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Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Technology Communication Equipment
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

Sangoma Technologies Corp > Luck
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Comment by AlwaysLong683on Jan 19, 2023 10:23am
85 Views
Post# 35232997

RE:Luck

RE:Luck
CandyC wrote: I sold my Dirtt Environmental today. Bought more Sangoma this afternoon. Hopefully I'll bring some luck. I expect a pause on rates soon. If so then there could be a quick recovery to $9-$15

The 2022 interest rate increases still have to make their way through the economy first. There is a lag between each time the BOC or FED raises interest rates and when those rate increases are felt in terms of increased interest payments on various types of personal loans, business lonas, etc. This, combined with still stubbornly high inflation and the bond market signalling a recession in 2023 given the current inverted yield curve, and I wouldn't expect too much too soon in terms of a turnaround in the share price.


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