TSE:BCE

BCE Inc. (BCE.TO)

29.10
+1.02 (3.63%)
as of Oct 22, 2026, 8:00:00 pm Market Closed.
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BUY
If deal is not done it will re-instate dividend right away. Very little downside. 60% change of deal going through.
DON'T BUY
Never thought the deal would go through – didn’t think the deal was financable. Still doesn’t think that city-group, the lead financier, can go through with the deal with something on the other side. Wife is a teacher and things teacher is paying way too much.
HOLD
Thinks deal will close but may be delayed. Impressed with managers. Bullish on this stock. After stabilizing the asset, they may have to build out to convert to GSM.
PAST TOP PICK
(A Top Pick Sept 12/07. Flat) Believes deal will still get done. The banks can still come up with the capital.
N/A
Funding coming from different banks and some may re-assess their position or pricing. Deal will probably go through, based on information give to us.
HOLD
Believe both parties want to do the deal but there are a lot of changes going on. Not a total certainty, which is why it is trading where it is. Would hesitate about buying this.
TOP PICK
Will close at $42.75 in December. Traditional players are out of the market. Arbitrage players had to sell holdings to cover Shorts so this was a good one because of liquidity. Deal spread has now gone to 24%-25%. If the deal does not go through, the stock is worth $30. 10% to 20% of losing, but an 80% chance of making it.
BUY
Deal will close on December 11 at $42.75. Prices come off the stock because of leveraged people having to raise cash. CitiGroup (C-N) will be able to come up with its share of the financing. You will make a 20% return in 3 months.
DON'T BUY
Pressure is certainly on the Teachers Federation if they want to go through with the deal. If they're going to get funding, at what cost and at what price. This is why the stock has been dropping.
HOLD
95% certain that the deal will still go through. He wouldn't Buy at the current price.
COMMENT
Discounted because of concerns of Merrill Lynch (MER-N) being taken out. There is always a risk until the deal is done. Even if it doesn't go through, he is holding his stock because there will be more to come.
COMMENT
Certainly the numbers make sense that theoretically you should be able to Buy this before the deal closes giving an annual 20% yield. He wouldn't do it.
DON'T BUY
(Market Call Minute.) This will get taken over at $42.75. An arbitrage play.
HOLD
You could look on this as almost a cash investment. Very high likelihood the deal will get closed.
COMMENT
He has recently been buying preferreds. He has been paying about $24.60 + and they get redeemed at $25.50 in December. This gives you 2 or 3 dividends between now and December. The annualized return is 16% plus.
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