Sangoma Technologies Corp T.STC

Tech Sector

[retiredcf]

As to the SP, trading volume remains low (so it's retail not institutional investors), sentiment is most assuredly negative and there could be some games going on with shorts and/or Market Makers. The SP is down 60% in the past 6 months and 42% of that has come in the past 6 weeks, despite releasing generally good Q1 and Q2 results over that timeframe. So selling at this level makes no sense as the SP can turn on a dime at any time. Never has the saying that "the market can remain irrational longer than the investor can remain solvent" been more true. GLTA

Now’s not the time to sell your tech stocks across the board, says investment strategist Brian Belski

Brian Belski, chief investment strategist at BMO Capital Markets, tells BNN Bloomberg that technology is the most important sector in America for the next 3-5 years due to the efficiencies built into every sector. He says he’s still bullish on stocks because the US economy remains very strong and the markets have already priced in higher inflation. He recommends Bank of America and Enbridge as great value stocks.

https://www.bnnbloomberg.ca/video/now-s-not-the-time-to-sell-your-tech-stocks-across-the-board-says-investment-strategist-brian-belski~2443095

[CandyC]

Couldn't agree more that the SP can turn on a dime. I'm still waiting for a re-entry point. Many analysts on CNBC are saying we have a bear market bounce and the S&P should fall back to 3400-3500. If it does then Sangoma could fall to $8-9. I hope it doesn't 

[Torontojay]

Stock prices tend to bottom when inflation reaches its peak. If you think inflation is going to go higher in the second half of the year or maybe next year, then there could be more downward pressure on stocks. Recessionary fears could also play into this but if somehow miraculously we can overcome a recession then we could get a nice rally. 

[GARP17]

I must say that this is rather insane the price of STC right now.  Of course I will continue to hold, but these huge swings in the market make me question the "buy and hold" strategy. Does anyone else feel the same?

[Captain71]

Down on bigger volume today. Not many shares left on the ask. Might this be the turn around???   Level ll Quote   Bid   Ask   Price   Total Size   # of Orders   Price

[Captain71]

SP has not been this low since the COVID selloff. Question: Does this company look in worst shape now than when the market though the world would end during the COVID selloff? If only management had to post a positive quarter we wouldn't have to ask this question. Tks Wignall!!! GLTA

[Captain71]

Ya the buy and hold strategy certainly didn't pay off here. To be honest I’m extremely frustrated with STC. Would like to hit the sell button and move on but we are pretty much down to the support levels seen during the COVID selloff. If maximum expected inflation and interest rates are already baked in I can’t really see any indicators (other than fear of course) that we should go below these

[Zarzar]

Dude the company has very healthy earnings, you are just not understanding the financial statements. If the company had no earnings I think even $10.70 a share would be a little steep

[Torontojay]

Captain, take a look at Twilio, Ring Central and 8x8.  What do these companies all have in common?  They all have negative net income but have been growing their sales quite nicely.  We are trading at a cheaper valuation than these 3 companies on an Ev to gross profit ratio. The closest in valuation to the above metric would be 8x8 which is still 20% more expensive and I've

[Zarzar]

31.7m shrs is pre Netfortis I think. Should be 33m + mgmt options

[Torontojay]

  I used the pre acquisition total share count with ttm gross profit numbers.  Twilio ev to gp > 12  ringcentral > 6  8x8 > 3  sangoma ~ 2.5 

[CandyC]

Many of these tech companies are getting to their Covid sell off levels including Sangoma. With oil going to be averaging over $100 upto $160-200 for the next couple of years these tech companies won't recover as quickly 

[Capharnaum]

I think oil staying above $100 is a bold prediction, even for one year. You could buy oil futures for Dec 2022 to March 2023 for under $100. Also, I'm not certain about the correlation between the performance of tech companies and the price of oil.

[CandyC]

If we are in a oil crisis for years which I think we are then inflation will remain high. I think oil will be on a bumpy incline to $150-200 into next year. Most call demand destruction at about $180. If it sells off and declines back to $100. Basically there isn't much to bring oil down. China opens up again in early June. So expect oil to be $130 throughout the summer. All the associated

[Capharnaum]

There are two main ways of valuing companies: - Check out the income before amortizing, debt and tax (EBITDA usually does the job) and apply the multiple that's trading on the market. - Make a DCF model (discounted cash flows) which should be based on operating cash flows before working capital changes minus capex required to maintain cash flows long term Investors often just use a PE ratio