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Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.


TSX:CTS - Post by User

Post by Sellthedream2on Feb 17, 2021 1:29pm
214 Views
Post# 32585975

Good time to load up!

Good time to load up!Perfect storm brewing in my opinion. The graduation to the tsx combined with the just about billion valuation opens this up to a lot more investors. Very good timing...Obviously they will have a yoy q4 revenue beat, but if they can squeak out a decent profit beat on the much higher revenue than 3rd quarter this may really take off fast. It's easy to make a case for at least a 2 billion valuation now based on the projected 2021 revenue and expected positive eps. But I believe there is even more upside if we have some surprise eps beats which is very possible. This stock is very unknown still. Over a billion of revenue, billion + market cap, and becoming a profitable company in 2021 will change that quickly! IMO
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