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

RE:RE:RE:Happy Campers

[PowerPlay47]

I can see CDPQ spinning STB back out in 5 years at US 25.oo.  An except from todays news release says

For the third consecutive year, SafeStop has grown at a rapid pace in terms of buses tracked and registered users. SafeStop began the 2017-2018 school year with approximately 25,000 parents and guardians registered for the app, with more than 3,000 vehicles running on the platform. Already this school year, that number has risen to approximately 40,000 users and more than 3,500 vehicles. Service will be launching soon on over 600 new vehicles in multiple, major school districts in Tennessee and the company is conducting pilots with fleets over 1,000 vehicles in Maryland, Nevada, Illinois, Michigan and Wisconsin.
Read more at https://www.stockhouse.com/news/press-releases/2018/03/20/safestop-carries-momentum-into-second-half-of-2017-2018-school-year#eCDLrJ2XT3oRFjhE.99

STB retail investors are being taken advantage of by Gallagher and CDPQ.

PowerPlay47 wrote:

BuffaloBob wrote: Seriously? 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 U
If this was such a great deal for STB retail investors, why does CDPQ need a break feeS. The big issue for Long holders like me is where to reinvest. 

Bob, I am not sure why you are so emotionally tied to this deal. 

If this was such a great deal for STB retail investors, why does CDPQ need a break fee?  And to take this a little further, what is the fee to be paid by CDPQ to STB if CDPQ do not follow through?

Ya I thought so.  This is a one way deal for a financial firm!  This stinks. STB CEO has been bought and paid for by CDPQ.  Since when does a financial firm take out a company that is not in their angle of business.  Let me run that by you agian Bob.  CDPQ is a financial firm not a bus company.  STB should be bought out by a bus company.

Bob, you ignored my statements like the huge increase in profit for STB Q2.  This is a sign of things to come for STB.  This transaction should be blocked by the government as uncompetative and anit trust. 

STB is growing at 10-15% per year.  Seriously.  These are past statement made by the CEO/Chairman.  You must be part of the CDPQ troll factory.