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Bullboard - Stock Discussion Forum Parkland Corp T.PKI

Alternate Symbol(s):  PKIUF

Parkland Corporation is an international fuel distributor, marketer and convenience retailer with operations in 26 countries across the Americas. The Company’s segments include Canada, International, USA and Refining. Its retail network meets the fuel and convenience needs of everyday consumers. It also provides a range of choices to help them lower their environmental impact. These include... see more

TSX:PKI - Post Discussion

Parkland Corp > Black Swan Event
View:
Post by oilerman77 on Oct 19, 2022 7:26pm

Black Swan Event

Read the analyst call and make your own assessment. Ask any dealer what it is like have full tanks on a decreasing market.In this case the secenario si  multiplied substantially.
Remember a lot of shares were purchased today for a major discount.
This has never been a day trade equity, but a long term yield hold .
Good luck to both sides.
Comment by DeanEdmonton on Oct 20, 2022 12:50pm
oilerman Your comments are way off. If you bought this stock from 2016 on you are likely under water. If it takes more than 6 years to make money, you have picked the wrong pony. Even at todays price the stock only yields 4.7% and that is after dropping 50% from its recent share price. There are LOTS of stocks with that yield and far better capital appreciation over the [past 5 or 6 years. Do ...more  
Comment by Infirstmoney on Oct 20, 2022 9:05pm
I have owned this stock,(in two different accounts), for about 10 years. Originally, I bought in low teens, around 2010, and then, mid-teens, a couple of years later. It didn't really take off until about 2018, when it went from the upper teens, to over 40 bucks. Over the years, it has always paid a nice dividend. I also liked it much better, when it was paid monthly. That said, they have made ...more  
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