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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 nic_jordanon Nov 04, 2021 5:42pm
111 Views
Post# 34089149

RE:RE:RE:RE:Cheapness

RE:RE:RE:RE:CheapnessWell I agree about the buyback. I can't understand why they don't reach their allowed maximum of 12877 shares bought back every damn trading day. There is a risk in letting the share price being this undervalued for so long. (And I would argue that it hasn't been undervalued only for a few weeks or months. It has been for several years !) That risk is that they might succomb to any low ball buyout offer. I have no doubt that many day traders or other "weak hands" would trip over themselves to accept a 5$ or so lowball hostile offer. That unfortunately would be the equivalent of letting a lot of money on the table in the form of unrealized value. That is why I insist that they must also bring back the dividend. That would make sure that we don't stay at a measly p/e of only 6 or 7 like currently. For comparison, the S&P 500 index is almost at a p/e of 30 !
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