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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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Post by hawkowl1on Feb 03, 2022 2:52pm

Activist puts pressure on Supremex

A Toronto-area investor is putting pressure on Supremex to get more shareholder value from the Montreal-based manufacturer of envelopes, pizza boxes and other packaging products. George ...more  
Comment by Tapceton Feb 03, 2022 2:43pm

RE:RE:RE:RE:RE:Next steps

Also worth mentioning that SPX is trading below book, and as of Q3'21, PP&E at all it's NA manufacturing faciilities combined was carried on bs at only $36mm. If I were a new 10 ...more  
Comment by HermannHalleron Feb 03, 2022 2:16pm

RE:RE:RE:RE:Next steps

Full interview: https://www.lapresse.ca/affaires/entreprises/2022-02-02/un-militant-met-de-la-pression-sur-supremex.php
Comment by Tapceton Feb 03, 2022 1:43pm

RE:RE:RE:Next steps

Maybe looking to raise $ from sale of two real estate holdings. idk what they're worth. From news article: "In a telephone interview, George Christopoulos said he wanted to wait before ...more  
Comment by hawkowl1on Feb 03, 2022 1:06pm

RE:RE:RE:Next steps

A year ago SXP was under $2 and under circumstances at that time continued to make decent profits.Zucker fund could have made a low offer for company and it might just have gone through around $3.50 ...more  
Comment by 2young2investon Feb 03, 2022 1:01pm

RE:RE:RE:Next steps

We can wait for AGM to hear about strategic alternaives or... "For a copy of the report filed under National Instrument 62-103, please contact: George Christopoulos, 1075 Bay Street ...more  
Comment by nic_jordanon Feb 03, 2022 12:55pm

RE:Nice move this week .

I don't know what is going on, but I am pretty sure that I like it ! :)
Comment by fishowlon Feb 03, 2022 12:51pm

RE:RE:Next steps

From the press release In addition to having recent and separate discussions with Supremex's CEO and its Chairman for the purpose of sharing his views, on December 30, 2021 Mr ...more  
Comment by Barrhaveniteon Feb 03, 2022 12:29pm

RE:RE:Nice move this week .

Figured the shares might fall after the x date but did not happen yet and that is an extremely good thing. Buying under $3 might be difficult but I'll be on the bid should that happen.
Comment by pinetree4on Feb 03, 2022 11:40am

RE:Nice move this week .

Time to get paid for the patience we had for years. It's unbelievable how some stocks can stay undervalued for so many years.
Post by hawkowl1on Feb 03, 2022 11:30am

Nice move this week .

George Christopoulos is a genius. When I look at his track record as shareholders we are fortunate to have Mr. Christopoulos step in. He knows value.. In meantime Jerry Zucker fund with 23% of ...more  
Post by HermannHalleron Feb 02, 2022 2:32pm

$3.20...over twice the avg daily volume!

I like where this is going. To recap: trading at only 8x earnings just restarted the dividend mgmt states an 'increasingly favourable outlook in the business' consistently ...more  
Comment by Barrhaveniteon Jan 28, 2022 12:30pm

RE:RE:Next steps

First post here but I have held for a few years now as I liked the dividend and glad it has returned. With today being the x date I expect shares to fall a bit next week. That will be a buy. 
Comment by Capharnaumon Jan 26, 2022 7:16pm

RE:Next steps

From what I gather from the news release, the propositions may be part of the next circular?
Post by HermannHalleron Jan 26, 2022 4:41pm

Next steps

The company needs to come out and disclose what was proposed by GC, why they disagree with it, and whether it will in fact go to a vote at the AGM (and be included in the info circular). I am not sure ...more  
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