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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

Comment by DeanEdmontonon Feb 08, 2021 1:22pm
178 Views
Post# 32502351

RE:RE:RE:RE:Results are not good

RE:RE:RE:RE:Results are not goodBT- there can be little doubt it was a VERY bad idea. They massively over paid for what they got. They have already taken a 50 million writedown on the original purchase price, they are still having problems getting volume where they want it and the margins are still poor. With the right senior leadership in Rogers, I think they could turn things around but like I have said quite a few times before, this comapny has gotten too biig and too complicated for the skill level of the current leadership. I won't buy back in till they change management, a lot.
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