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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 > One foot in door one foot out?? On SPB?
View:
Post by Rocet98 on Aug 12, 2024 1:09pm

One foot in door one foot out?? On SPB?

Definitely show me company!
If they miss badly, they will have to cut. 

Im hoping lots of the bad News factored in.

im not selling!

Comment by Tslayer on Aug 12, 2024 2:50pm
I think price will drop Wednesday morning into low 7's based on lower than expected earnings but as someone mentioned in an earlier post, we are entering the propane demand cycle soon. The price on SPB almost always rises 20-30% between November and end of January. Look at 5 year chart but ignore the 2020 Covid timeframe. It's skewed.  I have price set at $7.25 for a large purchase on ...more  
Comment by Rocet98 on Aug 12, 2024 5:16pm
Great analogy! Mine is $7.60 on the low. Closes over $8 on better than expectations! cuts 10% workforce! might cut divy! and continue pay down debt!  But I'm just a avg Joe! 
Comment by Apaulson on Aug 13, 2024 10:13am
Dividend cut tomorrow. $7.25 eod The earnings are already being reportedly described as flaccid.
Comment by 1condor on Aug 13, 2024 11:49am
I dont have a lot of faith in this set of earnings and have a bid in at 6.90. I am a recent a holder of SPB in the mid 7's and believe there is value here but suspect I will have to wait for 2025 to tap into the value. I am leaning towards a cut in the divvy and the short term dip this would produce (hence the 6.90 bid).
Comment by Rocet98 on Aug 13, 2024 2:00pm
Small fish selling?? or big Big fish not interested????
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