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Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Utilities Utilities - Regulated Gas
Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy 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 Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), North American Wholesale Propane Distribution (Wholesale Propane) and Certarus Ltd. (Certarus). The U.S. Propane segment distributes propane gas and liquid fuels primarily in the Eastern United States and California, as well as the Midwest to residential and commercial customers. The Canadian Propane segment distributes propane gas and liquid fuels across Canada to residential and commercial customers. The Wholesale Propane segment distributes propane gas and other natural gas liquids across Canada and the United States.


TSX:SPB - Post by User

Superior Plus Corp
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Comment by DerbyDogon Feb 29, 2016 8:21am
87 Views
Post# 24604475

RE:RE:Positive on SPB but concerns over market in general

RE:RE:Positive on SPB but concerns over market in general
bilyswed1 wrote:
Sittingbull11 wrote: Comments welcome. I own SPB, and I am positive about the company. However, I am deeply concerned about the overall market. My concern is a strong downturn in all stocks, bringing SPB along with it. The overall look of the market looks overvalued, overleveraged. I welcome thoughts.......


Great comments


Hmm.. On the Macro side anything can happen. Markets can remain irrational longer than any of us can remain solvent, but looking at the TSX I would argue that the correction is behind us. Peaking at +6% last year and finsishing at -11%... That's a 17% correction peak to trough.  Throw in year to date volatility and I think we have weathered a fairly typical correction unless you think something more nefarious is going on.

Again, anything is possible, but if investing is a leap of faith I would suggest you are jumping out of the basement window.
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