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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 HermannHalleron Jan 23, 2023 8:26am

RE:RE:RE:RE:RE:New research from Cormark

New consensus (Cormark) estimates for 2023 are $1.22 EPS and $65 million EBITDA. That would be about 14% EBITDA growth.  So the stock is stil only at 5.6x PE. On an EV/EBITDA basis, including ...more  
Comment by HermannHalleron Jan 21, 2023 2:17pm

RE:RE:RE:RE:New research from Cormark

Thanks. The 1.0x at the end of Q3 is including lease liabilities, which mgmt excludes when they present the figure in the quarterly report (which is why their figure is only 0.6x). I think most ...more  
Comment by mrmoribundon Jan 21, 2023 1:53pm

RE:RE:RE:New research from Cormark

I'm sure neither Cormark nor Supremex would appreciate me doing serious cutting and pasting here. But I think there are a couple of highlights that it would be within the realm of reasonable to ...more  
Post by DanielDarden123on Jan 21, 2023 11:13am

New Issue?

Given their history of reducing the share count through NCIBs, and funding tuckins with cash flow, I would be equally surprised by a new issue. The exception of course would be for a much larger ...more  
Comment by HermannHalleron Jan 21, 2023 9:33am

RE:RE:New research from Cormark

Thanks for your thoughts. There's no doubt Cormark would like to do a financing. Hopefully that will attract other brokers to pick up coverage too. But that doesn't mean the company will do ...more  
Comment by bucheroncapitalon Jan 21, 2023 9:10am

RE:RE:New research from Cormark

Great analysis, thanks for sharing you're toughts , will hold to my SXP and all in due time 
Comment by Barrhaveniteon Jan 21, 2023 3:14am

RE:RE:New research from Cormark

Once again, a excellent post from Mr M. Cash for shares, hope not. For sure, cash flow will be addressed in the next report. Just sustain the dividend as I don't think it can be increased with the ...more  
Comment by mrmoribundon Jan 20, 2023 4:28pm

RE:New research from Cormark

I've read most of the report. It's quite substantial at 23 pages long. It goes on and on about this and that metric in support of the $9.15 target price. Makes a good-sounding case. One thing ...more  
Post by HermannHalleron Jan 19, 2023 5:39pm

New research from Cormark

Initiated coverage with a Buy rating, $9.15 target. The report came out on Tuesday apparently. If anyone has more details, please share.
Comment by HermannHalleron Jan 18, 2023 9:15am

RE:Still very cheap

CCL at 16.8x PE (59.91/3.56) SXP at 5.7x PE (6.85/1.21) Using current analyst consensus estimates. Am I greedy thinking SXP could trade at half the multiple of CCL? Haha
Post by bucheroncapitalon Jan 18, 2023 9:05am

Still very cheap

With 300M$ in revenues post acquisition and a market cap of 171M$ SXP is very cheap compare to a giant like CCL (REV 6,2B MKC 10,5B ) ~ this baby as a lot of room to move up let's be patient here ...more  
Comment by Barrhaveniteon Jan 17, 2023 8:24pm

RE:RE:RE:Packaging acquisition

You are correct Hermann. Patience, patience, patience. The market likes the aquisition so far and the share will take care of themselves. Don't need any analyst for that. Good job for those who ...more  
Post by Aspertheoldmanon Jan 17, 2023 7:15pm

Recommandation

  DJ Supremex Inc Initiated at Buy by Cormark Securities . DJ Supremex Inc Price Target Announced at C$9.15/Share DJ Supremex Inc Initiated at Buy by Cormark Securities  [DowJones - Equity ...more  
Comment by HermannHalleron Jan 16, 2023 2:13pm

RE:RE:Packaging acquisition

Yes, but it's hard to say from the website just how much each business line contributes to overall revenue. Note that they were on a list of fastest growing companies in 2019.  I expect ...more  
Comment by DanielDarden123on Jan 16, 2023 1:22pm

RE:Packaging acquisition

Based on their website this is much more than a packaging co. Certainly a very impressive site and the metrics look very interesting. Accretion should not be difficult to attain but integration is ...more  
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