QBR.B

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Hi Mat and Dan, there seems to be some concern (based on the reaction in the stock price) to the recent change in the CEO of QBR. How do you feel about this going forward? Thanks so much!

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Asked on April 30, 2021 5:09 am
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There is no sign that they will be appointing anyone else at this point in time.

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Posted by Mathieu Litalien
Answered on May 1, 2021 1:46 pm
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Thanks for your thoughts Mat. Do you think they'll appoint someone to help him run the show? I have a small position and wanted to add more, so definitely something to consider. But, there are a few other interesting dips I'm looking at too :)

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Posted by Vanessa Grass
Answered on May 1, 2021 10:10 am
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Yeah,

The markets certain have turned sour on the top level change at QBR. While it is something to watch, its not like the company has completely stopped performing. At the heart of the issue, is can Pierre Karl Pledeau effectively run Videotron & QBR - or is he being stretched too thin.

There is also concerns that this is the 3rd CEO to depart in 7 years. On the flip side, if you look at its chart, it hasn't missed a beat despite having a high CEO turnover.

I think this is a time will tell type of situation. IMO the drop is overdone and it is just about to enter oversold here - may be an opportunity to pick up additional shares or start a position.

Mat

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Posted by Mathieu Litalien
Answered on May 1, 2021 7:46 am
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