TSE:STB

Student Transport of America Ltd. (STB.TO)

BUY
(Market Call Minute.) This is an IPS structure that has a common stock element and a bond attached to it. Just announced they are calling in all their IPS units and converting to common shares.
BUY
School buses. American based company. Growth is through new contracts, buying other school bus companies or out bidding competition. Has been showing good growth. Small-cap and higher risk with distribution of 16%. Not economically sensitive.
STRONG BUY
School buses are pretty much resistance to recession. 16% yield is pretty safe.Just bought some of this himself.
BUY
One of the best run school bus companies in North America. Have common shares as well as income trust units and over time will convert them all to common.
BUY
Stock has largely been unwound into a common stock structure. Continue to win contracts. School boards are looking to outsource suppliers of services. 13.5% yield.
TOP PICK
School bus company. 14.5% yield. Was an income deposit security, a common share plus a debenture. Have done 2 exchange offers in the last year where they exchanged debentures for common shares. Was trashed without a whole lot of thought to the fundamentals of their business.
PAST TOP PICK
(A Top Pick Aug 13/07. Down 44%.) This is school buses and kids are still going to school. Exposure to fuel costs is minimal as school boards pay for fuel. Good Buy.
PAST TOP PICK
(A Top Pick Aug 14/07. Down 8%.) Operations are doing fine. Treating it as a Hold.
PAST TOP PICK
(A Top Pick Nov 3/06. Down 10%.) About 15% of bus revenue is from Canada and 85% from the US. A British company is buying Laidlaw which will have to divest some of their US school bus lines giving this company a good opportunity.
TOP PICK
Making an offer of all holders of their subordinate debentures for an exchange to common shares. A well-capitalized equity with a high dividend in a year from now. Good price.
PAST TOP PICK
(A Top Pick Nov 3/06. Up 3%.) 5th largest school bus service in North America. Won’t be impacted by government’s income trust legislation. Good management.
PAST TOP PICK
(A Top Pick Nov 3/06. Up 1%.) Student transportation. They have opportunities to expand in Ontario. Decent margins. Won't be affected by Trust legislation.
TOP PICK

5th largest school bus company in Canada. Industry is still fragmented and can be consolidated. Diesel prices are locked in with a hedge. Cheap.

WEAK BUY
A US company that is rolled into the Canadian structure. Focused on rural areas in the US so there is less competition. Pretty good growth opportunities. A pretty good company and pretty well run. Not cheap.
BUY
Thinks highly of management which was formerly Laidlaw's Bus management. Have been making acquisitions and one of them is where 70% of their fuel costs is paid for by the customer. Still buying.
Showing 91 to 105 of 112 entries