Had been out of the market (and TBUS) for a while, but have begun buying back into TBUS. Good to be home? With expectations for this quarter and coming year, I think this will turn out to be a great holidng. Time will tell. As always, my best to all the longs.
I don't have any great insight into this quarter. I like (especially in light of expected continued high oil prices) the outlook long term for mass transit projects. I think they will beat slightly the guidance given last quarter for this quarter and the year. Looking to next year, I think they well could earn as much as the projected and that leads me to believe they could, as someone else suggested, triple in the next year. Playing the pessimist on earnings, I believe that buying at these prices should provide at least a 30+% for the next year. Of course all my opinion. Time will tell.