BCE Inc T.BCE.PR.M

BUYING OPPORTUNITY

[Sukhi19]

They have laid off around 6000 employees which  should save tons of dough.
In addition, they are selling assets right left and centre.
It is a mtater of time befors the tide turn.
Management has been very aggressive in dealing with the Balance Sheet weakness.
If somebody offered $43.7 to buy a share, 42.9 is not a bad bargain.
Be brave when others are afraid.
Even if they cut the divi by 50% it still leaves a yield of  4.65% which is higher than RCI.B

They are opening new stores in coolaboration with Best Buy.

The whole game plan is changing.
 Hold fast.

[rixpix]

If they cut the divi by 50% BCE Shares will lose at least 10$ a share instantly.  This is not Rogers. investors don't own BCE for growth. They own the shares because of the high dividend. Cut the dividend and BCE shares will most certainly get whacked.  

[Nakate]

no divi cuts but no raises for awhile would be more likely. So whats a 9 percent coupon worth these days

[jx7000]

I don't know who owns BCE shares but about three years ago, Suncor shares and its operations were not doing too well.  That brought on an activist investor (Elliot Mgmt.), a new CEO and four seats on the BoD eventually. I made out okay because I had some Call options and was nimble enough to sell at a good price just over two-years ago during the initial runup.  That was at a time

[Puma1back]

I also think that is the most likely outcome - the sector has been clobbered- lower rates will catalyst interest in them again   

[Davesnothere]

Very much not betting on meaningful rate cuts in relation to my holdings of BCE . I bought them for the dividend. Paid 2 dollars too much, so far. Plan to average down if it tanks. *** That *** would be a real buying opportunity and a catalyst on its own !!!!