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Rogers Communications Ord Shs Class A T.RCI.A

Alternate Symbol(s):  T.RCI.B | RCI | RCIAF

Rogers Communications Inc. is a wireless, cable, and media company. The Company provides connectivity and entertainment to Canadian consumers and businesses across the country. The Company also has a portfolio of media properties, which includes sports media and entertainment, television and radio broadcasting properties, multi-platform televised and online shopping and digital media. Its wireless segment provides wireless telecommunications operations for Canadian consumers and businesses. Its cable segment is engaged in cable telecommunications operations, including Internet, television, and other video, satellite, telephony, and smart home monitoring services for Canadian consumers and businesses, and network connectivity through its fiber network and data center assets to support a range of voice, data, networking, hosting, and cloud-based services. Its media segment offers a diversified portfolio of media properties, including specialty channels, digital media, and others.


TSX:RCI.A - Post by User

Post by DeanEdmontonon Mar 17, 2021 3:48pm
411 Views
Post# 32818693

Sold Rogers at $64

Sold Rogers at $64Sold the shares yesterday, missed the very top of $65 and change, but it has dropped back to nearly $62 so timing was pretty good overall. Made some nice capital appreciation holding them, plus the good dividends. May end up regretting selling them but figured locking in the profits and re-deploying the money elsewhere for now makes sense. Will keep an eye on Rogers and see what transpires with this potential purchase. I think the premium offered is excessive, and I am concerned with the amount of debt/dilution needed to pull off the purchase AND build out 5G. May turn out to be overly cautious or even completely wrong but I don't think I am giving up much upside at this point.
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