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.

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

Comment by wkrpradioon Mar 19, 2024 9:02pm
60 Views
Post# 35941978

RE:CASCADES WILL BECOME A ***TAKEOVER***

RE:CASCADES WILL BECOME A ***TAKEOVER***
BLUEBERRY5 wrote: Roughly 2 weeks ago, shares traded in the $14 range, now in the $9 range.  Book-value is $17.27, while 1 year estimated target is $13.92.

Shares Issued 100,707,211
The company will either put itself on the block or sell assets.

It can no longer turn down investors repeatedly.

MAJOR SHAREHOLDERS

The "LEMAIRE" family owns shares, while LETKO BROSSEAU is the principal institutional investor.



12,457,942 12.37 % 97 M $
 Letko, Brosseau & Associates Inc.
10,262,550 10.19 % 80 M $
5,556,664 5.518 % 43 M $
2,125,287 2.110 % 16 M $
2,013,628 1.999 % 16 M $


That $17.27 is not a hard number. 
<< Previous
Bullboard Posts
Next >>