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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 ramman1on Jan 08, 2025 7:15pm
174 Views
Post# 36395258

I see changes onward in 2025

I see changes onward in 2025The debt is brutally  ''high'', the leverage ratio is at 4.0, (pitifull) ,DIVI was not sustainable obviously ,and DIVI boys should have known .  and currently company guiding to stay that way at 4.0 :::: FOR A LITTLE  WHILE:---- Watch the company continue to purge out the ''divi'' boys, both retail and mutuals. --  Invite the value players in ,promote the share buy-backs for the value guys.---- April 2 or after, cancel the divi altogether , and FINISH  the buy-back program early.---- Value boys are on board then , and  42 million , (35 current savings ,plus 7 mil left from cancelled divi savings) will be used to PLOUGH down debt fast, lower that leverage ratio ,(REAL QUICK.) ---- Yea,its all unfolding , buy back shares now, get value boys on board, then  plough down debt.  ---------- Looks actually quite promising for a complete  company financial ''reset'' , and a share price rise in the neighborhood of 40% .  --I like it , 40% works for me, what do the rest of the bagholders think ?? . SO.In conclusion :  buy back shares now ,then cancel divi altogether,then terminate buy back ,  then use 42 million per month to pay down debt. --Lets start our discussion . 
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