Mississauga, ON -- (SBWIRE) -- 04/22/2015 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Imaflex Profitable in Fourth Quarter of 2014."
Companies mentioned in this article include Imaflex Inc. (TSX-Venture:IFX).
Article Excerpt:
There's plenty of buzz on Wall Street about this earnings season as investors mull the impact of a strong US dollar, cheap oil and sluggish global economies during the first quarter with expectations that companies will mostly post soft top and bottom lines. In a similar position, Canadians have to be selective in what to cheer about with respect to profits and revenue for companies listed on the benchmark S&P/TSX Composite Index, with forecasts of a quarter-over-quarter decline of 20 percent for net income and 3.4 percent for sales during Q1. Investors need to delve into companies' numbers to glean value because a huge chunk of the headline declines are at the hands of the energy sector, while other sectors, such as industrials, health care and consumer staples, are predicted to show growth.
There can also be merit in looking for growth in companies that don't trade on so-called "big boards" or as members of popular indexes. Imaflex Inc. (TSX-Venture:IFX) hasn't yet reported results from the first quarter of 2015, but the company on Wednesday released its results for the fourth quarter and year ended December 31, 2014, showing an upbeat end to the year. Headquartered in Montreal, Canada with divisions Canguard Packaging and Canslit in Victoriaville, Québec, and subsidiary Imaflex USA Inc. in Thomasville, North Carolina, the company develops, manufactures and sells a wide variety of flexible packaging materials globally.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/499/imaflex-profitable-in-fourth-quarter-of-2014.htm
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