Manitoba Telecom Services | StockChase
420
Manitoba Telecom Services (MBT-T (Dead))

Last Price Recorded: $39.5300 on 2017-03-20

ON STOCKCHASE SINCE Nov 2000

Acquired by BCE (March 2017)

telephone utilities

Manitoba Telecom Services


Signal Opinion Expert

2017-02-14

COMMENT
Manitoba Telecom Services (MBT-T (Dead))

Being acquired by Bell Canada (BCE-T). Accept the offer or just take the cash? You might as well wait for the tender offer and get the full price. If you already own BCE, you may not want to take shares, but take the cash instead. At current levels with a 5% yield, BCE is decent.

telephone utilities
Ryan Bushell

V. P. & Portfolio Manager, Leon Frazer and Associates

Price: $37.600
Owned: No

2017-01-06

COMMENT
Manitoba Telecom Services (MBT-T (Dead))

Bell (BCE-T) is offering $40, but this is currently trading on the market for about $38. This is a good company at a good price, and he hopes that they hold out to get a little bit higher.

telephone utilities
Matt Kacur

President, FSA Financial Science and Art

Price: $38.240
Owned: Unknown

2016-10-26

HOLD
Manitoba Telecom Services (MBT-T (Dead))

Trading at a bit of discount to what BCE had offered for the company. Expects there will be more and more consolidation in this industry. He doesn’t think there is a lot of risk to the deal not being approved.

telephone utilities
Cole Kachur

Senior Wealth Advisor, ScotiaWealth Management

Price: $37.240
Owned: Unknown

2016-09-15

COMMENT
Manitoba Telecom Services (MBT-T (Dead))

This got bought by Bell Canada (BCE-T), but it wasn’t a great company as they had a lot of issues. If they had stayed on that path, they would have probably had to cut their dividends. Keep the Bell shares, as it is a great company, has a great dividend and continues to perform well.

telephone utilities
Paul Harris, CFA

Portfolio Manager and Partner, Avenue Investment Management

Price: $37.730
Owned: Unknown

2016-06-14

SELL
Manitoba Telecom Services (MBT-T (Dead))

This is being taken out by BCE (BCE-T), and if you own, you might as well sell at this point.

telephone utilities
Christine Poole

CEO & Managing Director, GlobeInvest Capital Management

Price: $37.390
Owned: Unknown

2016-05-04

HOLD
Manitoba Telecom Services (MBT-T (Dead))

The dividend should be paid until the deal closes.  It looks like the deal is accretive to BCE-T.  It has been incredibly well managed. 

telephone utilities
Greg Newman

Director & Portfolio Manager, Scotia Wealth Management

Price: $37.430
Owned: Unknown

2016-05-02

SELL
Manitoba Telecom Services (MBT-T (Dead))

There are three reasons it is trading below the offer price.  You have a time value until it closes; there is the uncertainty of the regulators (3 have to approve this); and it is based on where BCE-T is trading when the deal closes, so you may not get the $40 offer price.  He would sell it and let someone else have the uncertainty.

telephone utilities
Norman Levine

Managing Director, Portfolio Management Corp

Price: $37.850
Owned: Unknown

2016-04-18

COMMENT
Manitoba Telecom Services (MBT-T (Dead))

A really good space to be in. Thinks it has surprised a lot of people. From a technical basis he has a $55 target. Has been pretty volatile as they have worked through some earnings. Ranks really well.

telephone utilities
Hap (Robert) Sneddon FCSI

Chief Portfolio Manager & Founder, Castlemoore Inc.

Price: $32.600
Owned: No

2016-02-25

COMMENT
Manitoba Telecom Services (MBT-T (Dead))

There is thinking that this will eventually get swallowed up by one of the larger telcos. The new management has done a fairly good job of restructuring and cutting costs. While you are waiting for it to be taken over, it has a decent dividend, and she doesn’t see anything negative on the horizon. It should do okay in a volatile market.

telephone utilities
Veronika Hirsch

Chief Investment Officer, Arrow Capital

Price: $33.640
Owned: Unknown

2016-02-12

HOLD
Manitoba Telecom Services (MBT-T (Dead))

Because he considers this to be a utility stock, utility stocks normally do very well in the summertime. Technically it looks very good. Recently broke to a new high. It’s in an upward trend and is outperforming the Canadian market and is above its 20 day moving average. RSIs are positive. A very attractive situation.

telephone utilities
Don Vialoux

Research Analyst, TimingTheMarket.CA & EquityClock.COM

Price: $32.050
Owned: Unknown

2015-11-25

COMMENT
Manitoba Telecom Services (MBT-T (Dead))

Dividend is probably more stable now that they are offloading their Allstream division. One of the problems is that they are keeping a fair amount of the pension liability on their books, even after the sale. Not a bad company, post this divestiture. Good yield which he thinks is safe. A good valuation on EBITDA.

telephone utilities
Jason Mann

CIO & Co-Founder, Edgehill Patners

Price: $30.200
Owned: Yes

2015-11-18

DON'T BUY
Manitoba Telecom Services (MBT-T (Dead))

He would buy one of the other large telcos instead. This one is a very constrained company, and it is very hard to see how it is going to grow. You are going to do better with Bell (BCE-T), Telus (T-T) or Shaw (SJR.B-T).

telephone utilities
David Baskin

President, Baskin Wealth Management

Price: $28.330
Owned: Unknown

2015-10-08

WATCH
Manitoba Telecom Services (MBT-T (Dead))

The dividend is safe because they just cut it.  It is still at a high payout ratio.  Allstream is for sale, but they have to find a buyer.  If they get rid of it, then the remaining company will probably get taken out.

telephone utilities
Douglas Kee

Chief Investment Officer, Leon Frazer & Associates

Price: $29.220
Owned: Unknown

2015-09-22

COMMENT
Manitoba Telecom Services (MBT-T (Dead))

Has cut its dividend about 2 or 3 times since it went public, so it is a company that is not growing. It’s doing its best to maintain its share in Manitoba. A cheap stock, but it wouldn’t fit his metrics for a quality growing dividend.

telephone utilities
Todd Johnson

Portfolio Manager, BCV Asset Management Inc.

Price: $28.700
Owned: No

2015-09-21

COMMENT
Manitoba Telecom Services (MBT-T (Dead))

He is not sure BCE-T would take them over.  He thinks what is happening with Allstream is baked into the price.

telephone utilities
Jeff Young

Co-CEO & CIO, NexGen Financial

Price: $28.830
Owned: Unknown

Showing 1 to 15 of 420 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.