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Bullboard - Stock Discussion Forum Spark Power Group Inc T.SPG

Alternate Symbol(s):  SKPGF | T.SPG.W

Spark Power Group Inc provides electrical power services and solutions to North American industrial, commercial, institutional, renewable... see more


Bullboard (TSX:SPG)

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(4)
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  • GlassHalfX
Comment by GlassHalfon Jun 02, 2023 9:28pm

RE:RE:RE:Ex bullfrog numbers?

I'm assuming you are loading up on Spark based on the low stock price. Although the low volumes don't show it. The EBITDA for continuing ops is $4.5 million. The adjusted EBITDA (with ...more  
Post by SIGG1on May 25, 2023 12:36pm

Insiders are not buying.

I don't see any insiders buying? Why is that? If this is trading at such a good discount.... 
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(3)
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  • longonpotX
Comment by longonpoton Apr 26, 2023 9:03am

RE:Checking in

Should we run the FMV calculation of share price again? 4X multiple given the multi-year lack of growth?
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(4)
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  • GlassHalfX
Post by GlassHalfon Apr 19, 2023 8:33pm

Checking in

Things are quiet here and not much volume.  Maybe I'm glass half empty guy but I really didn't find much encouraging about the year end discures. I think they will have a tough time ...more  
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  • ErnieandbertX
Comment by Ernieandberton Feb 18, 2023 9:10am

RE:5 Top Picks for 2023 – A Levered Turnaround Story...

Any idea what the heck went on with this stock yday?  Up big (to a high of $0.78) on biggest volume in a year.  Given the way this stock has moved on mnpi in the past, there could very well ...more  
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  • ErnieandbertX
Comment by Ernieandberton Jan 14, 2023 2:31pm

RE:5 Top Picks for 2023 – A Levered Turnaround Story...

Agreed.  Detailed analysis.  I think, given the Board/Mgmt's FU's, this is a show-me story.  Perhaps after they release the 4Q22, it willl get some legs and then after 1Q23, the ...more  
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(0)
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  • AndsaskatoonX
Comment by Andsaskatoonon Jan 11, 2023 3:09pm

RE:5 Top Picks for 2023 – A Levered Turnaround Story...

Nice post - they trade for more than 1x though I think you need to add the debt SPG should be worth >$1.50 but needs some impotus/excitement to move, which is the thing Spark has been the worst ...more  
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(30)
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  • TallerCraigX
Post by TallerCraigon Jan 11, 2023 5:55am

5 Top Picks for 2023 – A Levered Turnaround Story...

Forgot to hit post on a couple of these so I will just fly through this one. This is a personal favourite set-up I love to find. You got a highly levered business with a secular growth business that ...more  
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(230)
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  • ErnieandbertX
Comment by Ernieandberton Dec 29, 2022 12:52pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ex bullfrog numbers?

 1) You may be right on Jackson presenting himself as a block and tackle sort of guy and not being so, but he is far more so than Sparaga.  He seems to understand the business of bidding on ...more  
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(3)
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  • longonpotX
Comment by longonpoton Dec 29, 2022 9:24am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ex bullfrog numbers?

Jackson is not a block and tackle guy, despite how he presents himself. He is the R in REDJAR and arguably has an ego the same size as Sparaga. He needs to go for Spark to succeed. All of REDJAR ...more  
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  • ErnieandbertX
Comment by Ernieandberton Dec 28, 2022 8:26pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ex bullfrog numbers?

Yes they had a WC problem but that was if their own making.  Apparently they have rationalized a lot of field offices which will help but the real need is to release the A/R and contract asset WC ...more  
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(4)
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  • GlassHalfX
Comment by GlassHalfon Dec 28, 2022 7:54pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ex bullfrog numbers?

This is actually a good exercise to go through.  Out of the rights offering, approx $8.2 million went to pay promissory notes that were subordinated to the bank. I'm assuming these related ...more  
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(3)
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  • longonpotX
Comment by longonpoton Dec 28, 2022 3:23pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ex bullfrog numbers?

Let's hope they can! I am skeptical on the current CEO helping, he is cut from the same cloth, but I hope you're right. Do you understand where the first 39.6M from the Rights Offering went?
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(179)
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  • GoodMonkeyX
Comment by GoodMonkeyon Dec 28, 2022 3:05pm

RE:Falling knife

will someone dump hundreds of thousands of shares before the close? last hour for tax loss selling for 2022
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(230)
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  • ErnieandbertX
Comment by Ernieandberton Dec 28, 2022 2:19pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ex bullfrog numbers?

My sense is they realize the error of their ways (as shown in messed up sale process and fraudulent rights offering) that the other three board members neutered them a bit.  They will take out ...more  
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