Post by
rixpix on Jun 27, 2024 8:26pm
BCE shares trading at 10 year lows.
High possibility that whoever's bought BCE shares in the last 10 years is losing money today.
I've never owned it but intend to take a position in July.
We'll see how that goes.
GLTA
Comment by
rixpix on Jul 02, 2024 10:10am
BCE continues to slide, just as I anticipated. Almost at my buy price of $42.42. It might even go below that as Aug 1st approaches.
Comment by
corvette67 on Jul 02, 2024 10:40am
With a dividend over%9 and a billion less in capital spending, they are certainly in a position to buy back a ton of shares.I don't believe management is stupid so we shall see. I'm buying at this level. GLTA
Comment by
jx7000 on Jul 02, 2024 3:24pm
Even Rogers B shares have sunk to a new 9-year low today from what I can see on my charts. And their div is uner 4% so the telcos seem to have fallen out of favour.
Comment by
rixpix on Jul 02, 2024 7:13pm
You're wrong, JX. Rogers is trading near their 4 year low of $46.81.
Comment by
Nakate on Jul 02, 2024 7:25pm
Inflation has run rampant for a few years now, and this is not being price in, except maybe by the divi
Comment by
jx7000 on Jul 02, 2024 7:55pm
Not sure where you're getting your numbers from but RCI.b closed today at C$49.49, low of the day was C$48.67 (when I posted my comment). That's about an 8-year low (so I lied a little bit when I said "9 years" earlier--it's hard to tell exactly from my Questrade chart).
Comment by
rixpix on Jul 02, 2024 8:43pm
I should have phrased it better. Rogers is not trading at an 8 or 9 year low right now. 4 years ago their low was $46.81, and that's why I said they're trading near their FOUR year low.