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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

Comment by toppgunnon Mar 18, 2023 12:33pm
185 Views
Post# 35346811

RE:RE:RE:Whats next for Corus

RE:RE:RE:Whats next for CorusYour analysis is probably accurate on 1.30 range target.  However, yes Corus can trend to 1.30 which is appearing to be the short term, but there can enormous upside on the contrary.  The overall markets have been generally weak this year (2023) and if any public company listed on the stock exchanges can break even or better your doing great!  Most exchanges are down 5% plus for the year.  This does not include the poor year in 2022 too where was negative return for year e.g.  minus 10% plus.  With that said, if the overall markets start to trend to the  upside and they will happen over time then many companies including Corus could be a double, triple or quadruple from here.  Myself, looking at the long term picture not the next 6 months.  This is when your picking away at cheap companies that are selling for pennies on the dollar.  Yes, Corus has some obstacles e.g. debt, revenue, lower advertising revenue but upside could be 5 dollars plus in a years time.  I wlelcome the cut in dividend and share buybacks from last year.  Buy low and sell high works for me!   
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