Shermag
Toronto symbol SMG, makes high-quality residential furniture at plants in Quebec and New Brunswick.
SUNOPTA INC. $5.36 (Toronto symbol SOY; SI Rating: Speculative) (905-455-2528; www.sunopta.com; Shares outstanding: 63.9 million; Market cap: $342.5 million) fell recently after the company said it is replacing its chief executive officer and chief financial officer following an ongoing audit investigation into a large writedown in its berry business.
SunOpta gets the bulk of its revenues from its Foods division, which …read more »
SHERMAG INC. $1.74 (Toronto symbol SMG; SI Rating: Speculative) (819-566-1515; www.shermag.com; Shares outstanding: 13.3 million; Market cap: $23.7 million) has suffered the past few years from the strength of the Canadian dollar, which raises its export prices to the U.S. market, and from high production expenses. Shermag has started to close plants and shift production to China to cut costs. …read more »
SHERMAG INC. $1.91 (Toronto symbol SMG; SI Rating: Speculative) (819-566-1515; www.shermag.com; Shares outstanding: 13.3 million; Market cap: $25.5 million) makes high-quality residential furniture at plants in Quebec and New Brunswick. It has suffered in the past few years from the strength of the Canadian dollar, which cuts the price of imported furniture and raises Shermag’s export prices.
Shermag’s sales fell 17.4% …read more »
SHERMAG INC. $2.32 (Toronto symbol SMG; SI Rating: Speculative) (819-566-1515; www.shermag.com; Shares outstanding: 13.3 million; Market cap: $31.0 million) makes high-quality residential furniture at factories in Quebec and New Brunswick.
Shermag reported 11.5% lower sales in the three months ended September 29, 2006, to $42.5 million from $48.1 million. However, the company was able to cut its loss to $1.1 million …read more »
