TSX:STB.DB.A - Post by User
Post by
Rak2on Aug 05, 2015 10:35am
176 Views
Post# 23990393
SNCF
SNCF
SNCF is the French state rail company. They bought a bunch of shares in STB recently (see Canadian insider). If they are selling a large block now, I think this is cause for major concern. I would not be surprised to see a dividend cut. I am down to 4064 units, so not a big deal but it would break years and years of consistent dividends. Or maybe the company is getting bought up by some big US competitor. Given our dollar ... it might be tempting for someone.