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

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TSX:SPB - Post Discussion

Superior Plus Corp > NCIB buying, nice to see !!

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Post by StormyPlows on Nov 05, 2022 5:32am

NCIB buying, nice to see !!

Superior has filed that it has repurchased to cancel a total of 372,600 shares so far under its NCIB .... Great news , I was starting to think after they announced the NCIB, that it was just for show and they were not going to use it.... as so many other companies do..
Great news !!

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Comment by Freezerburn on Nov 05, 2022 10:18am

It's about to accelerate across the board. Trudeau plans to tax buybacks 2% starting 2024.

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Comment by Baystboy07 on Nov 07, 2022 12:35pm

Agreed, just seems to be hitting a triple top around $10.40..... we need a breakout on good volume to get us moving positively again...GLTA

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Comment by bttmfischer on Nov 07, 2022 2:47pm

Baystboy, $10.40 is lower than the lowest estmated value. As the Q3 report will be released in a couple of days, the jury is still out. It has to be over $11 to give the so-called "expert analysts" any credibility IMO. But, we shall see, won't we? In the mean time as both Brookfield, and M & B own over 30% of the stocks in total, they can't be too happy with the current ...more

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Comment by Baystboy07 on Nov 07, 2022 6:08pm

My point was $10.40ish is a resistance point....it has tried to break it 3 times and failed every time...I was merely saying to see positive momentum this needs to break $10.40 on volume and and stay above that.

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