This looks a lot like at&t buying direct tv, and loosing billions on a dying cable business. I own Rogers but this doesn’t seem like a smart move unless they plan to overhaul freedoms mobile.
C
I hear Rogers will buy Shawn? Should i buy Shawn Stock rigth now?
C
Rogers will negotiate and create agreements to get this approved. It'll get approved and stock price will rise. I almost sold mine before the news came out but holding it for years now. There is more to this company than wireless telecom.
S
Who has shares with Shaw will enjoy this Monday.
L
Why is this up. The debt they will be taking on looks scary and will be a drag on this stock for many years.
H
Waiting for the next dip
Bullish
L
Roger Communications. Consumer staples makes sense
S
Good news Rogers bought out shaw
d
well looks like it's doing better after-hours.
B
I came from the telecom industry. Left it in 2014 so I don't have any interest in defending it. But people bemoaning about prices and lack of competition due to this proposed Rogers/Shaw merger. Have you actually looked at the income statements? They kind of suck. This is something I've been arguing for years. Canadians really aren't getting ripped off. Rogers $1.6 billion net income on $14 billion revenue last year. Shaw $688 million on $5.4 billion on their last annual report. These aren't great margins so I don't know what the use is of complaining about rising prices. Do you expect these companies to lose money providing you essential services? I know the FFO is better due to the heavy amortization but these companies are forever going to be spending heavily on capex and therefore amortization will always be high.
Bullish
M
I’ve owned RCI-B for nearly 15 years and it’s basically under performed . I’m not big on this proposed take over of Shaw and will probably get out if reaches my target.
Y
RCI-A.TO is up 5.15% to 64.50
B
69% premium $$$
B
Buy Low. Patience.
Bullish
S
Sold my shares, done with Rogers for a bit.
Neutral
h
With a 1-yr Target of 67 and the dividend this has the potential for a lot of growth next year! Buy the dips before this shoots up
Y
Rogers is up 5.24% to 50.23
s
Rogers will eventually jump into the Sports Betting! That will open a new income stream.
Rogers $1.6 billion net income on $14 billion revenue last year. Shaw $688 million on $5.4 billion on their last annual report. These aren't great margins so I don't know what the use is of complaining about rising prices. Do you expect these companies to lose money providing you essential services? I know the FFO is better due to the heavy amortization but these companies are forever going to be spending heavily on capex and therefore amortization will always be high.