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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
Post by extremeriskon Aug 24, 2018 4:29pm
102 Views
Post# 28515130

This is the bottom

This is the bottomToday’s trading proves it. Above average volume. Driven down to 3.82 yet closes at 3.93 with short covering.  No conviction that this is going lower as shorts anxious to cover. Today’s trading almost double the average.  When a stock has come down as hard as this need a period to repair before moves up again. Focus on cash flow. Advertising dollars do not disappear that fast. Check bell media and Rogers recent results. Small decline now of 2 percent but when streaming becomes more prevalent growth will return. Bullish on Corus trading at 50 cents on dollar of revenue and lots of shares that can be cut. 
Bullboard Posts