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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 Mirage57on Jun 11, 2020 11:50am
113 Views
Post# 31138819

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Declares dividend

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Declares dividend

Thanks for the advice :)  BlueMoonShoes!

Mutual funds - no, thank you but no! I rather would go into the real estate business - if you could do it anyone can do it to!!!

Penny stocks I do, and I am not losing money there, trust me!

Reinvesting money back into the business does not necessarily mean acquisition, rather as it is in the Corus’ case, it means building up the content, investing in films, comedies, documentary et cettera! 
You mention that this industry is about cashflow and dividends and I generally agree.
However, how do you continue collecting the revenue and paying dividends if you don't have a means to do so, if you don't have "goods for sale" (in whatever form it is).  
The flow of money would eventually dry up and you would be left with less worthy, or even worthless shares that you bought back when you had money.

There is a good reason that Corus is in the “penalty box” with respect to market valuation! They have not delivered on multiyear promises to grow and diversify the revenue. That sudden market realization happened at the end of 2017 and last till today. How else can a reasonable investor explain that the company is trading at 2-3 times the revenue? Get it?

So, NO. Shares buyback is not the good option for Corus. Read more, learn more and you would conclude the same. and ........congrats on belonging to the 1% class as you claim, I am sure some of us on this forum are getting there too :).

Bullboard Posts