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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 > What's next...
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Post by sergio2go on Jun 18, 2024 10:25am

What's next...

At this point, the news ceo's should at least give investors some fondemental guidelines until there is a new ceo. In other words, they shoud stop the bleeding instead of showing no state of emergency...
Comment by BlueJay2020 on Jun 18, 2024 11:18am
That's definitely needed, but they need to be given a bit of time to figure out where things are at  and what the priorities are in the short-term.  We are getting close to my suggested 10c floor.  The stock is in the hands of day traders and penny flippers now.
Comment by Toweringmars on Jun 19, 2024 9:23am
I dont see them saying a whole lot until the earnings call. I'm sure much will be discussed from both the new team, as well as some hard questions from analysts. I like Troys comments at the Banff conference a few days ago, he seems to be fired up, and ideally is a mover and shaker instead of just a blamer. I think Doug was doing what he could on the regularoty side of things, but at the end ...more  
Comment by BlueJay2020 on Jun 19, 2024 11:44am
I think what would be significant is some major insider buying at these levels.  We are getting close to a binary outcome here - either the shares are worthless or they are a 4-5 bagger minimum.  If insiders don't think the former to be the case, they'd be fools not to fill their boots because of the latter.
Comment by Cuzvin on Jun 20, 2024 8:20am
With quarterly earnings due in a couple of weeks, they are currently in a blackout period and cannot buy shares.
Comment by mnztr on Jun 19, 2024 8:21pm
I have no expectation of NADA from this pig TBH, its lost money, Gone, every 10 years or so one one bites the dust totaly. Its possible the writers strike could be at the heart of this decline, after all they are a content producer. If that is at the heart of it, the results turnaround is stilll 12-18m out as the content is only being created now and in the past 3-4m. 
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