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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 pistolpete96on Apr 01, 2016 10:24am
220 Views
Post# 24719447

RE:RE:RE:RE:NCIB

RE:RE:RE:RE:NCIBFor sure, and none of those negatives apply to PTG. Do you honestly think this trading in the .40s is overvalued? 

I wouldn't be so sure of that.  I thought this thing was undervalued at $0.50, but the market keeps saying otherwise and doesn't care what I think.  They increase the dividend, and the result is a rise in yield?  Doesn't that tell you something?  (Hint: the market says there is risk here).  I wouldn't trust this management to do anything that is shareholder friendly.  They just keep trotting out one financial gimmick after another in an attempt to temporarily juice the stock price, which gets the traders on Stockhouse all excited.  But a more long-term, shareholder friendly idea would be moving to a legitimate stock exchange and concentrating on growing the business.


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