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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 BalanceVsBiason Jul 01, 2023 6:37pm
72 Views
Post# 35523875

RE:RE:Price targets are guesses

RE:RE:Price targets are guessesImagine a criminal telling a judge my brother is a police officer you should release me immediately :) 
You will have  calluses from patting your own back. Trying to take credit for something you have not achieved shows you are ok with stealing other people's work and efforts and by extrapolation money which proves my point. Rogue short sellers want to bank on fraudulent and false claims using the illusion that their name and presence justifies believing anything they say. You have been lying about the company for years twisting facts and turning positive cash flow into negative cash flow, you called for imminent bankruptcy ten years ago. Meanwhile here are the numbers and facts you can't deny:

Since 2018 Corus paid over 1.1  BILLION dollars in dividends and debt repayments.. Corus acquired Shaw Media for $2.65 billion back in 2016. The debt is now down to $1.2 billion and with the recent share buybacks there are less shares floating around. When the doom and gloom cycle ends Corus will have three levers in its favour: less debt/less interest payments, less shares available as they continue their buybacks which will translate into more cash flow especially when the general sentiment improves. Within less than 5 years the company will be almost debt free and potentially with 50% less shares floating around. Just Imagine the possibilities and I am not even talking about their partnership with Pluto TV and the expansion of their content offerings and international distribution and merchandising. Corus is not about just radio and TV, they own the best software to develop kids content, multiple production and marketing companies as well as studios.

 

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