Post by
Reachme on Jun 29, 2023 7:21am
Terrible results Corus
Down 495 millions?!?!.....no reason to buy this nightmare....sub $1...Corus will declare bankruptcy
Comment by
BalanceVsBias on Jun 29, 2023 7:58am
You accuse me of copy paste but it is ok for you to copy paste from yahoo to here. At least I don't hide from it. Those are NON Cash impairment charges. Cleaning the balance sheet by clearing the goodwill item is a positive going forward. They made $75.2 in free positive cash flow year to date. The loss is an accounting loss (paper loss) the cash is real.
Comment by
sergio2go on Jun 29, 2023 10:16am
Hey buddy. Look at the market's positive reaction. This tell it all.
Comment by
Puma1back on Jun 29, 2023 10:18am
yeah, seems to be looking at the dividend declaration as a positive mgmt statement.
Comment by
NLMoose on Jun 29, 2023 1:06pm
Looks good on Corus as punishment for their maltreatment against Eastlink subscribers after the Halifax based telecom company was forced to get rid of 35 of their channels recently.