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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 > Holding $8
View:
Post by Rocet98 on Jul 24, 2024 9:40am

Holding $8

Holding strong above $8!!
Need to build some momentum!!
Imo the whale took a day off yesterday! 

Will be seeing if 'Buffett' returns today???

Comment by Shylock40 on Jul 24, 2024 10:47am
You are delusional... should have taken my advice last week and invest in REITs/Bitcoin. BAM is going to take this to $5/6 range and buy-out for pennies on the dollar. Retail needs to get away as quickly as possible... Best of Luck to All!
Comment by Rocet98 on Jul 24, 2024 10:51am
Well I'm sticking this one out! Anyone can sell and move on! Im getting my divy in the mean time! Tech wreck today! 
Comment by Shylock40 on Jul 24, 2024 2:41pm
Good for you, in the $7 range now, holding to $5? To all the retail out there reading some of these garbage posts, please move on, you will continue to lose on this one as long as BAM is involved... Best of Luck to All!
Comment by Rocet98 on Jul 24, 2024 2:47pm
Hey look another shorty!   
Comment by Shylock40 on Jul 24, 2024 2:51pm
Not shorting.. just lost alot hoping for the same thing you are, best for retail to move on or avoid... Greedy BAM will drive this to the ground, Leadership is NOT up to the task, moving from monthly to quarterly div., switching to US dollar report, warmer weather lowering demand, recession hitting in N.A.... Lots of headwinds and smoke screen for a failing business... Best of Luck to All!
Comment by Rocet98 on Jul 24, 2024 2:55pm
You make some valid points! But what if Bam steps up?? What if management gets there head out of the sand???
Comment by Apaulson on Jul 24, 2024 3:03pm
What is BAM doing?  They're sitting back getting paid a 7.5% dividend. There in a win-win position. If the stock goes up, they convert at the strike price and they're in the money with a capital gain. If the stock goes down, they hold preferred status over common shareholders so they're in a better position. It wasn't that great a deal for the company.
Comment by Rocet98 on Jul 24, 2024 3:07pm
Either way there into SPB!
Comment by Apaulson on Jul 24, 2024 3:11pm
Haha....ignorance is bliss
Comment by Rocet98 on Jul 24, 2024 3:15pm
So why u here on SPB??? Here for the divy?? or waiting for management to wake up?
Comment by Apaulson on Jul 25, 2024 9:58am
Why am I here?  I've have some success buying high yielding stocks over the last couple of years except for this one.  This one has turned into a turd sandwich.  The business is boring, no one is interested in it, and all managment does on earnings call is talk about they have a great team, are all working hard to acheive desired results, and that the past is behind them, but ...more  
Comment by Rocet98 on Jul 25, 2024 10:49am
Interesting! Take! To me if Bam came in cut 50% of the 'fat' over paid management!  Make it into a lean cash machine! USA dollar rolling up! I mean they have to making on the USA assets?? 
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