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

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TSX:SXP - Post Discussion

Supremex Inc > 10%+ Holder Adding

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Post by DanielDarden on Oct 03, 2024 4:14pm

10%+ Holder Adding

GC added 20k shares recently to add to his position. With the issuer bid reducing the share count monthly, the % automatically rises too. He and the Zucker Trust obviously control the direction this is taking, which should be interesting. How long can it stay this cheap, without some action?

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Comment by Jambalaya54 on Nov 04, 2024 11:17am

If share action leading up to this Thursday's 3Q results announcement is any indicator, someone believes that the results are going to be favorable?

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Comment by mrmoribund on Nov 04, 2024 6:40pm

Maybe. Actually, there's reason to be concerned Q3 will be weak. That's because at the end of August the company did NOT renew their NCIB. That was a bit weird given the emphasis they've long put on share buybacks. Why would they not even renew it unless their Q3 was seeing real problems? However, since then there have been two developments which should be really good for the company ...more

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