Q: I’m under water with Bce by about 30%
But under no pressure to sell
Do you still like it for 5 to 10 year hold our
Is it time to cut my losses
But under no pressure to sell
Do you still like it for 5 to 10 year hold our
Is it time to cut my losses
5i Research Answer:
We view it as a HOLD after the drop, but with management having a bit of a credibility issue right now we do not see it as hugely attractive. We would not see a panic to exit, but would be OK with tax-loss harvesting with a view to rebuy for the dividend. We doubt it does much in the medium term.