Sangoma Technologies: The Market Is Ignoring A High-Margin Inflection Point

Group 1 - The article discusses the typical scenario for value investors where a company engages in aggressive, debt-financed acquisitions, leading to market fatigue and a subsequent decline in stock value [1] - The focus is on identifying mispriced opportunities in the market, particularly in cyclical industries, energy, industrials, and under-followed mid-cap companies [1] - The investment strategy emphasizes cash flow durability, balance sheet strength, and the risks associated with different capital structures, aiming to find companies whose fundamentals are stabilizing or improving despite negative market sentiment [1]