RE: RE: RE: UpgradedI agree I think our friend Beave did made a mistake in selling this company and all those
who bought at this level and lower and still holding are lucky.
Look at BCE for the last ten years, and what has changed?'
BCE was trading, pre the Teachers fiasco, at about $30.00 average with a deviation of $5.00.
With this flop, this stock overshot to the bottom amd took sixteen months to normalise.
Now what is different with BCE now and why I think their average should be higher.
1) They bought back 160 million shares in the last four years.
2) The deficit in their balance sheet has dwindled down... cleaner Balance Sheet
3) They saved a few Quarters on not paying out dividends during the Teachers' debacle
which were used to strenthen the Balance Sheet
4)Their business has expanded with the likes of partnerships with Telus and able to sell
the Iphones etc
5) Their dividend payouts are way higher than before.
6) Inflation.
Now why should BCE still be at a ten years average ?
Only my opinion.