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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

TSX:SPB - Post Discussion

Superior Plus Corp > Cyclicity of propane pricing and Superior II
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Post by BSdetector2016 on Jul 13, 2024 7:02am

Cyclicity of propane pricing and Superior II

Given what we know about the commodity, It is obvious that Superior SP tracks propane pricing closely. The long-term chart is totally range-bound within a relatively narrow channel. The is zero growth here - NONE. Management needs to be taken to task for that. The dividend is tempting but that's all you'll get with this stock unless you buy it when it's plumbing its lows, and sell it two years later when propane pricing, and hopefully SP, is better. 2026 can't come soon enough for this stock.
Comment by Freezerburn on Jul 13, 2024 9:49am
So are you saying we should buy it when its low instead of high? Wish I'd thought of that.
Comment by Rocet98 on Jul 13, 2024 5:41pm
I hoping $8.30-$8.50 is huge support. And build off that????
Comment by Rocet98 on Jul 13, 2024 10:08am
I agree ' Couple things! I hope the shorts get caught!! Would like to see upper management start buying more stock, with there own cash! Not just 'plush' shares from the company! This is a tall order!!! Would like to know how much they have left on NCIB?? And if BAM really starts to see opportunitiy, where are they? Until then I will buy between $8.40-$8.55 collect the divy. Maybe CPP ...more  
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