Superior Plus Corp T.SPB

Panic in the streets ...... is when i like to buy

[ALTEL]

3K @ $11.24

6.4% yield ...... that will work just fine


House Positions for C:SPB from 20220218 to 20220218

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
9 BMO Nesbitt	492,356	5,735,381	11.649	122,020	1,394,531	11.429	370,336	-4,340,850
85 Scotia	415,645	4,845,802	11.659	60,354	698,784	11.578	355,291	-4,147,018
7 TD Sec	1,216,968	14,124,350	11.606	912,090	10,554,455	11.572	304,878	-3,569,895
2 RBC	499,349	5,784,105	11.583	208,284	2,394,377	11.496	291,065	-3,389,728
80 National Bank	251,494	2,943,432	11.704	17,682	204,995	11.593	233,812	-2,738,437
19 Desjardins	489,931	5,615,106	11.461	407,713	4,696,509	11.519	82,218	-918,597
89 Raymond James	70,400	831,815	11.816	500	5,880	11.76	69,900	-825,935
88 Credential	60,331	705,832	11.699	6,485	76,300	11.766	53,846	-629,532
5 Penson	192,961	2,249,513	11.658	143,226	1,671,269	11.669	49,735	-578,244
33 Canaccord	68,877	797,890	11.584	31,592	366,737	11.609	37,285	-431,153
124 Questrade	29,992	349,682	11.659	2,952	34,882	11.816	27,040	-314,800
62 Haywood	13,800	161,113	11.675	0			13,800	-161,113
74 GMP	6,000	69,757	11.626	0			6,000	-69,757
70 Manulife	5,500	62,059	11.283	0			5,500	-62,059
83 Mackie	5,200	60,312	11.598	0			5,200	-60,312
76 Industrial Alliance	5,188	60,416	11.645	500	5,790	11.58	4,688	-54,626
56 Edward Jones	5,130	59,957	11.688	456	5,620	12.325	4,674	-54,337
57 Interactive	5,245	61,350	11.697	1,063	12,042	11.328	4,182	-49,308
68 Leede	4,200	48,679	11.59	1,500	17,795	11.863	2,700	-30,884
59 PI	2,305	26,593	11.537	0			2,305	-26,593
22 Fidelity	1,675	19,460	11.618	0			1,675	-19,460
200 Acumen	1,150	12,995	11.30	0			1,150	-12,995
48 Laurentian	1,000	11,610	11.61	0			1,000	-11,610
28 BBS	1,595	18,720	11.737	900	11,097	12.33	695	-7,623
25 Odlum	0			650	7,501	11.54	-650	7,501
65 Goldman	4,608	53,349	11.577	15,169	177,071	11.673	-10,561	123,722
13 Instinet	23,796	274,756	11.546	37,300	432,019	11.582	-13,504	157,263
14 ITG	2,398	28,198	11.759	20,978	241,210	11.498	-18,580	213,012
36 Latimer	3,205	37,499	11.70	21,901	255,960	11.687	-18,696	218,461
72 Credit Suisse	2,300	27,834	12.102	32,600	378,666	11.616	-30,300	350,832
39 Merrill Lynch	37,900	444,990	11.741	75,764	888,002	11.721	-37,864	443,012
79 CIBC	1,175,567	13,692,037	11.647	1,321,896	15,437,945	11.679	-146,329	1,745,908
53 Morgan Stanley	74,296	853,502	11.488	826,803	9,615,846	11.63	-752,507	8,762,344
1 Anonymous	967,403	11,227,255	11.606	1,867,387	21,710,074	11.626	-899,984	10,482,819
TOTAL	6,137,765	71,295,349	11.616	6,137,765	71,295,357	11.616	0	8

[Cheadle12]

Why the panic though?  6.4% means little if this stock is heading back to $9.. Keen to hear your thoughts on the sell off today, who, why and why you think this is such a good hold here even at $11.24... lots of options in the market right now for nice yields.. (even Keyera, Pembina) much more stable profiles.

[ALTEL]

Cheadle said "Why the panic though?  6.4% means little if this stock is heading back to $9.. Keen to hear your thoughts on the sell off today, who, why and why you think this is such a good hold here even at $11.24... lots of options in the market right now for nice yields.. (even Keyera, Pembina) much more stable profiles." Cheadle….. i am a dividend seeker, I currently own 6

[bttmfischer]

I heard that Brookfield holds quite a few of  SPBshares. Does anyone know if Brookfield sold, or bought any SPB stocks in the last 48 hours? TIA

[Konaboy]

My understanding is their investment is in convertible notes, which if actioned would give them 10/20 (?) percent of float. If not converted (which would be big news) then they have nothing to sell.

[ALTEL]

07/13/2020 Superior Plus Announces Closing of US$260 Million (Approximately C$350 Million) Strategic Investment by Brookfield TORONTO--(BUSINESS WIRE)-- Superior Plus Corp. (“Superior” or the “Company”) (TSX: SPB) is pleased to announce the closing of its previously announced US$260 million (approximately C$350 million) equity investment (the “Brookfield Investment”) by an affiliate of

[bttmfischer]

Thnx ALTEL. I don't believe that Brookfield would do anything at this time, just take the steady interest.