Analysts...Here is a sample of what Robert McWhirter had to say about Sangoma over the last 6 months:
Their speciality is IP phones and they have been doing well. Earnings will almost double from 4 cents to 8 cents, with further doubling in 2022. P/E is at 29x for 2021. If they are able to deliver it, the stock is attractively priced.
September 11th 2020
An internet protocol telephone system company. A big market is Korea. Their acquisition in process is transformative. The stock has potential 2-3x upside.
February 26th 2021
Internet over the phone, cheaper than conventional systems. EPS expected to decline to 4 cents in 2022. Analysts price target of $5.75, which is 50% upside. He's skeptical. Pass at the moment.
May 13th 2021
So in 6 months he went from Buy, Strong Buy, Don't Buy
What has changed? The bought a company that is his own words was "transformative" . Notice the EPS fluctuations on all 3 quotes...
I think on this one, this guy is making an A$$ of himself...
Mas