Review of Sylogist Ltd
FEB 15, 2022 - As a SaaS model, SYZ has shown strong profitability, a solid balance sheet, a track record of successful acquisitions, and a well-fortified portfolio of solutions. While there is always room for continuing improvement, so far, management is executing well against their strategic plan. Rating maintained at B+.
Download Report-
Sylogist Ltd. (SYZ)
-
Magna International Inc. (MG)
-
Nuvei Corporation Subordinate Voting Shares (NVEI)
Q: Hi, I’m thinking of selling SYZ at a loss because I feel it may be in doghouse for quite awhile.
I would add to MG and NVEI which I have half position. Would you have any problems with my strategy, or would you just stay the course? Or maybe just add to one. Thanks
Q: I know it was removed from income portfolio but is it worth keeping as a growth stock or should I sell it ? Ty
Read Answer Asked by Ross on January 16, 2023-
Sylogist Ltd. (SYZ)
-
Enghouse Systems Limited (ENGH)
-
Open Text Corporation (OTEX)
-
AcuityAds Holdings Inc. (AT)
-
Altus Group Limited (AIF)
-
TECSYS Inc. (TCS)
-
Real Matters Inc. (REAL)
Q: I use my TFSA to buy and hold low-debt, cash flow positive, technology companies with good long-term growth prospects. My TFSA holdings (ENGH, OTEX, SYZ, TCS, AIF, REAL and AT, ranked by weight) total about 8% of my overall portfolio. My holdings in AT and REAL have fallen to about 1% of my overall portfolio, because of their poor performance, versus 2.5% average holding for each stock in the overall portfolio. I am considering the following options:
1. Keep both AT and REAL for a long term (10+ year) hold (i.e. do nothing)
2. Sell one and consolidate into the other for a long term hold (but which one to keep?)
3. Sell both and consolidate into my other TFSA holdings (which one(s)?)
I would welcome your thoughts with respect to each option, given there is no tax loss selling benefit in a TFSA. Thanks!