I have to agree with gg-----forward earnings are projected at less than $2.00/share. There is no way they can continue to payout almost $4 in dividends.
Take a look at BCE forward PE 11.85x's
With a forward PE of 48x's this is not a bargain. Historical bad managment. This is not a buy.
Their historical MO is failure to execute projetions--that and rising interest will be big barriiers for stock appreciation
Over 1000 new nuclear plants planned world wide
Sentiment: Strong Buy
No worries on todays action. Am holding for a nice double and a half by FYE.
Excluding nonrecurring capital gains it made $2.79/share; which translates into $11+ annualized profits. At 10x's earnings this should be trading at $110 PPS