RE:RE:RE:Facts vs guesses and projections First of all I know that past performance does not guarantee future performance but it helps us gain some insights. I posted revenues and cash flows since 2010, a period long enough and included recessions (2020-2021 being one period when pretty much most of the economy was shut down). During previous recessions we saw that Corus managed to pay its dividends, pay down a big chunk of its debt and invest in new and advanced technologies to execute on its strategic vision (streaming platforms, expanding and diversifying its own content, automated and data driven advertising...).
In the absence of a sure way to predict the future we can use the past to extrapolate future performance while leaving some room for potential new developments (bill c11 potential windfall, big content deals with Netflix, Roku, Disney, a blockbuster production....). All these elements show that a recession if and when it happens won't be the end of the world as the short sellers won't to imply. The show must go on and a recession will pass and we will all move on. Short sellers are stuck in a paradigm of a few quarters. Investors see beyond one business cycle.