Post by
DeanEdmonton on Mar 19, 2021 1:20pm
Bought Telus, sold Rogers
Sold the Rogers shares March 16th at $64, missed the very top of $65 and change, but it has dropped back to nearly $60 so timing was pretty good overall. Made some nice capital appreciation holding them, plus the good dividends. May end up regretting selling them but figured locking in the profits and re-deploying the money into Telus for now makes sense. Will keep an eye on Rogers and see what transpires with this potential purchase. I think the premium offered for Shaw is excessive, and I am concerned with the amount of debt/dilution needed to pull off the purchase AND build out 5G. May turn out to be overly cautious or even completely wrong but I don't think I am giving up much upside at this point. Figure Telus is a better bet over the next 24 months.
Comment by
RedDeerPlow on Mar 20, 2021 2:26pm
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Tevorredghost on Mar 25, 2021 3:59pm
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DeerGhosty on Mar 26, 2021 12:24pm
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Comment by
MohamadJ5 on Jun 19, 2021 4:15am
great post, thumbs up Sarge
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Jerichoberry on Jun 29, 2021 3:57pm
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Scarlada1 on Dec 20, 2021 5:56am
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Comment by
Jtpatrol1 on Mar 15, 2022 7:06am
Sarge makes an excellent point