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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
Comment by extremeriskon Aug 31, 2018 6:00pm
155 Views
Post# 28551471

RE:why hold

RE:why holdAll your negativism is already priced in. Should be 1.50 - 1.75 in cash flow.  Money saved on dividend will be used to pay down debt.  Broadcast licenses are not worthless. That would mean Bell and Rogers also have worthless licenses on their balance sheets. Agree that just because something is cheap doesn’t mean it can’t get cheaper but I still think we are bouncing around the low here. New shareholders are still coming in to replace the yield investors who have been in this stock for long time. Under financial duress the competition bureau would approve sale of 2 stations to Bell. This regulator clearly think their is no dures. Bank lending at 4.5 percent also thinks no duress. Junk bonds are in the 10 -12 percent range now.  You can talk Corus down but the facts don’t indicate a company in trouble. 
Bullboard Posts