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Bullboard - Stock Discussion Forum ParcelPal Logistics Inc C.PKG

Alternate Symbol(s):  PTNYF

ParcelPal Logistics Inc. is a Canada-based courier and logistics company that specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and health... see more

CSE:PKG - Post Discussion

ParcelPal Logistics Inc > Reality is....
View:
Post by Swingzup1 on Nov 24, 2020 6:31pm

Reality is....

Truth is most of you are looking for a traders pop in a long term investment company. This is a YOY company not a day by day. Hold on to this looking down the road and what delivery industry is becoming not what it is tomorrow. Watching it day to day will just frustrate you.
Comment by MikeHunt0 on Nov 24, 2020 7:53pm
In full agreement , I had a long talk with a PKG company manager yesterday and what I took away from it is .....this is a very small company trying to compete with Canada Post , Fed ex , Purolator etc . PKG managment believes they have proposals that will take business from these big players and create real value for PKG.
Comment by bagobills on Nov 26, 2020 8:40am
was connecting with the company on a reg basis too but not since new leadership. j.curious, did the manager you spke with actuallyuse the word 'proposals?' wondering what thatmeans exactly. And where competing w Canada Post, Fedex'n purolator, not surehow this comes intoplay. THese comanies are int eh same field but they aren't operating in the same space. Weonly compiete w Canada ...more  
Comment by MikeHunt0 on Nov 26, 2020 12:49pm
During the 20 minute phone call many points were discussed. Management stated ... when you're trying to win delivery contracts with the likes of Home Depot , Lowes London drugs . Your competing with giants like Canada Post , Fed Ex , Purolator , UPS etc. So to win those delivery contracts you have to convince Home Depot and the like that you can reliably do it cheaper . Management believes ...more  
Comment by bagobills on Nov 26, 2020 4:14pm
great post and DD. Thanks for taking the time to respond. I hope they can landsome of these fish.
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