This company manufactuers buses for transit use. There have been large orders by BC Transit etc, for their bus model. Well run company - with the new federal stimulus for Transit pumping BILLIONS of dollars into transit related investment, this company is sure to see a piece of the pie. Keep an eye out here for constant news releases regarding new customers and new orders. The market cap of this one is around ~27 million and the outstanding orders are over ~100 million. Price @ posting = up from 0.54
Okay - here is a deeper dive into Grand West Transportation including upcoming orders and revenue. Current Price : 0.54 1. On April 28 the company raised $2.4 Million dollars via a private placement at $0.68 2. On May 10 Grand West secures an order for up to 112 buses with BC Transit. 3. On May 16 Grand West secures another contract for 6 buses 4. On June 1 the company significantly improved their manufacturing terms and margin. 5. On June 13 Grand West announced orders for 12 buses (Oakville Ont.) and 4 buses for the City of Burlington - this one is important because the Oakville order was a repeat order after testing 3 of their buses. Currently, the company has locked in contracts for over $100 Million over the next few years (that is 4x Market Cap). With the Liberal Government announcing Transit Funding, more orders are on the horizon with billions invested into Transit. Further, outstanding commitments may be filled due to the new transit $$ available. This thing is going to shoot up and will be the next GSI.V type stock I will recommend on this forum (mentioned GSI @ 0.12 and it is currently at 0.21) (microcap, sales rocking, and huge potential). Look for 25% on this one quickly. **Note I have a position over $10k in BUS.V
Another order up to $18M announced today! Grande West Awarded City of Edmonton Long Term Contract Canada NewsWire VANCOUVER, Sept. 8, 2016 VANCOUVER, Sept. 8, 2016 /CNW/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF) – ("Grande West" or the "Company"), a manufacturer of heavy-duty mid-sized transit buses for sale in Canada and theUnited-States, is pleased to announce that the City of Edmonton has awarded Grande West a long term supply contract for mid-size 30 foot Vicinity® buses. The contract has forecasted quantities (firm and options) for up to forty-five (45) buses, allows the City to increase the number of buses as required and extend the contract for up to 5 years. The initial 2017 delivery order is for six (6) Vicinity buses valued at approximately $2.33 million CAD. The 5 year contract value, if fully exercised, is estimated at approximately $18 million CAD. "We are extremely proud of this important award from the City of Edmonton," said Jean-Marc Landry, Grande West'sVice President, Business Development, "This order reinforces Grande West's strong momentum and growing market share in Canada." About Grande West Transportation Group Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande West's Vicinity bus is available in 30 and 35 foot models designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions. The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in most Provinces across the country. Grande West is also receiving orders in the much larger US market from private operators, while working towards a 'Buy America' certification in order to sell to federal and state transit authorities. Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. Grande West Transportation John LaGourgue Ph: 1-604-607-4000 [email protected] www.grandewest.com Paradox Public Relations Carl Desjardins Ph: 1-866-460-0408 [email protected] www.paradox-pr.ca
Grande West Provides Fourth Quarter Corporate Update Canada NewsWire VANCOUVER, Sept. 12, 2016 VANCOUVER, Sept. 12, 2016 /CNW/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC: GWTNF) – ("Grande West" or the "Company"), a manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United States, is pleased to provide a Corporate update for the Company's fiscal year fourth quarter ended August 31, 2016. Audited fourth quarter and year-end financials will be released in December 2016 and will correspond with an annual corporate update. To further increase financial transparency, the Company will be changing its fiscal year to coincide with the calendar year starting January 1, 2017. This reporting change will result in additional audited fourth quarter financial statements ending December 31, 2016. Grande West recently announced that the common shares of the Company have been made eligible for book-entry delivery and depository services of The Depository Trusty Company (the "DTC") to facilitate electronic settlement of transfers in the United States. DTC is the largest securities depository in the world and holds over thirty-five trillion dollars worth of securities on deposit. DTC accepts deposits of securities from its participants only, who are usually clearing firms. DTC eligibility increases liquidity and efficiencies in trading Grande West's shares, which will allow the Company to increase exposure to new investors in the US and internationally. Deliveries, Order Activity and Backlog The Company delivered and is in the final process of delivering twenty-one (21) 30-foot Vicinity buses. This is a quarterly record number of buses booked to date. Buses have been or are currently being delivered to the following customers: Ten (10) to the City of Calgary, Alberta; Two (2) to the City of Canmore, Alberta; One (1) to the City of Moose Jaw, Saskatchewan; Three (3) to the City of Oakville, Ontario; Two (2) to Transdev Quebec; Three (3) to the Alliance Bus Group, USA Revenue for these 21 bus deliveries is over $7,000,000 CAD. Current firm orders for 2017 delivery are for one hundred thirty-two (132) buses, valued at over $45 million CAD. The Company's bid activity is at an all-time high and further orders are expected during calendar year 2016. Bid activity for 2018 delivery is expected to be considerably higher than for 2017 with Federal Stimulus funding increasing bus sales all across Canada. Grande West continues to win multi year contacts with options. 