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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 > Short sellers are professional low ballers.
View:
Post by BalanceVsBias on Jul 01, 2023 6:44pm

Short sellers are professional low ballers.

Free cash flow generated by Corus since 2011 (amounts are in millions and reflect the fiscal year):

 

2011: 134.861

2012: 155.147

2013: 154.711

2014: 175.276

2015: 201.213

2016: 188.165

2017: 292.660

2018:349.007

2019: 309.970

2020: 296.247

2021:251.947

2022: 239.600

 

The annual revenue (in millions) generated by Corus since 2010:

 

2010: 767.53

2011: 825.21

2012: 842.28

2013: 751.54

2014: 833.02

2015: 815.32

2016: 1171.3

2017: 1679.01

2018: 1647.44

2019: 1687.5

2020: 1511.24

2021: 1543.48

2022: 1598.586

So in 2022 revenues increased over fiscal 2021  not what the short sellers are peddling.

Short sellers prey on uninformed and gullible retail investors who think random strangers will look after their life savings and do their due diligence on their behalf. I hope that some numbers will help put the facts at the forefront of the discussions instead of endless fear mongering from the short sellers.  Now that you know the facts make an informed and rational decision not an emotional one. My numbers can and should be verified but short sellers' speculations and guesses about the future can not be.

Short sellers shorted 20 million shares (conservative estimate) and they must cover so expect numerous short ladder down attacks while they cover. They want to use fear, uncertainty and doubt to place a virus in your head that will push you to sell so that they can buy and cover for cheap. Protect your shares from low ballers.

Comment by wizthewiz on Jul 02, 2023 10:12am
Thank you for the info. Where did you get the stats?
Comment by BalanceVsBias on Jul 02, 2023 10:53am
You are welcome. I compiled them by reading the yearly financial reports from : https://www.corusent.com/investor-relations/financial-reports/
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