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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

Post by factRbeston Oct 25, 2019 10:17am
217 Views
Post# 30269118

Good and bad

Good and bad
The hopes of entering the 5G space and all it was to offer is no more. Yes could have been very lucrative.

I have had some concern for some time about the spending on SM. The concern stemmed from the fact that 5G roll out does not seem to be going all that quickly.
If it proves to be more of a business rather than retail prodcut then PTG would have been hurt.
I think intel bought it because that is what they are seeing, a business to business opportunity.

Itneresting the purchase price is equal to 50% of PTGs market value.
Does day a lot about the value the market has been putting on the company.

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