Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cascades Inc T.CAS

Alternate Symbol(s):  CADNF

Cascades Inc. is a Canada-based paper and packaging company. The Company specializes in producing, converting, and marketing packaging and tissue products composed primarily of recycled fibers. The Company's operations are managed in three segments: Containerboard and Specialty Products (which constitute the Corporations Packaging Products) and Tissue Papers. The Containerboard segment is a manufacturer of containerboard and converter of corrugated products in North America. The Specialty Products Group manufactures industrial and food packaging products. The Tissue Papers segment manufactures tissue paper reels and converts them into finished products for the professional and residential markets. The Company also provides recycling solutions. The Company has approximately 80 operating facilities across Canada and the United States.


TSX:CAS - Post by User

Bullboard Posts
Comment by carlocarlion Jan 29, 2016 5:56pm
91 Views
Post# 24507463

RE:RE:RE:That's it I'm out

RE:RE:RE:That's it I'm outYes Fairweather, you are probably right: there might be some profit-taking going on, based on the large gains over the past few months. However, it could be argued that the run-up was justified. CAS turned in a profit of 52 cents per share in Q3 2015 and its Q4 profits should be even higher (weaker CND vs. USD). 2016 profits could be anywhere between $ 1.5 and $ 2.0 per share, if the US economy holds. This would easily justify a share price of $ 13/share. As to sensitivity to an economic slow-down, the tissue sector is relatively insensitive, but the packaging busines (the great majority of CAS' sales) is quite sensitive to GDP. Therefore, if the US economy slows down, that part of the business will suffer.
The fact remainst that CAS has lost about 30% of its value in a week and seems to have become a radiactive commodity: nobody wants to be near it. I am holding on, but, so far, I have been foolish to do so.

In any case, Best of luck to all investors.
Bullboard Posts