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Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Sangoma Technologies Corporation is engaged in delivering cloud-based communications as a service solution for companies of all sizes. The Company is a business communications platform provider with solutions that include its unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise-grade communications suite is developed in-house and available for cloud, hybrid, or on-premises setups. Additionally, the Company provides managed services for connectivity, network, and security. It offers hardware and software components that enable or enhance Internet protocol communications systems for both telecom and datacom applications. Its product line includes data and telecom boards for media and signal processing, as well as gateway appliances and software. Its phones and devices include voice over Internet protocol (VoIP) hardware, headsets, telephony cards, and accessories.


TSX:STC - Post by User

Bullboard Posts
Comment by knicksmanon Feb 25, 2018 3:22pm
191 Views
Post# 27617650

RE:RE:RE:$1 per share is a joke

RE:RE:RE:$1 per share is a jokeIf the company did not raise, there would continue to be an equity overhang on the shares. Sangoma wants to do deals (they have communicated the strategy a number of times). And because they need to do it at least with some equity, it keeps a lot of (typically larger) investors on the sideline waiting to buy shares through a raise rather than in the market.

The company had to bite the bullet. With CCD, existing shareholders got a sweet deal - we all made money. Now, with cash on the balance sheet, Sangoma is better positioned to acquire, get more scale, and become a larger, more diversified company (valued at a higher multiple). Nice to see the shares trading well above its share issuance price. 
Bullboard Posts