Post by QualityGrowthon Feb 25, 2025 11:48pm
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Post# 36469293
Looks like Pinetree has added Enghouse as a new position
Looks like Pinetree has added Enghouse as a new positionIn today's MD&A , it shows that PNP has invested $2.902M in Enghouse. That's a new position for PNP and they have 3.5% of their capital in it. They must see something.
A few years back, Enghouse hit $80 and PNP bought in at someting like $29.02, based on their cost basis. Looks like it's paying a 4% dividend.
It'll be interesting to see if PNP ups their position.
One thing for sure, they are picking up Enghouse pretty cheap.