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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 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.


TSX:SXP - Post by User

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  • bucheroncapitalX
Comment by bucheroncapitalon Nov 09, 2023 10:59am
115 Views
Post# 35726085

RE:"Top line is vanity, bottom line is sanity"

RE:"Top line is vanity, bottom line is sanity"
mrmoribund wrote: I think I got that right.

Must say I quite liked SE's closing summary. Let it not be said there is no poetry in the packaging / envelope business.

Weird to me that the stock is still down (a bit) on the news this morning. Looked pretty solid to me and I have no doubt this is a very solidly-managed company.

Part of the weakness in the stock is likely due the state of the stock market itself. One comparison. Urbana Corporation (URB.A), closed end fund. Excellent record as stock pickers. Just look down their holdings list. Used to trade at roughly a 45% discount to NAV per share. But now it's closer to a 53% discount. It seems to just be the current mood of investors--at least in the value space.

Beats me how you reconcile that with Shopify currently trading at 12x sales and 10x book value. No crazier, I suppose, than what was going on in 2021.

I personally added stocks this morning under and around $4 thanks MR MARKET !
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