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Bullboard - Stock Discussion Forum 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... see more

TSX:CJR.B - Post Discussion

Corus Entertainment Inc > Whats next for Corus
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Post by forkliftguy on Mar 12, 2023 11:16am

Whats next for Corus

This company's stock reminds me of one of my biggest  stock losers -  Torstar , when it was a public company  .  A Media company which was a value trap . I really don't care about short sellers .  If Corus delivers good results , the short sellers will cover quickly .  Good management doesn't see their stock drop from over 20 dollars  a share to under two dollars .  A real pathetic performance .   At this level , I will continue to hold as long as there is free cash flow  and the long term debt drops .  I would like to see   1)  the dividend cut in half again and that money used for share buybacks , 2)  Any underperforming divisions either sold or closed down ,   Just one old  retired salesman's opinion .
Comment by YassineNoBS on Mar 12, 2023 12:21pm
You don't worry about short sellers you say :) You are one yourself. People can go back and check your previous posts. As for being a shareholder and bashing the stock that was worth $20 as you say that calls for poor judgement on your part because why would you own a poorly performing stock with bad management. Your bad cop good cop deception move is old style and will only dupe some naive ...more  
Comment by target100 on Mar 17, 2023 2:08pm
awhile back when I said they were going to cut their dividend to 4 cents per quarter I was not far off the mark. As well I predicted this piece of poop would end up at the range of about 1.60$ Not too bad as currently at 162-3 Now is the time to re-evaluate this one, with other companies to compare within the industry and this one with declining profitability in spite of rising revenues, it seems ...more  
Comment by toppgunn on Mar 18, 2023 12:33pm
Your 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 ...more  
Comment by ratsnake220 on Mar 14, 2023 11:12pm
forklift guy....their is a song....If you could turn back time...cher sung it....look at the clock....Corus is trying to suvive transition.....But netflix and other subs are kiliing Tv.....and cord cutting continues.....So eventually the model sees to exist.....advertsing needs economic growth to Flourish....The CEO guided lower....so why do people pretent to think their is a catalyst....their ...more