Intertape Polymer Group (ITP.TO) Buy, Sell or…

Intertape Polymer Group (ITP.TO)

40.48

-0.00 (0.00%)

as of Jun 30, 2022, 8:00:00 pm Market Open.

186 watching

PAST TOP PICK

(Top Pick Sept 15/08) Really got beaten up badly. Went under a dollar. Reducing debt put them in a better space. Still have 250 Million in debt.

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PAST TOP PICK

(A Top Pick July 4/08. Down 64.94%.) Barometer of the economy. Sales went down 23% year-over-year. Insiders have been doing a lot of buying. Cutting expenses. As housing and aerospace picks up, the stock should recover. New products seem to be ramping up a little. Still believes in it and it is still on his Buy list.

PAST TOP PICK

(A Top Pick July 4/08. Down 66.09%.) Still on his Buy list. Has recovered and insiders have been doing a lot of buying. Tied into housing and the aviation industry. Cut a number of employees in December and also took wage cuts. Streamlined operations. Refinanced debt. Clean balance sheet.

BUY

Deals with tape, housing and airline industry. Refinanced their debt last fall so there shouldn't be a problem with this. Have cut back on staff. New products should create revenues. Could be a 10 bagger.

TOP PICK

Had not made money since 2005 but has finally started to turn a profit. Into tape, film, housing and airlines area. Management has started to pare down debt. Wouldn't surprise him that it gets turned around and then sold at $15 plus. This could take years.

TOP PICK

Old management took on a lot of debt. Management changed but old management came back, which made a lot of sense. Revenues of about $750 million. Looking to cut debt load and costs. Takeover offer of about $4.65 last year. Good long term track record. Caveat: Provide a lot of tape to the housing industry.

PAST TOP PICK

(Top Short Feb 2/05. Down 4.5%.) It should be a lot lower, but they found some institutions to do an underwriting. Facing higher resin costs. Not effecient. ROE is low. Has a ton of good will. Take write downs every single quarter.

TOP PICK

Top Short Doesn't short stocks in the fund. They buy resins and ethylene/plastic prices are going through the roof. Thinks they are going to get hurt significantly.

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DON'T BUY

Not a fan of the management team. Have restructured their debt which will hurt earnings in the short term, but will save the company. Prefers others.

BUY

Cyclical with the construction business. Should do very well. The recent price drop is a good entry point for a fairly expensive stock.

PAST TOP PICK

(Top Short Sept 12/03. Up 9.66/12.74.) Didn’t work out. Still feels that it’s grossly over priced.

TOP PICK

Top Short Stock has gone from $4 to $10 and doesn't think there is anything there. Feels the earnings are overstated. No generation of free cash flow. They are in trouble with the banks.

WEAK BUY

Had some big problems. Violated their debt covenance but seems to have skated on side. Will turn it around. Very risky.

DON'T BUY

Economically sensitive.

Showing 136 to 149 of 149 entries

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Intertape Polymer Group (ITP.TO)