When was Parkland Corporation shifted to Neutral on the growth bull list?

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Hi Gentlemen
I recently noticed that PKI was shifted to Neutral status. The last report I could find was on August 8th and the thesis was generally positive. There was an update on this stock on Nov 6th with no hint of a status change and there was an indication that there would be more info to come in a week. I am meticulous about reading the emails and always check the premium content and questions on the website to see if I missed something. I was not able to find any further update on PKI after Nov 6th.
Has the status on his stock been changed to neutral? And if so what is your current stance on it?
Thanks,
Rick

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Asked on December 7, 2022 11:13 pm
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It seems you are correct, our blurb on Parkland and us shifting to neutral was actually not placed in the November 13th e-mail. That is our mistake!

Regardless, the shift to neutral was simply to get some clarity on the current rate environment, the company's debt ratios, and the current impact of the one-off quarter it posted.

We're going to take a dive into its newly issued guidance this AM and will have some updates soon. For me, I have a decent-sized position in Parkland (about 2.5% of the portfolio) with absolutely no intentions of selling.

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Posted by Dan Kent
Answered on December 8, 2022 7:56 am
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