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Gold/Mining/Energy : BCE Blue chip growth stock
BCE 22.67-0.8%Nov 3 4:00 PM EST

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To: Sili Investor who wrote (188)2/18/2000 6:59:00 PM
From: SBHX  Read Replies (1) of 275
 
The earnings numbers are all in us$, so I have to use us prices as well. It's a common mistake for these online databases to switch the us/canadian figures, but usually they take C$P / us$E. In ATYT's case, they take us$earnings , assume it is canadian$, and divide the us$ earnings again by 1.44 to get a much smaller E.

Try as I might I can't get P/E of 25 from BCE.

Closing prices Feb18th :

BCE : us$119.375
NT : us$119

This gives me BCE (ex-NT) : US$26.555
If I take your $0.55c and the lowest earnings number of us$3.00, I get :

US$3.00-0.78*(0.55) = 2.57

Highest P/E using lowest ex-NT earnings = 26.55/2.57 = 10.3

What matters is actually what the actual BCE earnings is in us$ that conforms to us GAAP and what portion of that earnings is from NT, and I haven't done my homework there. If we take the earnings numbers reported in canada and use Canadian $ to redo this, the P/E is MUCH smaller.
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