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Bullboard - Stock Discussion Forum 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... see more

TSX:CTS - Post Discussion

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Post by Pears3250 on Jun 27, 2023 12:00pm

Low volume

Interesting, volume fell off a cliff
Comment by woody999 on Jun 29, 2023 4:48pm
Kicked off tsx index, too much debt, too much insider selling
Comment by woody999 on Jun 29, 2023 4:53pm
....................and forgot to mention, paying a divvy and buying back stock when they dont have any earnings. Not smart operators at all.
Comment by AlwaysLong683 on Jun 29, 2023 8:57pm
They're paying a dividend of 0.01 per share per quarter just so they can technically claim they are still a dividend-paying company. Buying back shares with a balance sheet like that is not a smart move IMO. They act like they have lots of cash to spare, but I don't think they're fooling large investors who see higher interest rates, inflation and a likely recession at some point in ...more  
Comment by Silver1000 on Jun 30, 2023 2:42am
May 10 earnings call transcript: Shaun Maine Thank you, Thomas. With the special committee process concluding, I wanted to provide some commentary and outline a few corporate objectives our management team is now able to pursue over the upcoming fiscal year that we believe will help create value for our shareholders. After acquiring approximately $1.2 billion of gross sales through 10 acquisitions ...more  
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