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Bullboard - Stock Discussion Forum
Superior Plus Corp
T.SPB
Alternate Symbol(s):
SUUIF
Utilities
Utilities - Regulated Gas
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.
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Add To Watchlist
Bullboard (TSX:SPB)
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(19)
•••
claritas
X
Post by
claritas
on 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....
(132)
•••
oilisswell
X
Comment by
oilisswell
on 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
(65)
•••
himmler
X
Comment by
himmler
on 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
(90)
•••
itsalie
X
Comment by
itsalie
on 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
(129)
•••
Tslayer
X
Comment by
Tslayer
on 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.
(67)
•••
Freezerburn
X
Post by
Freezerburn
on 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 $9.09. “With the
...more
(6)
•••
rockmstockm
X
Comment by
rockmstockm
on Dec 04, 2024 8:01pm
RE:RE:RE:RE:RE:RE:Cut dividend and won't buy shares
Sorry it must have been in the conference call. I don't see in new release
(258)
•••
pierrelebel
X
Comment by
pierrelebel
on Dec 04, 2024 6:25pm
RE:RE:RE:RE:RE:Cut dividend and won't buy shares
".... But this company specifically said the dividend was secure...." Could you provide a factual specific reference to your quote (text and date, please)
(6)
•••
rockmstockm
X
Comment by
rockmstockm
on Dec 04, 2024 6:01pm
RE:RE:RE:RE:Cut dividend and won't buy shares
Absolutely! But this company specifically said the dividend was secure and a couple months later cut it saying they will use the funds that would have been dividends to buy back stock. It's my
...more
(65)
•••
himmler
X
Comment by
himmler
on Dec 04, 2024 5:23pm
RE:RE:RE:Cut dividend and won't buy shares
You won't be around in a year to back up what your posting will you?BTW ..many companies get permission to buy back shares ,and don't.Its their choice in case you missed that. Relax pal,your
...more
•••
Trevor Abes
X
Post by
Trevor Abes
on Dec 04, 2024 4:31pm
Buzz on the Bullboards: Tangible growth stocks
This week, Canada’s main stock index, the TSX, hit a record high thanks to gains in technology and bank stocks.
read article.
(3)
•••
fasteddy0043
X
Comment by
fasteddy0043
on Dec 04, 2024 3:37pm
RE:RE:RE:RE:Share price vs dividend
Hopefully share price keeps moving up. Going to find lots of resistance as people in the stock for the dividend will be moving to higher dividend stocks as they reach breakeven
(6)
•••
rockmstockm
X
Comment by
rockmstockm
on Dec 04, 2024 1:34pm
RE:RE:Cut dividend and won't buy shares
You can say the same thing next year when shares are below 5$
(258)
•••
pierrelebel
X
Comment by
pierrelebel
on 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
(6)
•••
rockmstockm
X
Comment by
rockmstockm
on 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
(6)
•••
rockmstockm
X
Post by
rockmstockm
on 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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