IT Tech Packaging Inc T.ITP

Primary Symbol: ITP

Forest Products Paper & Paper Products

IT Tech Packaging, Inc., formerly Orient Paper, Inc. is a holding company for the Hebei Baoding Orient Paper Milling Company Limited (Orient Paper HB), a producer and distributor of paper products in China. The Company is engaged in production and distribution of four categories of paper products: corrugating medium paper (CMP), offset printing paper, digital photo paper and tissue paper products. The Company, through Baoding Shengde Paper Co., Ltd. (Orient Paper Shengde), is engaged in production and distribution of digital photo paper. The Company operates through two segments: Orient Paper HB, which produces printing paper and CMP, and Orient Paper Shengde, which produces digital photo paper. CMP is used in the manufacturing of cardboard. The Company has over two corrugating medium paper production lines, including PM6 and PM1. The Company also produces finished tissue paper products that are marketed and sold under the Orient Paper brand.

NYSEAM:ITP - Post by User

IT Tech Packaging Inc > Share buy back

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Comment by rob1237on Aug 03, 2018 1:59am

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Post# 28408796

RE:Share buy back

This Is a quality company...i sold a bit today with a nice 3.5% gain just today. Perphaos earnings will be good as the price is reponding nicely. Just being cautious as they had some disappointing earnings lasr few quaters.. I think with the buy backs and some improvemnet in earnings sentiment will be more positive to this stock and we can look for more gsins.

If earning show improvement i will buy more. Looks good so far. Technically the stock looks strong but we had a good move so far so i sold of some to be cautious.

Good luck.

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