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Bullboard - Stock Discussion Forum Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Superior Plus Corp. is a Canada-based company, which is a distributor and marketer of propane and distillates and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane... see more

TSX:SPB - Post Discussion

Superior Plus Corp > Timing...
View:
Post by soup4lunch on Jan 12, 2024 4:38pm

Timing...

Would be a lovely time for a bid just before earnings!
s4l
Comment by Freezerburn on Jan 12, 2024 6:15pm
I'd rather not see a "bid". I'd prefer to be a shareholder of Superior as it reaches it's full potential. All a buyout does is deny the early and long time shareholders they're due.
Comment by Freezerburn on Jan 12, 2024 6:16pm
"their".... scuse me.
Comment by bttmfischer on Jan 15, 2024 10:07am
I think a takeover bid would only help some of us, if there would be more than one "bidders," like it was  with Inter Pipeline, Brookfiels and Pembina. Other than that, it may not be a posiitive developement.
Comment by Apaulson on Jan 15, 2024 10:21am
Brookfield is up to something.  The share price is too low for them not to take advantage of it.  CIBC's target price is almost 50% higher. Short interest from Dec. 15th to Dec. 31st dropped almost 20%.   Whatever you do, don't short this.....
Comment by Shylock40 on Jan 16, 2024 9:08am
Agreed, something is cooking... retailer investors should stick to their guns and maintain/add to positions.. this is going the way of IPL at $13.5/share takeout.. Best of Luck to All!
Comment by Puma1back on Jan 16, 2024 3:44pm
Well, we made it over the 50 dma but then smashed back through it so far today- be interesting to see if it can stay above or not.
Comment by Baystboy07 on Jan 16, 2024 4:04pm
I think if the temp goes to -40 all over North America for 3 months we might get it to push through. I still think M&B is liquidating. Just seems like someone pushes it down every time it gets some traction.  Getting tired of management and I think they should initiate a strategic review. God knows nothing else seems to working. GLTS
Comment by bttmfischer on Jan 16, 2024 9:33pm
There could be "something cooking" Shylock, but Brookfield usually looks for vulnerable targets. As you mention IPL, they were in financial trouble because of cost overruns of the Heartland Petrochemical Project. Brookfield tried to pick IPL up cheap, but IPL got Pembina involved(thank goodness) and in the end, BIPC ended up paying a fair price for IPL. Without PPL's involvement, I ...more  
Comment by Baystboy07 on Jan 12, 2024 6:40pm
Starange surge in volume end of day. Wonder what the rumor going around was. 
Comment by Puma1back on Jan 14, 2024 1:40pm
Correlated with closing near the high for this month- good short term signal at least. 10% or so of volume were tagged 1600 hours - so maybe an end of market settle transaction. Friday was Last day for mid month short cut off reports   
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