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SunOpta Inc. Message Board

biggestbison 6 posts  |  Last Activity: Jan 25, 2015 10:18 AM Member since: Sep 6, 2003
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  • A great read from Bill Hammond, chief executive officer of Hammond Power Solutions Inc., a Guelph, Ontario company in the Globe and Mail on 1/23/15. The challenges the global economy faces are pretty tight. Let's hope SunOpta management wasn't too heavy on non-Swiss franc, Euro currencies, before the Swiss decoupling. Most revenues are in US dollars so the leg down in the Loonie isn't going to affect us as much. I highly doubt we will see a sale of any non-food holding in this environment unless Opta Minerals becomes some sort of strategic asset for a shipping, manufacturing or military company.

    Some advice going forward for you newer shareholders out there is likely prudent because the markets generally have three participants: the quick and the dead and the patient.

    "If the enemy advances once and withdraws, pause to see what happens. If the enemy advances twice and withdraws, advance aggressively and slash with your sword."

    Sentiment: Hold

  • Reply to

    Sale of the fiber business

    by biggestbison Dec 16, 2014 10:13 AM
    biggestbison biggestbison Jan 14, 2015 9:00 PM Flag

    Yes indeed. What a fine move that was by Team SunOpta selling the fiber business before disinflation. We should save a pretty penny on interest as the US dollar rallies and STKL can use its strong US dollars to buy commodities on the cheap from emerging markets. That should boost the Tetra-Pak section as well as all manufacturing lines. We might be stuck with Opta Minerals for a while as related sectors cool off but that's okay. Under Kruse, Opta Minerals has been pretty good for shareholders. I'm quite impressed with management right now.

    Sentiment: Hold

  • biggestbison by biggestbison Dec 22, 2014 12:31 PM Flag

    Now entering our second round of institutional selling. The collapse of the Russian ruble and the ripple effect of economic malaise could be working hard here. I doubt this this will be the last of the selling.

    Sentiment: Hold

  • biggestbison by biggestbison Dec 16, 2014 10:13 AM Flag

    Hmm. That should bring debt down to a touch over $100 million and sell the fiber business to the former competitor. I think this is a good move. Fiber has been a big growth area but it has shifted to softer times. A good company changes as needed.

    Sentiment: Hold

  • biggestbison by biggestbison Dec 14, 2014 2:43 PM Flag

    Looks like the third generation of STKL holders these days with most being institutional. With total debt at $143 million and the lowest level of debt since Dec. of 2010, we are looking pretty good. Other encouraging signs are the abilities to leverage cost controls over wide swaths of the company while working on contract pricing. The move to lower debt levels was absolutely brilliant because as oil shale formations came on line, the prospect of inflation dried up and deflationary trends took hold across Europe and now the US. There's no better time to pay off debts just before a larger deflationary cycle begins. That should mean we can look forward to even more debt reduction that will save cold, hard cash in the form of prior interest payments.

    As a second generation shareholder, I've seen a lot of changes over the years. For the people who had doubts about this company, they were quite wrong. I always follow the fundamentals.

    Sentiment: Hold

  • biggestbison by biggestbison Nov 12, 2014 2:49 PM Flag

    I had a hunch we would see some heavy selling. SunOpta had a great run from the lows but a revenue miss is not something to overlook; even on a penny beat. A revenue miss in this industry is a warning shot across the bow and the stock is getting firmly punished.

    Sentiment: Hold

STKL
10.57+0.19(+1.83%)Jan 29 4:00 PMEST

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