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BCE Inc T.BCE

Alternate Symbol(s):  T.BCE.PR.J | BCEFF | BCE | T.BCE.PR.K | BCEIF | T.BCE.PR.A | T.BCE.PR.L | BCAEF | T.BCE.PR.B | T.BCE.PR.M | BCEPF | T.BCE.PR.C | T.BCE.PR.N | BCEXF | T.BCE.PR.D | BCPPF | T.BCE.PR.Q | T.BCE.PR.E | T.BCE.PR.R | BECEF | T.BCE.PR.F | T.BCE.PR.S | T.BCE.PR.G | T.BCE.PR.T | T.BCE.PR.H | T.BCE.PR.Y | T.BCE.PR.I | T.BCE.PR.Z

Communication Services Telecom Services
BCE Inc. is a Canada-based communications company. The Company provides wireless and fiber networks. The Company operates through one segment: Bell Communication and Technology Services (Bell CTS). Bell CTS segment provides a range of communication products and services to consumers, businesses and government customers across Canada. Its wireless products and services include mobile data and voice plans and devices and are available nationally. Its wireline products and services comprise data (including Internet access, Internet protocol television (IPTV), cloud-based services and business solutions), voice, and other communication services and products, which are available to its residential, small and medium-sized businesses and large enterprises customers primarily in Ontario, Quebec, the Atlantic provinces and Manitoba. This segment includes its wholesale business, which buys and sells local telephone, long-distance, data, and other services from or to resellers and other carriers.


TSX:BCE - Post by User

BCE Inc > No One Wants To Talk About This Stock
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Comment by Dogsbreakfast4Uon Sep 01, 2023 7:49am
468 Views
Post# 35615451

RE:No One Wants To Talk About This Stock

RE:No One Wants To Talk About This Stock

TD did talk about BCE this morning with a nasty note questioning the sustainability of the dividend and implying that the company has been hiding critical information regarding FCF deep in notes. They apologized for not noticing this important information before, downgrading the stock to hold (even considered reducing) and lowering their target to $58. They added that the stock is going to meaningfully underperform other telcos.

I'm wondering how or if the company is going to react to one of the most critical notes I have read in while. They should reassure markets regarding the dividend as most owners hold this stock because of the juicy div.

I expect a drop in the stock at the opening this morning even if we should see light trading today in the market ahead of the long weekend.

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