Post by
robertbig on Feb 09, 2024 5:35pm
what are the long term bull arguments?
bought some in the $51 range
if it stays here and pays out the dividend i'm happy
if it floats above $56, i'm happy to sell
seems like a business in slow decline, or stagnation, but curious if anywhere here has a long term bull take where the stock price actually climbs and returns are driven by stock price appercation and not just the dividend
thanks
Comment by
JayBanks on Feb 09, 2024 8:42pm
Just a minor addition to this excellent post... They make mention in this Quarterly of attempting to "transform from a Telco to a Techco"... So hopefully we see more movements towards that going forward. Not only building/developing the network of assets but as you mentioned finding better useages for them.