RE:Corus currentlyCorus did a write down of assets in september and I suspect that write down will affect the radio and tv side of the business, a set up to sell those assets as the only real money making avenue.
A lot of angry posts recently and the shareholders should not be badgering each other but rather focus on the management as it has been one poor show but these guys over the years. The only sparkle the managers and directors had to attract the investor of their hard earned dollars is too dangle the carrot of a good dividend regardless of the directors poor performance in providing steady earnings and a steady stock price. This one is not like a REIT or a fund distribution of earnings, it is like shaw cable, a poorly managed company all around
so the shareholders should focus their anger towards management and the directors note we do not have the right to vote these guys out, As far as I am concerned this one is big sham
short term target 175 and then some downwards
on target everytime with a bullseye (!)