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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

Comment by ramman1on Jan 08, 2025 2:47pm
76 Views
Post# 36394787

RE:RE:5 TD recommendations

RE:RE:5 TD recommendationsThere is no question the company numbers, and overall performance leaves a lot to be desired. (1) Debt is high (2) growth is low,(3) Certarous   has profit margins so thin its almost not worth having as an operating entity . ------O/K  , That being said : , there is room to see a 10%-15% (minimal as it sounds) improvement in upcomming financials. The key for me  is keeping the money, via buy backs into the fold. It, WILL as the year progresses , (make numbers look a lot  better on a per share basis). I waited and waited recently to buy this name ,giving away a good .50/share while I was waiting for ''official'' confirmation, that the company was serious and  going to actually follow through with the NCIB buying,now at 4.2% , and the additional  35 MIL/per  Q purchases . Now we have that confirmation, the buy backs will continue per Q until the 10% share weight is reached , the numbers on a per share basis will look better. I put  no consideration whatsoever into estimates by others in the capital markets:  ZERO:    A 40% return for me will be $8.75 , and I think we get there in 12-15 months ,(plus) the  remaining divi value on top ------- --- $12 ????  I don't think so ,not in my lifetime, BUT $8.75 ? YES
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