Corus Entertainment Inc T.CJR.B

Alternate Symbol(s): CJREF

Communication Services

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.

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Corus Entertainment Inc > First impression

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Comment by Puma1backon Oct 21, 2022 11:06am

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Post# 35038851

RE:RE:First impression

Broke $2 in 6 minutes 22 seconds - longer than expected

Puma1back wrote:

i suspect the headline write downs and current margin compression will lead to more target reductions.

I would hope the $1.50 drop imbedded these results but i doubt that the degree of compression and asset writedown will go unanswered- I wouldn't be shocked to see us break $2.00.

I hope you are right Muncher & cash flows will floor out the price here

Muncher wrote: Earnings seem pretty good for the decimation that happened in stock price? Year end cash flow shows them trading at 2X FCF. Like the stock will continue to hold. Foward guidance abit weak but seems they will continue NCIB. Will dial into call to see what management has to say.