

Slowly Gaining Traction

The trading volume continues to be low but investors are beginning to recognize that the SP could be heading back to $30 over the next year so less and less of them are selling their shares at bargain prices. As the stock is illiquid, the less shares that are offered up for sale, the higher the SP will rise. GLTA
Comment by retiredcf on Apr 05, 2022 12:52pm
When I wrote these comments we only had 8800 traded but in the past 45 min, that number has more than quadrupled and the SP is rising nicely in the process despite it being a negative day in the markets (ie. NASDAQ down close to 300 points). GLTA
Comment by Tan4646 on Apr 08, 2022 11:31am
According to my multiple portfolio trackers this is trading at less than book value and 2x sales. Ridiculous! Even with inflation or a slowing consumer econoly, busines still has to run. Recurring revenues, strategic acquisition, organic growth and yet this is at what was once $2.60,,  ridiculous!
Comment by AnitaGet on Apr 08, 2022 11:14pm
My assessment is that we are just not a well known stock. We are coming out of small cap on venture exchange and rapidly trying to punch our way into mid cap via aquisitions. In the grand scheme of the markets, no one knows who we are, yet. Languishing at this level and committing expenses and rosources to a TSX and NASDAQ listings may seem futile. In my opinion, as the company builds it's ...more  
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