Investment Q&A

Q: I have a book cost of $10,600 for my 600 parkland shares.
I received $11,880 in cash and 177 Sunoco shares ( book value $ 12700. } For tax purposes is it all taxable ? I.E. 24,580 .
The Sunoco shares have been put into the Canadian side of my account,so I assume the transaction is all in Canadian dollars. Is that correct? Thank you for your help.
Philip

Q: Wow - did I ever screw up! I bought PKI shares on October 30 not realizing there was a deal already in the works with Sunoco. It appears to me that I lost half my investment in a week. Can I use this as a tax loss?

Q: Hello,
We currently own Parkland and are wondering if we should be selling prior to the Sunoco takeover? And CGI has been losing ground of late, is it time to move on to a better performer in this space? Any suggestions?
Always appreciate your recommendations and great research.
Thank you... Tom

Q: Hi 5i,
If Sunoco buys Parkland, does it (Parkland) become a foreign holding(US).It was bought on the TSX a few years ago as a Canadian company and would this then become an American company?
Thanks
kc

Q: In 2025 June, it was confirmed by AGM that PKI is being acquired by SUN:N for US$9.1-bil. SUN:N was offering C$44 or C$19.80 = 0.295 SUN:N units. At of today PKI:T is trading around C$38/-. Do you think that SUN:N will pay C$44 once the transaction related formalities is completed or its better to sell now as the price of C$44 might be lower. Your views appreciated.
Thanks
Piyush

Q: What happens to out of the money call and put options on PKI after the takeover?

Q: While very disappointed in what we will finally get for our PKI shares, I am thinking that the best option might be to take all SUN shares for my PKI shares and hope that the SUN shares go higher, perhaps closer to $44 over the next 6 months. I don't see anyone getting all cash for their PKI shares. What would you do with your shares? Also, I voted against the takeover and I am wonder when and how I will get the opportunity to indicate my choice of compensation? Thanks for your great service.

Q: Good morning,

This question relates to the upcoming sale of PKI to Sunoco.

If a person held 1000 shares of PKI and elected to take the cash offer of $44 and was not granted the full cash allotment, and instead received $19.8 per share held and .295 shares of the new Company he would have $19.8k plus 295 shares of the new entity.

Or at least some configuration of shares depending on the choices of other shareholders.

That being said, if one wanted to dispose of these newly issued shares, how does one go about it, and are there any tax ramifications to be aware of when selling American shares?

My cost of PKI shares is approx $38 Can. There may be a small cap gain depending on the value of the SUN shares.

Or should one just bail out before the new shares are issued?

Finally, what is your best guess at the share price of PKI, just prior to the official delisting and the creation of SUN?

Q: Does Parkland have any further upside

Q: If I exchange 100% of my Parkland shares for shares in the newly forming Sunoco corp. what sort of capital gains liability would be triggered? Parkland shares were originally purchased for $21 ?
Thanks,
Philip

Q: When might deal close and what might your guesstimated csh price might be if one wanted to cash out?

Q: Now that Pki.ca has had their annual & special meeting what is your opinion of the result and is it a buy or hold? Thanks

Q: Would appreciate your opinion on the following
Given the trade tensions between Canada and the USA what is the chance that Ottawa might not allow the takeover. And should Ottawa deny the takeover, what happens? I assume PKI shares could fall substantially.
Secondly, the current value of shares and cash, which most likely all PKI shareholders will get, is currently not $44 , but closer to $41.50 a share. Do you concur? And if so would you anticipate any top up to bring the offer closer to the $44 level.?
Based on your analysis, what is the best strategy: should Parkland shareholders continue to hold the shares or sell the shares and move on?
Thanks for your insight.

Q: Hi, PKI is trading well below the Sunoco offer. Who would vote Yes to such an offer?

Major shareholders: Simpson Oil 20%, surely not, FMR LLC (Fidelity) 11% ? , Engine Capital 2.5% said NO on Friday.

When will a new offer come? Probably at the last minute, it happens a lot.
Great weekend to you.

Q: Hi, in your opinion is it possible to continue to hold bonds of CIX maturing in september 2027 and bonds of PKI maturing in march 2029 in a registered account even if the Companies are taken private ?thank you

Q: Good morning,

On May 5th the company announced that it has agreed to a takeover by Sunoco. The terms of the deal is cash and .295 shares of the new entity Suncorp.

My questions are two fold.

1. Is this new company, the old company renamed, or is this a spin off of the old company?

2. Assuming the deal goes through on June 24, how does the $44.00 price for each Parkland share work out, if the value of Suncorp is lower than the price of SUN at the time of the agreement?

3. That being said, do you expect the share price to rise to the value of the offer made, as the date of the vote nears?

4. Would you sell PKI if it gets to $44 or keep the shares of the new company?

Q: what do you think of the deal on the table. Are shareholders getting fair value?

Q: Hi,
Sunoco has offered to buy Parkland @ $44 per share or for a mix of cash/shares. PKI closed at $38.25. Is this a good opportunity or is there a lot of deal risk? Little confused by the lack of stock movement. Holding a small position.
Thanks!

Q: How will Parkland be affected when Simpson takes control of the board?

Q: What are your thoughts on initiating a position on PKI? Is a sale of the company possible in the near future?Thanks. Shyam