Terago Inc T.TGO

Is anyone out there!!??

[indoubtgetout]

Interesting that both TD and Canaccord have a $9 target price but they have not updated since spring even though TGO reported recently.   With what the CAD telcos paid for spectrum lately, TGO should sell for 10X its current stock price.    WHAT IS GOING ON!!???

[jimrabbit]

Worst management ever.  Soon shareholders will be wiped out.  Huge board paying themselves big bucks for absolutely nothing.  Creditors pick up the spectrum cheap. 

[Possibleidiot01]

4 new directors , maybe this helps turn around a multi year slide?

[jimrabbit]

More likely rats jumping ship once they spotted the iceberg 

[jimrabbit]

How much longer can they hold out against the lenders taking over 

[jimrabbit]

$9 target price now it's under $2 and over-valued General and admin for last quarter almost matched gross revenues!!!!  Executives and creditors grabbing every last nickel Nero fiddling while Rome burns what a fiasco of a Company run into the ground by greed and mismanagement !!

[claritas]

I think that it is way too simplistic to hold your views. While the Company does have operations in providing communications networks in Canada, the whole thesis for owning Terago lies elsewhere. It is the spectrum licenses which hold most, if not all, of the value in the Company.  It is the licenses which allowed the Company to gain access to funds to sustain its operations. 

[jimrabbit]

Even if by some inconceivable miracle the company does survive 6 months ( where will the money come from) the lenders hold all the cards including share options that will dilute any remaining stock equity to zilch.  It's completely top heavy with well paid managers and a Board of Directors with fancy titles and fancy salaries who haven't achieved much in ten years except to pay their

[claritas]

I think I understand your frustration, but what exactly is it that management could have done.  Do you agree that the core value lies in the spectrum?  If so, they don't control the outcome. I you don't agree then it suggests you think that the value is in the operations side, which they are addressing as best as they can.  Thus the strategic plan they are putting in place.

[jimrabbit]

There's not much risk as the stock is CTD and I sold out ages ago,  still they were way out in front on 5G and have squandered the lot.  How the directors can look at themselves in the mirror is beyond me. 

[jimrabbit]

down down down like the Titanic...management is a joke.  

[jimrabbit]

the sp is heading straight towards zero; management sees the iceberg ahead but is doing nothing, praying their paycheques still clear the bank; only a matter of time before the lenders make the phone call to the CFO...we need to have a meeting...

[jimrabbit]

even if the licences get sold (and Management keeps going on about how they are building a Business, i haven't heard any Management Discussions about selling off the licences) the money will go to the lenders and the hedge funds.  they are paying interest at 14% now on their loans no respectable lender will touch them.  they're losing $3M a quarter steadily revenues are flat

[jimrabbit]

August it was $2 now it's November and it is $1.21 we can see the trend from here...

[jimrabbit]

well that was a great prediction.  in 2021 they had a target price of $9 and now in november 2023 the stock price is $1.22 so it would appear that did not work out did it.