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Bullboard - Stock Discussion Forum STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

TSX:STB.DB.A - Post Discussion

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Post by scarface9 on Feb 24, 2016 7:22pm

New Oregon Contract

$4.8 million/year.

With the new LA contract that's about $16 million in new contracts signed this week. Not too shabby.
Comment by slimjim11 on Feb 24, 2016 10:39pm
Several bits from the press release on Oregon: they were not the low price bidder, and their existing customer in a neighbouring district recommended them. Both facts speak well for opportunities ahead, growing revenues at higher margins. https://www.ridestbus.com/releases.cfm
Comment by Jmarks1 on Feb 25, 2016 2:43pm
STB thumped the big dog on every aspect of the bid except price, even with a material price difference they still won the contract. Same with the earlier contract in Oregon. Nice steals from the big dog!   
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