Superior Plus Corp T.SPB

I see changes onward in 2025

[ramman1]

The debt is brutally  ''high'', the leverage ratio is at 4.0, (pitifull) ,DIVI was not sustainable obviously ,and DIVI boys should have known .  and currently company guiding to stay that way at 4.0 :::: FOR A LITTLE  WHILE:---- Watch the company continue to purge out the ''divi'' boys, both retail and mutuals. --  Invite the value players in ,promote the share buy-backs for the value guys.---- April 2 or after, cancel the divi altogether , and FINISH  the buy-back program early.---- Value boys are on board then , and  42 million , (35 current savings ,plus 7 mil left from cancelled divi savings) will be used to PLOUGH down debt fast, lower that leverage ratio ,(REAL QUICK.) ---- Yea,its all unfolding , buy back shares now, get value boys on board, then  plough down debt.  ---------- Looks actually quite promising for a complete  company financial ''reset'' , and a share price rise in the neighborhood of 40% .  --I like it , 40% works for me, what do the rest of the bagholders think ?? . SO.In conclusion :  buy back shares now ,then cancel divi altogether,then terminate buy back ,  then use 42 million per month to pay down debt. --Lets start our discussion .

[ramman1]

Last sentence in previous post , should have said :: 42 million per Q , not per Month. --Lets hear whar you divi boys have to say . 

[tallpaul]

Hello ramman 1 New to this board. Agree. Buy up as many shares as we can at lower valuations, then focus on debt reduction. Management bought back 4.2 per cent of the float from early Novemebr until end of year. Impressive. How low do you speculate the share price would have dropped to in the tax loss season without the buy back in effect?

[ramman1]

I waited for some time on this  ,until I finally got that confirmation of corporate buying of shares,the start being 4.2% in last Q, and then 35 million dollars worth of share buying  going forward   ,per month, until 10% is reached,---YES: I gave up .50 /share waiting .---- Still some divi  investors and funds exiting, some value guys and funds buying. ---Big investor day

[ramman1]

Bad typing to all, my apologies. Its 35 Million worth of share buying  ,PER Q, not per month . My fault.