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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 Feb 22, 2019 8:24am
92 Views
Post# 29398392

RE:Ratsnake & co is hired to squeeze the longs

RE:Ratsnake & co is hired to squeeze the longs Interesting thing about corus is the shorts did make money on it in last few years. And they stubbornly think they can do it again.  That is human nature called "recency bias".  We are wired to think recent events will repeat.  Need to fight that bias though and go in the other direction.  There are other great shorts out there.  Look this morning at Kraft Heinz.  Down 25 percent premarket.  Thats a lot better than making 2 or 3 percent on a Corus decline.  Overpriced stocks in industries being disrupted.  Corus now is very very far from the over priced category and pushes out so much cash flow that at $5.70 its a ridiculous valuation.  This is long term buy and hold for me for the next few years.  2019 is shaping up as positive year of revenue, ebitda and cash flow growth now that dividend has been cut.  Long term some type of take out consolidation likely to occur when government relaxes foreign ownership rules which I believe is coming just like they have done in other industries.  The streaming world is global now so you cant just function in one country.  
Bullboard Posts