2018 options are currently at fifty (50) Vicinity buses and further orders are expected as the 2017 production schedule fills up. 2019 delivery Options are now at 40 units. Recent Orders include the City of Edmonton awarding Grande West a long term supply contract for mid-size 30 foot Vicinity buses (see news release September 8, 2016). The contract has forecasted quantities (firm and options) for up to forty-five (45) buses, allows the City to increase the number of buses as required and extend the contract for up to 5 years. The initial 2017 delivery order is for six (6) Vicinity buses valued at approximately $2.33 million CAD. The 5-year contract value, if fully exercised, is estimated at approximately $18 million CAD. The three (3) 30 foot Vicinity Buses delivered to the Alliance Bus Group are the first USA deliveries in the fifty (50) bus order announced on October 27, 2015. The balance of the order has been realigned into the production schedule for 2017 delivery. As previously announced, Grande West is expanding its production schedule to manufacture a minimum of 15 buses per month throughout 2017. This new dedicated manufacturing line will equate to cost savings in numerous areas as operations are optimized for efficiencies in production, purchasing, shipping and delivery. USA Activity In the last quarter Grande West announced the completion of testing the Vicinity 30 foot model bus in the FTA's Bus Test Program at Altoona, Pennsylvania. The Vicinity was tested for the maximum allowable 12-year durability testing, where it delivered exceptional results in all categories. The full report is available at www.grandewest.com. The primary focus of the test program evaluates the structural durability and integrity, reliability, performance, maintainability, safety, noise, and fuel economy. The validation of achieving such high results at Altoona will be the catalyst for many USA orders. The Alliance Bus Group is marketing the Vicinity across the country, resulting in very positive results with its efforts. The USA market is split into two segments, private sales and transit sales. Transit sales require a Buy America certification. Grande West is pleased to announce it is currently preparing to meet the FTA requirements for Buy America. When completed the certification will open opportunities to bid on USA transit bus sales. Grande West's total addressable market after Buy America certification in the US is estimated with target sales of about 1,000 buses per year. In order to accelerate its efforts to obtain Buy America certification and support increased sales and delivery activity, the Company is pleased to announce the addition of John Choo to the Grande West engineering department. John will lead the Company's Buy America initiative and work with the sales and production team on RFPs, production and deliveries. John is a Professional Engineer with over 25 years experience in project management, support, testing, mechanical design engineering, sales, and other related skills. He spent the majority of his career with Motor Coach Industries and New Flyer Industries Inc. His most recent position with New Flyer Industries was as an Engineering Technical Leader, which translates very well to his new position with the Company. John will be granted 100,000 stock options at $0.50 per common share, which will vest in accordance with the Company's stock option plan. The options granted are exercisable until September 6, 2021, subject to exchange approval. William Trainer, President and CEO of Grande West stated, "It has been a very busy quarter achieving record deliveries of our Vicinity buses, and this will translate into record quarterly revenue. This has also been an important time for us to analyze and streamline the Company's production and delivery processes. Our team has done a tremendous job building up our Canadian market business, and we expect to continue to win market share across the country. With our order book and backlog filling up for 2017 deliveries, Grande West has never been in a better position operationally or financially than we are today. The Company wishes to thank our Canadian investors, partners, public sector transit clients and ridership for their support to date as we ramp up to sustained production, revenues and ***profitability*** in the first quarter of 2017." An updated investor presentation will be available on the company's website on September 14, 2016. About Grande West Transportation Group Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande West's Vicinity bus is available in 30 and 35 foot models designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions. The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in most Provinces across the country. Grande West is also receiving orders in the much larger US market from private operators, while working towards a 'Buy America' certification in order to sell to federal and state transit authorities. Grande West Transportation Paradox Public Relations John LaGourgue Carl Desjardins Ph: 1-604-607-4000 Ph: 1-866-460-0408 [email protected] [email protected] www.grandewest.com www.paradox-pr.ca
In at 0.54 and out at 0.64 - going to hold the free shares long term as I believe that this company is heading in the right direction.
