RE:If accurate could bode well for BCE issues Sorry, I am unconvinced at this point of time ... Rogers is selling off its crown jewels and if BCE was to do the same, then we would be selling off both our crown jewels, our infrastructure AND our sports holdings. I am uncertain as to how the market would feel.
Rogers is apparently selling off one set of crown jewels, infrastructure, and purchasing our crown jewel, sports holdings. So maybe one set offsets the other ...
In the case of BCE, we would be selling both our crown jewels and not replacing with the equivalent?? BOTH ROGERS AND BCE ARE USING THE FUNDS TO REPLACE DEBT, EXCEPT IN ROGERS CASE, TOO INCUR ADDITIONAL DEBT AS WELL?
I would have to get the consultants in to give an opinion for BCE, if we were to consider.
I think that BCE made the correct decision to sell the sports holdings in our financial position BUT TO ALSO SELL OUR INFRASTRUCTURE, I AM UNCERTAIN. I would rather take a 2% haircut in the dividend from 9% to 7% in the alternative.