Bell Aliant (BA.TO)
Financials 
Technical Analysis 0
HOLD
You won't get rich with this one. An old wire line company that is having steady erosion but has been cutting costs faster than it is losing its wire line. Has also been increasing penetration in TV in the Maritimes. Once converted to a corp, yield will probably be within 15%-20% of where it is now.
Norman LevineOwned
Utilities
BUY
Eastern landlines. Conservative balance sheet. Not a huge growth profile. Bell (BCE-T) is a majority shareholder and there is always talk of a takeover. Owns the debt but not the trust. Yield is compelling so wouldn't be surprised to see upper pressure on price.
Paul Gardner, CFAOwned
Utilities
DON'T BUY
Yields 10.3%. Wire line in a slow growth economy and are losing market share to wireless. We'll have about two years of tax losses when they convert to a corp. Pays out more than the cash flow but are trying to cut costs in order to maintain the payout. Not sure they can do that.
Douglas KeeOwned
Utilities
BUY
At the end of 2010 it will have to convert to corporation distribution will likely be cut to 80%. Not a growth story. Manages its costs very well so will be able to pay a dividend for quite some time.
Norman LevineOwned
Utilities
BUY
Well managed and distribution is reasonably safe. Wire line, which over time will decline. For now it's not a bad place to be.
Douglas KeeOwned
Utilities
PAST TOP PICK
(Top Pick Oct 14/08, Up 28.9%) Would look for loss of revenue from wire line accelerating faster than people expect to sell it.
Norman LevineOwned
Utilities
HOLD
The wire line business of Bell (BCE-T). One of the better trusts to hold going into the 2011 period where trusts will have to convert. Excellent yield.
David CockfieldOwned
Utilities
HOLD
Wire line company for the Bell system in eastern Canada plus some rural Ontario and Quebec. Losing customers on a steady basis to wireless but that is built into the price. Announced they will be putting a lot of money into fibre into the homes. Expensive, but helps to protect the customer with more bandwidth. 10.5% yield. We'll still be a high dividend payer after they incorporate.
Norman LevineOwned
Utilities
PAST TOP PICK
(A Top Pick Aug 29/08. Up 7.27%.) Good company and relatively cheap. Still a Buy.
Ross HealyOwned
Utilities
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