Technically, the short term looks good. A break of 0.65 could move it up to 0.76. http://canada.stoxline.com/q_ca.php?s=bus.v
Grande West to Showcase Vicinity at BusCon Canada NewsWire VANCOUVER, Sept. 19, 2016 VANCOUVER, Sept. 19, 2016 /CNW/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC Pink: GWTNF) – : ("Grande West" or the "Company"), a manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United States, will be showcasing its Vicinity buses at BusCon with its USA distributor Alliance Bus Group. BusCon is considered to be North America's largest bus show being held at the Indiana Convention Center inIndianapolis, September 19-21, 2016. One of Grande West's 30 foot Vicinity buses will be on display in a premier location at the convention. For more information on BUSCON visit www.busconexpo.com. Doug Dunn, President and CEO of Alliance Bus Group stated, "With the exceptional results achieved on the recent Altoona Test, the Vicinity is positioned to capture a significant amount of market share in the United States mid-sized bus market. We are excited for the opportunity to represent Vicinity at BusCon, and we expect a robust year for sales in 2017 and beyond." For further information please contact: Grande West Transportation Paradox Public Relations John LaGourgue Karl Mansour Ph: 1-604-607-4000 Ph: 1-866-460-0408 [email protected] [email protected] www.grandewest.com www.paradox-pr.ca Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the use of proceeds from the Private Placement, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Grande West's expectations include uncertainties relating to the receipt of final approval from the TSX-V; and other risk and uncertainties disclosed in Grande West's reports and documents filed with applicable securities regulatory authorities from time to time. Grande West'sforward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande West assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law. SOURCE Grande West Transportation Group Inc. Image with caption: "Grande West Transportation Group Inc. (CNW Group/Grande West Transportation Group Inc.)". Image available at: http://photos.newswire.ca/images/download/20160919_C6785_PHOTO_EN_775745.jpg Grande West Transportation: John LaGourgue, Ph: 1-604-607-4000, [email protected], www.grandewest.com; Paradox Public Relations: Karl Mansour, Ph: 1-866-460-0408, [email protected], www.paradox-pr.caCopyright CNW Group 2016
Investor Presentation: http://www.grandewest.com/sites/default/files/GW-Investor-Sept2016.pdf If they are able to hit the 2018 EPS guide of 0.25 and the stock trades at 15x P/E this one will touch ~$4.00 which will be a 5-7 bagger from here.
