Corus Entertainment Inc T.CJR.B

bmo

[iwasgold]

anybody know what Mr .Murphy said at BMO today?

[crocks31]

No i tried and it just says it's finished so there isn't a recording available yet. So disappointed in the communication; the results better be absolutely terrible to justify this drop.  It's pretty much 40% in the last couple months. I'm a long term hold so doesn't impact me financially (at the moment) but it's just annoying lol.

[Muncher]

Yeah disappointed they were buying back shares at end of august with this release. Have to hold here but man feel this company has not maximized its value. It trades so cheap. Liquidate the parts and payout shareholders.

[Puma1back]

they were $70 million ahead of last year by Q3 & Q4 last year was $361 million. So unless they have cratered below the Q4 of 2020's $318 million, they will still beat 2021 overall on the revenues at least.  Earnings will get hit harder with cost pressures but that is not a permanent issue for Corus. They fixed the rates on almost 60% of their debt so that will separate them from

[ratsnake220]

puma states chch is making money from running oldies like my 3 sons a claim that they are making money...yes they are....but look at the overhead.....they run infomercials 60 % of time....they pay acquistion costs for programming of 10% the cost of a mainstream network.......Corus audiences are dropping every quarter....running news operations like a CTV and Global are expensive....chch runs a

[iwasgold]

I think it must have been bad because TD, who were major pushers of Corus and said it was one of their best ideas for the past year, released a report that mentioned Rogers and what they said at the meeting, but said zip about Corus

[crocks31]

I listened to the BMO presentation last night.  I think what we can expect is low double digit decline in ad revenue in Q4 and this will continue into Q1.   I'm optimistic about this company and think they are on the right track, this is a secular slowdown but i see a pretty quic bounce back early next year.  In the meantime i'll keep taking my nice dividend and wait

[j173173173g]

You have seen nothing yet. Here is what is coming, next quarterly report will show a lose, year end will likely require an asset write down, current book value is $5.12, and the dividend will need to be cut maybe by half or cancelled. CORUS can not compet with the price structure of the majors especially in the internet market and the old time advertising on TV and radio will continue to dry up

[ratsnake220]

i was gold....TD best idea .....you know why....Because TD is Corus Bank and has a investement relationship.....!   If this is the best idea then one should fire Td.....thats funny lol...Corus is a outright sell going into first quarter....2nd weakest quarter of calendar year....Jan - March.....lets see 200 basis points more in interest hikes and people want to cancell their advertsing or

[Defiance2050]

Same td sector as corus (not sure if same analyst) has an action list on Kew Media which went bankrupt  within that year.

[ratsnake220]

Since my post on 9/15 where i called out the @TD bank best idea as a shameless ploy to HELP THEIR CLIENT CORUSS...stock has dropped another 15% ..i also stated Corus was a outright sell gong into first quarter   2 nd weakes quarter of calander year.....200 basis points for interest projected and more cuts in advertisng....These guys made a tactical mistakes on pricing of Tv inventory...now