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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates in two reporting segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including folding carton packaging and e-Commerce fulfillment packaging solutions. Other packaging and specialty products include the Conformer Products, labels, record sleeves and jackets, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates over ten manufacturing facilities across four provinces in Canada and five manufacturing facilities in three states in the United States.


TSX:SXP - Post by User

Comment by DanielDarden123on Mar 27, 2021 2:02pm
140 Views
Post# 32893203

RE:Any idea why this stock is being held back?

RE:Any idea why this stock is being held back? In my experience most investors rely upon their comfort level rather than the fundamentals of the issuer. When the price recedes their comfort level decreases despite the fact the metrics are improving. This is especially true with deep value where most are afraid to buy until the value worsens (gets more expensive). This is quite apparent in the six month chart. Earnings reports have served as comfort for most as price spikes on better volume have followed each time. The lower trend line is showing that increasingly more are realizing the value of buying the dips.
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