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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

Comment by jermoguyon Mar 11, 2021 4:53pm
187 Views
Post# 32779288

RE:Markets

RE:MarketsThis is just my opinon and I hardly have any wisdom to share, but my gut tells me that perhaps there is some apprehension at the Star2star acquisition based on how large of a deal it was.  Typically with small caps that I have owned, acquisitions have generally been regarded favourably, and the stock price will rise and at the very least, stay at the new levels.  I am not sure what to think given that the technology sector has rallied strongly the past few days yet Sangoma is languishing and dropping.  I wonder if it was the acquisition target, that maybe if it was a local Canadian outfit investors may be more comfortable with it.  Having the stock on a good run in the past year would assuredly lead to profit taking and this I definitely get.  But with a large acquisition and being in the technology sector, I would have thought for sure that it would go with the rally.  That being said, my equity advisor has recently rated Sangoma as a HOLD as they see it at fair value at present.  And that is AFTER the acquisition.
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