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

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 platforms, and social digital agency and media services. Its brands include Global Television, W Network, Flavour Network and Home Network (launching soon), The HISTORY Channel, Showcase, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. It is also the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the free ad-supported streaming television service. It is an international content creator, producer and distributor through Corus Studios and Nelvana.


TSX:CJR.B - Post by User

Bullboard Posts
Comment by extremeriskon Aug 09, 2018 3:37pm
114 Views
Post# 28435694

RE:Estevan8 never posts when Corus is rising -- kinda funny

RE:Estevan8 never posts when Corus is rising -- kinda funnyThis is an easy double in my mind.  I have average cost of $4 so just wait it out.  No reason to day trade it.  The cash flows speak for themselves and the recent results from Telus Rogers and Bell confirm stabilization and growth of cable subscribers.  That is what advertisers are looking to see as they negotiate new contracts.  I calculate current cash flows at $1 a share.  Like to use the cash flow statement that is audited and not the companies definition of cash flow as is more accurate.  Once pay off anther 150 million debt costs drop down further and further improve cash flow per share.  I think one year out target can reach $1.50 a share.  No way can reach Estevan target of $2 a share as no company trades for one times cash flow.  Or if there is one I am not aware of it.  I plan to wait for 8 and reassess business at that time.  Adding here also makes sense at 4.15 since using the one year out target of $1.50 cash per share puts the current valuation at under 4 times which is what National post paid for sun papers and that is business where advertising declining 20 percent.  Cable business appears to be looking for a floor right now and may have found it.  
Bullboard Posts