Sangoma Technologies Corp T.STC

Tomorrow SHOULD be a BIG day ?!

[pacer217]

Investors news Conference @10:30 Thurs.

I expected an advance release of quarter #'s.  I guess may not happen.

I thought there would be chatter / opinions here??

[profitprophet1]

The yearly advanced guidance for the year was released in the first half of August. They don't typically give quarterly guidance. It is just that Q4/yr has an audit which delays the numbers hence the early glimpse each year. Tomorrow is the day they meet to determine the share consolidation.

[pacer217]

I understand the delay, but he did say that the full financial numbers, sales, etc. should be part of Thursday message.  He also said a guidance for 2022 may also be part of  his comments. A lot of companies release the Q facts and figures ahead of the the Con. / Call, as an official public re lease 

[pacer217]

Completely and utterly useless meeting today.  Only stated the obvious -- that the consolidated share count was approved. DUH !  management has enough shares to bring that forward. The actual number will bw release on SEDAR in a few days ---- my guess is @ 5 to 1 ?; brings up to $16.00 soon ? I can only guess that there will be another press release next month  with. the Audit

[ace1mccoy]

Sangoma Technologies Corporation Clarifies Previous Disclosure MARKHAM, Ontario, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Sangoma Technologies Corporation (TSX VENTURE: STC) (the “Corporation”) announces that, as a result of a review of its continuous disclosure record by staff of the Ontario Securities Commission (the “OSC”), the Corporation is issuing this news release to

[fdfd12]

What does this news really mean? Anyone know?

[Torontojay]

I read it once and I'm scratching my head. 

[AnitaGet]

What a mess. This release, which is supposed to provide clarity, is such a convoluted entanglement of dates and numbers that it caused more confusion than clarity. I suspect the OSC does not like the pre-release/unaudited numbers the company is releasing prior to audited results and they are putting pressure on the company to stop the practice, by holding their feel to the file on every detail

[melow]

Essentially no change really, but I think a big factor would be the exchange rate that will have big impact on the results since the $CDN took a dive and most their revenues are from US clients. We shall see. 

[pacer217]

Today's "BIG"  increase ( when  the techy's got slaughtered ) is now explained.. Company to release Q # s tomorrow and there would be enough players who have Inside knowlege  that they will be on the high side of very good!