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Bullboard - Stock Discussion Forum 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... see more

TSX:PKI - Post Discussion

Parkland Corp > Black Swan Event
View:
Post by oilerman77 on Oct 19, 2022 7:26pm

Black Swan Event

Read the analyst call and make your own assessment. Ask any dealer what it is like have full tanks on a decreasing market.In this case the secenario si  multiplied substantially.
Remember a lot of shares were purchased today for a major discount.
This has never been a day trade equity, but a long term yield hold .
Good luck to both sides.
Comment by DeanEdmonton on Oct 20, 2022 12:50pm
oilerman Your comments are way off. If you bought this stock from 2016 on you are likely under water. If it takes more than 6 years to make money, you have picked the wrong pony. Even at todays price the stock only yields 4.7% and that is after dropping 50% from its recent share price. There are LOTS of stocks with that yield and far better capital appreciation over the [past 5 or 6 years. Do ...more  
Comment by Infirstmoney on Oct 20, 2022 9:05pm
I have owned this stock,(in two different accounts), for about 10 years. Originally, I bought in low teens, around 2010, and then, mid-teens, a couple of years later. It didn't really take off until about 2018, when it went from the upper teens, to over 40 bucks. Over the years, it has always paid a nice dividend. I also liked it much better, when it was paid monthly. That said, they have made ...more  
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