Corus Entertainment (B) | StockChase
138
Corus Entertainment (B) (CJR.B-T)

Last Price Recorded: $8.3200 on 2018-01-17

ON STOCKCHASE SINCE Jan 2001

radio broadcasting, specialty television, digital audio services and cable advertising services

entertainment services
138
Corus Entertainment (B) (CJR.B-T)

Last Price Recorded: $8.3200 on 2018-01-17

ON STOCKCHASE SINCE Jan 2001

radio broadcasting, specialty television, digital audio services and cable advertising services

entertainment services

Corus Entertainment (B)


Signal Opinion Expert
DON'T BUY

Dividend yield of 13.5% since the price plunge. When you see that sort of dividend yield, it usually telegraphs something is coming. There is a transition in the world of entertainment. Unfortunately, it's bad for companies like this. They have a big component in advertising, and the value of that advertising is going down. The concern is that this in secular decline now. Profits are under pressure, and until we see the dividend cut that the stock is telegraphing, it is probably in no man's land and will probably go sideways. Probably not that much downside in the near term, and longer-term it depends on how the fundamentals develop. A lot of people don't want to be there because it is gone from a growth situation to a potential shrinking situation. He would be in no rush to get involved.

entertainment services

Dividend yield of 13.5% since the price plunge. When you see that sort of dividend yield, it usually telegraphs something is coming. There is a transition in the world of entertainment. Unfortunately, it's bad for companies like this. They have a big component in advertising, and the value of that advertising is going down. The concern is that this in secular decline now. Profits are under pressure, and until we see the dividend cut that the stock is telegraphing, it is probably in no man's land and will probably go sideways. Probably not that much downside in the near term, and longer-term it depends on how the fundamentals develop. A lot of people don't want to be there because it is gone from a growth situation to a potential shrinking situation. He would be in no rush to get involved.

entertainment services
Alex Ruus

Portfolio Manager, Arrow Capital Manage...

PricePrice
$8.470
Owned Owned
No

DON'T BUY

He wouldn't depend on the dividend. They are only earning $1, if they are lucky. Advertising revenues are going down. Getting hit on all sides including by Netflix. Thinks the dividend will get cut. There is no growth. If they cut the dividend in half, you are still earning 6%, and he thinks the market is anticipating that. He wouldn't buy this here.

entertainment services

He wouldn't depend on the dividend. They are only earning $1, if they are lucky. Advertising revenues are going down. Getting hit on all sides including by Netflix. Thinks the dividend will get cut. There is no growth. If they cut the dividend in half, you are still earning 6%, and he thinks the market is anticipating that. He wouldn't buy this here.

entertainment services
Brian Acker, CA

Chief Executive Officer, President and Chief Inves, Acker Finley Inc....

PricePrice
$9.000
Owned Owned
No

COMMENT

Owning this is similar to blindfolding yourself, and trying to walk through your house. You can't really see where you are going, but you roughly have an idea of what is going on. On this company, we know the business, we know the assets and we know what they are trying to do, but the challenge is that the industry is going through so much change and it is very difficult to value the assets. There are 2 distinctive unknowns with this. 1.) Valuing the assets and 2) betting on their ability to turn around the business they are focused on. Technically they should cut the dividend, but have no choice as that is what is keeping investors there. Dividend yield of 10.3%.

entertainment services

Owning this is similar to blindfolding yourself, and trying to walk through your house. You can't really see where you are going, but you roughly have an idea of what is going on. On this company, we know the business, we know the assets and we know what they are trying to do, but the challenge is that the industry is going through so much change and it is very difficult to value the assets. There are 2 distinctive unknowns with this. 1.) Valuing the assets and 2) betting on their ability to turn around the business they are focused on. Technically they should cut the dividend, but have no choice as that is what is keeping investors there. Dividend yield of 10.3%.

entertainment services
Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisor...

PricePrice
$9.170
Owned Owned
Unknown

DON'T BUY

It is an industry that is changing rapidly.  The pricing model and paradigms are changing rapidly.  It is difficult to know how valuable the assets in the corporation are and what pricing power they will have.  He thinks the dividend is at risk.

entertainment services

It is an industry that is changing rapidly.  The pricing model and paradigms are changing rapidly.  It is difficult to know how valuable the assets in the corporation are and what pricing power they will have.  He thinks the dividend is at risk.

entertainment services
David Baskin

President, Baskin Wealth Manage...

PricePrice
$11.610
Owned Owned
Unknown

WEAK BUY

Almost 10% dividend.  It specializes in children’s content and woman’s content.  They have too much debt but are paying it down.  Dividend coverage is getting a bit close.  There is a large holding by Shaw so you never know when they will sell more of it.

entertainment services

Almost 10% dividend.  It specializes in children’s content and woman’s content.  They have too much debt but are paying it down.  Dividend coverage is getting a bit close.  There is a large holding by Shaw so you never know when they will sell more of it.

entertainment services
Michael Simpson, CFA

Senior Vice-President, Sentry Investments...

PricePrice
$11.580
Owned Owned
No

DON'T BUY

(Market Call Minute.) The media group has been very tricky and is one he would avoid right now.

entertainment services

(Market Call Minute.) The media group has been very tricky and is one he would avoid right now.

entertainment services
David Burrows

President & Chief Investment Strategist, Barometer Capital Ma...

