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Intertape Polymer Group Inc.
Symbol: ITP-N
Active: N
Sector: packaging/containers
Last Price: 2.270
Last Price Date: 2009-12-10 01:09:56
Globe 200 day average


PAST TOP PICK	2.270	Benj Gallander	(A Top Pick Oct 22/09. Down 35.3%.) Lost a $13 million court judgment, which they will appeal and are confident on but he is not sure. Things are looking better but they continue to lose money. Hold.	2010-11-11

Comment	2.270	Benj Gallander	Wished he bought more when it went down last. They just had a bad quarter. It is on his buy list. When housing turns it should do well. CEO stepped down and son took over. Son seems to know what he is doing. Would like to see someone come out of the woodwork with a takeover bid.	2010-08-17

PAST TOP PICK	0.860	Benj Gallander	(A Top Pick Jan 25/08. Down 64.8%.) Housing and aircraft sectors have been hit hard. About $800 million in revenues. More debt than he likes but they don't have to refinance. Still a Buy.	2009-01-12

TOP PICK	2.700	Benj Gallander	75% of their manufacturing is in the US so the stronger Cdn$ wouldn’t affect them. Export about 50% to Canada. Takeover offer last year at $4.66 was turned down. Company had the first profit this last quarter since 2005, which is indicative of a turnaround. They are reducing debt.	2008-01-25