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Bullboard - Stock Discussion Forum Imaflex Inc V.IFX

Alternate Symbol(s):  IFLXF

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... see more

TSXV:IFX - Post Discussion

Imaflex Inc > nice uptick as we get closer to yr end numbers April 14th
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Post by microcaphobby on Apr 08, 2022 10:55am

nice uptick as we get closer to yr end numbers April 14th

Fertilizer products are in high demand and agriculture stocks  are performing  much better as food shortages gontinue  and high fertilizer prices take hold. These products are the highest margin ones of rthe company so lots of room for  revenue and earnings expansion.
A couple of block trades in the past few weeks in the $1.20 range are positive technical signs.
Comment by Ciao on Apr 08, 2022 11:08am
Those few shares at $1.30 have been there forever, but yeah, based on liquidity, those look like "blocks".  Nonetheless very positive to see them being taken out.
Comment by Ciao on Apr 11, 2022 9:53am
Now we have a similar sized wall at $1.40 to be taken down. Do they pre-anounce the release for year end results?
Comment by microcaphobby on Apr 11, 2022 10:14am
They did not pre-announce last year. I understand the numbers will be out before the market opens on the 14th.
Comment by Ciao on Apr 11, 2022 10:58am
The 14th, that's this Thursday. I haven't seen the invite for the conference call, do they have one?
Comment by Daudau11 on Apr 12, 2022 9:36am
Don't believe they ever had a conference call before.  
Comment by Paddy902 on Apr 12, 2022 9:20pm
Certainly been a few good days, the shares at from last month looking like a smart move. Would love to see $1.80.
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