TSE:BCE

BCE Inc. (BCE.TO)

32.11
-0.62 (1.89%)
as of Jun 22, 2026, 8:00:00 pm Market Open.
1324 watching
0
COMMENT
The longer this situation goes on; the more it becomes a speculation. As time goes on, it is less and less likely to deal will go through.
HOLD
Thinks the most likely thing that happens is that they win the appeal but it will take a while. With the delay you may end up with $38/$39 and some dividends.
COMMENT
Currently trading at fundamental value. At this point, the deal is a coin toss. Can't see a ton of downside. Wire line phone companies in general are not performing very well. There are a bunch of things that could end up making this deal happen but it is under a time gun as banks are committed to November. A lot of stock in the hands of arbitrageurs that are looking for the deal and will not sell their stocks gently.
BUY ON WEAKNESS
He is a bondholder. Teachers pension will have to deal with bondholders. Could mean cutting the price of the shares from $42.75 to $35-$38 level to meet the requirements of paying off the bondholders. Long route would be to go to the Supreme Court of Canada. Fairly priced at $30-$32.
BUY
He assumes that the deal has a probability of success greater than 50% at $42.75. There could be glitches such as postponements, re-pricing or cancellation. If the latter, price could drop to $26 but would eventually recover to its true value of $32.
BUY
A done deal. Maybe the price gets trimmed a little bit but this would remove any uncertainty.
TOP PICK
Thinks the deal will get done at $42.75. If it gets done at a lower price, it still would be higher than the current price and you get a dividend.
BUY
He is a believer that the deal will go through and will not be re-priced.
HOLD
There is a take out value of $42.75 on this one. It is very unlikely that the Ontario teachers and their banking supporters will pull out of the deal.
BUY
Believes the deal will get done at $42.75. Doesn't expect there will be a re-pricing.
COMMENT
The chart looks terrible and screams that this is not about a deal that will be completed at $42.75. He wonders if there isn't a re-pricing in the works or something worse.
COMMENT
He is just standing aside on this one.
BUY
The financiers are going to want to continue doing business in the telecom sector and he can't see them pulling out of the deal. He thinks the deal gets done.
HOLD
Had his doubts about this one, but the cards keep falling in order and they seem to have got past the various hurdles. One concern he still has is the credit situation and whether they are going to get the money out of their US partners or not.
BUY
Thanks the takeover will be completed in the next 8 to 10 weeks at $42.75. This gives you a nice return.
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