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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 09, 2025 10:54am
144 Views
Post# 36396081

RE:RE:RE:RE:RE:5 TD recommendations

RE:RE:RE:RE:RE:5 TD recommendationsPoster says ''Stock was, and is, overvalued''.-----  That statement (IS essentually correct) ,when looking at most scenarios currently, the debt,the leverage ratio ,list goes on --- The ''key''  feature now is the fact that the divi was trimmed by 75% ,freeing up 35 million dollars /per Q . Currently the strategy is ''buy-backs'',then  phase 2 strategy is debt reduction /leverage ratio improvement. That will take a while ,and not be completed overnight.-----  Essentually what investors are buying ''right now'',is the turn around. I dont see too much ,until Apr ,when we see the significant start of improvement. We might see a little buy-back from the tax loss boys later in this month. I bought now, tuck it away ,look at things a little while later, noticing that the company has set the course for the winds of constructive improvement. 
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