BCE

[Michael Lots]

Here's my take, BCE is attractive at these levels and while the market believes their dividend is unsustainable, the key metric to watch for is FCF. From the last read of their FY report, if memory serves, it was still positive and they're able to cover the dividend.

Here's the potential catalyst...when interest rates start to fall....BCE and other defensive stocks are going to start climbing because their interest costs are going to be lower boosting bottom line and/or CAPEX budgets for future projects to generate more revenue. No one can "time' the market well anyways...so why bother. Sit back and relax on the 8% yield while we ride out some turbulence.

FYI - I pulled the same move during COVID crash on SU...yes they cut their dividend and I had anticipated that anyways. They restored and grew it from pre-COVID. Call me a bag holder I guess? At the end of the day.....if you're long-term, you're buying the business that is generating cash at a steady pace, don't expect Nvidia level capital gains.

Let me know what you guys think lol.

 

[jeff2]

Here's my take, BCE is attractive at these levels and while the market believes their dividend is unsustainable, the key metric to watch for is FCF. From the last read of their FY report, if memory serves, it was still positive and they're able to cover the dividend.

Here's the potential catalyst...when interest rates start to fall....BCE and other defensive stocks are going to start climbing because their interest costs are going to be lower boosting bottom line and/or CAPEX budgets for future projects to generate more revenue. No one can "time' the market well anyways...so why bother. Sit back and relax on the 8% yield while we ride out some turbulence.

FYI - I pulled the same move during COVID crash on SU...yes they cut their dividend and I had anticipated that anyways. They restored and grew it from pre-COVID. Call me a bag holder I guess? At the end of the day.....if you're long-term, you're buying the business that is generating cash at a steady pace, don't expect Nvidia level capital gains.

Let me know what you guys think lol.

Well, in non registered accounts we have the dividend tax credit. But sometimes I think it distorts our thinking.

 

[JohnnyWishbone]

BCE gearing up for an erection! Mar 7 10:40am $49.36

Looks like it's suffering from some erectile dysfunction first. I think it goes back to 51 towards year end, assuming we have a couple of interest rate cuts

 

[rajput]

I need 3 years of dividends to break even before tax

 

[JohnnyWishbone]

I need 3 years of dividends to break even before tax

It's the sort of stock which generally does nothing except trade within a range. i.e. no capital appreciation. I'm down 10% but have collected loads in dividends over the years. Just collect the dividends while you wait for price recovery

 

[Ceiling Cat]

BCE gearing up for an erection! Mar 7 10:40am $49.36

Looks like it's suffering from some erectile dysfunction first. I think it goes back to 51 towards year end, assuming we have a couple of interest rate cuts

I can tell you one thing that is sure about the stock market. That is that there is nothing for sure on the stock market. The markets can be influenced by environmental, political, and economic condition. There can be a contagion of fear or a rush to buy for no reason. There is not one sure way to invest in stocks, the people that get it right more often than wrong are the ones with a strategy. I invest on probability, not speculation. BCE gave an indication that it was a buy at the time. My track record is 8 or 9 times out of 10 right. BCE is not a stock that I would watch or buy, it is too slow for me. When I buy a stock. not only do I predict the up potential I also predict the down potential. So I would have been stopped out at $46.90, limiting my loss. The trend higher started at $45.60 on Thursday. BCE should go higher from here.

I suspect you are like the vast majority of investors and are a buy and hold type. You may see you stocks go up and then go down. If your prediction for BCE @ $51.00 at the end of the year is right, you will have had to wait 9 months for your profit. Where as I would have taken my 2-5% several times a week on different stocks.

 

[Gators]

As a long term income investor. I already have lots of shares , I will add more at the end of the month. I think there is 20% upside by the end of 2025.

 

[Michael Lots]

I can tell you one thing that is sure about the stock market. That is that there is nothing for sure on the stock market. The markets can be influenced by environmental, political, and economic condition. There can be a contagion of fear or a rush to buy for no reason. There is not one sure way to invest in stocks, the people that get it right more often than wrong are the ones with a strategy. I invest on probability, not speculation. BCE gave an indication that it was a buy at the time. My track record is 8 or 9 times out of 10 right. BCE is not a stock that I would watch or buy, it is too slow for me. When I buy a stock. not only do I predict the up potential I also predict the down potential. So I would have been stopped out at $46.90, limiting my loss. The trend higher started at $45.60 on Thursday. BCE should go higher from here.

