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.

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Superior Plus Corp

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Comment by Roxy27on Sep 28, 2017 12:51pm

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Post# 26754276

RE:Superior Close Canwest Propane Acquisition

$15 million in total savings is $0.14 per share which adds $0.84 in share value at an 8x multiple.
This brings my target share price up to nearly $13 and I would consider adding below $12.
It's at a good level now (not overly cheap or exensive) and will look to this winter season and beginning of synergy recognition in the year ahead.

Good luck.

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