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Lumine Group Inc V.LMN

Alternate Symbol(s):  LMGIF

Lumine Group Inc. is a Canada-based company. The Company is engaged in acquiring and growing vertical market software businesses in the communications and media industry. It is engaged principally in the development, installation, and customization of software and in the provision of related professional services and support for customers globally. It also provides access to capital for organic and merger & acquisition (M&A)-related investments and assist with the professional development and training of management teams. The Company's portfolio of companies consists of Axyom.Core, Motive, RazorFlow, SpatialNetworX, Openwave, Titan.ium platform, WideOrbit, Wiztivi, TOMIA, Incognito Software Systems, MDS Global, Ubersmith, WDS mobile, Lifecycle Software, Velovix, NetEngage, Tarantula, Flash Networks, TransMedia Dynamics, VAS-X, Collab, Neural Technologies, Telepin, Netadmin Systems, Sicap, Advantage 360, Kansys, Aleyant, Avance Metering, and Symbrio.


TSXV:LMN - Post by User

Post by retiredcfon Oct 06, 2024 12:54pm
171 Views
Post# 36255149

Good Answer

Good AnswerMy favorite holdings LMN and DRX are lagging behind recently. It seems that LMN has a significant insiders selling over the past few months and DRX has a customer concentration risk issue. With the current negative momentum, do you see any red flag for concern or a good opportunity to buy more with new cash ?

We do not see any real concerns other than what has already been discussed in this question or with posted comments. We continue to have high confidence in both of their growth profiles. We would be OK continuing to accumulate either. (5iResearch)





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