Imaflex Inc V.IFX

Alternate Symbol(s): IFLXF

Forest Products Paper & Paper Products

Imaflex Inc. is focused on the development and manufacturing of solutions for the flexible packaging and agriculture industries. The Company’s products consist primarily of polyethylene (plastic) film and bags, including metalized plastic film, for the industrial, agricultural and consumer markets. Its polyethylene films are mainly sold to printers known as converters, who process the film into a finished product to meet their end-customer needs. Additionally, its films are sold directly to customers to protect and market their own products or bought by distributors for re-sale. Its agricultural films are finished products, predominantly sold directly by the Company to growers. Its portfolio includes common mulch, compostable and fumigant barrier films, as well as metalized crop protection films that add pest/weed control and/or accelerated growth benefits beyond those provided by its common mulch films. It has manufacturing facilities in Canada and the United States.

TSXV:IFX - Post by User

Imaflex Inc > pullback

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Post by Ciaoon Oct 08, 2024 12:15pm

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Post# 36257982

pullback

20% pullback from the high after Q2 was released. They could pull out .20 EPS for 2024 giving it a current PE of 7X.

The EPA approval would be a game changer for the company and it's been an unbearablly long wait.

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