TSX:STB.DB.A - Post by User
Post by
emba33on Sep 15, 2015 12:04am
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Post# 24103859
What will save the stock price ...?
What will save the stock price ...?Hi Folks:
This company is in a stable "recession proof" industry, with a very generous dividend and growth prospects through a combination of acquisitions, organic growth and technology (SAFE STOP). They have a long track record of expanding the dividend.
We get the latest earnings, slightly exceed estimates and no negative surprises ... the stock falls on the news.
Regardless of all these great things, this stock price continues to slide. It is down around 30% on the year.
There are many posters in this forum who see this as a buying opportunity. If the results can not slow the slide ... what is it going to take to at least stabilize ...? It's difficult to feel like we hit a bottom today as we slide 2.5% on good news!
Emba33