Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:CJR.B - Post Discussion

Corus Entertainment Inc. > Obviously Great Assets but, It is That Time Of Year
View:
Post by Quintessential1 on Oct 29, 2022 12:18pm

Obviously Great Assets but, It is That Time Of Year

When investors lighten their loads and cut their losses with tax loss selling.

Not a great ER and with recessionary headwinds does anyone really expect this to go higher before it goes lower?

I don't, and full disclosure have no position long or short ot otherwise.  Juicy divies grab my attention especially by solid companies with good revenue growth histories and future growth potential.

My question is how low can the shre price go before management has to reduce that juicy divie or is the thing that will keep the share price buoyant?  Is it sustainable?

The assets have to be attractive at these prices to major telecom wannabees like Telus and Quebecor.  Is an acquisition likely

I will be keeping an eye on this stock and I have caught falling knives before but prefer to grab them after they bounce and the momentum shifts.

Any ideas on when that might be?

GLTA invested.  I hav no doubt your capital is safe.  A recovery is inevitable.  It is why I am here.
Comment by Puma1back on Oct 30, 2022 5:35pm
i have mentioned a few things on the divi that imo suggest it should hold: 1) annual interest payments have now been reduced by the full amount of the dividends as a result of the debt reduction strategic plan set by mgmt some 5 years ago.  2) there are basically no long term debt obligations due over the next few years - they had been hammering in excess of $125  million plus per ...more  
Comment by ratsnake220 on Oct 31, 2022 11:32am
Puma....u are not factornig a slowdown in ad sales in first quarter of 2023......The failure of Meta, Goog, advertising is their guidance on ad sales in 2023,,,,while most missed like Corus in last quarter they point to 2023...Maybe you should have a look at that?
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities