BCE, Inc. Message Board
-
Knowing the Business
Being a retired SWB Telephone Engineering Manager I can tell you that BCE is a heck of a buy at these prices, and todays world.
A couple of things that most people don't hear from the TV mouth pieces is the word "Dividend", and the fact that the last thing someone will get rid of in bad times is their telephone.
If you are out of work you need your phone to get another job. This is a historical fact from the great depression, and is still true today. A P/E of less than 5, a dividend of over $1.40 a year that should be reinstated is a great reason to buy. The only reason the dividend was stopped was the pending sale I am buying more at these prices.-
The regular dividend will be reinstated and increased.
-
Phantom divvy? You are spewing complete nonsense to suggest that BCE won't re-instate the dividend if the buyout does not proceed.
http://www.bce.ca/en/investors/dividendinfo/dividendhistory/ -
During the past week on both TSE/NYSE there are only 100 MLN shares changed hand which 13% of the float.
The rest 87% thinks the Deal is still not over.
It might be only margin selling, I had a chance to buy under $20 few days back.
BCE is not a shell company, they have lots of assets, Wireless alone is worth a lot!!
Anything under $25 US this is a great buy!!!
Still the negotiation is on, I suspect the news rumors are surely a conspiracy to rip the small investor as usual!!! -
The KPMG opinion was as to the solvency after loading the company up with debt to fund the buy out, not as to the company as ot stands. When the deal oficially fails to close (note I said "when" not "if" it will reinstae the dividend. INMHO it is clearly worth more than it is now trading for.
-
It doesn't pay a dividend.
People don't need BCE to have a phone anymore either. They can get it from the Cable Company for less in most cases.
BCE is not the place to be.
It can not pass for solvency.
Word.- 3 Replies to elvispoc3
-
I can see you are a rocket scientist, but the reason they stopped the 36 cent qtr dividend was tbecause of the pending sale. There should be no reason the board should not reinstate the dividend, plus a possible one time increase. If you look at their financial report you will see over a 2 billion dollar cash position in 2008 vs. less than 500 million the same time 2007. With about 800 million shares the Company is in a great position to do a buy back of stock, or a one time bonus dividend.
-