Rogers Communications Earnings Beat on IoT, Revenue Lags $RCI

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  • #10399
    ThePitBoss
    Participant

    [article]42[/article]

    #10400
    Assistanc3
    Participant

    As a Canadian, it does not surprise me Rogers earnings beat since they have a shared monopoly with Bell in the telco sector (one of the things Trump wants to address in NAFTA)

    look at this stock chart with Forward P/E 14.33, Dividend 2.87%

    if you follow hockey, specially the Toronto Maple Leafs and see how well that team is going to do, one of the beneficiaries of the Leafs is Rogers Communication. Rogers owns the NHL disruption rights for hockey in Canada, Rogers owns the TV stations that the hockey games are viewed on and they own 37.5% of the Toronto Maple Leafs.

    Rogers owns 37.5 of MLSE, which owns the Toronto Maple Leafs hockey team as well as the Toronto Raptors basketball team and Toronto FC soccer team. And soccer is becoming a very big sport in North America.

    oh and the Toronto FC soccer team, is currently in first place in the MLS

    #10401
    TradersCom
    Keymaster

    Great insight A3 and Pitboss and update on Rogers and sports investments – makes a lot sense – go the Maple Leafs 🙂

    #10402
    Assistanc3
    Participant

    Rogers also owns the Toronto BlueJays and the stadium in which they play in

    #10407
    ThePitBoss
    Participant

    Might have to ask who don;t they own!

    #10429
    Helmholtz Watson
    Participant

    If you want to invest in Canadian sport Rogers seems a logical way to do it to me.

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