Q: I see that SPB has a bought deal of common stock to cover the CUS acquisition. When I look at this comp. I see very inconsistent earnings, huge debt., very low ROE and crazy Payout Ratio. Unfortunately I own 2500 shares of CUS and will be getting a co. with a poor balance sheet and poor fundamentals: price taker subject to commodity prices like CUS. I realize it is too early to do the math; but, how can they sustain their dividend and make consistent dependable profits?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hi Team - I have CNR and WSP and want to add one chem to round out my Industrials. SPB or CHE.un? thanks
Q: I hold SPB. What do you think of the Canexus buyout from an SPB perspective? Thanks, great to have you folks advising.
Q: Is SPB's dividend "secure"? I am considering it for income. Is the stock decline overdone?
Thanks!
Thanks!
Q: Don't know how much of the business is still in propane, but some of the articles I've read lately about propane is far less than positive.
How badly does the current price/supply relationship of propane affect the results of this company?
How badly does the current price/supply relationship of propane affect the results of this company?
Q: Hello,could you please tell your take on SPB.
Is this stock affected by the oil price fluctuations and what are the metrics now and going forward?
Buy,hold or sell?
Is this stock affected by the oil price fluctuations and what are the metrics now and going forward?
Buy,hold or sell?
Q: Peter and Team,
Given the absolute collapse in Propane prices, can you comment on the prospect of purchasing Superior Plus. It seems to me that they should have a solid performance in this weak oil/liquids price environment.
Thoughts?
Given the absolute collapse in Propane prices, can you comment on the prospect of purchasing Superior Plus. It seems to me that they should have a solid performance in this weak oil/liquids price environment.
Thoughts?
Q: Hi Peter and Staff
Are you still high on this company? Also, confused (normal) as to where it belongs sectorwise. Think I have been told utilities but I have a hard time comparing it to the likes of Fortis,Northland,Valener due to its businesses including fuel distribution ?
Thanks for all you do
Are you still high on this company? Also, confused (normal) as to where it belongs sectorwise. Think I have been told utilities but I have a hard time comparing it to the likes of Fortis,Northland,Valener due to its businesses including fuel distribution ?
Thanks for all you do
Q: Hi- Superior Propane's price seems to be struggling at this point despite recent popularity and a high dividend- is there something that traders are concerned about?
Thanks
Thanks
Q: Hi Peter I am looking at putting this company in my portfolio next month if its still in yours. Globe and Mail puts it in utility sector. Do you? Only wondering as I wonder which sector in my portfolio to do a trade to add SPB
Thanks again
Thanks again
Q: Could I have your comments on Superior Plus's earnings and dividend increase. Thanks
Q: To what extent would lower energy prices help or hurt Superior Plus(SPB) and Parkland Fuel(PKI). Thanks.
Q: In your response to Rajeev, you indicated that Superior now may not be able to increase it's divvy in the near future. Based on today's price decline, the current divvy looks pretty good for an income oriented investor. Do you consider the current dividend secure, and would you view Superior as a buy at the current price (with income being the primary objective)?
Q: Hi, Superior Plus just announced completion of their strategic review and decided not to sell the construction products distribution business. Would it impact company's ability to pay down debt and increase dividend? Does it change your view on the co.? Thanks
Q: I have some SPB and I am considering buying more. However, I have a general bias against companies which have diversified divisions. I think that companies should stick to their core business. I could expand on this bias. Do you agree with this bias and, if so, is it a concern in the case of SPB?
Q: Hi, Superior Plus shares have been week over past 2 weeks. Even on days when markets have been strong, like yesterday July 22, shares have drifted lower, now about $13.48 down from a high of $14.25. Do you see share price recovery in near term? What are your expectations of quarterly results due on Aug 6? Thanks
Q: I would appreciate your advice concerning Superior Plus convertible debentures. I am holding series G (7.5% coupon maturing Oct 31, 2016) which have a $11.35 conversion price and can be called as of Oct 31, 2014 if 125% above the conversion price. The debentures are currently trading at $128. Given that the share price is already just above the 125% call condition, and assuming it remains there, it is safe to expect that come this October they will be called by the company? When and if this is announced would the debenture price instantly drop? I am wondering if it makes sense to sell now with the small premium before they get called by the company?
Thanks.
Steven
Thanks.
Steven
Q: Hi Do you still like Superior Plus (SPB) at current price ($14.25)to add to existing position for income and growth? Thanks
Q: Hi Peter and team,
Could you tell me if you would support Superior Plus for a tfsa account? I hold sgy,wcp,tog ala and dhx in that account.
Thank you for all of you valued information
Could you tell me if you would support Superior Plus for a tfsa account? I hold sgy,wcp,tog ala and dhx in that account.
Thank you for all of you valued information
Q: You have Superior (SPB) in the income portfolio, so you must think it is a pretty safe, conservative investment. What happened when the share price went from $30 in 2006 to $6 in 2011, and even all the convertible bonds were trading at 60. I thought the main problem was the debt. And what has changed so much in the past 2 years that it's moving in the right direction?