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Parkland Corp T.PKI

Alternate Symbol(s):  PKIUF

Parkland Corporation is an international fuel distributor, marketer and convenience retailer with operations in 26 countries across the Americas. The Company’s segments include Canada, International, USA and Refining. Its retail network meets the fuel and convenience needs of everyday consumers. It also provides a range of choices to help them lower their environmental impact. These include renewable fuel sourcing, manufacturing and blending, carbon and renewables trading, solar power, and ultra-fast electric vehicle charging. With approximately 4,000 retail and commercial locations across Canada, the United States and the Caribbean region, it has developed supply, distribution and trading capabilities. Its commercial business provides commercial, industrial and residential customers with the essential fuels, propane, lubricants and services they need. Its Burnaby Refinery plays a critical role in supplying its customers in British Columbia with conventional and low-carbon fuels.


TSX:PKI - Post by User

Comment by Red_Deeron Oct 13, 2022 3:18pm
97 Views
Post# 35023161

RE:RE:RE:RE:RE:RE:RE:Great posts from DeanEdmonton and Sarge

RE:RE:RE:RE:RE:RE:RE:Great posts from DeanEdmonton and SargeHey SARGE__UNDERSTOOD

So JUST to BE CLEAR__You do NOT BELIEVE that Parkland is going to GO BANKRUPT
as DeanEdmonton HAS Posted eh ????????


SargeX wrote: At some point along the way, I realized that PKI was making way too many acquisitions for my liking and packing way too much debt. Then to top it off, it no longer fit our 5 sector approach - banks, utils, midstream, telcos, and REITs. That movtivated me to sell all our shares.

AQN used to be a really fantastic compnay when Robertson was the CEO, The new guy has done a terrible job but AQN still has fantastic assets and one ugly one with Kentucky Coal. They will be more thna fine for the long term.

I hope that clears it up for you as the logic seems pretty straightword to me.

Ciao
  Sarge

Red_Deer wrote:
SargeX wrote: Hey Dean

Looks like we were totally correct on our assessment of PKI. As mentioned, I sold the last of our PKI in Sept, 2020 and we made a $57k profit after holding for 7 years. We didn't quite average a sell price of $43 but did average a respectable ~$39.    

Unlike JT, we will never buy PKI again as it doesn't fit our current sector allocation plan.

Take her easy
  Sarge
 


Hey SARGE__Care to provide Some CLARITY with regard to Being ""TOTALLY CORRECT""

CORRECT about WHAT ??__That Parkland IS GOING to go into BankRuptcy as per Dean Edmonton Post ?__SURELY You are NOT THAT Negative eh !!

Or CORRECT that Parkland HAS DROPPED ~~30% in the Past 12 Months now ??__Which would be IGNORING that the Past 2 days pretty much EVERY Utility, Bank, Pipeline,etc HAVE BEEN hitting NEW 52 Week Lows eh !!!

So in Your OPINION has Parkland DROPPED ~~30 % in the Past Year ALL Due to POOR PERFORMANCE as Per Dean Edmonton__MEANING that the OverAll Markets DROPPING ~~ 30% have HAD NOTHING to do with the PKI share price drop ??__SURELY You are NOT THAT
Negative eh !!!

I NOTE your Posts over on AQN Board have a TOTALLY Different TONE than your Posts
about PKI.

What I find STARTLING is that You do NOT SEEM to be AT ALL Concerned about the
SAME ~~ 30% DROP in AQN share price the Past 12 Months as you Seem to
be ""Correct  About"" with regard to PKI share price drop. ???

In your AQN Posts you EXPLAINED that YOU ACTUALLY Have HAD a LOT of Reservations ABOUT Owning AQN__BUT You Have NOT SOLD as You DID with Your PKI Holdings.

So Looks to ME that You INDEED were ""CORRECT"" to Have HAD a Lot of Reservations About
AQN__JUST LIKE You DID with Your PKI holdings__and You SHOULD HAVE SOLD all your
AQN holdings TOO eh__THEN You REALLY could CLAIM to Have Been  ""TOTALLY CORRECT""

 




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