RE:Great call Q2Just heard call also. While I have doubted Murphy before I guess now that he owns more shares he has this business on track. Alll the iniatives are great but the most significant in my mind is the Accenture report he mentioned on how you need the right balance with digital and traditional tv and how adertisers moving back to TV. Also for the first time the emerging 50 digital companies are advertising on tv. This is all new business. Google Home, Amazon Prime video. Trivago etc. There metrics show them that this makes sense to build brand awareness and grow their ROI. These emerging 50 digital firms will continue to drive revenue growth. Also interestingly they are investing and buying now. Thats a sign of growth mode and many more good quarters to come. Lots of activity in Nelvana and content not showing up yet in revenue line but as they continue to announce deals this is coming. Even at 6.50 you are still at a little over 4 current cash flows so very cheap. Also debt being paid down aggressively as moving to 3 times debt to ebitda.
I plan to actually buy more here as the upside on Corus is far greater than upside on other stocks I own. The opportunity to double in year from this level looks very doable now.