Post by
roadrunners on Jan 06, 2025 12:43am
not short and don't own BCE
Question.
when did it become that it was okay or acceptable that companies borrow money to pay dividends or even buy back shares with borrowed money? if investors want income they can buy the BCE bonds. complaining about dividend cut is nonsense. you can complain that BCE and all telcos in Canada has to spend billions more since they cannot buy 'cheap' telco equipment and no cheap telco sinc the gov't forces Canadian telcos to buy from one company who sells the equipment they need, BCE use to make their own telco equipment. which was nortel. but they left the business. BCE is essentially a service business like airlines. they have no techology but using other companies technology and paying big money for the infrastructure, they spend over 50 billion in capital investments. and gov't forces them to sell cheap access to their network they spent billion in. and same with media business, CRTC makes Canadian broadcasters a competitive disadvantage with Cancon. the business model doesn't work with gov't interfernece and gov't regulation.
Comment by
market2025 on Jan 06, 2025 8:30am
but ur agenda seems very clear. hahaha new id from one of shorters
Comment by
Experienced on Jan 12, 2025 8:58am
roadrunners.....excellent points!!!