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Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.


TSX:CTS - Post by User

Post by ideaguyon Oct 30, 2024 1:52pm
179 Views
Post# 36289159

Believe in a turn around...

Believe in a turn around...Putting my money where mouth is... I now hold a decent position here. Dividend yield is 1.64% as compared to its avg 0.22% 
I'm betting this company will turn around as soon as the earning come out... Much clearer picture for Q4 which should lead into a decent recovery in 2025... Debt payments, continuation of dividend (perhaps a div increase???), and managements guidance will help.

Potential to reach $4ish imo next year Q1... Purely a guess lol 
I'm going to hold this through the upcoming turbulence... And ride the wave after the storm.
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