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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 Capharnaumon Nov 15, 2021 10:15am
168 Views
Post# 34126849

RE:RE:RE:RE:RE:Q3 2021 Results

RE:RE:RE:RE:RE:Q3 2021 Results
screamer99 wrote: Privatization wouldn't be a surprise.  I stay up at night wondering what that price would be.  I'll lose it if they come out with the standard "the offer price represents a 30% premium over the average SP of the last 30 trading days".

A bit of an odd scenario though - using the Company's (our) money to repurchase shares for the benefit of a select group?  What can you do?

The one year target is discounted. This can easily be $6+ at the current profitability run rate. Just not an industry others get excited about, let alone the size of the company.


Any privatization would require the votes of shareholders. While there are some weak hands selling at these cheap price, I do believe they would need to make an offer closer to $4 for the acquisition to pass.
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