Bullboard - Stock Discussion Forum Tecsys Inc T.TCS

Alternate Symbol(s): TCYSF

Tecsys Inc. is a Canada-based company, which is a global provider of advanced supply chain solutions. The Company’s principal business activity is the development, marketing and sale of enterprise-wide supply chain management software for distribution, warehousing, transportation logistics, point-of-use and order management. It also provides related consulting, education and support services... see more

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Tecsys Inc > what supports share price

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Post by mjh9413 on Sep 06, 2024 12:59am

what supports share price

Anything is 'buyable' if one cares to put out the dinero but this is expensive by any measure so can someone please explain exactly why? Thanks.

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Comment by ABP123 on Sep 06, 2024 6:17am

Go to Canadian Insider. The company bought shares up to $39.50 and I think the count was 59,600 at an average price of $36.91. The average daily volume for TCS is 5,900 shares. All of the shares were purchased in a two week period from about July 2 - 16. Then inertia took over. I highly suspect the rise in SP from $35 all the way to the $42.00 range was a direct ...more

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Comment by Possibleidiot01 on Sep 06, 2024 9:58pm

I'll try . Market cap is $604.3 million. Total revenue increased 12% to $171.2 million compared to $152.4 million in fiscal 2023. Expected revenue growth of 7-9% gives $186.6 million. For simplicity's sake , lets call it 3 times sales which isn't terribly overpriced , maybe even fairly priced. They do have very desirable hospital supply chain business in which they are ...more

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Tecsys Inc