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Bullboard - Stock Discussion Forum Pivot Technology Solutions Inc. T.PTG

"Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services. The company derives the maximum revenue from the ProSys segment which sells storage, server, and IT infrastructure consulting solutions to enterprises. Geographically, it derives... see more

TSX:PTG - Post Discussion

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Post by PatiencePays123 on May 14, 2018 8:48pm

Wow what a Q1!

This was a very strong quarter for a seasonally weak period. Wow. This excites me for what is to come in 2018. Cheers to a breakout year. The tide has finally turned and management is delivering results. I will be buying as much as I can tomorrow morning.
Comment by MrAnderson on May 14, 2018 9:54pm
Glad their quarter was better, and I keep this on my watchlist, but right now the ebitda is way to slim for that much revenue, especially for a tech company.  Go look at something like syolgist.  They are small and the divy is low, but the profit margins are much more in line with what I would expect thus allowing potential dividend growth. I will have to research this one more to ...more  
Comment by digitel on May 14, 2018 10:09pm
This post has been removed in accordance with Community Policy
Comment by kulewater on May 14, 2018 10:43pm
The company is evloving from a pure cost+ business model as it was a value-added reseller for product mostly. The new team is leveraging their customer base and relationship to drive gowth in higher margin service revenue, streamline expenses, and invest in propreitary offerings. Adjusted EBITDA increased almost 200% YoY. Looking forward to the commentary and the rest of the year now that the ...more  
Comment by narmac on May 15, 2018 6:06am
MrA,,,,,,,,,,,,,,,,what technology company would not like to add $1.5 billion dollars to their revenue stream??,,,,,couple that with any synergy which can be added or subtracted and this company is in the cross hairs of the bigger fish for a takeover. Mean while shareholders get handsomely paid to hold their stock with the advent of that juicy dividend,,presently at 8.6%,,,,,,,,,,smoke 'em if ...more  
Comment by Freelunch5 on May 14, 2018 11:02pm
This post has been removed in accordance with Community Policy