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 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

Supremex Inc > Q3 results

<< Previous

Bullboard Posts

Next >>

Post by RetiredSteelManon Nov 11, 2021 11:24am

186 Views

Post# 34115063

Q3 results

I expect Q3 results to be as good if not better than Q2 ($0.12). First half of year had earnings at $0.28 per share. If Q3 & Q4 at $0.12, yearly earnings at $0.52.

Not too shabby for a $2.40 stock. Share buyback just increases share book value.

Stationary business is probably at a standstill but the future lies in growing the packaging business where markups are large.

I'd expect to start seeing a dividend payout next year.

Good luck to longs.

<< Previous

Bullboard Posts

Next >>

Anaergia expands relationship with PepsiCo