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Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

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

Bullboard Posts
Comment by bigbear4511on May 16, 2016 5:50pm
214 Views
Post# 24878768

RE:RE:RE:RE:Zero book value is normal for some companies.

RE:RE:RE:RE:Zero book value is normal for some companies.
Aminvestor1234 wrote: bigbear4511: I don't know much about Canexus. A quick look at it's balance sheet did point to a large reduction of intangibles in 2014 and 2015, and a large deficit. What is NOL? Are you referring to non-capital losses? If SPB can utilize CUS's NCL it will definitely be beneficial to the after tax income.


Net Operating Losses/ Net capital losses take your pick. They spent a ton of money (300 million or so) on this Blunderheim deal only to sell shortly later for 75 million. Loss carry forwards should be quite large for a while and could invariable lead to superior paying down debt much quicker. Can you imagine if HCL demand increases like it was only a few years ago? Than the stock will rock.
Bullboard Posts