Superior Plus Corp T.SPB

This Represents What We Were All Told

[newcoin]

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Comment by himmleron Oct 28, 2024 5:30pm

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Post# 36285830

RE:RE:RE:RE:When does the knife stop falling?

es,there is someting going on here.Its just too much of a relentless dropping.The fact that theres always a buyer doesnt mean much when the stock continues lower.All without any company disclosure as to why its happening .
I find that unusual as well.
Losing this % over the last short while should have investors asking questions,but zero.
Financials coming soon,however ,from my investment manager,( top 20 in Canada RBC ) he says ,by his sources,that the company's Financials should be ok,and a commitment by the company to implement a more detailed promotion plan going forward.( whatever that means)
As for the dividend, it's supposed to be safe as well,but at this point that doesn't appear sustainable, but calculating the yield today isn't accurate either..Simply put ,should this stock in the next 2 months rise to say$ 8..the yield,although still high,would appear better.It all depends on the companys Financials.
Brookfield could take them out,as that was mentioned by my investment manager over a year ago...and of course the price was much higher then...we will see but it's not very reassuring to see such relentless selling without a true reason why.