Corus Entertainment Inc. T.CJR.B

Facts vs guesses and projections

[YassineNoBS]

Let’s talk numbers not gibberish

Whenever I post numbers that can't be argued with the short sellers try to bury my posts with childish gibberish so I have to repost to remind potential buyers of relevant facts as opposed to uninformed bets and guesses about future outcomes.
 

Numbers don’t lie: Cash flows and Revenues since 2010

Every short seller on this board tries to plant the seeds of fear, doubt and uncertainty in your mind to play mind games and trigger you into panic selling so that they can cover and close their short positions. If they are trying hard to convince you that this stock is a dog it is because they can not squeeze as many shareholders out as they thought possible so they are using a bunch of posts to peddle/promote their BS with a fake it until you make it attitude so that you doubt yourself (only applies to weak people) and accept to walk away and hand them the keys to your safe. Let us talk numbers because opinions are just opinions and they are worth nada/zero when it is all words and guesses with no numbers to back up their claims other than the performance of the stock price which we know they have manipulating since the acquisition of Shaw media. With a trading daily value of less than 5 million dollars on a good day it is extremely easy for a small hedge fund let alone a big one to force the price down at will. 

 

Since 2018 Corus paid over 1.1  BILLION dollars in dividends and debt repayments.. Corus acquired Shaw Media for $2.65 billion back in 2016. The debt is now down to $1.2 billion and with the recent share buybacks there are less shares floating around. When the doom and gloom cycle ends Corus will have three levers in its favour: less debt/less interest payments, less shares available as they continue their buybacks which will translate into more cash flow especially when the general sentiment improves. Within less than 5 years the company will be almost debt free and potentially with 50% less shares floating around. Just Imagine the possibilities and I am not even talking about their partnership with Pluto TV and the expansion of their content offerings and international distribution and merchandising. Corus is not about just radio and TV, they own the best software to develop kids content, multiple production and marketing companies as well as studios.

Free cash flow generated by Corus since 2011 (amounts are in millions and reflect the fiscal year):

 

2011: 134.861

2012: 155.147

2013: 154.711

2014: 175.276

2015: 201.213

2016: 188.165

2017: 292.660

2018:349.007

2019: 309.970

2020: 296.247

2021:251.947

2022: 239.600

 

The annual revenue (in millions) generated by Corus since 2010:

 

2010: 767.53

2011: 825.21

2012: 842.28

2013: 751.54

2014: 833.02

2015: 815.32

2016: 1171.3

2017: 1679.01

2018: 1647.44

2019: 1687.5

2020: 1511.24

2021: 1543.48

2022: 1598.586 

So in 2022 revenues increased over fiscal 2021  not what the short sellers are peddling. 

Short sellers prey on the emotionally weak and uninformed and I hope that some numbers will help put the facts at the forefront of the discussions instead of endless fear mongering from the short sellers.  Now that you know the facts make an informed and rational decision not an emotional one.

[SunsetGrill]

Yes YassinNuttinButBS lets talk numbers and not gibberish - Here is the only number that currently matters; drumroll please $2.15 per share Do you not feel any kind of shame and or small responsibiliy to insist people hold on to an absolute dog of stock that has fallen from 6 to 2 (- 66% return) and from 12 to 2 over a few years (- 85% haircut).  Your credibility (of which you never really

[ratsnake220]

short sellers Yassine are important to give balance to the other side of the trade,,,most of us are long but when we see things that dictate the put....its a great way to take advantage of mistakes by the longs....Now you can present the facts of the guidance going forward in the Ad business....all of them 100% are guiding degraded ad revenue going forward....You know this....and Sunset is write

[Maxmoe]

Thing is ratfink, you're a pathological liar so nobody believes a word you say. Most of "us" are long? BS. You've been bashing everyone and everything for over a year, why would a "long" do that? They wouldn't, fool. No idea if yaz is adding anything new or if he's still on autopilot repeat mode. I put pumptards on ignore too. Shorts aren't projecting the

[YassineNoBS]

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

[SunsetGrill]

Yes YassinNuttinButBS lets talk numbers and not gibberish - Here is the only number that currently matters; drumroll please $2.15 per share AND corus cut their dividend significantly only four years ago (80% as a matter of fact). Some more numbers to chew on from 2018: Corus slashed its dividend by nearly 80 per cent while also announcing a quarterly loss of $936-million, which together dragged