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--- info:sudnf_school_buses_8-1-2009 [2009/08/01 20:44] – created tomgee
+++ info:sudnf_school_buses_8-1-2009 [2009/08/01 20:44] (current) – tomgee
@@ Line 4: / Line 4: @@
 For some of you  income investors, you may want to look into the following.   We completed our accumulation process this a.m. thanks to some help from the block desk @ Ameritrade.
-        SUDNF (the pink sheet for STB) is a similar business model to ATPWF is that they're both "stapled", are listed on the TSX even though most of their business is done in the U.S.
+SUDNF (the pink sheet for STB) is a similar business model to ATPWF is that they're both "stapled", are listed on the TSX even though most of their business is done in the U.S.
-       The only difference is they're officially going to separate the common shares from the 14% note on 7/31, STB is the common shares & has & will continue have a monthly dist. of C.04636833 monthly (C.5565 yearly).
+The only difference is they're officially going to separate the common shares from the 14% note on 7/31, STB is the common shares & has & will continue have a monthly dist. of C.04636833 monthly (C.5565 yearly).
-      "Student Transport of America" is one of the largest school bus leasing companies in North America & recently got the majority of the county just north of us in Jacksonville,  Fl.   It is the believe of many current holders that this company plans to seek a U.S. listing in the future (I have no idea when that would happen).  In spite of their modest market cap, they enjoy remarkable liquidity due to the fact that most of their units are held by retail investors as opposed to ATPWF which is mostly institutions.   Their current yield is in the 15% range & the 15% tax is taken out of the distribution.   Up until today, only Canadians could get this on D.R.I.P.;  however, got Ameritrade to change & they are now offering this to all their unit holders.
+"Student Transport of America" is one of the largest school bus leasing companies in North America & recently got the majority of the county just north of us in Jacksonville,  Fl.   It is the believe of many current holders that this company plans to seek a U.S. listing in the future (I have no idea when that would happen).  In spite of their modest market cap, they enjoy remarkable liquidity due to the fact that most of their units are held by retail investors as opposed to ATPWF which is mostly institutions.   Their current yield is in the 15% range & the 15% tax is taken out of the distribution.   Up until today, only Canadians could get this on D.R.I.P.;  however, got Ameritrade to change & they are now offering this to all their unit holders.
-      Following is their website: http://www.sta-ips.com/build/index.php
+Following is their website: http://www.sta-ips.com/build/index.php
      Per usual, not a recommendation-just something that may be of interest to some.         Ron
-     *ATPWF remains by far our largest individual holding (excluding some OEF's)
+*ATPWF remains by far our largest individual holding (excluding some OEF's)
-    *the funds for SUDNF came from the liquidation of PTTRX (wanted to protect profits) and a minor cut back of TGLMX.
+*the funds for SUDNF came from the liquidation of PTTRX (wanted to protect profits) and a minor cut back of TGLMX.