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Bullboard - Stock Discussion Forum Sangoma Technologies Corp T.STC

Alternate Symbol(s):  SANG

Sangoma Technologies Corporation is engaged in delivering cloud-based communications as a service solution for companies of all sizes. The Company is a business communications platform provider with solutions that include its unified communications as a service (UCaaS), contact center as a service (CCaaS), communications platform as a service (CPaaS), and trunking technologies. Its enterprise... see more

TSX:STC - Post Discussion

Sangoma Technologies Corp > Acumen Capital
View:
Post by retiredcf on Feb 15, 2022 7:02am

Acumen Capital

Following along with TD in being cautious but still looking for 60% SP appreciation. Would be interested to see the BMO report if a client could post it. GLTA

Sangoma Technologies Target Lowered by Acumen Capital C$39.00 C$27.00
Comment by Tan4646 on Feb 15, 2022 11:55am
I wonder if the analysts have (like with other companies) simply lowered the multiples they use relative to the overall market conditions. From the latest financials the business is growing as expected and ratings are buy to outperform.   Nasty market we have today in the tech arena. (Bloomberg) -- Fund managers are the most underweight on technology stocks in almost 16 years as they ...more  
Comment by Tan4646 on Feb 15, 2022 11:57am
"I wonder if the analysts have (like with other companies) simply lowered the multiples they use relative to the overall market conditions" never mind, they stated that in their lastest report... 3.5 > 2
Comment by CandyC on Feb 15, 2022 1:49pm
That's my guess with upcoming interest rates.  Also now calling for a chip shortage well into 2023. Sangoma has some challenges ahead. The Nasdaq listing has done nothing for the SP. 
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