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Bullboard - Stock Discussion Forum
Rogers Sugar Inc
T.RSI.DB.E
Primary Symbol:
T.RSI
Alternate Symbol(s):
T.RSI.DB.F
|
RSGUF
Consumer Defensive
Packaged Foods
Rogers Sugar Inc. is a provider of sugar products to the Canadian market. The Company operates through two segments: Sugar, which includes refined sugar and by-products, and Maple, which includes maple syrup and maple derived products. The Company operates through its wholly owned subsidiaries, Lantic Inc. (Lantic) and The Maple Treat Corporation (TMTC). Lantic sugar products include granulated...
, icing, cube, yellow and brown sugars, liquid sugars and specialty syrups. Lantic also operates a distribution center in Toronto, Ontario. Lantic operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the Canadian sugar beet processing facility in Taber, Alberta. TMTC products include maple syrup and derived maple syrup products supplied under retail private label brands in over 50 countries and are sold under various brand names. TMTC operates bottling plants in Granby, Degelis and St-Honore-de-Shenley, Quebec and in Websterville, Vermont.
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TSX:RSI - Post Discussion
Rogers Sugar Inc
> Earnings out.
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•••
jcjohn36
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Post by
jcjohn36
on Nov 26, 2020 10:17am
Earnings out.
Stock up over 5%. It will be interesting to see if we get any analysts upgrades in the days to come.
Looks like the maple syrup business might be turning a corner.
cheers,
JC
(198)
•••
DeanEdmonton
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Comment by
DeanEdmonton
on Nov 26, 2020 11:30am
Much better results than the previous quarter and last year. Large bump in sales volume. That said, gross margin has again slipped a lot and that is a bad sign. When the gross margin is now running less than 9%, either competition is fierce or the cost structure is still not under control. At least at these levels of profit the dividend is secure and the market should like these results so we
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