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Bullboard - Stock Discussion Forum 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... see more

Bullboard (TSX:SPB)

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Post by claritason Dec 06, 2024 7:36pm

SPB buys back 5.3 million shares in Nov

According to RBC the Company bought back 5.3 million shares as per a SEDI report.  They are doing what they said they would do....
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  • oilisswellX
Comment by oilisswellon Dec 06, 2024 7:33pm

RE:RE:RE:RE:RE:RE:RE:Share price vs dividend

Brookfield obviously sees SPB as an opportunity to make money. Whether through a takeover or merely capital appreciation is irrelevant, except of course for shareholders. Remember that Brookfield ...more  
Comment by himmleron Dec 05, 2024 5:18pm

RE:RE:RE:RE:RE:RE:Share price vs dividend

Brookfield is smart ..so smart in fact that they may not make a move on SPB until this plays out ...and that's IF Brookfield does indeed buy SPB out.Of course they are a majority shareholder but ...more  
Comment by itsalieon Dec 05, 2024 2:39pm

RE:RE:RE:RE:RE:Share price vs dividend

Brookfield is smart, but they don't care about shareholders. they screwed cwc shareholders too
Comment by Tslayeron Dec 05, 2024 9:31am

RE:"In earnest"

Let the slow climb on SP continue. We have entered their money making season. All this nonsense about Brookfield buying them out at $4.00 certainly turned quickly. 
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  • FreezerburnX
Post by Freezerburnon Dec 05, 2024 7:13am

"In earnest"

* TD Cowen’s Aaron MacNeill raised his Superior Plus Corp. ( SPB-T +0.86%increase   ) target to $9 from $7.50 with a “buy” rating. The average is $9.09.   “With the ...more  
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  • rockmstockmX
Comment by rockmstockmon Dec 04, 2024 8:01pm

RE:RE:RE:RE:RE:RE:Cut dividend and won't buy shares

Sorry it must have been in the conference call. I don't see in new release
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  • pierrelebelX
Comment by pierrelebelon Dec 04, 2024 6:25pm

RE:RE:RE:RE:RE:Cut dividend and won't buy shares

".... But this company specifically said the dividend was secure...." Could you provide a factual specific reference to your quote (text and date, please)
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  • rockmstockmX
Comment by rockmstockmon Dec 04, 2024 6:01pm

RE:RE:RE:RE:Cut dividend and won't buy shares

Absolutely! But this company specifically said the dividend was secure and a couple months later cut it saying they will use the funds that would have been dividends to buy back stock. It's my ...more  
Comment by himmleron Dec 04, 2024 5:23pm

RE:RE:RE:Cut dividend and won't buy shares

You won't be around in a year to back up what your posting will you?BTW ..many companies get permission to buy back shares ,and don't.Its their choice in case you missed that. Relax pal,your ...more  
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  • Trevor Abes X
Post by Trevor Abes on Dec 04, 2024 4:31pm

Buzz on the Bullboards: Tangible growth stocks

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  • fasteddy0043X
Comment by fasteddy0043on Dec 04, 2024 3:37pm

RE:RE:RE:RE:Share price vs dividend

Hopefully share price keeps moving up. Going to find lots of resistance as people in the stock for the dividend will be moving to higher dividend stocks as they reach breakeven 
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  • rockmstockmX
Comment by rockmstockmon Dec 04, 2024 1:34pm

RE:RE:Cut dividend and won't buy shares

You can say the same thing next year when shares are below 5$
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  • pierrelebelX
Comment by pierrelebelon Dec 04, 2024 1:28pm

RE:Cut dividend and won't buy shares

"As of the date hereof, no common shares were purchased by Superior under the previous NCIB." As it turned out, that was a good thing since the shares were trading in the $8 to $10 range ...more  
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  • rockmstockmX
Comment by rockmstockmon Dec 04, 2024 12:59pm

RE:Cut dividend and won't buy shares

In my opinion if SPB board choose to buy public shares to cancel,  it will only be after the self serving director 'insiders' buy a bunch of stock. And they like to issue shares as ...more  
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  • rockmstockmX
Post by rockmstockmon Dec 04, 2024 12:41pm

Cut dividend and won't buy shares

Superior's previous NCIB, in respect of which Superior sought and received approval from the TSX, authorized the purchase of up to 12,427,942 common shares and expires on Nov. 9, 2024. As of the ...more  
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