I suspect you are like the vast majority of investors and are a buy and hold type. You may see you stocks go up and then go down. If your prediction for BCE @ $51.00 at the end of the year is right, you will have had to wait 9 months for your profit. Where as I would have taken my 2-5% several times a week on different stocks.

I just want to add that some of the things mentioned hear sound contradictory. "There is nothing for sure on the stock market" and yet the later portions sounds like you're an expert in timing the market. If that's the case, you're a billionaire now right?

 

[rajput]

I just want to add that some of the things mentioned hear sound contradictory. "There is nothing for sure on the stock market" and yet the later portions sounds like you're an expert in timing the market. If that's the case, you're a billionaire now right?

It's funny when people make predictions and are consistently wrong

 

[Carvher]

I wouldn't add to it here. Hold it ok but it might go down more. Nobody wants this dog right now.

 

[Gators]

I wouldn't add to it here. Hold it ok but it might go down more. Nobody wants this dog right now.

Many people said the same when ENB hit 43. Now it is at 48 and still good yield

 

[Ceiling Cat]

I just want to add that some of the things mentioned hear sound contradictory. "There is nothing for sure on the stock market" and yet the later portions sounds like you're an expert in timing the market. If that's the case, you're a billionaire now right?

You have asked a valid question, so I will answer it to the best of my abilities. You have also awakened a sleeping Cackling U-man that rises at 11:09AM and taps out his denouncements over his bowl of breakfast porridge.

To explain my statement that there is nothing sure about the stock market, what I mean is that a stock that has went up will not necessarily keep going up. The market conditions and demand determine the price. On the matter of market timing. it all depends on your definition of market timing. If you have the skills and ability to use the moving average price of a stock you can more accurately predict the price direction. There are other ways to gain insight into market conditions, one of them is to be aware of financial and political events that influence the markets.

Am I a billionaire. I am not. I am merely a person that is able to use tools to gain insight into the financial markets. There is a term that has been used by the financial investment community. That term is " unsophisticated investor " This term refers to investors that have little or no ability or experience to make the best choices. These people usually buy GICs or ETFs, or they will buy a stock blindly not knowing if they are buying in high or low. An example of this is when a unsophisticated investor buys CTC.A ( Canadian Tire ) Using the logic that Cdn. Tire is across the country and sell the goods that people need in every day living. If this is sound logic then CTC.A will make you a profit every day. The successful investor has a strategy and knows how to read the markets. He has to be aware of environmental, political, and economic condition. The big banks and financial institutions buy when they estimate a stock to be below market value and sell when it is over valued. People have speculated that banks and financial institutions make as much as 300 - 500% on the money you deposit with them. Then they pay you a measly 5.5% annually. How else could they afford their big downtown buildings, multiple branches and thousands of employees. It is not enough to predict if a stock is going to rise, you also have to know at what point it will fall n price and take advantage of the high and lows.

It's funny when people make predictions and are consistently wrong

Raj,

While I am right more often then I am wrong, that is all I need to show a profit. You are not the first Cackling U-man to show up to cast aspersions. One cackler that claimed to be the owner of high rise buildings and had a huge portfolio claimed to make 18% in two years, when in fact he lost 18%. Shall I send you to live with him in Cackler Shitty? You have cackled me more than once. Show me you are not simply a sack of fart gas. Let us see if you have the slightest ability or if you are only able to make feeble brapping sounds. Pick five stocks and show me you are not a loud mouth U-man that wakes at 11:09 every morning. Those that can do, those that can't cackle.

 

[Indiana]

I’ll probably buy in next week or month end

 

[rajput]

You have asked a valid question, so I will answer it to the best of my abilities. You have also awakened a sleeping Cackling U-man that rises at 11:09AM and taps out his denouncements over his bowl of breakfast porridge.

