Parkland Corp T.PKI

Alternate Symbol(s): PKIUF

Energy Oil & Gas Refining & Marketing

Parkland Corporation is an international fuel distributor and retailer. The Company’s segments include Canada, International, USA, and Refining. Canada segment owns, supplies, and supports a network of retail gas stations, frozen food retail locations, convenience stores, card lock sites, bulk fuel, propane, heating oil, lubricants, and other related services. International segment includes operations in over 23 countries and territories predominantly located in the Caribbean and northern coast of South America. This segment operates and services a network of retail service stations under brands, including Sol, Esso, Mobil, Shell and Texaco. USA segment delivers fuel, lubricants, and other related products and services. Refining segment is responsible for the refining of fuel products, such as gasoline, diesel, and jet fuel, and is also engaged in renewable business activities, such as co-processing of bio-feedstocks and blending of low-carbon intensity fuels with gasoline and diesel.

TSX:PKI - Post by User

Parkland Corp > ,,,,,,,,,,,,,Classic SELLERs REGRET...........??????????

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Comment by SargeXon Sep 12, 2023 12:41pm

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Post# 35631808

RE:RE:,,,,,,,,,,,,,Classic SELLERs REGRET...........??????????

I hadn't finished reading your response as i had stopped at the ridiculous statement that yield on cost is more important than current yield. (as I just explained in the last posting)

I just saw the 113% capital gain statement. I would definitely not have that as I was selling in the > $45 range and would have a capital loss. I would also have way less accumulated dividend income as I bought higher yielders than the low < 2.5% currebt yield on PKI when I was selling.

Total win-win for us.

To top it all off their were actually 3 reasons for selling
1) yield was too low
2) no longer fit in with one of our desired sectors
3) were doing too many dumb acquistions (ie: were in the grow at any cost/CEO get my bonuses mode)

SargeX wrote: I guess that shows how little you actually know about investing. Yield on cost is a total useless number. It's current yield that matters.

Here's an example that I hope you can comprehend.

If I have $10k invested in 250 shares of a stock whose price is now $40 and has a divy of $1 (ie: current yeild of 2.5%), I would get $250 in dividend income per year. If I sell that and buy 250 shares of a stock that has a price of $40 but a dividend of $2 (ie: current yield of 5%), I would get $500 in divy income per year.

Capiche??

Red_Deer wrote: Hey SARGEX__That was a Pretty LAME REASON You POSTED as to WHY You DUMPED
all Your LONG TERM Holdings of ParkLand.

Does NOT MATTER What the CURRENT Dividend Yield IS__What Matters IS What YOUR
ACTUAL Yield IS on YOUR Adjusted Cost for YOUR Shares.

THUS with the Current Dividend RATE @ 34 Cents__YOUR YIELD NOW Would BE 7.3 %

ALONG WITH a GAIN of 113 %__HAD You KEPT all Your PKI Holdings eh !!!!

Likely THIS WAS the Reason For YOUR BASHING of ParkLand a YEAR AGO Along
WITH Your BUDDIE DeanEdmonton eh ????

Made You FEEL GOOD That You HAD MADE a GOOD MOVE by DUMPING all Your
PKI shares eh ????

And NOW You REALISE that MOVE Actually HAS NOT Worked Out VEY WELL at All eh !!!!

Comment by SargeXon Jan 17, 2020 12:19pm

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Post# 30565460

RE:,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,NEWS.......................

Hey Red

Thanks for the heads-up. Sounds like another good take-over.

As I've mentioned. I bought PKI in Oct 2013 at $18.58 as a dividend income stock but it sure has morphed into a growth stock. In the end, I guess it just means the kids will get a bigger inheritance as it sure is a big capital appreciator.

Ciao
Sarge

Red_Deer wrote:Yet ANOTHER ACQUISITION in the States announced__this GROWTH MACHINE just
seems to never get a Full Stomach eh !!!!!!!!!!