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Glentel Inc GLNIF

Communication Services Telecom Services


GREY:GLNIF - Post by User

Glentel Inc > So wheres the bottom
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Comment by Robert40on Sep 11, 2012 10:33am
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Post# 20346894

RE: RE: RE: RE: RE: RE: So wheres the bottom

RE: RE: RE: RE: RE: RE: So wheres the bottom

You are right. Glentel never did any business with TELUS period. This if and but story about retail sector is your negative thinking. Anything can happen anytime in this world. All I can say to you is to think positive. 3rd and 4th quarters are historically very strong. Towers and network was the only money loosing business. It is better to be late than never. Skidmore's got good money for it as they can invest this 12 million in retail division which is making them money. Let us wait and watch what will happen in future. I am inclined to think that with 24 positive bumper quarters,nearly 550 corporate locations, with 60 million cash or cash equivalents, this divident paying company is well positioned as a takeover target for BEL,Roger or even TELUS. If government opens foreign takeover, sky is the limit.

-Rob

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