17:36:28 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 847,652,678
Close 2015-06-19 C$ 52.70
Market Cap C$ 44,671,296,131
Recent Sedar Documents

Inv Reporter refreshes BCE buy

2015-06-19 21:10 ET - In the News

The Investment Reporter, in its June 12, 2015, issue, refreshes its buy of BCE Inc., recently $54.50. The Reporter said buy eight times from Feb. 13, 1995, to Feb. 15, 2000, at prices ranging from $43.37 to $173.25 (the stock split 2 for 1 on May 12, 1997). It said sell half on Feb. 28, 2000, at $160.75. Assuming a $1,000 investment for each of the eight buys, selling half the $8,000 position at $160.75 would have yielded a profit of $7,985. The Reporter then said buy 21 more times from Sept. 29, 2000, to Feb. 27, 2015, at prices ranging from $23.06 to $55.57 (the stock split 4.2 for 1 on May 3, 2000, and 1.09 for 1 on July 11, 2006). Assuming a $1,000 investment for each of the 21 buys and taking into consideration the $4,000 investment left from the Feb. 28, 2000, half sell, the $25,000 investment is now worth $59,841. BCE's Bell Mobility is planning to invest $20-billion from 2015 to 2020 to expand its 4G LTE and broadband fibre networks. Following the development, the company hopes to reach 98 per cent of Canadians on its networks. As Bell invests to prosper, you can prosper too. The stock remains a buy for long-term gains and high dividends.

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