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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 Aug 15, 2018 10:00am
90 Views
Post# 28463834

RE:congratz to shareholders

RE:congratz to shareholdersCongratulations may be a tad premature. One quarter during which CAS barely met the consensus target is not sufficient to regain the credibility that they squandered by failing to meet the target for a slew of quarters. The stock is now sliding back to the $11.5 - $12.5 range, where it will languish until the company turns decednt profits for two or three consecutive quarters. I want to add to my position and I am in for the long term, but I am not going to buy today when I know that I will be able to buy cheaper one ot two weeks down the road. It looks as if I am not the only potential investor who is doing this: if you look at the trading pattern, it is obvious that potential buyers are staying away in droves.
Good luck to all.
Bullboard Posts