Parkland Corp T.PKI

Alternate Symbol(s): PKIUF

Energy Oil & Gas Refining & Marketing

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.

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Parkland Corp > Great posts from DeanEdmonton and Sarge

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Comment by DeanEdmontonon Oct 13, 2022 4:46pm

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Post# 35023428

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

Sarge Good to hear from you. I know you don't think PK will go bankrupt, but given the huge debt they are packing and their very poor performance the last 3 years, they need to really improve performance or they are going to have a hard time making the interest and payments. Even if they stay a float, like you there is not a low enough price to convince me to buy back into this stock unless I see a dramatic improvement in margins and net profit. I always want to see the mdelivering, I simply don't trust managments patter about what is coming. Air Canada, Bombardier, Laurentian Bank, Manulife, and Blackberry are just a few that have been promising a big turn around for more than 10 years, and have never delivered.

With repsect to Red Deer, for the life of me I cannot understand why you even bother replying to that trolling MOFO. I have him on ignore as do hundreds of others. He is going to argue with you no matter what you say.

SargeX wrote: No, I don't think it is going to go bankrupt BUT as I mentioned, I'd never buy it again no matter how low it gets. I'd rather just buy more of what we own already.

Also, just to be clear, I have absolutely no plans to sell/trim any of the 16 stocks that my wife & I currently own. We'll just keeping adding to them with the extra dividend income we receive.

Ciao
Sarge