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.
BCE
- Thread starter Carvher
- Start date
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.
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.
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.
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
Let's see if my predictions are better on one of my usual picks. SGML $19.40
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!
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.
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
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.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?
As someone commented in the Globe, looks like the bank oligopoly is stronger than the telco oligopoly.
But the Taco oligopoly is best. Very tasty dividends. Sadly for some people too much and it becomes a... short term holding which is... shitty.
