Converge Technology Solutions Corp T.CTS

Q3 Looks Fantastic!!

[newcoin]

Am I missing something?

[growthnprosper]

Q3 Revenues and Earnings fantastic..........also looks like they are doing some share buybacks if I read it right,

[brewster123]

Agreed re: Q3 revenues and earnings. The NCIB that was initiated in August allows them to repurchase shares - but no mention that they actually did re-purchase any.  That would be interesting to know though given the low share price.

[Nassan81]

  just click on the "insider" tab at the top of the page and youll see they bought back a lot of share on late september...

[growthnprosper]

How many shares did they buy in late Sept? They are allowed 10 mils as per the press release.

[newcoin]

Did they buy a bunch of shares under $5.00? Now, that would be icing on the cake!

[growthnprosper]

forgive my stupidity, but on the top of which page ?

[dalesio_98]

Tab at the top right of the CTS Bullboard - Stock Discussion Forum page: https://stockhouse.com/companies/insiders?symbol=t.cts

[growthnprosper]

Thanks alot!

[AlwaysLong683]

CTS down more than most Canadian small cap tech stocks so far today (7.3% last I looked on 1.14M shares traded). Possible explanations: 1) Current ratio is under 1.0 (just barely, but still not good). Quick Ratio is above water with Cash + Receivables of 8.0M vs. Payables at 6.9M, so cutting it close, but OK provided there is little to no bad debts from debtors on the horizon. 2) June 30, 2022

[growthnprosper]

The price target for CTS is still $ 11.