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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates through two segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including high-end quality folding carton packaging and e-commerce fulfillment packaging solutions. Its other packaging and specialty products include the Conformer Products, labels, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates 10 manufacturing facilities across four provinces in Canada and six manufacturing facilities in four states in the United States.


TSX:SXP - Post by User

Comment by mrmoribundon Mar 03, 2021 9:35am
63 Views
Post# 32703526

RE:RE:RE:Departure of the CFO

RE:RE:RE:Departure of the CFOThere would have been far more reason to be troubled by the CFO departure if he had left, say, a month ago, while the year-end audit was ongoing. Indeed, that would have been a classic bad sign.

As it is, there are all sorts of sensible reasons why he might move on. Many CFOs dream of someday becoming a CEO. Maybe Prenevost got his chance. Maybe he wanted to move his family to a different city and he got an opportunity that fit with that.

Regardless, I would take Emerson's word on this. Sell your shares if you want but, if you do, I'd say you're turning this into a crisis in your mind where there's no reason to believe one exists.
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