Corus Entertainment Inc T.CJR.B

Can’t believe I bought this stock again

[extremerisk]

After about a 4 year absence I am back in this stock.  2.59 is way too cheap.  I listened to bmo call also and suspect 11 - 13 percent drop in ad revenue based on what CEO hinted at.  The biggest lever the company has though is its sheer size.  3500 employees 1.5 billion in revenue but most importantly 1 billion in sales general and admin is lots to play with in terms of layoffs and making the numbers

[McRambus]

You can have my shares too. I am out of this. Yield is approaching 10%. Out and will never come back. Good luck to you.

[BlueJay2020]

i also re-opened a position with 4000 at $2.60 today. I got badly burned on this stock pre-Covid and left holding the bag when the divi was cut.  I wouldn't be surprised if it hit the Covid low but I think the sell-off is over the worst now.  Let's see if I am made a fool of twice!  

[ratsnake220]

extremerisk.....Look at the specialty tv Programming....its awful....they re run a 8 week series for 3 years.....cord cutting....in Vancouver we used to buy their newscasts....the only makrets in Canada where they are no 1 in audience....thing is audience still down 20% and they upped rates in Spring by 4o%.....so they cost alot more than CTV.....i really wonder what happened to logic at Corus