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Bullboard - Stock Discussion Forum Sunora Foods Inc. V.SNF

Sunora Foods Inc is a food oil entity which involves in trading and supplying canola oil, corn oil, soybean oil, olive oil and speciality oils to markets located in Canada, the United States and Internationally. The company operates in the single segment of Food Oil. It offers its product under the Sunora, Sunera and numerous private label brands. Geographically the company receives maximum... see more

TSXV:SNF - Post Discussion

Sunora Foods Inc. > SNF SUNORA FOODS ANYBODY SNIFF OUT INFO WHEN HALT LIFTS??
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Post by moneynorthbound on Jan 21, 2021 10:05am

SNF SUNORA FOODS ANYBODY SNIFF OUT INFO WHEN HALT LIFTS??

I AM LOOKING FOR A CANARY??? anything??? lol dang I am excited WATSUP SNF
Comment by Farmer9 on Jan 21, 2021 12:17pm
My guess is the company is going private.  
Comment by Roddiggiti on Jan 21, 2021 12:42pm
That's what I'm thinking. Only makes sense, their margins are too thin to be paying public listing fee's, audits, etc. The extra $100-150K in G&A per year from all that can go back to the bottom line as retained earnings.
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