Monday, June 23, 2008

BCE – A Sigh of Relief

You could almost hear a communal sign of relief today as the Supreme Court of Canada dismissed bondholder objections to the proposed $35-billion deal to privatize BCE. Despite this ruling there is obviously still a lot of doubt on the street as the 30 million shares traded today resulted in only a 5.7% increase in the share price. Personally, I will continue to hold my shares and am speculating that this ruling will solidify the deal in the $41 to $42.75 range. Here is what some of the professional are predicting:

-Troy Crandall at MacDougall, MacDougall & MacTier – $42.75 (80% likelihood)
-Joseph MacKay at Desjardins Securities Inc. – $39.25
-David Lambert at Canaccord Adams – $42.75

5 comments:

Anonymous said...

ha ha ha. crooks lose (for once)

Anonymous said...

magni work -
maternityacupressure -
maternity acupressure -
musclegainingsecrets -
muscle gaining secrets -
negative calorie diet -
one minute cure -
one week marketing -
only 4 gamers -
paid surveys online -
panic away -
pc on point -
pc tv 4 me -
perfect optimizer -
phone number scan -
pick the gender of your bady -
power 4 home -
profit lance -
public records pro -
quantum mind power -
quit smoking today -
recipe secrets -
reg clean -
regi cleanse -
registry easy -
registry winner -
reg sweep -
reverse mobile -
reverse phone detective -
revolutioniz -
richard markenzie direct -
sale hoo -
simple php -
smtp 2 go -

Acer laptop keyboard said...

Thanks for sharing this post with us. It's really an amazing post. Keep posting the good work in future too.

QUALITY STOCKS UNDER 5 DOLLARS said...

Interesting post on BCE

Anonymous said...

When I initially commented I clicked the "Notify me when new comments are added" checkbox and now each time a comment is added I get
three emails with the same comment. Is there any way you can remove people from that service?
Many thanks!

Feel free to surf to my page ... sears appliance outlet store