Keep on trucking!!! Another significant order! Grande West Receives BC Transit Order for Vicinity 35 Foot Buses Grande West Receives BC Transit Order for Vicinity 35 Foot Buses Canada NewsWire VANCOUVER, Sept. 26, 2016 VANCOUVER, Sept. 26, 2016 /CNW/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC Pink: GWTNF) –September 26, 2016: ("Grande West" or the "Company"), a manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United States, is pleased to announce it has received new orders from BC Transit for seventeen (17) Vicinity buses totalling $6 million CAD. The order is for fourteen (14) 30 foot and three (3) 35 foot Vicinity buses for 2017 delivery. This is in addition to BC Transit's initial order for forty-one (41) 30 foot Vicinity buses valued at approximately $13 million CAD announced May 10, 2016. The new orders for the 35 foot bus are Grande West's first in the larger format. Customers across Canada and the USAhave expressed significant interest in the 35 foot Vicinity to satisfy ridership demand where traditional 40 foot buses are too costly to operate efficiently. Current firm orders for 2017 delivery are for one hundred forty-nine (149) buses valued at over $50 million CAD. Firm orders and options for 2018-2020 delivery are currently at ninety (90) buses. William Trainer, President and CEO stated, "Bringing the 35 foot Vicinity to market to meet customer requests for higher passenger capacity is another major milestone for Grande West. Offering a larger bus provides transit authorities with additional flexibility as they 'rightsize' their fleets for increased efficiencies with fuel, maintenance, ridership and capital costs. We will continue to innovate and extend our product line to meet the needs of our existing and growing customer base." For further information please contact: Grande West Transportation Paradox Public Relations John LaGourgue Karl Mansour Ph: 1-604-607-4000 Ph: 1-866-460-0408 [email protected] [email protected] Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding the use of proceeds from the Private Placement, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Grande West's expectations include uncertainties relating to the receipt of final approval from the TSX-V; and other risk and uncertainties disclosed in Grande West's reports and documents filed with applicable securities regulatory authorities from time to time. Grande West'sforward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. Grande West assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law. SOURCE Grande West Transportation Group Inc. Image with caption: "Grande West Transportation Group Inc. (CNW Group/Grande West Transportation Group Inc.)". Image available at: http://photos.newswire.ca/images/download/20160926_C4778_PHOTO_EN_780991.jpg Grande West Transportation: John LaGourgue, Ph: 1-604-607-4000, [email protected], www.grandewest.com; Paradox Public Relations: Karl Mansour, Ph: 1-866-460-0408, [email protected], www.paradox-pr.caCopyright CNW Group 2016
This was a big announcement as BUS.V is getting into the larger size bus market. The goal of 2017 deliveries of 150 buses is already met, everything else is icing on the cake. Trading above 0.74 today - was recommended at 0.54 - hope a few of you got in. President buying in the open market. Sep 27/16 Sep 26/16 Trainer, William Direct Ownership Common Shares 10 - Acquisition in the public market 12,500 $0.670 Sep 27/16 Sep 26/16 Trainer, William Direct Ownership Common Shares 10 - Acquisition in the public market 29,500 $0.650
Grande West has surpassed it's sales estimates for 2017!!! Grande West Receives Additional City of Edmonton Order Canada NewsWire VANCOUVER, Oct. 3, 2016 VANCOUVER, Oct. 3, 2016 /CNW/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF) –October 3, 2016: ("Grande West" or the "Company"), a Canadian manufacturer of heavy-duty mid-sized transit buses for sale in Canada and the United-States, is pleased to announce that it has received an additional order from the City of Edmonton totalling approximately $3.8 million CAD. The order is for ten (10) 30 foot Vicinity buses for 2017 delivery. This is in addition to the City's initial order for six (6) 30 foot buses announced September 8, 2016, bringing the order total to $6.1 million CAD. The contract has forecasted quantities (firm and options) for up to forty-five (45) buses, allows the City to increase the number of buses as required and extend the contract for up to 5 years. Current total firm orders for 2017 delivery are for one hundred