Stock price when the opinion was issued
Not sure where the bottom for this stock is. Weakness in share price could present buying opportunity - but not buying at this time. Concern there could be a dividend cut in the next 2 years. Company not able compound cash flow in a meaningful way. Capital appreciation not very strong. Would recommend investors look at other opportunities. Only catalyst for growth is an interest rate cut. Would recommend investors pick Rogers instead.
Good defensive name.
Very strong dividend that is safe.
Not a cheap valuation.
Leading market share in fibre build out.
Good long term investment.