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Winpak Ltd T.WPK

Alternate Symbol(s):  WIPKF

Winpak Ltd. is a Canada-based company, which manufactures and distributes packaging materials and related packaging machines. The Company’s products are used primarily for the packaging of perishable foods, beverages and in healthcare applications. The Company operates through three segments: Flexible Packaging, Rigid Packaging and Flexible Lidding and Packaging Machinery. The Flexible Packaging segment includes the modified atmosphere packaging, specialty films and biaxially oriented nylon product groups. The Rigid Packaging and Flexible Lidding segment include the rigid containers, lidding and specialized printed packaging product groups. Rigid containers include portion control and single-serve containers, as well as plastic sheet, custom and retort trays. Packaging Machinery segment includes a full line of horizontal fill/seal machines for preformed containers and vertical form/fill/seal pouch machines for pumpable liquid and semi-liquid products and certain dry products.


TSX:WPK - Post by User

Comment by Defiance2050on Jun 11, 2021 4:42pm
76 Views
Post# 33374034

RE:RE:RE:RE:Winpak Reports Q1 EPS Miss of US$0.38 -- Provides Outlook

RE:RE:RE:RE:Winpak Reports Q1 EPS Miss of US$0.38 -- Provides OutlookTCL reported seems that there is going to be price volatility on resins for the next quarter and a trailing spread on price indexed products. In first quarter of covid reverse happened with prices of products being based on higher resin costs. In the long run resin volatility has not been a massive performance impact. 

WPK has being going down but the rest of packaging has gone up. Price is definately right to buy in just a matter of having availible cash.
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