fifty-nine (159) buses valued at over $54 million CAD. Firm orders and options for 2018-2020 delivery are currently at ninety (90) buses. About Grande West Transportation Group Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande West's Vicinity bus is available in 30 and 35 foot models designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions. The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in most Provinces across the country. Grande West is also receiving orders in the much larger US market from private operators, while working towards a 'Buy America' certification in order to supply federal and state transit authorities. For further information please contact: Grande West Transportation John LaGourgue Ph: 1-604-607-4000 [email protected] www.grandewest.com Paradox Public Relations Karl Mansour Ph: 1-866-460-0408 [email protected] www.paradox-pr.ca Neither the TSX-V nor its Regulation Service Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. Cautionary Note Regarding Forward-Looking Statements
There is an investor presentation available here http://grandewest.com/sites/default/files/GW-Investor-Sept2016.pdf that outlines the companies sales projections and estimated profits. According to the chart they hope to be profitable by Q1 next year and earn 0.07 cents per share. 2018 is the big year where profit is expected to go up more than 3 fold at 0.25 EPS. Being a new company and breaking into the US market, lets for arguments sake propose another double in 2019 at 0.50 EPS not expecting revenues to triple for a third straight year (which is entirely possible for a small company this size). 2017 = 0.07 EPS - 150 sales 2018 = 0.25 EPS - 300 sales 2019 = 0.50 EPS - 600 sales If you are a long term hold on this I would check this stock at two periods next year, end of Q2 and year end, if they are on pace with their anticipated sales targets. They have already beat the anticipated target of 150 buses next year. There are a few major catalysts (outside of achieving sales targets) that will impact this stock in the next few years. 1. Getting sales completed in the US market (breakthrough) 2. Expanding their product line up once goodwill is achieved with previous customers. 3. Hitting a stock price of $1.00 (for more interest from the small/micro cap funds) 4. Hitting a market capitalization of $100 Million 5. Upgrade to the TSX exchange. Some conservative estimates below: My target for end 2017 is profit at 0.08-0.09 EPS (beating estimates) and trading at a 12-15x multiple ($1-1.50) My target for end 2018 is profit at 0.25 EPS and trading at a 16-20x multiple ($4.00 - $5.00). I will check back quarterly for results and see if I need to change my position. Things are always wacky on the TSXV - for example look at DBO (it trades at a 90x multiple of EPS - very bad value).
The company announced yesterday that it has received an additional order from the City of Edmonton totalling approximately $3.8 million CAD. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and NEUTRAL in mid-long term. http://canada.stoxline.com/q_ca.php?s=bus.v
Grande West Transportation Group Inc. to Present at The MicroCap Conference on October 24-25 in Philadelphia V.BUS | 12 hours ago ARLINGTON, VA / ACCESSWIRE / October 11, 2016 / Grande West Transportation Group Inc. (PINKSHEETS:GWTNF) will be presenting at this year's The MicroCap Conference on October 24-25 in Philadelphia at the Hotel Monaco, along with 60 other companies in the microcap universe. The MicroCap Conference is an exclusive event for investors who specialize in small and microcap stocks. It is an opportunity to be introduced to and speak with management at some of the most attractive small companies, learn from various expert panels, and mingle with other microcap investors. This event is free for private and institutional investors - to learn more, please click here. Investors and interested parties may listen to the live webcast of Grande West Transportation Group Inc.'s presentation on October 24, 2016 at 2:00 pm ET by clicking http://wsw.com/webcast/microcapconf2/bus.v. About Grande West Transportation Group Inc. Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande West's Vicinity bus is available in 30 and 35 foot models designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions. SOURCE: Grande West Transportation Group Inc.
BUS.V From the relationship between price and moving averages; we can see that: This stock is NEUTRAL in short-term; and BULLISH in mid-long term. Relative strength index: 55.94.
