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Imaflex Inc V.IFX

Alternate Symbol(s):  IFLXF

Imaflex Inc. is focused on the development and manufacturing of solutions for the flexible packaging and agriculture industries. The Company’s products consist primarily of polyethylene (plastic) film and bags, including metalized plastic film, for the industrial, agricultural and consumer markets. Its polyethylene films are mainly sold to printers known as converters, who process the film into a finished product to meet their end-customer needs. Additionally, its films are sold directly to customers to protect and market their own products or bought by distributors for re-sale. Its agricultural films are finished products, predominantly sold directly by the Company to growers. Its portfolio includes common mulch, compostable and fumigant barrier films, as well as metalized crop protection films that add pest/weed control and/or accelerated growth benefits beyond those provided by its common mulch films. It has manufacturing facilities in Canada and the United States.


TSXV:IFX - Post by User

Bullboard Posts
Comment by ofnidon Apr 23, 2015 1:55pm
83 Views
Post# 23658001

RE:RE:Q4/1,Turnaround has begun..growth, profitability, margin inc

RE:RE:Q4/1,Turnaround has begun..growth, profitability, margin incI think what they meant by the "decreases of poly..." statement was that the profitability of the sales that used the higher priced poly was negatively impacted. With FIFO inventory this would make sense. Kind of a confusingly written release. On the positive side there were some improvements overall and with the lower priced poly sitting in inventory the next qtr should have some expanded margins. I think that if there are some large orders of any of their new higher margin products we may see this before it is released by seeing some spiky trading volumes. If I was ordering a meaningful sized order from a small company I might take a look a buying some stock first.....
Bullboard Posts