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Sylogist Ltd T.SYZ

Alternate Symbol(s):  SYZLF

Sylogist Ltd. is a Canada-based company, which provides software-as-a-service (SaaS) solutions. The Company provides enterprise resource planning (ERP), constituent relationship management (CRM), fundraising, education administration and payments solutions. It operates through three verticals: SylogistMission, SylogistEd, and SylogistGov. It refers its software solutions and related services for customers outside these three verticals as SylogistServices. SylogistGov offers three cloud-based solutions, such as SylogistGov ERP, tailored for local government needs; SAVIN, an advanced victim notification system, and Grants Manager, streamlining award and grant management processes. The SylogistMission caters nonprofits, non-governmental organization (NGOs), and faith-based organizations. SylogistEd offers enterprise resource planning (ERP) and student information systems. The Company offers Time Clock Now, a comprehensive SaaS solution for streamlining time tracking and scheduling.


TSX:SYZ - Post by User

Bullboard Posts
Post by Don2018on Nov 23, 2019 11:12am
291 Views
Post# 30385301

management cashing out

management cashing outI used to own SYZ, and really liked it, but moved to the sidelines when their revenue growth stalled.
Since then, revenue has started to actually fall, as has cash flow and other metrics.

So this move by management to take what looks like about 8 years of bonuses, as an immediate payout, looks like nothing but a cash grab.

As revenue and cash flow fall, so would their bonuses.

The timing just really, really smells bad. And when something smells rotten, I have to stand aside.

JMO
Bullboard Posts