Superior Plus Corp T.SPB

Insider buying full list ceo.ca

[Rocet98]

$8.86 each	42,745
2024-07-1916:42   2024-07-16	$SPB	Colter, Grier Barrett 5 - Senior Officer of Issuer Direct Ownership	Rights Performance Share Units 30 - Acquisition or disposition under a purchase/ownership plan	$14,920  +1,684 vol  $8.86 each	42,745
2024-07-1916:38   2024-07-16	$SPB	Gottschalk, Patrick Edward 4 - Director of Issuer Direct Ownership	Rights Deferred Share Units 30 - Acquisition or disposition under a purchase/ownership plan	$49,128  +5,545 vol  $8.86 each	145,413
2024-07-1916:36   2024-07-16	$SPB	Harrison, Douglas 4 - Director of Issuer Direct Ownership	Rights Deferred Share Units 30 - Acquisition or disposition under a purchase/ownership plan	$37,043  +4,181 vol  $8.86 each

 

Nice to see I wasn't the only one buying!!

woukd still like to see what they have left on NCIB???

[newcoin]

$8.86 was a great buy. Nobody thought we'd be all the way down to $8.00. Hopefully, not for long.

[Apaulson]

I think you are mistaken. Those are performance share unit which vested.  It's not like those officers/directors just went out and invested their own money in acquiring those shares.  They vested based on time or performance (hard to believe a performance metric was met).  At least not all of them exercised them for cash I guess. The only purchase by officers/directors was

[Apaulson]

Furthermore, if you look at the last Notice of Meeting and Management Information Circular dated March 8, 2024, it is clearly evident that management and the directors are milking this company dry with performance units, compensation, termination benefits, etc.  There is no logic for such high management compensation given its performance.  That is partly what the analysts don't like

[Rocet98]

I oftened wondered about this!! U r correct Top management a Bloated Pig that needs to be roasted! which  director is BAM's guy?? valuation wise I still believe there  is a opportunity! imo 

[newcoin]

Just like every other company. Management is there to make money to feed their families. I see no difference between their behaviour and any other C-Suite.

[Apaulson]

You missed the point. The company's return on capital doesn't justify this high level of compensation. What other c suite / company did you compare SPB to? i suspect none. You're just making unsupported comments. Ignore 

[newcoin]

You have not had anything positive to say about SPB. Just complaints. Why are you here? Oh, I know why.

[newcoin]

What other c suite / company did YOU compare SPB to? None. You're just generalizing. You know nothing about how the internals at SPB work. Just a quick and easy shot taken so you can complain.

[Apaulson]

Haha, you made the company about other c suites and now you can back it up......,pretty sad and pathetic buddy.

[Apaulson]

Can't back it up I meant to write.

[newcoin]

You said you were going to put me on Ignore? Please do so. I've checked out your negative posting history on Stockhouse and I no longer wish to converse with you.

[Apaulson]

You're right, I shouldn't respond to stupid comments which are not supported by facts or any type of qualitative or quantitative analysis.

[newcoin]

$8.6423 was a great buy! Soon, it will be again.