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Bullboard - Stock Discussion Forum 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... see more

TSX:SXP - Post Discussion

Supremex Inc > Q3 results
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Post by RetiredSteelMan on Nov 11, 2021 11:24am

Q3 results

I expect Q3 results to be as good if not better than Q2 ($0.12).  First half of year had earnings at $0.28 per share.  If Q3 & Q4 at $0.12, yearly earnings at $0.52.  

Not too shabby for a $2.40 stock.  Share buyback just increases share book value.

Stationary business is probably at a standstill but the future lies in growing the packaging business where markups are large.

I'd expect to start seeing a dividend payout next year.

Good luck to longs.
Comment by HermannHaller on Nov 11, 2021 2:26pm
I think we might see EPS a bit lower, as the CEWS program falls off. Maybe $0.10 for Q3. Even if the run rate is EPS of $0.40, that's only a 6x PE, and growing, and able to restart a dividend.
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