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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

TSX:SXP - Post Discussion

Supremex Inc > More insider buying
View:
Post by HermannHaller on May 03, 2023 5:19pm

More insider buying

George Christopoulos bought another 19,900 shares last week.

He is a 10% holder, and occasional activitist. 

I presume he is confident about Q1 results.
Comment by DanielDarden on May 04, 2023 12:40pm
I see him buying ~50k shares since April 28. The ~ avg. is $6.60. Appears to be quite positive on the future here. He is not buying to lose money!
Comment by Moogul on May 04, 2023 1:54pm
Yeah I think the shares have just consolidated and next quarters are going to be lower growth likely than  in 2022 but the metrics are still outstanding relative to valuation. I think 1-2 years from now this could easily be a double. Maybe it pulls back a little more along the way but trying to time the bottom rarely works. This insider is likely taking a longterm view. 
Comment by bucheroncapital on May 07, 2023 6:47am
Agreed , at the price paid the dividend is hudge so no rush for me, would like to add if the price is depressed at one point.  Any other news form the two big holders?