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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 Oct 21, 2022 2:28pm
120 Views
Post# 35039657

RE:RE:First impression

RE:RE:First impressionpuma short term bounce is a good guess...but long term....the analysts were destroyed in past year....Max rode this all the way down....when i came on board a year ago and said i was short and reasons.....i had not a clue the speciifics of the muddy waters....neither td TD Bank who had this dog as a top idea....Can you believe the morons had this as a $10 target....So i only shorted based on looking at the macro situation of advertsing.....While the social media stocks ad sales were soaring Tv rev was coming down and cord cutting increased.....While Corus is pounding on the table about selling content to Hula.......what upside is their......Actually i took off the short away to soon....around $2.50....But i think this is 50/50 on long term.....i see them as not big players in Content....i see the Netflix and Disney as the players in space......Frankly as a TV Buyer of 35 years.....i think they have a tough go ....But can i see $3.00 in a negative growth economy over next 24 months....EMPHATIC NO...and that goes for BCE and Rogers on the TV side....Are their enough pots in the fire at Corus.....Welll they snowed the analysts for the past 3 years....and they are paid to be right....i am jus a lowly shorter of Corus
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