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Rogers Sugar Inc T.RSI

Alternate Symbol(s):  RSGUF | T.RSI.DB.E | T.RSI.DB.F

Rogers Sugar Inc. is a provider of sugar products to the Canadian market. The Company operates through two segments: Sugar, which includes refined sugar and by-products, and Maple, which includes maple syrup and maple derived products. The Company operates through its wholly owned subsidiaries, Lantic Inc. (Lantic) and The Maple Treat Corporation (TMTC). Lantic sugar products include granulated, icing, cube, yellow and brown sugars, liquid sugars and specialty syrups. Lantic also operates a distribution center in Toronto, Ontario. Lantic operates cane sugar refineries in Montreal, Quebec and Vancouver, British Columbia, as well as the Canadian sugar beet processing facility in Taber, Alberta. TMTC products include maple syrup and derived maple syrup products supplied under retail private label brands in over 50 countries and are sold under various brand names. TMTC operates bottling plants in Granby, Degelis and St-Honore-de-Shenley, Quebec and in Websterville, Vermont.


TSX:RSI - Post by User

Comment by national10on Oct 26, 2023 4:30pm
221 Views
Post# 35702980

RE:RE:RE:52

RE:RE:RE:52 I have been in and out of this stock for years. It is a sleeper (wont keep you up at night) stock. Also meaning the wheel turns and it generally makes money and the dividend is secure. 

Whenever RSI re-tracks to $4.50 to $5 a share it makes for a very good entry point.  You can take the dividend for a couple of years and then sell in the $6.00 to $6.50 range for a reasonable CAP GAIN. 

With the strike being in the 4 week, I am not sure if we can see one more dive on the share price.  This could see $4.50/share in the next 2 weeks.  It will then be easy money as a hold for 2-3 years as the price recovers and you get the dividend!

Cheers  
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