TSX:STB.DB.A - Post by User
Comment by
goldsternpon Apr 11, 2013 3:20am
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Post# 21240155
RE: RE: RE: RE: Double the price, half the dividen
RE: RE: RE: RE: Double the price, half the dividen Your conservative stocks seem to have been better choices.
What is there not to like about STB that is now focusing on contracts with no or low capital outlays and with long term contracts. The CEO has school buses in his blood as his grandfather was already in the business in 1922. The company is delivering on their growth forecasts. I can't think of a business more immune to economic cycles than transporting children to school. Additionally there is a huge short position that needs to be eventually covered as the company seems to be doing anything but living up to the dire forecasts of unsustainable dividends, "steering for a ditch", etc. etc.
Looks like there are plenty of self serving critics like Saibus and now Cramer with the latter writing garbage that seems to have predated the new contract announcement.
Are you short or long STB?