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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 - soft as predicted
View:
Post by HermannHaller on Nov 09, 2023 8:36am

Q3 - soft as predicted

As mgmt guided last quarter, sales are soft as customers work through the inventory build. Still generating huge FCF, up over prior year.

They say Q4 seems to be leveling off, so sounds like worst is over.

GLTA
Comment by prophetoffactz on Nov 09, 2023 8:51am
Analysts expected $.17 profit and SXP delivered $.19 for a 11.7% beat. Analysts on average have an $8.06 target price. The bottom seems in.
Comment by bucheroncapital on Nov 09, 2023 9:15am
Not that bad at all , meanwhile it's under valued and we get a good dividend while we wait for the real price to emerge $7~$8 , GLTA invested in SXP 
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