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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 majority revenue from the United States and also has a presence in other countries."


TSX:PTG - Post by User

Comment by value1on Feb 02, 2016 10:09pm
168 Views
Post# 24518725

RE:RE:The truth comes out and it is worse than you thought

RE:RE:The truth comes out and it is worse than you thoughtagreed.  anything under .55 should provide significant upside by way of many alternatives

Hey Sculleywag,

Is Torrent being disruptive?  remember the last time someone else was disruptive? Worst mistake you ever made pushing that one aside.

Where's the passion and vision you extoll by backing this deal at present valuation?  You know Pivot is worth multiples more.  You want the company?  Get the credit facility increased (what's the rate? 9%?)  and buy the minority with cash.  Why the fairy dust preferreds? It would save you 4% of the top.  Where's the issuer bid you announced? a cash component to the deal?   If you believe in your management and founders then, as you profess to not make the same mistake twice, then thats what you would do.
As mentioned in their article the deal will be properly shopped and someone could very well come over the top and your cash cow could be gone.  you need to be a little sweeter dont you think?'
"I believe we have the strength, scale, talent and know-how to help us achieve our ambition of becoming North America's dominant multivendor solutions provider, and I look forward to the opportunities ahead."  Really? then pony up and don't try and low ball the shareholders.

love that posters comment:
That's right, it was I who came up with this no money down fairy dust structure. And I would have gotten away with it too, if it weren't for you meddling kids!"
JINKIES!!!


got anything to say? drop a note: john.sculley24@gmail.com.  im sure he'll be happy to hear.

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