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Bullboard - Stock Discussion Forum 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... see more

Bullboard (TSX:SXP)

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Comment by Moogulon Feb 15, 2023 3:48pm

RE:RE:RE:RE:RE:What is going on

I'm actually leaning towards a near term equity raise. Nothing massive, but the amount of debt they now have is quite significant Especailly with intrest rates where they're at today. Not that ...more  
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  • UndeniableX
Comment by Undeniableon Feb 14, 2023 4:20pm

RE:RE:RE:RE:What is going on

I agree, I have confidence in this stock. I believe when they report it will shoot back up. Believe that is next week. Has a history of reporting above estimates.  was just curious if I was ...more  
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  • Jambalaya54X
Comment by Jambalaya54on Feb 14, 2023 9:38am

RE:RE:RE:What is going on

I am not concerned with this sell-off seeing that in the last couple of weeks a million shares were traded at well over the sell-off close @ $7.05.. Investors are allowed to take profit even though I ...more  
Comment by emiltechon Feb 12, 2023 2:30pm

RE:RE:RE:What is going on

Some heavy selling in CCL.B in the last two business days could explain in part what is going on here. CCL.B will report Q earnings next Thursday.
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  • UndeniableX
Comment by Undeniableon Feb 12, 2023 1:02pm

RE:RE:What is going on

I agree with that except I do think it is a possibility that newer investors heard that Sxp was dropping and it spiraled. Who knows really. Think it is a little early to selling off this much for ...more  
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  • BarrhaveniteX
Comment by Barrhaveniteon Feb 11, 2023 9:01pm

RE:What is going on

Mr Undeniable, not convinced Sxp crypto error is the cause. SXP is not widely held so to say so many investors hold both SXP and Sxp Crypto in their portfolio and sell by error????? A better answer ...more  
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  • UndeniableX
Post by Undeniableon Feb 11, 2023 3:16pm

What is going on

Thanks for all the replies. I do believe it is a fast sell off because of Sxp crypto. Investors over reacted and sold wrong stock. Looking forward to earnings and will probably pick up more at these ...more  
Comment by emiltechon Feb 11, 2023 11:22am

RE:RE:RE:RE:RE:RE:Stock price dive

Not an equity issue IMHO. From the narrative of their official news, they had all the money to pay for cash for their recent acquisition deals without shareholders dilution. So other plays taking ...more  
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  • DanielDarden123X
Post by DanielDarden123on Feb 11, 2023 11:21am

Profit Taking

It is not unusual for portfolio managers to lock in profit at the first sign of weakness after a runup. The greed of January seems have turned to fear of more hikes now so protecting capital may be ...more  
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  • hawkowl1X
Comment by hawkowl1on Feb 10, 2023 10:25pm

RE:No Idea

Yes this new format is horrible . I wont waste my time on this site. This is my only non energy security.. A lot of great posters and information on Investor Village  Energy forum Good luck to ...more  
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  • mrmoribundX
Comment by mrmoribundon Feb 10, 2023 9:40pm

RE:RE:RE:RE:RE:RE:Stock price dive

Well, yes, I agree it's hardly assured. But . . . The company has recently spent about $50 million on two acquisitions. And the stock has run up very nicely. So it kinda looks like the timing is ...more  
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  • BarrhaveniteX
Post by Barrhaveniteon Feb 10, 2023 8:18pm

No Idea

Lots of valid comments on the drop today. SXP Crypto error, cash for shares and how about deflationary reports in the broad market. I do know one thing. SH really screwed up on this new format. It ...more  
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  • HermannHallerX
Comment by HermannHalleron Feb 10, 2023 7:58pm

RE:RE:RE:RE:RE:Stock price dive

Well I'm no genius, but the Cormark report is only 21 pages (before the disclaimers), and I've seen research reports over 100 pages, so this was no monumental undertaking. Second, IA covered ...more  
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  • mrmoribundX
Comment by mrmoribundon Feb 10, 2023 5:21pm

RE:RE:RE:RE:Stock price dive

Better guess is SXP is about to raise money through an offering or a bought deal. Part of this picture would be Cormark sending out feelers to institutional investors. To make it happen they would ...more  
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  • hawkowl1X
Comment by hawkowl1on Feb 10, 2023 3:25pm

RE:RE:RE:Stock price dive

Also possible a huge cross trade is in the making near close.