TSX:STB.DB.A - Post by User
Comment by
goldsternpon Feb 18, 2016 10:36am
85 Views
Post# 24570438
RE:On the surface the Q2 results look good
RE:On the surface the Q2 results look goodThe past year has been tough on those who are into stock flipping. Seems that is the preferred model these days, rather than investing in productive enterprises.
No doubt there are downsides and upsides and you might want to consider:
1. Shareholder's equity/share is up almost 7% year to year which suggests that existing shareholders are benfiting from economies of scale. Remember that this company finances growth with new funding; debt/equity. Soemthing like a REIT.
2. To me the most important element is one that can't be quantified. Denis Gallagher and his team like what they are doing. His family has been in transportation for 3 generations.
3. The company is thinking outside the box with new efficiencies and technologies.
4. The way things are going in the world today, the next thing could be a Chinese company wanting to buy them out because they like mustard colored buses.