Supremex Inc T.SXP

Alternate Symbol(s): SUMXF

Forest Products Paper & Paper Products

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 through two 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 high-end quality folding carton packaging and e-commerce fulfillment packaging solutions. Its other packaging and specialty products include the Conformer Products, labels, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates 10 manufacturing facilities across four provinces in Canada and six manufacturing facilities in four states in the United States.

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Supremex Inc > Dividends

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Comment by nic_jordanon Nov 06, 2021 12:02pm

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Post# 34095786

RE:RE:Dividends

Here are a few ratios that illustrate just how insanely cheap Supremex is (especially when you consider how far in lala land the rest of the market has gone ) :

Price/Sales : less than 0.35 (According to my calculations : 66M$/200M$)
Price/Earnings : 6.4 (From TMX)
Price/Book : 0.73 (from TMX)

Also, last quarter they has cash flow from operations of 4.9 M$, which for 27M shares outstanding amounts to 0.18$ per share. Earnings were 3.4 M$ or 0.12$ per share.

It is my contention that they can afford to reinstate the dividend, and that since a “suspension” is understood to be something temporary, it is high time, after more than a year and a half, to bring it back.

Cheers!
Nick

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