RE:RE:Nov 15 2021 = $27.50 sp,,, Nov 15 2022 = $5.75,,, a double would take Sangoma back to where is was just 2 months ago a triple would take it back to where it was at the beginning of May this year I dont have much hope for it to get back up to $8 in the next year but it could take off like some other tech stocks recently
Torontojay wrote:
I agree Tan.
This could easily double or triple in the right environment. The way the share price is trading you would think ebitda should be declining steeply but that has not been the case. We have steady cash flow numbers that is increasing organically but also a higher equity risk premium. I understand multiples have been trimmed on earnings but we have not yet seen an earnings contraction and the current pricing suggests it's on the way. I highly doubt we will see a major drop off on earnings.