COGECO COMMUNICATIONS (CCA) Stocks
ABOUT COGECO COMMUNICATIONS
Cogeco Communications Inc. is a Canadian telecommunications and media company with headquarters in Montreal, Quebec.
The company markets basic cable television and various discretionary services like pay television, audio programming and high-speed internet access by cable modem to customers throughout Canada and some regions of the United States.
The company was founded in 1972 and was formerly known as Cogeco Cable Inc. It changed its name to Cogeco Communications Inc. in January 2016 and is headquartered in Montreal, Canada.
Cogeco is an acronym for Compagnie Générale de Communication, meaning general communications company.
It entered the television business when it launched CKTM-TV, a Radio-Canada affiliate in Trois-Rivières. Later the company expanded with a radio network and diversification in the cable television industry.
OVERVIEW OF COGECO COMMUNICATIONS
- Cogeco Communications Inc. operates in two segments, Canadian Broadband Services and American Broadband Services as a communications corporation in North America.
- The company also provides other advanced network connectivity services, such as session initiation protocol, primary rate interface trunk solutions, hosted private branch exchange solutions and business and software efficiency services for business customers.
- Its subsidiaries operate radio stations and a public transit advertising company in Nova Scotia, as well as business telecommunications and information technology services through its fibre-optic and data centre network.
VISION & VALUES OF COGECO COMMUNICATIONS
Cogeco Communications Inc. has started a corporate social responsibility (CSR) journey aimed at operating responsibly and sustainably and being a model of good corporate citizenship.
They seek to integrate practices that improve the environmental and social impacts of their operations, while ensuring the corporation’s continued development. They continually work to incorporate initiatives that can add significant value to stakeholders.
As a socially responsible corporate citizen, the company supports the cultural, social and economic life of the communities in which it operates through donations and sponsorships.
Cogeco Communications Inc. adheres to its value chain to ensure the organisation reaches its goals set to meet the current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.
MARKET PERFORMANCE OF COGECO COMMUNICATIONS
Cogeco Communications Inc.’s shares are traded on the Toronto Stock Exchange (TSX) under the stock symbol CCA listed in the Telecom sector.
Highlights of the company’s performance in the fourth quarter of fiscal 2019 include revenue increased by 3.1% compared to the same period of the prior year to reach US Dollar 610.5 million driven by growths of 3.1% and 2.9%, respectively, in the communications and other segments.
Adjusted EBITDA increased by 4.5% to reach US Dollar 281.0 million; profit for the period from continuing operations amounted to US Dollar 95.2 million.
Profit for the period amounted to US Dollar 97.1 million and free cash flow, from continuing operations, increased by 70.6% to reach US Dollar 87.6 million.
Due to Cogeco Communications Inc’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.
Buy COGECO COMMUNICATIONS stocks / shares – A Step by Step Guide how to Buy / Purchase COGECO COMMUNICATIONS Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy COGECO COMMUNICATIONS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN COGECO COMMUNICATIONS STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE COGECO COMMUNICATIONS STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of COGECO COMMUNICATIONS stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy COGECO COMMUNICATIONS stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?