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Rogers Communications Inc. (RCI)
NYSE - NYSE Delayed Price. Currency in USD
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324 reactions on $RCI conversation
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Quick swing from 56 to 60. Thanks!
Bob the Builder
what is wrong with this stock?? too much debt? bad acquisition? board room battles?
How come Rogers in a semi monopoly isn’t doing better than this?
All their comparators are performing much better!
Fido is the best phone company I've ever been with in terms of price, connectivity, and rewards.. That's why I like Rogers
I wish like the other telecoms this gave a high yield. it would do much better.
One day soon they will have big news…stock will be frozen for a bit causing a 10% drop in price, that will be the time to get in!!
Will this fiasco distract management operating efficiency or lost opportunities. I say yes.
Also in the case CEO is turfed out, it will cost Rogers some serious compensation. Finally who knows what the outcome of Shaw acquisition. All these put a cloud over Rogers and these distractions may show IP in next quarter earning. Why buy this when there are a thousand other companies you can put in your hard earned money. IT might test the 56 again.
Was a good swing trade. 56.50 -60.75
Thanks for posting bad news on a solid company, was an easy choice.
Will these guys still be getting together for Christmas dinner this year ???
Good news Edward Rogers wins
Buy the dip! All infrastructure is in place. Only some bickering in a room with a mahogany table.
Looks like Joe Natale is taking an early Christmas vacay 😬
told you guys to buy at 56.50
Sold since board is not setup well. Bce better buy
Sorry I've seen these kind of family feuds play out before. By the time the dust settles the company could be bankrupt. Seriously the greed, the lawsuits, and the chaos it causes from the top down can destroy any company from within. Imagine all the talented employees they will lose as this plays out. Family businesses fail this way. One greedy member, who usually thinks they should have all the power cause they do all the work, tries to cut everyone else out and it just usually ends very badly. The company will end up with a bunch of yes men or women willing to take a side, etc... I wouldn't touch this with a 10ft poll. Also a good bed the buyout or merger ends up a mess also.
Anyone taking this board turmoil as a buying opportunity? I currently have no telecom exposure but am considering buying some... perhaps as a swing trade. Thank you for your input.
Hi everyone, just wondering at how much of a drop will you be adding more? -1%? -5% -10%? Or current price? Thank you.
brings to light the folly of buying a company stock with almost zero voting power - not that us little guys have much voice anyway.
A buy opportunity?
The internal turmoil will drive the stock price to around 55 CAD and maybe even lower. I've already placed my order to sell this stock and will immediately buy BCE which pays a dividend almost double than Rogers. Analysts expect that BCE will finish the year close to $70 and the dividend payout is very interesting. This is my advice to whoever wants to avoid being stuck with a declining Rogers share price in the next months. Act fast though, cause the decline on Monday will be quick.
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