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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, 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
Read Answer Asked by rajeev on July 23, 2014
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
Read Answer Asked by Steven on July 07, 2014
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?
Read Answer Asked by Ian on May 15, 2014
Q: Hello Peter & Co. RE: Superior Plus SPB-T
Could I get a fresh look at SPB Please.
I see over the last 22 days it has a slight up trend and the MACD is currently providing a weak bullish signal.
Would you know the percentage of cash flow?
How are they managing with their debt level?
I have been waiting for a good entry point for SPB to add to my long term income portfolio.
As always , Thank you for your Great Service.
Dennis
Read Answer Asked by Dennis on September 18, 2013
Q: Superior Plus (SPB) has had an amazing run recently from about $6.50/sh, and has now announced a bought deal offering of $125 million at $11.10/sh. Having missed the runup,is there still prospects for further growth from SPB? Is seasonality an issue as winter (hopefully) draws to a close? Thanks in advance for your views.
Harold.
Read Answer Asked by Harold on March 08, 2013