in the news - insider buying too
The Globe and Mail report in its Saturday, April 14, edition that Superior Plus ($13.10) is up about 10 per cent following the release of fourth quarter financial results released on Feb. 14.................................................. The Globe's Ted Dixon writes in the Who's Buying and Selling column that Superior Plus posted net earnings of $45.3-million, up from a loss of $22.8-million in the previous year. The Who's Buying column featured Superior Plus on Oct. 7, when it was trading at $12.46.............................................. Since the quarter report, insiders, including chief financial officer Beth Summers, have spent a combined $277,228 picking up shares in the public market. Most recently, on April 5, director Patrick Gottschalk acquired 20,000 common shares......................................................... The Globe reported on Jan. 4 that IA Securities analyst Elias Foscolos began coverage of Superior Plus with a "buy" rating and $14 share target. The shares were then worth $12.10. The Globe reported on Feb. 7 that Desjardins Securities analyst David Newman began coverage with a "buy" rating and $15 share target............................................. The shares were then going for $11.89. The Globe reported on Feb. 23 that Raymond James's Steve Hansen reiterated his "outperform" rating and $14.50 share target. The shares could then be had for $12.69.