STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

RE:well done

[slimjim11]

I suggest a clean sheet of paper, with no regrets attached. If the yield today, and the prospects today are attractive, then there is reason to buy and hold the shares of STB. I think the dividend is sustainable, revenues per share are growing, margins are improving and there is significant opportunity for growth. I wrote earlier that a 4% yield would drive the shares to over C$15, and a bear wrote that I was crazy to be so optimistic in a bear market. At today's price of C$6.42 and today's yield of 9.453%, I find the shares attractive still. I expect STB is going even higher.