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.

OTCPK:SJRWF - Post by User

Shaw Communications Inc. > Do I continue to Accumulate or stand Pat?

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Post by RagingBull3on Mar 17, 2021 9:27am

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Post# 32815202

Do I continue to Accumulate or stand Pat?

Pros:
Dividend Yield is about 3.4%, and upside on share price only ~16% now to $40.50. I guess you can classifiy this stock as a "utility" as such on of the "safer" place to be.

Cons:
If merger not approve, unknown how much a pull back, if any, will occur. Past year it traded around $22 to $25. Prior to Pandemic around $26-30.
Market Crash could be around the corner.... but everyone been saying this for years.

Congrats to all those sitting on huge gains. Nothing wrong with selling and locking them in.

All just my opinion/view/thinking.

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Two micro-cap stocks with strong fundamentals