Post by
Wellnowexpert on Jan 20, 2025 12:53pm
The Big 3 telcos
T =1,5B shares out and TELUS (TU) Debt-to-Equity : 1.83 (As of Sep. 2024)
RCI.B =424,949.191 shares out and Debt-to-Equity : 4.08 (As of Sep. 2024)
BCE=912,283,103 shares out and Debt-to-Equity : 2.27 (As of Sep. 2024)
These big companies are the BIG 3 as comparative to other BIG 3 (lets say Banks).
These Telco’s will continue to be and always will be the biggest players in Canada with 1 (BCE) now expanding into the USA.
These big ships will ebb and flow (rise and fall) in the same waters and always will be. You can all debate on what the 1 minute, 2 minute, 5 minute, hourly move, daily move, weekly move, monthly move, yearly move on each telco or other stocks. So what ever you do either minute trader, etc, day trader or stay and hold: being a palm reader, fortune teller and pending what you do is your choice. Market makers will always control the stock price and based on a narrative their fits their profit goals.
YES, some companies have a bit of work to do to achieve the financial goals and responsibilities and they will do what it takes.
BCE will make money and will always be making money and pay its bills. Personality I am not worried, I do see how others are. Yes if I bought at 70.00 I’d be upset. However, it was the Market makers who pushed this to these hights and it was these Market Makers who pushed it back down. Now big shorters may/hold their short buys, knowing they control the bottom price (making their argument) and tides rise until the pull the plug and this never changes.
****Google Cramer on How Hedge Funds are Scamming the Market: You Tube cats meow trading April 5, 2020****** I’ve noted in other posts how the Banks Trading desks do this also.
Again, I feel Mirko has the Coconuts to make good choices for all stakeholders. Myself, I haven’t sold any of my shares and will collect the divvy and be content and not caught up in the daily price movements as knowing over time they will do well. BCE has caught the attention of some analyst that BCE is over sold, well you can say that again. Again, Mirko deserves a medal. Looking forward for the Next Town Hall meeting -Davesnot there if you find out when the next one is -please advise.
Comment by
Davesnothere on Jan 20, 2025 2:50pm
Will do Wellnowexpert! Meanwhile, looking forward to Feb 6 when I hope some analyst will elicit a clear statement from Mirko regarding future plans for the dividend. Cheers
Comment by
rixpix on Jan 20, 2025 3:41pm
FWIW, i believe BCE shares will jump after earnings report comes out and they don't touch the dividend for this year.