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Bullboard - Stock Discussion Forum Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Technology Communication Equipment
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 > Encouraging words from CEO
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Post by Captain71 on Jun 22, 2022 5:20am

Encouraging words from CEO

Finally something I can feel good about in yesterday's news release.

"The company said it remains committed to accumulating balance sheet strength to help fund future acquisitions, to continuing the long-term profitable growth of our business."

Looks like they are finally seeing the light and listening to investors.

GLTA
Comment by retiredcf on Jun 22, 2022 10:41am
The NASDAQ is now up 140 points (and STC is up 3% on the OTC with no volume) so not sure why people are selling this morning.  GLTA
Comment by Tan4646 on Jun 22, 2022 3:56pm
Building a strong balance sheet and entering a recession is a must, spending cash on acquisitions while entering or during a recession could end in bankruptcy or sale.
Comment by Torontojay on Jun 23, 2022 8:36am
  I agree with this.  My personal preference is when companies grow organically but with Sangoma they've established credibility in being able to grow organically and through acquisitions.   Sangoma has a very solid interest coverage ratio and they produce enough cash to comfortably service their debt, purchase other companies, or their own shares through a share buyback ...more  
Sangoma Technologies Corp