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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 Meesha1on Jul 17, 2023 6:41pm
163 Views
Post# 35545068

RE:Understanding the underlying price dynamics of this stock

RE:Understanding the underlying price dynamics of this stockAnd just like that, the first piece of good news for Corus in months, selling an asset that generates 2% of revenue (4% of EBITDA) for slightly more than 50% of its market cap....lowering leverage accretively and immediately adding $0.70 to the stock's NAV, is pushed down the queue in a barrage of garbage posts, so that any investor reading this board for the first time will not even be aware of it. This person is either mentally unstable or is short the stock. 
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