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Bullboard - Stock Discussion Forum Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming... see more

Bullboard (TSX:CJR.B)

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Post by BLUEBERRY5on Jun 12, 2024 1:55pm

E-Mail to TROY REEB

troy.reeb@corusent.com June 12, 2024 Mr. Troy Reeb, CORUS has to proceed to a MAJOR SALE OF ASSETS, along with a 1:10 CJR.B shares rollback in order to wipe out this current insane penny-stock ...more  
Post by BLUEBERRY5on Jun 12, 2024 12:15pm

CORUS OUTLOOK

CORUS has to proceed to a MAJOR SALE OF ASSETS, along with a 1:10 CJR.B shares rollback in order to wipe out this current insane penny-stock value of roughly $0.25, failing which it will land into ...more  
Comment by toppgunnon Jun 11, 2024 7:14pm

RE:Analysts- yuck

Agree, not that great and trading at near .25 cents is not good.  That said, within the last week a few  analysts had revised up on Corus then the Warner new created negative sentiment.  ...more  
Post by Possibleidiot01on Jun 11, 2024 3:21pm

Analysts- yuck

6/11/2024 National Bank     Lower Target Underperform C$0.40 C$0.25 -10.71%   6/11/2024 Royal Bank of ...more  
Comment by sorrensonon Jun 11, 2024 2:59pm

RE:Equity consolidation maybe...

If they do a reverse split I will be shorting  . Have to get money back somehow
Comment by Puma1backon Jun 11, 2024 11:23am

RE:Future Outlook?

I think your timelines could be a good estimate - unsecured debts are way out on the curve coming due in 2028 & 2030 though not sure about trigger events to accelerate maturity.( see last ...more  
Post by sergio2goon Jun 11, 2024 9:58am

Equity consolidation maybe...

At these levels,  an equity consolidation should seriously be considered. A 15 or 20 shares to 1 should give a little bit of credibility to this stock that is slowly dying. Granted that this may ...more  
Post by toppgunnon Jun 11, 2024 12:22am

Future Outlook?

Capitualation was necessary in Corus and was almost expected especially in the .40 cent range.  There has not been much good news over the last few years.  Every year has shown continual ...more  
Comment by Puma1backon Jun 10, 2024 4:52pm

RE:RE:Just when you think the dumpster fire cant get worse.

Well, given about 60 plus % of their debt is non-recourse and behind Big 5 banking loans, this company makes no sense as a private take out. It only makes sense going forward as a bankruptcy to ...more  
Comment by Maxmoeon Jun 10, 2024 3:40pm

RE:Is there any upside to this?

How about this? The board is under such intense pressure now they will finally capitulate and sell the company immediately to whatever bid they can get. That help? You can forget a juicy dividend but ...more  
Post by Puma1backon Jun 10, 2024 2:44pm

RBC comments

Not as detailed as the BNS - but same numbers and same conclusions, though they held off dropping what is now a sky high target. ------------------------------------------------------- Sentiment ...more  
Post by JuicyDivsWantedon Jun 10, 2024 2:13pm

Is there any upside to this?

I still hold Corus from 2017 and have lost all hope of a recovery.   Can anyone offer a glimmer of hope?
Comment by sorrensonon Jun 10, 2024 12:26pm

RE:RE:Just when you think the dumpster fire cant get worse.

Lotterys  have a potential payoff at the end of the day..    Here is some videos  {^youtubevideo|(width)425|(height)264|(rel)False|(url)https://youtu.be/zRF3DsyQCkg|(fs)True ...more  
Post by incomedreamer11on Jun 10, 2024 10:26am

Scotia comments

Loss of Five Channel Trademarks Leads to a Material Equity Value Reduction OUR TAKE: Negative. After the close on Friday, Corus announced that Warner Bros Discovery ...more  
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