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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 knicksmanon Mar 04, 2017 6:56pm
131 Views
Post# 25932652

RE:RE:RE:RE: First major order from a major citrus producer

RE:RE:RE:RE: First major order from a major citrus producer You can't give the company credit for growth it hasn't achieved AND a premium P/E multiple of between 20x to 30x. Your work is good. But there is always the "right" price to pay for something. The company needs to finance its growth and will likely come to the equity markets to collect growth capital. The share count will grow. Margins are likely to come in lower. Not saying this is a bad purchase -- I like this company -- but I would not pay much more than the current trading levels (at least not until the company announces an equity offering).
Bullboard Posts