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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 06, 2021 12:02pm
168 Views
Post# 34095786

RE:RE:Dividends

RE:RE:DividendsHere 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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