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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

Bullboard Posts
Post by radioguru22on Jul 19, 2018 4:47pm
66 Views
Post# 28341296

OMG

OMGEstavan, you are severely kicking people when they are already down.  While you have some very valid points that i agree wholeheartedly with, your delivery is less than appealing for people to listen to.  We've all been there with a stock that's a loser but we can't bare to part with it because then the losses become real.  This is where many retail investors are at with this stock, even thinking that they can leverage and buy more at these 'low' prices.  Nothing positive will be forthcoming with this stock anytime soon.  Any private equity thinking about this company is simply gonna play the waiting game and get it at much lower pricing.  Bell/Rogers CANNOT buy the company.  These guys needed to go into survival mode in 2016 not leverage the hell out of the company.  Dividend should have been completely eliminated immediately in order to get the debt load somewhat under control.  Unfortunately Shaw has milked Corus for everything it possibly could.  Smart money is LONG gone out of this company and unfortunately there's a ton of retail investors 'stuck' here.  More pain to come with the share price, no doubt about it.  I'd use any pop to get the hell out.  Sorry guys.
Bullboard Posts

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