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.

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Supremex Inc > New research from Cormark

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Comment by mrmoribundon Jan 28, 2023 8:10pm

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Post# 35252343

RE:RE:RE:RE:RE:RE:RE:New research from Cormark

Thanks for the thoughts on DCM. It is a very neat story and cheap by most metrics.

BUT they have a lot of debt coming due soon. Take a look at note 8 of their Q3 report. Term loans (fixed rates) coming due March 10 ($6 million) and May 15 ($1.5 million). Almost $16 million in floating rate debt, all coming due in 2024.

This is surely what is scaring the market.

That said, if operations can be strong enough to keep the financing situation in order then, yes, the stock will probably do very well.

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