Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

TSX:STB.DB.A - Post Discussion

STUDENT TRANSPORTATION INC 5.25 PCT DEBS > Weighted average shares
View:
Post by slimjim11 on Jan 19, 2016 11:10am

Weighted average shares

Bluecollar, thank you for agreeing that using the shares outstanding at the end of a period in which a significant share issue has been done, is a negatively distorting methodology. The company had no time to earn revenues on the shares issued at the end of fiscal 2015. To be fair, we need to look at revenues achieved through 2015 since the last significant share issue: in 2013, revenues were $423,688 on 81,358 shares or $5.21 per share, and these revenues grew to $554,751 at the end of 2015 or $6.82 per share on these 81,358 shares, a compound growth rate of 14.4%. Proven, reliable growth.
Comment by BlueCollar51 on Jan 21, 2016 10:45am
Your method is very simplistic and conveniently ignores the dilutive DRIP shares issued to Subsidize the Cash Dividends. Not to mention the Balance Sheet and Off Balance Sheet Debt used to generate Revenue and more importantly Net Cash From Operations in the period you used.   Using your method, I could legitimately say that in the same period the Share count increased by 18% and ignore ...more  
Comment by fellowship on Jan 21, 2016 4:19pm
For sure current market situation is much better then probably it will ever be in near future. How do you see this moving forward ? You also need to consider the flow of short sellers which are now dumping all their stocks. I dont see myself fleeing the market, so for sure eveything is for sale and for buying.
Comment by BlueCollar51 on Jan 21, 2016 5:13pm
Rather than repeating myself (I probably do more than enough of that) I will direct you to this post;   https://www.stockhouse.com/companies/bullboard/t.stb/student-transportation-inc?postid=24467275
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities