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Rogers Sugar Inc T.RSI

Alternate Symbol(s):  RSGUF | T.RSI.DB.E | T.RSI.DB.F

Rogers Sugar Inc. is a provider of sugar products to the Canadian market. The Company operates through two segments: Sugar, which includes refined sugar and by-products, and Maple, which includes maple syrup and maple derived products. The Company operates through its wholly owned subsidiaries, Lantic Inc. (Lantic) and The Maple Treat Corporation (TMTC). Lantic sugar products include granulated, icing, cube, yellow and brown sugars, liquid sugars and specialty syrups. Lantic also operates a distribution center in Toronto, Ontario. Lantic operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the Canadian sugar beet processing facility in Taber, Alberta. TMTC products include maple syrup and derived maple syrup products supplied under retail private label brands in over 50 countries and are sold under various brand names. TMTC operates bottling plants in Granby, Degelis and St-Honore-de-Shenley, Quebec and in Websterville, Vermont.


TSX:RSI - Post by User

Bullboard Posts
Post by summit4on Feb 05, 2014 10:03am
565 Views
Post# 22173961

Peter Hodson on BNN about Rogers Sugar

Peter Hodson on BNN about Rogers Sugar

Last quarter was quite rough. They didn’t meet estimates and their guidance wasn’t
that great. A couple of brokers downgraded the stock to “underperform” and even
an outright Sell. Cash flow is still there. Paid a $0.39 special dividend last year, so for
them to kind of change fortunes that fast, feels the stock reaction was a little bit too
much. Cyclical business. Thinks long-term it is okay but waiting for the volume to
pick up is probably the best strategy.

 

Bullboard Posts