TSX:STB.DB.A - Post by User
Comment by
d_trumpon Feb 12, 2015 1:27pm
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Post# 23422862
RE:RE:On The Way To $2.00
RE:RE:On The Way To $2.00Agreed.....plenty of overly simplistic cash flow analyses by the skeptics. The fact is the debt is growing but not to pay the dividend but rather to invest in cash generating assets. So as long as the growth unfolds there is no reason to worry about the sustainability of the dividend. The Q2 numbers clearly demonstrate this. Plenty of tailwinds here....fragmented industry, lower fuel costs, leveraging of technology, strong USD.....and IMHO a very astute CEO.
Nice little income/growth play that is not well understood by analysts.