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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 bucheroncapitalon Dec 03, 2020 8:36am

RE:RE:Great news today for shareholders but sad day for employees

Not sure they overpaid , they bought all assets for 24M they should generate enough FCF to pay if off in 24 months (good will alone is typically paid 5-6X EBITAD ) we are talking about all tangible ...more  
Comment by bucheroncapitalon Dec 03, 2020 8:29am

RE:RE:Great news today for shareholders but sad day for employees

This type of acquisition is standard in many business , many markets ! 
Comment by HermannHalleron Dec 01, 2020 6:59pm

RE:RE:Great news today for shareholders but sad day for employees

Yes, they are growing through acquisitions, the envelope business is in decline. That is why this company will never trade much more than 10 times earnings in my view. Trading at less than 6 times now ...more  
Comment by 2young2investon Dec 01, 2020 6:38pm

RE:Great news today for shareholders but sad day for employees

They bought Royal Envelope and at the same times closed facility in Edmonton. Basically they bought Royal Envelope client base, cause they couldn't get them any other way. Now I'm ...more  
Post by hawkowl1on Dec 01, 2020 3:09pm

Great news today for shareholders but sad day for employees

Stock is down on this news.. must be sympathetic traders.lol In this business(investing) if you want a friend.. get a dog.!   Supremex to close Edmonton facility, fire 39 employees 2020 ...more  
Comment by 2young2investon Nov 30, 2020 5:13pm

RE:EPS of $0.30

They need to pay down debt, they will not restart dividends at 10% yield.
Comment by 2young2investon Nov 30, 2020 5:05pm

RE:Industrial Alliance cross of 100,000 shares at $1.70

That's not the whole picture for that day. Here is what I have: BUYER SHARES Industrial Alliance ...more  
Post by HermannHalleron Nov 26, 2020 11:23am

EPS of $0.30

SXP is earning about $0.30 right now, so they could easily restart a dividend. Based on the mix of business, I would at least give it a 8 multiple, so should be around $2.40. And if they restart the ...more  
Post by hawkowl1on Nov 26, 2020 10:41am

Industrial Alliance cross of 100,000 shares at $1.70

House Positions for SXP from 2020-11-26 to 2020-11-26 House   Bought $Value Ave   Sold $Value  ...more  
Comment by bucheroncapitalon Nov 25, 2020 10:00am

RE:RE:RE:Nice Uptake today

Agreed , let's be patient next QT should be strong: continous improvements are a big tail wind , 2021 we be good to us !
Comment by Fallbackonon Nov 24, 2020 8:31pm

RE:RE:Nice Uptake today

Very strong support around $1.50, slight resistance around $2. Next qtr is seasonnally strong (holidays) I think they will resume dividend sometime in 2021.
Comment by Fallbackonon Nov 24, 2020 8:25pm

RE:Nice Uptake today

You aint seee nothing yet
Post by Lawyerupon Nov 24, 2020 5:02pm

Nice Uptake today

Very encouraging to see a bit of momentum going forward.  Nice move up to $1.65-$1.69 range and volume has picked up.  Both good signs.  Just need some analysts to add to a buy list and ...more  
Comment by bucheroncapitalon Nov 24, 2020 4:36pm

RE:RE:Share Buy Back

For my part I don't expect or need a dividend , as a shareholder I focus on balance sheet improvements and the non dilutive deal is very positive for me.
Comment by DanielDarden123on Nov 24, 2020 1:07pm

RE:Share Buy Back

L...up,  You seem to be forgetting that the dividend was suspended because the balance sheet needed attention post the purchase of Royal early in the year. All issuer bids require available cash ...more  
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