TSE:SJR.B

Shaw Communication (B) (SJR.B.TO)

40.48
+0.01 (0.02%)
as of Apr 4, 2023, 8:00:00 pm Market Open.
291 watching
0
PAST TOP PICK
(Top Pick May 27/09, Up 24.10%)
PAST TOP PICK
(Top Pick Oct 1/09, Up 4%) Don’t sell it but he is not aggressively buying it. But it is a core holding of his. Until 3 years ago they were building their systems. Assets throw off good cash flow. Owns Rogers and BCE as well.
COMMENT
Spending a lot of money acquiring CanWest broadcasting specialty channel. They are in a bit of a converging strategy so it is difficult to say how aggressive they can go at it. As the Shaw family owns a big chunk of the company, dividend is probably safe but growth might slow down.
PAST TOP PICK
(A Top Pick May 4/09. No change.) Sold his holdings to see how the acquisition of CanWest Global TV assets plays out.
PAST TOP PICK
(Top Pick Oct 1/09, Up 3.7%) Are going to do a wireless rollout in BC and AB. They have the cash to do this. There is still a potential for them to increase dividends over the next couple of years.
PAST TOP PICK
(A Top Pick May 4/09. Up 1.7%.) Has been a bit of a disappointment. Still a Hold. Expect they will eventually come out very well.
WAIT
Reporting tomorrow and his rule is to never Buy before earnings are announced. New entrants in the wireless field have not had much traction, which bodes well for this company. (See Top Picks.)
BUY
Western cable operator. Stock has lagged overall market. Very well run and has the highest margins. Have decided to focus on their digital cable penetration and doing a good job. Increased their dividend in January by 5%. Haven't announced their wireless strategy yet and this may be an overhang on the stock.
BUY
Prefers Rogers (RCI.B-T) because of the better cash flow from their cellular side. Doesn't own the stocks but does own their bonds. Good cash flow generator.
PAST TOP PICK
(A Top Pick March 31/09. Up 7.3%.) Innovative company with hands-on management.
BUY
Recently increased dividend. Low risk business assets. In process of purchasing some can west assets and it may be good for them. Allows for growth and increase in dividend.
DON'T BUY
(Market Call Minute) Prefers Rogers.
BUY
(Market Call Minute) Would buy it here.
BUY
It’s a dividend payer. For years it was a consumer of capital but they have paid it back over the last few years. Companies that pay dividends are rewarded well. He owns Rogers as well.
WATCH
Has confused the analysts’ community. Very good company with a stable base in Alberta, whose economy has been doing incredibly well. Traditionally bumped its dividends and returned free cash flow it generated. This made it trade at a higher multiple than some of its peers in the cable space. Concerns if they can keep doing this. Also concerns on costs if they get into the mobile phone market and if the Alberta economy can continue being strong.
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