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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 > SPB is Trading at a 10 Year Low (other than brief Covid)
View:
Post by newcoin on Jul 17, 2024 8:35am

SPB is Trading at a 10 Year Low (other than brief Covid)

Paying 8.66%.
SPB is known for weaker 2nd and 3rd quarters due to the nature of it's business.
Canada interest rates will be decreased next week giving SPB a boost.
No analyst says sell. Collectively, analysts have a Moderate Buy on the stock.
Comment by Apaulson on Jul 17, 2024 8:55am
SPB will end up cutting it's dividend soon. Don't ever trust bank analysts.  They very rarely have a sell recommendation on a stock.  Why?  Because they're in a conflict of interest.  They're not going to bash a company if they're also trying to sell them on investment banking services.  So they end up highlighting the negatives and making reasonable ...more  
Comment by Rocet98 on Jul 17, 2024 2:57pm
I disagree no Divy cut any time soon. The usd keeps going up! They will have some efficiencies with derivatives and currency exchange! interest rates coming down! imo 
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