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Corus Entertainment Inc. T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.


TSX:CJR.B - Post by User

Comment by ratsnake220on Aug 19, 2020 9:49am
363 Views
Post# 31427604

RE:RE:Dividend declared early

RE:RE:Dividend declared earlyCorus...is 99% a sales and production co for TV shows.....Thats it......how does a analyst come up with a $7.00 target and one for a 3.90  target.....One must assume that they dont believe cord cutting exists.....?   But it does.....They dont believe hours tuned on Tv has Droped 25% in last 60 days from the high....?   But it has.....They believe revenue in next 2 quarters will boost year over year from last Quarter?     NO GUIDANCE FROM COMPANY.....But June - September may be worst quarter in 5 years?    (My call)....Fall quarter....will not hit last fall rev....again my call.....So i do think the 55% uptick in Retail sales from the March low....is taking Corus from its year low to about $4.50......But historically you sell on runup into earnings....as it always tanks shortly after earnings...and i mean always
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