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. > Actually it's only about 17% upside to $40.50 and given

<< Previous

Bullboard Posts

Next >>

Comment by Lampreyon Mar 18, 2021 5:33pm

234 Views

Post# 32829477

RE:Actually it's only about 17% upside to $40.50 and given

You just have the weight the risk and reward. Today another red day on the market. Given the volatility in the market, a boring stock like SJR is not a bad thing at the moment. The likelihood of droping 20% with SJR down to $28 is much smaller than say ARKK or Nasdaq.

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages