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SYZLF - Sylogist: Niche Tech Company With 4% Dividend
Sylogist Ltd
Investment Case
Sylogist (SYZLF) is a Canadian-based niche tech company. It is active in ERP systems for public services and NPOs. It grew by acquiring new businesses and optimizing these acquisitions into their organization. It did so very successfully, which also showed in the share price until late 2018. The lack of new acquisitions since then caused the share price to drop by about 35% to where it is today. The management is cautious and doesn't want to overpay for acquisitions.
The price drop offers a nice opportunity to get in. Meanwhile, the increase of