To explain my statement that there is nothing sure about the stock market, what I mean is that a stock that has went up will not necessarily keep going up. The market conditions and demand determine the price. On the matter of market timing. it all depends on your definition of market timing. If you have the skills and ability to use the moving average price of a stock you can more accurately predict the price direction. There are other ways to gain insight into market conditions, one of them is to be aware of financial and political events that influence the markets.

Am I a billionaire. I am not. I am merely a person that is able to use tools to gain insight into the financial markets. There is a term that has been used by the financial investment community. That term is " unsophisticated investor " This term refers to investors that have little or no ability or experience to make the best choices. These people usually buy GICs or ETFs, or they will buy a stock blindly not knowing if they are buying in high or low. An example of this is when a unsophisticated investor buys CTC.A ( Canadian Tire ) Using the logic that Cdn. Tire is across the country and sell the goods that people need in every day living. If this is sound logic then CTC.A will make you a profit every day. The successful investor has a strategy and knows how to read the markets. He has to be aware of environmental, political, and economic condition. The big banks and financial institutions buy when they estimate a stock to be below market value and sell when it is over valued. People have speculated that banks and financial institutions make as much as 300 - 500% on the money you deposit with them. Then they pay you a measly 5.5% annually. How else could they afford their big downtown buildings, multiple branches and thousands of employees. It is not enough to predict if a stock is going to rise, you also have to know at what point it will fall n price and take advantage of the high and lows.



Raj,

While I am right more often then I am wrong, that is all I need to show a profit. You are not the first Cackling U-man to show up to cast aspersions. One cackler that claimed to be the owner of high rise buildings and had a huge portfolio claimed to make 18% in two years, when in fact he lost 18%. Shall I send you to live with him in Cackler Shitty? You have cackled me more than once. Show me you are not simply a sack of fart gas. Let us see if you have the slightest ability or if you are only able to make feeble brapping sounds. Pick five stocks and show me you are not a loud mouth U-man that wakes at 11:09 every morning. Those that can do, those that can't cackle.

I'll show you my biggest mistakes: Enbridge, Telus and Bell

 

[Ceiling Cat]

It's funny when people make predictions and are consistently wrong

I'll show you my biggest mistakes: Enbridge, Telus and Bell

ENB 48.47
T 23.35
BCE 46.36

These seem to be all SloMo Joes. safe and sure - No big risk and no big gain stocks.

Cat picks :

ASM .77
ATX 1.42
KTN .95

* All prices are @ close Mar.19 - Verify at Yahoo Finance/Historical data.

 

[sprite09]

I'll show you my biggest mistakes: Enbridge, Telus and Bell

lol these stocks will get you nowhere

but ya I get it if you're retired and just want something steady with dividends but even then it's still suboptimal purely from a financial (not psychological) perspective

 

[Carvher]

Moving the thread back to BCE.
Today is troubling. Big day on markets but Bell is down with average volume.
There is some downside left. I think bottom is around 44.

 

[Ceiling Cat]

Re : Post #122

Raj. picks :

ENB 48.47 Close 48.67 +4.12%
T 23.35 Close 22.50 -3.64%
BCE 46.36 Close 46.35 - .02%
------------
+ .46%

=====================================================

Cat picks :

ASM .77 Close 0.80 +3.89%
ATX 1.42 Close1.47 +3.52%
KTN .95 Close 1.00 +5.26%
- -----------
+12.67%

* Correction - the above total % is not correct. The correct % gain is below next to $ amount gain.

Raj.

If we would have bought $10.000 of each stock in our portfolios at open of market and sold it at close of market you would be up $46. (.15% gain) I would be up $1267. (4.22% gain)

 

[drstrangelove]

My average cost for Telus is $10.74, so I'm up 109%. Mind you I've owned it for a number of years, also collecting the dividends with current rate of 6.73%.

 

[sprite09]

How so for someone retired and needs income? Taxes on Dividends - up to a certain income level - are the most tax efficient. Better than Capital Gains and significantly better than income from RIFs and GICs. How are Dividends 'sub-optimal'? You cannot spend "Total Returns".