BCE Inc T.BCE.PR.D

So much bull

[BlueDawn]

So much noise going on in the space.

Debt to pay dividends?  No debt pays for asset acquisition through capex spend...

dividends not covered by eps?  EPS includes depreciation of assets but doesn't include appreciation so it's skewed...

dividends not covered by free cash flow?  Because capex is elevated as part of generational shift.

if you look at the debt increase vs asset increase 
 

2019 debt: 28,153. vs now 38.5. = 10.5B. More debt

2019 assets: 60.1 vs now 74.2 = 14.1B more assets

the narrative dividends pay dividend is false as asset acquisitions offset the debt by 140%....

if debt paid dividends that would be less than 100%.   

So that all said the generational capex spend is drawing down, non core assets are being converted to cash (5.7 B worth of cash for less than 2B worth of booked assets).

opex is being trimmed (layoffs to lean up the corporate payroll and dropping under performing source retail and media assets)

What gets me is this all in print on the annuals and in great detail but is not double clicked on by the analysts...

[CHECKMATE77]

So, buy something else, no one is forcing you to hold or buy bce.

[BlueDawn]

I think you misread the intent I am a BCE bull pushing back against the BS narratives spread by BcE bears.

[maplak]

Keep talking and pushing against BCE debt and on your spare time you can push against or lower Trudeau's debt as well. Not much difference between those two. lol  BCE Inc BCEFF Primary Symbol: T.BCE Alternate Symbol(s):  BCE |T.BCE.PR.A | BCPPF | T.BCE.PR.B | T.BCE.PR.C| BCEPF | T.BCE.PR.D | T.BCE

[DeanEdmonton]

Blue - have no issues with people that are pro-BCE, I still hold a fair chuink of it that I bought at lower prices. Sold half at $48 but and still hoping for more upside with the other half. That said, your analysis is greatly flawed. Just one example, asset values can go up becasue you bought more assets, or by simply re-valuing them to a higher value claiming an increase in their current market

[BlueDawn]

I think that's the bigger problem the ratio of debt increase to rev increase. As this speaks to the ratio of EV to revenue Since debt went up market cap needs to offset it for the ratio to balance. once that debt is cleared from the books the spring back should occur. as for spending more than they make the reduction in capex and opex will help significantly with this, it's a nice

[Ocalaman]

BCE borrowed tons of money and boosted divdends ASSUMING revenue would grow and thier dominent position in the market would remain BUT the federal government put a big hole in that plan by forcing them to share thier network with smaller regional players. Quite simply they have less market share to dominate thanks to legislation and facing up to thier reality has proven difficult to do as we have

[BlueDawn]

Yes the reduction in the rating was justified and occurred before the conversion of 6b of assets to cash...  they need more deleveraging and have all kinds of assets to part with, if they continue to shrink debt by realzing non core assets to cash and using cash to pay debt then the ratio shifts considerably... here is another view point on true asset value.. Shaw a significant player in

[Quintessential1]

Normaly I view bears as useless bottom dwelling trolls that have that have no lives, purpose or other places to waste their time than to bash stocks they don't own or hold positions against.  Yet, if they have incentivized an obviously well informed and articulate poster such as yourself to come to its defense then I would say they are actually aiding in the BCE cause as you easily

[Ocalaman]

Quint,the truth is always difficult to hear, participularliy if your position is melting away and your facing deeper cuts down the road. Embrace the truth and acknowledge that bce is the WORST PERFORMING  telecom on the index and has been for a year. Instead of flailing around lashing out do something like trying to understand why your position is melting down and direct your frustration at

[Quintessential1]

No frustration here.  The funny thing with you bashers is you assume everyone is underwater. Why do  you losers keep feeling the need to try to save those on the BCE or any other board? Just trying to look out for the poor down trodden investor?  LOL Not likely.  Why not have the guts to reveal your real positions and true intentions instead of hiding behind fake altruistic

[Ocalaman]

Quint, that post sounded like the ramblings of a pretty frustrated guy. You do have to remember this message board is for opinions to be expressed , they may not agree with yours but thats called discussion and if your only retort is to lauch a ridculous diatribe laced with silly comments and paranoia  than you do not have the tools to have that discussion and counter discussion so it really

[Quintessential1]

Yeah I saw your posted position.  Not invested and hoping to get in lower.   How about never was and missed the boat?   How about just shows up to bash stocks for .....? When evaluating discussions and opinions it might also be good to discern motives and credibility. When were you invested?  When did you sell?  Did you post about it then?  Did

[BlueDawn]

Very kind of you <3