BCE Inc T.BCE.PR.F

Richard Fogler - BNN - DON"T BUY

[Possibleidiot01]

DON'T BUY

BCE Inc.(BCE-T)

11/09/2024

 

Dividend safe?

Dividend's OK, and lower interest rates should give the stock a big bounce. Problem is that everyone who wants a cellphone already has one. No market growth. How can they improve their business? Pricing is high, government pressure to bring it down. Have to keep reinvesting capital to keep up with competitors, who all have the same problem. Yield is 8.5%.

The only interesting play in the space is QBR.B.

telephone utilities

 

$47.660

Unknown

[KillaDip]

"Problem is that everyone who wants a cellphone already has one. No market growth." Pretty sure everyone already has electricity or energy so does that mean power distributors have no growth? This is a pretty weak argument against a necessary utility. 

[ckwong]

Well said KillaDip. This Richard Fogler entertainyst saying there is no market growth just like saying auto industry is maxed out. In the space of cellphone, new subscriber is not the only way to grow revenue. Existing subscriber can contribute more by adding various services/plans. Other than consumer market, there is also a business market. Talking about utility, Enbridge has its up and down

[flush777]

Just check the link below and Fogler has a bias for Freedom Mobile and Quebec. Here is a link to the website which keeps track of Foglers recommendations. SEE FOR YOURSELF. https://stockchase.com/company/view/1006/QBRB-T FOLGERS RECOMMENDATION ON THIS BOARD WAS DATED SEPT 11, 2024. NOW LOOKS LOOK AT QBR.B RECOMMENDATION PRIOR TO SEPT 11 BY GREG NEWMAN (ON AUG 1, 2024) AND QBR.B FAILS ...