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Manitoba Telecom Services (MBT.TO)

COMMENT
Basically a low growth, yield stock. Has the old (?) stream telephony side, which is very low margin and fierce competition. Eventually somebody will take it over as it makes no sense to have a provincial telephone company.
DON'T BUY
Likes the telecommunications sector, especially in Canada. There are some attractive opportunities. This one has had a premium multiple because of a high dividend payout ratio. There are risks that they have to spend pretty significant capital to the wireless markets. He would prefer BCE (BCE-T) and Telus (T-T) is also interesting.
SELL
Looking at it. Has come down, like Telco’s. Dividend is attractive. Sell Half until end of year. Hasn’t bought yet. Wants to do more research into stability into dividend.
HOLD
Thinks this one will prove to be relatively defensive in any kind of a setback. Their earnings and dividends are pretty close together and there are concerns dividends may be chopped but he doesn't think so. Terrific balance sheet.
SELL
(Market Call Minute.) Dividend is in jeopardy. Over levered. Enterprise business of long-distance has been hurt by the economy.
BUY
Would buy this one for the dividend. A good yield stock. Growth is lousy and its latest earnings were so-so. All the telcos are out of favour right now.
DON'T BUY
Impressive management but in its current format there is a limited opportunity for growth within the province. Growth has to come from the all stream part of the business across Canada. Prefers Rogers (RCI.B-T) and Shaw (SJR.B-T).
HOLD
(Market Call Minute.) Selling at a very reasonable price. Yield is fairly consistent.
HOLD
A good dividend paying stock and has a monopoly in Manitoba. Good free cash flow and the dividend is safe.
DON'T BUY
Dividend is probably sustainable. His focus is on market leadership. There is some challenge in telecoms. Would avoid the group. Relative strength has been falling through this rally.
DON'T BUY
He worries about some of their initiatives and where their growth is going to come from. Moved into the long-distance market at the wrong time. Growth is limited. Would be more inclined to own Rogers (RCI.B-T), BCE (BCE-T) or even Telus (T-T).
COMMENT
Dividend should be sustainable. The big worry is what are they going to do with mobile phones. Have done a pretty good job on the operating side. 7.6% yield. (See Top Picks.)
HOLD
Offers less downside than more growth oriented telcos. Dividend is safe, but not as much upside appreciation. It’s defensive.
BUY
(Market Call Minute.) Good income producer. Solid business.
DON'T BUY
Would rather go with a leading rather than a lagging stock in this space. Has a high yield of 8% because a lot of people don't think it can continue to pay.
Showing 151 to 165 of 420 entries