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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

Bullboard (TSX:SXP)

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Comment by siwashrockon Apr 14, 2024 2:36pm

RE:Excess cash

I agree. However, they were buying 9800 shares per day for much of February. In March, not that much. Is this a sign they are going to make an acquisition? If the free cash flow is around $40 ...more  
Post by screamer99on Apr 12, 2024 2:34pm

Excess cash

This company has a lot of it and has been putting it to use over the last 3 months. Share purchases under the NCIB totaled $1.8m from Jan to Mar/24. In these three months, there have been more share ...more  
Post by hawkowl1on Mar 14, 2024 11:21am

76 IA broker

SInce August 2023 till March 13th 76 IA  brokerage have purchased net of sales  2,029,515 shares! 
Post by hawkowl1on Mar 14, 2024 10:57am

George Christopoulos

Mr. Christopoulos might be having financial problems due to rise in interest rates and morgage defaults. He has a huge real estate and morgage lending business. Perhaps he may have to liquidate his ...more  
Comment by Torontojayon Feb 27, 2024 11:51am

RE:RE:RE:RE:Financials

Daniel, it was not difficult to time this and recognize that the company was benefitting from the covid hangover. The return on equity that the company was enjoying was not a sustainable number. 
Comment by DanielDardenon Feb 26, 2024 3:21pm

RE:RE:RE:Financials

While we would like to think that we can time cyclicals perfectly for 50+ years the reality is that nobody can. Of course they will be weak when the economy is weak but should recover nicely upon ...more  
Comment by Torontojayon Feb 22, 2024 6:30pm

RE:RE:Financials

The writing was on the wall for at least a year that shipping and box demand was significantly declining.   
Comment by Moogulon Feb 22, 2024 1:39pm

RE:RE:RE:Financials

To me the strategy seems off. Trying to get into packaging which is lower margin, but has more growth. I'd rather the company just start buying its stock into oblivion. The company could buy ...more  
Comment by HermannHalleron Feb 22, 2024 12:13pm

RE:RE:Financials

Yeah, the outlook wasn't very encouraging. And they seem to be battling both the soft end market and their own operational problems. I'm a bit surprised the stock didn't drop more ...more  
Comment by Moogulon Feb 22, 2024 12:09pm

RE:Financials

And still need to get through another tough y/y comparable next quarter. The debt repayment and free cash flow is nice though. Just not gonna see any growth for awhile it seems. 
Post by Tslayeron Feb 22, 2024 9:58am

Financials

Yet another disappointing financial report. Revenue down, earnings down and share price way down this morning. They throw a dividend increase to reel in some suckers but I doubt there are a lot of ...more  
Post by HermannHalleron Feb 06, 2024 10:21am

NCIB back in action

SXP bought back 167,500 shares in January, that's the most active in any month in over a year. Many days they bought the maximum daily amount of 9,800.
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