Grande West Receives City of Saskatoon Contract Canada NewsWire VANCOUVER, Oct. 17, 2016 VANCOUVER, Oct. 17, 2016 /CNW/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF) - ("Grande West" or the "Company"), a Canadian manufacturer of heavy-duty mid-sized transit buses for sale in Canadaand the United-States, is pleased to announce it has received a new contract and order from the City of Saskatoontotalling approximately $1.9 million CAD. The initial order is for four (4) 30 foot Vicinity buses for 2017 delivery. However, the potential exists to extend this contract for an additional order of buses for delivery in 2018. Additionally, the Company received new orders from Welland Transit for two (2) 30 foot Vicinity buses and the City of Cobourg for one (1) 30 foot Vicinity, for a total of approximately $1.5 million CAD. Current total firm orders for 2017 delivery are for one hundred sixty-six (166) buses valued at over $57 million CAD. Firm orders and options for 2018-2020 delivery are currently at ninety (90) buses. William Trainer, President and CEO of Grande West stated, "It is an honour to be partnering with great municipalities across Canada to provide a solution for rightsizing their fleets in order to reduce costs and increase operating efficiencies. The Company is very excited about our strong momentum and positive response we are receiving from our customers." About Grande West Transportation Group Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande West's Vicinity bus is available in 30 and 35 foot models designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions. The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in most Provinces across the country. Grande West is also receiving orders in the much larger US market from private operators, while working towards a 'Buy America' certification in order to supply federal and state transit authorities.
You called it Holly - above 0.80 today! Grande West receives City of Prince Albert order Canada NewsWire VANCOUVER, Oct. 18, 2016 VANCOUVER, Oct. 18, 2016 /CNW/ - Grande West Transportation Group Inc. (TSXV: BUS; OTC PINK: GWTNF) - ("Grande West" or the "Company"), a Canadian manufacturer of heavy-duty mid-sized transit buses for sale in Canadaand the United-States, is pleased to announce it has received a new order from the City of Prince Albert, Saskatchewantotalling approximately $2.95 million CAD. The order is for seven (7) 35 foot Vicinity buses for 2017 delivery. Current total firm orders for 2017 delivery are for one hundred seventy-three (173) buses valued at over $60 million CAD. Firm orders and options for 2018-2020 delivery are currently at ninety (90) buses. Keri Sapsford, Transportation Manager stated, "The City of Prince Albert is pleased to announce the purchase of the new 35 foot Vicinity buses for its conventional fleet. The Grande West Vicinity provided the City with the opportunity to rightsize its fleet with a reliable bus to meet ridership demands in the most cost efficient, safe and environmentally friendly method. We are very much looking forward to the delivery of the new buses in 2017." William Trainer, President and CEO of Grande West stated, "We are pleased that Prince Albert has committed a sizeable allocation of Vicinity buses to its fleet. We are also pleased to include Prince Albert as a new member of a rapidly growing number of Canadian Transit Agencies who are choosing Vicinity. Grande West is honoured to be a part of the Federal Transit plan that recognizes the needs of all communities across Canada." About Grande West Transportation Group Grande West Transportation Group is a Canadian bus manufacturer which designs, engineers and manufactures mid-size buses for transit authorities and commercial enterprises. Grande West's Vicinity bus is available in 30 and 35 foot models designed with affordability, accessibility and global responsibility in mind. It costs significantly less than a regular 40 foot transit bus, burns less fuel and emits less harmful emissions. The Company has been successful in supplying Canadian municipal transportation agencies and private operators with new buses and is receiving follow-on orders in most Provinces across the country. Grande West is also receiving orders in the much larger US market from private operators, while working towards a 'Buy America' certification in order to supply federal and state transit authorities. For further information please contact: Grande West Transportation John LaGourgue Ph: 1-604-607-4000 [email protected] www.grandewest.com Paradox Public Relations Karl Mansour Ph: 1-866-460-0408 [email protected] www.paradox-pr.ca
Bruce Campell announced that BUS is his top pick on BNN. Goodbye to cheap shares. http://www.bnn.ca/video/bruce-campbell-s-top-picks~980953 TOP PICKS GRANDE WEST TRANSPORTATION (BUS.V) The company designs, builds and sells buses for mass transit in the mid-size category. The buses they manufacture are heavy-duty, reliable and more efficient for the operators. The company is just on the cusp of turning cash flow and earnings positive. Company management has released scenario analysis that sees a range of EPS for 2017 of $0.04 to $0.24 per share. The last purchase was $0.98. Funds own, but none personally or family. Read more at http://www.stockhouse.com/companies/bullboard?symbol=v.bus&postid=25391507#gQplMW62QXWBsqm0.99
