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.

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



TSX:STB.DB.A - Post by User

Comment by BuffaloBobon Mar 04, 2018 11:29am
275 Views
Post# 27657971

RE:Happy Campers

RE:Happy CampersSeriously? A 13 times EBITDA deal in this type business is tremendous. The market was never going to value this at this price. There is also the risk maybe the dividends are not permanent. Interest rates climbing. Labour rates up. All those things kept retail investors at bay. Institutional shareholders never liked the dividends and didn’t believe them. Other companies in this industry trade for 4-6 times EBITDA. This is a deal that was good for all shareholders. Cheers to the company for showing the naysayers and the Seeking Alphas of the world who said the Stock was worth $2-3 US. The big issue for Long holders like me is where to reinvest. 
<< Previous
Bullboard Posts
Next >>