BCE Inc T.BCE

May exit.

[SadieLadyCO]

Hate to say it but, BCE may head to $44.00. The DIVY is not worth losing the Capital. Once again Markets up BCE heading south

[hawk35]

Hi SadieLadyCO.  Exiting might be a wise choice.  I was diversifying some of my holdings since I'm too heavy in oil and gas and was considering BCE.  I've decided not to buy here.  Below are my reasons. Looking at the 1 year chart, it is clear the trend is not our friend.  I don't believe a 7.8% yield will support the SP and change this downward trend because

[Eastbank]

It's actually an 8.7% dividend Hawk35...just to clarify!

[hawk35]

Sorry I transposed the numbers when I was typing.  The point is still valid.   I'm not saying I have all the answers.  Many times stocks can run up.  But the headwinds are there and management seems to be in denial hoping for the good old days.

[joebravo]

So you're saying the poor young generation are relying on streaming, cutting the cord and less on Fiber/cable.  In that case who is their Service Provider?

[hawk35]

Hey Joe.  Your missing the point.  BCE can't survive on only internet services.  They need TV and specialty channels on their cable offering and they need TV and radio stations to make money.    The new generation mainly wants internet and they stream the rest based on their preferences.  This trend is picking up speed in the US, and Canada usually follows the US

[JoeBravo1]

Maybe I am missing the point hawk35. But, if you're saying the yougsters rely on streaming, let us know what your definition of streaming is. How does streaming actually work where your come from?  Does it magically appear, or is it contrived though an Act of God? I would really like to know how these poor youth, are able to stream unless someone provides them with this service........

[hawk35]

The new generation is only buying internet and not TV cable or specialty channels.  They don't watch CTV or listen to any of their radio stations.  Let me use myself as an example.   My monthly cable bill is $171.00.  $80 is internet and the rest is TV.  My cell plan is billed separately.  The new generation is only signing up for cable or in my example $80

[JoeBravo1]

Here's some leisure reading for you hawk35 and after you read it, tell me if you still feel the same about BCE losing out on market share to those smaller competitors. Not sure why you feel the youth are all streaming from Freedom and other small outfits, but they're not. Canada Telecom Market Share..Base Year 2023

[hawk35]

Hey joe.  I just used Freedom as an example.  The trend for cable TV, specialty channels and live TV and radio is down.  This is the whole point.  BCE cannot afford any weakness in ANY of these areas.  And if your the last one coming to the party, you may not be too happy.

[joebravo]

Besides BCE selling non-core assets like radio stations, what is Crave TV? Hawk your point is taken, but it's quite moot. Bell and Rodgers as well as Telus will command and lead the Canadian Telcos for decades. BCE is transforming into a Tech Comp.  Read the latest Management Information Circular pages 44 and 45 and see what future plans they have.

[HoneyBadger77]

Well hawk35, you are correct that some of the new generation is only buying internet and specialty channels but I don't believe that trend is quite as prevalent as you would have us believe.  I have many nieces and nephews and only one of them has mentioned cancelling their TV and gone to internet and streaming services only and that's only because they say they never watch much TV

[hawk35]

Hey Honey.  One thing i didn't disclose is that I have worked in the telecom industry in the past.  It was for Rogers.  No one thought Rogers Video would fail but now we all know what happened.  Now all telecoms are facing headwinds.  This trend is getting worse.  A change of government won't help since they would likely restrict newcomers even more, thus

[joebravo]

So why post here, if you don't invest in telcos hawk? What exactly is your agenda?

[hawk35]

Well joe you never say never.  However your my way or the hiway approach seems to suggest I might be correct.

[KillaDip]

Yes, TV is on the decline and streaming is on the incline but broadband is directly correlated with streaming. You need more broadband with every uptick in streaming. Broadband is a a far more rigid supplied commodity than streaming is. As demeand increases for streamed products the price of broadband will increase. So it's pretty much a wash if not a net benefit to BCE over time. Also, BCE

[moneyguy87]

I think your immigration numbers are off.   We were running in the 300,000 per year range - bumped up to 400,000 - and at one point a goal of 500,000. But - I agree - recently they announced a reduction of that as the people are getting ahead of the infrastructure. BUT - if it's a 20% cut - that could be 100,000 less coming in per year NOT 700,000 Did I misunderstand you

[ol_griz]

I'm sounding like a Globe and Mail salesman but Tony Keller's article from Tuesday casts shade on the whole notion of the revised policy accomplishing much of anything.  Extremely hesitant, downright slow in implementation and doubtful of being fully implemented at that. Gov't  just not getting it or afraid of both logistical and political ramifications.

[hawk35]

Hi moneyguy87.  You are only looking at one federal program.  That is the Temporary Residents program and the numbers you quote are correct.  In addition to this program, you have the temporary students program (that is way out of control) plus at least three others.  And yes the population increase is about 1.1 million in12 months but these people already have cell phones etc