Sangoma Technologies Corp T.STC

Assessment

[retiredcf]

Question: I currently have a position in STC inside a TFSA. Can I get your current view on the stock? Would you consider this to be a good opportunity to top up? 

Answer: We think STC has potential, certainly, but also risks. We would keep position size relatively small. We have a 3% position in our more-aggressive Growth Portfolio. Decent sales growth is expected, and it is expected to be profitable in 2022. It is cheap on most metrics. It made a very big acquisition in March, and execution/integration needs to go well. The stock has not done much, but we would expect a better year in 2022. Insiders own 16%.

Answered by 5iResearch. GLTA

[CandyC]

I once owned a significant position but sold. The acquisition seemed good at first but the market dictates the price. The price before the acquisition was $3.90 before the split. So it's down 23% since in 11 months. In my opinion about a 20% downside risks outweigh upside due to chip shortages and upcoming higher interest rates. If the stock price was on a steady pace to be over $5 at today

[Defiance2050]

I personally never considered Sangoma until recently and the acquisition brought it above the minimum size and volume company I would invest in.  Before the nasdaq listing the previous quarterly was taken well (up that day) and SP was flat since the announcement of acquisition.  The chip shortage front the impact is less in comparision to more hardware/ resellers focused companies such

[Torontojay]

If you look around, most of the Canadian small caps were absolutely hammered this year. Sangoma is trading significantly cheaper than peers on a relative and absolute basis.  If interest rates rise on an economic recovery then this is not a bad thing for small caps. When people are optimistic about where the economy is heading they tend to gravitate towards the smaller players . When times

[AlwaysLong683]

1) Since STC assembles and sells hardware to clients as well as software, they are affected by the chip shortage as they may have trouble acquiring the chips they need as well as having to pay more for the chips, which they may pass on to clients. However, I'd rather own shares in a company like STC that provides a "one stop, complete" UCaaS solution to clients as opposed to

[CandyC]

Andrey Omelchak Is one of my favourites on Market Call. Haven't seen him on for over a year.  Chip shortage is now being predicted to last well into 2023. New car dealerships are backlogged and takes 4 months for a new vehicles.  oil should be good for many years. 2022 will be year of share buybacks. Possibly privatize for Gear energy in the next 18 months. Debt free in Q2 2022

[CandyC]

And at some point Sangoma should be $40 which is huge upside even though I think it's range bound for the next several months. Should shoot up fast at some point. Could be soon but I suspect mid year 

[retiredcf]

Not sure about mid year Candy but as a long term investor, I tossed a few more into a couple of accounts this morning. GLTA