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Richards Packaging Income Fund T.RPI.UN

Alternate Symbol(s):  RPKIF

Consumer Cyclical Packaging & Containers
Richards Packaging Income Fund (the Fund) is a Canada-based company. The Fund owns Richards Packaging Inc. (Richards Packaging), which serves a range of customer bases throughout North America comprised of approximately 17,000 regional food, beverage, cosmetics, healthcare, and other enterprises. Richards Packaging specializes in the design, manufacture, and distribution of packaging solutions in both glass and plastic containers and closures for a variety of markets. The Company's services consist of global sourcing, inventory management, manufacturing, and packaging 101. The Company also operates other divisions, which includes Clarion Medical Technologies, Dispill, Dosipill International, and Healthmark. Under RICHARDS Pharma Solutions, it offers personal protective equipment (PPE)/specialty, laboratory, and automation solutions as well as products, such as vials, bottles, and ointment and lotion.


TSX:RPI.UN - Post by User

Richards Packaging Income Fund > CFO Buys
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Post by DanielDarden123on Mar 12, 2022 10:46am
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Post# 34508890

CFO Buys

CFO BuysHe spent ~ $200k buying yesterday post earnings @ $51.41. Obviously he sees something that the sellers don’t see. Notably, while the results were disappointing compared to FY ‘20, they were very impressive when compared to FY ‘19. As Covid becomes less of a factor, and cosmetic sales improve, this should stabilize. Will investors care? Probably at higher prices!
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