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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 > What Price is ‘Attractive’ for SPB ???
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Post by Rocet98 on Jul 18, 2024 1:14am

What Price is ‘Attractive’ for SPB ???

So at what price is SPB attractive??
I believe it's now? Sooner or later the shares become attractive'! Weather for the dividend or the growth!
I believe eventually Both!
Also wild cards!  Bam does another 'Preffered Equity Offering' which besides buying the company outright.
Which technically SPB has major road blocks, for that to happen!
I believe, Bam does another equity deal! What terms, or what that looks like. I'm not sure!
But Bam has believed in this company and that's not going away!

glta
Comment by Shylock40 on Jul 18, 2024 9:35am
BAM does not care about retail investors, just care about their own pockets... SPB could have been sold to M&B for +$13 but BAM blocked it and screwed retail... My take, sell and move on, this is going alot lower for "pennies on the dollar" BAM takeout. Best of Luck to All!
Comment by Rocet98 on Jul 18, 2024 10:27am
I don't blame people for selling and moving on! Management needs to show some Competence!! Im long, because there's lots of 'potential' there! glta 
Comment by packerdriver on Jul 18, 2024 10:32am
I HEAR YA ! I held BAM for some years...one REALLY boring stock, miniscule divvy, never moved much...I eventually got fed up with it and dumped for a 10% gain...........it's up 30% since then!!! "Best of luck" indeed!
Comment by bttmfischer on Jul 18, 2024 4:20pm
I know what you men packer. I held Crescent point, from its glory days for years.I  sold a few thou at just under 3 dollars. It cost me a four digit loss. Now CPG isback at about $11. So, will it take 6 years for SPB to recover?  It might, if they have enough funds to pay the quarterly dividend. I notice an Anonimous buyer bought several million shares. It cannot be Brookfield it would ...more  
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