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cartonet

11/13/15 4:37 AM

#14777 RE: Traderfan #14603

STT.V, yup they were off due to costs overruns on one of their larger tank projects. Still if you take the last 9month picture, balance sheet and where the price is at, stock is a crazy bargain. Their NCIB broker Raymond James bought another chunk of shares on the day of the release, STT seems commited to really conduct the 2.8M buyback (so far they have bought close to 900k):

House Positions for C:STT from 20151111 to 20151111
House Bought $Val Ave Sold $Val Ave Net $Net
2 RBC 334,000 80,350 0.241 20,000 4,800 0.24 314,000 -75,550
89 Raymond James 277,500 67,086 0.242 0 277,500 -67,086
9 BMO Nesbitt 117,500 28,200 0.24 20,000 4,577 0.229 97,500 -23,623
99 Jitney 29,000 6,670 0.23 29,000 6,985 0.241 0 315
19 Desjardins 0 20,000 4,840 0.242 -20,000 4,840
88 Credential 0 20,000 4,900 0.245 -20,000 4,900
1 Anonymous 8,000 1,875 0.234 34,000 8,180 0.241 -26,000 6,305
79 CIBC 230,000 56,350 0.245 267,000 64,815 0.243 -37,000 8,465
7 TD Sec 203,500 48,728 0.239 274,500 65,576 0.239 -71,000 16,848
85 Scotia 15,000 3,620 0.241 99,000 24,209 0.245 -84,000 20,589
13 Instinet 3,000 675 0.225 434,000 104,672 0.241 -431,000 103,997
TOTAL 1,217,500 293,554 0.241 1,217,500 293,554 0.241 0 0