Shaw Communications Inc. SJRWF

Communication Services Telecom Services

Shaw Communications is a Canadian cable company that is one of the biggest providers of internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. In fiscal 2021, more than 75% of Shaw's total revenue resulted from this wireline business. Shaw is also now a national wireless service provider after acquiring Wind Mobile in 2016. Shaw has upgraded its wireless network, undertaken an aggressive pricing strategy, and significantly enhanced its spectrum holdings. As a smaller carrier, Shaw has favored bidding status in spectrum auctions, giving it a further boost in enhancing its wireless network. At the 2019 auction, Shaw added significant amounts of 600 MHz spectrum to the 700 MHz spectrum it is currently deploying.

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Shaw Communications Inc. > Offer is for $40+... why is it trading at $34?

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Comment by Saphoon Mar 15, 2021 11:10am

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Post# 32798438

RE:RE:RE:RE:RE:Offer is for $40+... why is it trading at $34?

JohnMayer wrote: Now bouncing in the $31s... from what I'm reading from analysts and bnn, the only risk is regulatory. So one has to ask, is that risk worth $9/share.... this is clearly a market mis match. The shares should be priced no more than at a 10% discount to the offer price. That puts it at $36. In the meantime, you collect an almost 4% dividend to wait. Seems like a great buy imo.

Never expected such a sweet offer. There has been speculation for years regarding Rogers and Shaw. I sold half poisiton. Keeping the other half for $40. Sweet. GLTA

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