Sangoma Technologies Corp T.STC

STC's low valuation

[petebrown1963]

Current market cap is $472 million CDN. The press releases from two months ago indicate the combined company will have revenue of $245 million CDN annually. This makes for a p/s ratio of 1.9 - this is the lowest p/s ratio for a cloud company I have ever heard of. Peers are trading at 5-6X p/s for example. 
I think this company needs to list in the USA to get the valuation it deserves, in line with peers.

[AlwaysLong683]

Pete, at the bottom of page 28 of STC's "Slide Deck" presentation re. the rationale for the S2S acquisition (which can be found on their website), it states: "Sangoma intends to explore possible up-listing(s) to larger stock exchanges, including a U.S. exchange (NASDAQ or NYSE)" Doesn't sound like this is imminent, but hopefully they can get a U.S. listing within the

[pacer217]

In my Non-prof. opinion.  TSX must and will come first; fully expect that by late October. That will put it about the time of the annual meeting. US affaires will start the paperwork in about January and take about 4 - 6 months./

[profitprophet1]

I am curious why you say tsx must come next? I'm invested in another tsx-v company (ptq/qipt) that is moving directly to Nasdaq. Also your January time frame I assume this is just fun conjecture on your part? If not on what basis?

[AlwaysLong683]

profit, I agree re. the possibillity of moving directly from the TSX-V to a U.S. exchange. My guess is that any given U.S. exchange has their own set of criteria re. the application and approval process of getting a given company's shares listed on its exchange, and being on the TSX is likely not a requirement. STC is a tech services company that now has a significant U.S. presence with the