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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 > pullback
View:
Post by Ciao on Oct 08, 2024 12:15pm

pullback

20% pullback from the high after Q2 was released. They could pull out .20 EPS for 2024 giving it a current PE of 7X.

The EPA approval would be a game changer for the company and it's been an unbearablly long wait.
Comment by jcdcautious on Oct 09, 2024 5:00pm
This is a tiny ( but promissing ) stock. A candidate for : TCL.a ????  
Comment by Ciao on Oct 09, 2024 5:05pm
The management team at IFX sold their previous packaging company, so a similar exit strategy is likely here but I don't see that happening until they maximize the potential of IFX with the new extruders and agriculutral film sales.
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