BCE

[Ponderling]

I own pieces of different telecoms.

BCE has a fat divvy, and sliding share price.
QBR is a good sized cel market in PQ.
Telus does ok.
Verizon has done well for me.
ATT has done well also.

Most recent upstart holding is TICO, for latin american cell carrier exposure.
Yet to make a profit, but there is a proxy war to take it private so that has goosed the share price since I bought in .

 

[Ceiling Cat]

I predicted that RDDT would go up from $128.66 in post #220, it went up to $135.04 ( +4.95% ) before going back down to $130.25. There may be a double blip this week as I am predicting it will go higher again.

 

[HungSowel]

BCE might be good to pickup before the next election, a new government might be more friendly to telcos WRT forcing them to sell internet bandwidth at fixed prices. With that said, Bell's expansion into the US makes it less attractive for that kind of upside.

 

[Ceiling Cat]

If you are looking for a stock that may benefit from the Trump regime, try TRP. The Trump administration is friendly to the il industry and TRP is in the oil transport business.

 

[Gators]

If you are looking for a stock that may benefit from the Trump regime, try TRP. The Trump administration is friendly to the il industry and TRP is in the oil transport business.

It was screaming buy at 54 and before they split the company but not at 67

 

[Ponderling]

My sleeper winner is Raytheon, RTX.

I started in this position more than 8 years ago as United Technologies.

They spun out Otis elevators, then Carrier air conditioners. I was in for the jet engine business.
Takes an awful lot of money and experience to do a jet engine start up company.
Wide Moat to competition, as Avner Mandleman would say.

Then they merged with another defence contractor.
Then war in Ukraine, recent big order to make more Patriot missiles.

I did not start out this way to be a war profiteer.
It was a way to own the part of airbus and boeing and also the maintenance needs of the airline operators.

 

[Indiana]

Waiting to unload SU at $60 and temporarily move into this one for the dividend

The question is will the price stay above 10% decline
It’s gotta, huh?

 

[Ceiling Cat]

BCE is not a stock I would invest in as it is a snail. I have been wrong on my last two predictions on BCE, but it is showing strong signs again that it will rise ($38.14 )

Let's see if my predictions are better on one of my usual picks. SGML $19.40

 

[Carvher]

It's plumbing around 37 now. Down big on an up day. Not a good sign.

 

[Carvher]

Has to bottom at some point.

 

[speakercontrols]

Has to bottom at some point.

After or before they cut the dividend...

 

[mitchell76]

BCE has hit it's 52 week low!!

TMX Money

 

[speakercontrols]

BCE has hit it's 52 week low!!

 

[JohnnyWishbone]

I've got some of this garbage for income. Held it for years and maybe at a slight loss now considering all the dividends I've received. Fortunately it's a small % of my overall portfolio. May go down to $35 after XD day. I stopped dripping this about 18 months ago when my last Drip purchase was at $64!!! All 3 of my telecom stocks are bad but BCE is the worst!

 

[Carvher]

After or before they cut the dividend...

View attachment 379520

Great question. My guess is it goes down immediately after dividend cut which will be long time holders giving up and buying more Enbridge, RBC, etc.
After that it should go up because of improved cash flow. It may become a value stock worth holding again. Even a 30% cut, it will still be paying over 7%. Crazy.

 

[mitchell76]

Great question. My guess is it goes down immediately after dividend cut which will be long time holders giving up and buying more Enbridge, RBC, etc.
After that it should go up because of improved cash flow. It may become a value stock worth holding again. Even a 30% cut, it will still be paying over 7%. Crazy.

BCE has never cut their dividend before, so should be interesting to see what happens with the BCE dividend, going forward??

BCE's next earning date is Feb 6/2025!!

 

[Ceiling Cat]

BCE is not a stock I would invest in as it is a snail. I have been wrong on my last two predictions on BCE, but it is showing strong signs again that it will rise ($38.14 )

Let's see if my predictions are better on one of my usual picks. SGML $19.40

SGML went from $19.40 to $20.27, a increase of 4.53%

I am forecasting a rise from $19.60 - Friday 22, 12:00 noon

BCE is building up pressure, @ $37.53 - Friday 22, 12:00 noon

 

[Gators]

Time will heal everything. I just keep accumulating.

 

[speakercontrols]

After that it should go up because of improved cash flow. It may become a value stock worth holding again. Even a 30% cut, it will still be paying over 7%. Crazy.

I think management is lying to themselves when they say the dividend is safe. There will be a "oops" or a surprise and guess what....cut.

Ya, my guess is that they'll want to cut to around a reasonable 4% +/-. The stock will be better valued at that point, cash flow will be better so the P/E will be justified. IIRC it's 14-15 right now. You're fucking kidding me right? That's around RY and BCE is NOT a RY.

 

[Carvher]

I think management is lying to themselves when they say the dividend is safe. There will be a "oops" or a surprise and guess what....cut.

Ya, my guess is that they'll want to cut to around a reasonable 4% +/-. The stock will be better valued at that point, cash flow will be better so the P/E will be justified. IIRC it's 14-15 right now. You're fucking kidding me right? That's around RY and BCE is NOT a RY.

True. If I had a dollar for everytime I heard. CEO say the dividend is safe to have it cut soon after.