BCE Inc T.BCE.PR.D

Paul Harris - BNN comment

[Possibleidiot01]

COMMENT

BCE Inc.(BCE-T)

03/09/2024

 

He owns it to his chagrin. BCE's problem is their cost structure, spending a lot on 5G, and they face competitor pressure, and BCE needs to rationalize some of their media businesses (how will they grow them?). They pay a high dividend, though it's sustainable, but they need to right-size their debt and sell non-core assets.

telephone utilities

 

$47.870

Owned

[flush777]

Yes, Paul owns it much to his chagrin ... but will not sell! WHY, IT, CELL TOWERS, ETC ARE NECESSARY TO HUMANITY, ESPECIALLY IN OUR ELECTRONIC WORLD. It is just that Bell has not reached the hundreds of dollars that US IT stocks have gravitated. OK, a definite stretch but all investors are dreamers!