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 > Retest

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Post by Rocet98 on Jul 16, 2024 9:42am

Retest

So we going to depths of the ocean from here!
or find Support ???

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Comment by Apaulson on Jul 16, 2024 9:55am

SPB needs to undertake a strategic review. The corporate structure is bloated. Managment is slow to do anything. There's no catalysts on the horizon. Allan MacDonald was brought in to turn things around. Nothing substantive has happened yet beside over paying for Centarus.

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Comment by Freezerburn on Jul 16, 2024 10:03am

Where's the bloat? What should they be doing faster? Catalysts? Give an example.. What should they have paid for Centarus? Just curious.

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Comment by Apaulson on Jul 16, 2024 10:55am

Are you serious Freezerburn? SPB's propane business sucks. There's no near term catalysts for the business. The industry needs to rationalize or consolidate (difficult with anti-trust concerns though). They got way too much management. What should they have paid for Centarus? Go ask Captain Obvious.

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