Manitoba Telecom Services Inc. $29 – Toronto symbol MBT

MANITOBA TELECOM SERVICES INC. $29 (Toronto symbol MBT; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 78.9 million; Market cap: $2.3 billion; Price-to-sales ratio: 1.4; Dividend yield: 4.5%; TSINetwork Rating: Average; www.mtsallstream.com) has expanded its recent restructuring plan, under which it is cutting 25%… Read More

High p/e’s keep these utilities on hold

These two utilities are using different strategies to boost their earnings: Enbridge is investing heavily in new pipelines, while Manitoba Telecom is cutting costs at its struggling Allstream unit.

We feel both firms will ultimately succeed, and their future growth will give them more cash… Read More

MANITOBA TELECOM SERVICES INC. $29 – Toronto symbol MBT

MANITOBA TELECOM SERVICES INC. $29 (Toronto symbol MBT; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 78.9 million; Market cap: $2.3 billion; Price-to-sales ratio: 1.4; Dividend yield: 4.5%; TSINetwork Rating: Average; www.mtsallstream.com) has acquired AWS-1 radio frequencies (or spectrum) in Manitoba from rival… Read More

Updating Potash Corp. of Saskatchewan, Manitoba Telecom Services Inc. and RioCan Real Estate Investment Trust

POTASH CORP. OF SASKATCHEWAN $34 (Toronto symbol POT; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 834.7 million; Market cap: $28.4 billion; Price-to-sales ratio: 4.5; Dividend yield: 5.8%; TSINetwork Rating: Average; www.potashcorp.com) has offered to buy leading German fertilizer producer K+S AG for around $8.6 billion… Read More

Our other two telcos: 1 buy and 1 hold

Like Telus (see page 71), BCE and Manitoba Telecom are speeding up their networks to profit from demand for faster downloads—both through high-speed Internet and wirelessly.

Both companies can easily afford to make these investments and maintain their dividends, but we feel BCE is the… Read More