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Parkland Corp T.PKI

Alternate Symbol(s):  PKIUF

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

Post by Red_Deeron Jan 03, 2024 5:58am
146 Views
Post# 35808228

RE:RE:Changes in the Board Tell Me Parkland is Reverting

RE:RE:Changes in the Board Tell Me Parkland is RevertingBANKRUPTCY !!!!!!!!!!

THIS is Just ONE of the MANY Predictions Made by this SELF STYLED Guru.

Comment by DeanEdmontonon Oct 08, 2022 3:20pm
135 Views 
Post# 35014227

RE:Buyback plan needed And Increase shareholders dividend.

You really don't seem to understand how this works. They are packing so much debt no way would the lenders terms allow them to increase dividends, let alone buyback shares. On top of that they don't have enough cashflow to do either without even more borrowing. The NAV of this company is NEGATIVE, once you strip out the value of goodwill. Unless they can dramatically improve their pofitability this company is headed for bankruptcy.

Mrlongpants wrote:Buy back big time at this share price and cancel shares. BUY BACK PROGRAM NEEDED NOW.
This would be good for them and the share holders. GLTALongs
 
So Should ANYONE Heed this Latest PREDICTION eh !!!! ????

It would appear Parkland intends to go back to its old ways of piling on debt, adding companies that are not easily integrated nor immediately, if ever, accretive. Hope I am wrong but would not be holding this waiting to see which way it ends up going.
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