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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

Post by Bansheeon Nov 10, 2024 1:38pm
181 Views
Post# 36305712

Reddeer

ReddeerThis is not an attack but a legit question l would think many here and elsewhere might find interesting and informative. You are the only person on the boards that advocates the use of margin and no doubt it has worked to your benefit. Now l could check this question on line , but l think it is both important and relative. I am aware that you swing about a 2 million bucks margin account and as of now you stated only 31 percent is drawn .So dl you pay full interest on the entire account amount or only the portion in use. .When interest rates are very low and your dividends exceed the fee , all well and good , but what about now , don't know what that margin account costs but l would guess your overall div I come today is about 6 percent and l would guess your interest payment is somewhat higher.Cheers thanks for a reply
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