RE:BUYING OPPORTUNITYSukhi19 wrote: They have laid off around 6000 employees which should save tons of dough.
In addition, they are selling assets right left and centre.
It is a mtater of time befors the tide turn.
Management has been very aggressive in dealing with the Balance Sheet weakness.
If somebody offered $43.7 to buy a share, 42.9 is not a bad bargain.
Be brave when others are afraid.
Even if they cut the divi by 50% it still leaves a yield of 4.65% which is higher than RCI.B
They are opening new stores in coolaboration with Best Buy.
The whole game plan is changing.
Hold fast.
If they cut the divi by 50% BCE Shares will lose at least 10$ a share instantly.
This is not Rogers. investors don't own BCE for growth.
They own the shares because of the high dividend.
Cut the dividend and BCE shares will most certainly get whacked.