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Bullboard - Stock Discussion Forum ParcelPal Logistics Inc C.PKG

Alternate Symbol(s):  PTNYF

Industrials
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 > Profitable Q4 Just Announced!!
View:
Post by JimboBobcat on Jan 11, 2021 9:43am

Profitable Q4 Just Announced!!

We have one consecutive profitable quarter!
Comment by Aquaman11 on Jan 11, 2021 10:36am
Always good to have positive news. On the other hand, with Covid and holidays, it was to be expected that business was going to be good.  Rich seemed to give out a word of warning for upcoming months though:"It is important to remember while this turnaround is not at all finished, and we cannot guarantee every month to be profitable, we believe we are headed in the right longer term ...more  
Comment by JimboBobcat on Jan 11, 2021 2:59pm
The months ahead might be worse than Q4 as they usually are. Rich has stated the same comments about coming months potentially not being all profitable in October and November news releases. This is a pretty standard comment to say for legal or forward looking statements. Due to Canada Post and how badely they performed during the holiday season and are still performing I would imagine that ...more  
Comment by vicioustrader69 on Jan 11, 2021 3:05pm
Great to see the company profitable 3 months in a row. It doesn't sound like it's margins are great tho.  I sold my 100,000 shrs at .165 im betting the pros to kill pkg to .10  I'll buy back in March. going to trade elsewhere 
ParcelPal Logistics Inc