Winpak Ltd T.WPK

Alternate Symbol(s): WIPKF

Consumer Cyclical Packaging & Containers

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

Winpak Ltd

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Post by schmoltzieon Apr 20, 2010 6:21pm

256 Views

Post# 17012772

Q1 results not bad

.19 cents a share in Q1, not bad!

I'm concerned about the rising resin costs, especially considering gas is still cheap. Also, with a high CAN dollar for the foreseeable future, this will negatively affect earnings reported in US dollars.

Still wondering how they can create some more value with their cash? Kinda seems like this one is gonna flatline for a while.

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