PricePrice
$11.630
Owned Owned
No

DON'T BUY

Although it has had a huge dip, her preference would be to stay away and wait, because when you get to levels like this, there is a question about sustainability of the dividend. Distribution channels are changing, so they are kind of in a changing landscape.

entertainment services

Although it has had a huge dip, her preference would be to stay away and wait, because when you get to levels like this, there is a question about sustainability of the dividend. Distribution channels are changing, so they are kind of in a changing landscape.

entertainment services
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$11.740
Owned Owned
No

HOLD

It has come down recently mainly because all of the north American broadcasting stocks got pummeled with all the cord cutting.  However they did have advertizing revenue growth and also subscriber growth because of the adding of the DIS-N channels.  He thinks the stock won’t go anywhere but you collect your dividend.  They have to focus on paying down debt and invest wisely so they own more of their content.  The Shaw family is hanging on also.

entertainment services

It has come down recently mainly because all of the north American broadcasting stocks got pummeled with all the cord cutting.  However they did have advertizing revenue growth and also subscriber growth because of the adding of the DIS-N channels.  He thinks the stock won’t go anywhere but you collect your dividend.  They have to focus on paying down debt and invest wisely so they own more of their content.  The Shaw family is hanging on also.

entertainment services
Stephen Takacsy, B. Eng, MBA

Chief Investment Officer & Portfolio Mgr, Lester Asset Managem...

PricePrice
$11.680
Owned Owned
Unknown

COMMENT

After its 1st leg of recovery, as the stock started to go sideways, he sold his holdings. He has a tough time seeing a business pay a 10% yield when they have the challenges this company has. Dividend yield of 9.78% which he doesn’t think is safe, as they should cut it to do better allocation of capital.

entertainment services

After its 1st leg of recovery, as the stock started to go sideways, he sold his holdings. He has a tough time seeing a business pay a 10% yield when they have the challenges this company has. Dividend yield of 9.78% which he doesn’t think is safe, as they should cut it to do better allocation of capital.

entertainment services
Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisor...

PricePrice
$11.520
Owned Owned
No

WAIT

The chart is not looking good. Technically it is in a downward trend. What makes it intriguing is that seasonality starts turning positive around the 2nd week in December, and this moves higher as we get early into the new year. The stock is under attack right now from tax loss selling. Watch for opportunities for it to come under a bit of pressure for a buying opportunity, probably within the next 2 to-3 weeks, after forming a nice little base.

entertainment services

The chart is not looking good. Technically it is in a downward trend. What makes it intriguing is that seasonality starts turning positive around the 2nd week in December, and this moves higher as we get early into the new year. The stock is under attack right now from tax loss selling. Watch for opportunities for it to come under a bit of pressure for a buying opportunity, probably within the next 2 to-3 weeks, after forming a nice little base.

entertainment services
Don Vialoux

Research Analyst, TimingTheMarket.CA &...

PricePrice
$11.560
Owned Owned
Unknown

COMMENT

This has a big fat dividend. One of the negatives is that they have a lot of debt. One of the positives is that they have a lot of the great TV programs. He thinks this stock will continue to bounce around in this area. If they cut the dividend, the stock would probably rally, but if not, you would just continue getting your dividend and do nicely. You could probably nibble at this in the $11 range and Sell some in the $14 range.

entertainment services

This has a big fat dividend. One of the negatives is that they have a lot of debt. One of the positives is that they have a lot of the great TV programs. He thinks this stock will continue to bounce around in this area. If they cut the dividend, the stock would probably rally, but if not, you would just continue getting your dividend and do nicely. You could probably nibble at this in the $11 range and Sell some in the $14 range.

entertainment services
Bruce Murray

CEO & Chief Investment Officer, The Murray Wealth Gr...

PricePrice
$11.670
Owned Owned
Yes

COMMENT

This bought the media assets from Shaw, and media is going through a lot of changes. Content is important. She is not enticed to go into this space other than her holdings of Disney (DIS-N). 9.6% dividend yield is quite high, at any time it goes above 6%-7%, you have to start looking at the cash flow performance of the company and how sustainable it is for the long-term.

entertainment services

This bought the media assets from Shaw, and media is going through a lot of changes. Content is important. She is not enticed to go into this space other than her holdings of Disney (DIS-N). 9.6% dividend yield is quite high, at any time it goes above 6%-7%, you have to start looking at the cash flow performance of the company and how sustainable it is for the long-term.

entertainment services
Christine Poole

CEO & Managing Director, GlobeInvest Capital ...

PricePrice
$11.660
Owned Owned
No

SELL

Hold it only for the big yield.  Radio is declining and is not a great business to be in.  It has held up but he would be nervous if he held it.  He would prefer to go elsewhere.

entertainment services

Hold it only for the big yield.  Radio is declining and is not a great business to be in.  It has held up but he would be nervous if he held it.  He would prefer to go elsewhere.

entertainment services
Bruce Campbell (1)

President, Campbell and Lee Inv...

PricePrice
$11.820
Owned Owned
Unknown

WATCH

Pays a 9% dividend yield. There is probably no short-term danger of it being cut. It has been at a relatively high yield for quite a while. It is a tough environment for them with a tough set of assets. You can hold it for the dividend, but he would be a little nervous doing that indefinitely. If you do, watch it every quarter to make sure there is no further deterioration.

entertainment services

Pays a 9% dividend yield. There is probably no short-term danger of it being cut. It has been at a relatively high yield for quite a while. It is a tough environment for them with a tough set of assets. You can hold it for the dividend, but he would be a little nervous doing that indefinitely. If you do, watch it every quarter to make sure there is no further deterioration.

entertainment services
Bruce Campbell (1)

President, Campbell and Lee Inv...

PricePrice
$12.280
Owned Owned
Unknown

WEAK BUY

In the last month all the broadcasters have come down substantially.  He thinks they will come out with pretty good results over the next few quarters.  There are a lot of cost synergies that they should be able to squeeze out after their Shaw acquisition.  Subscriber growth has been seen over the last year.  You are getting a nice 8.9% dividend that he feels is safe.

entertainment services

In the last month all the broadcasters have come down substantially.  He thinks they will come out with pretty good results over the next few quarters.  There are a lot of cost synergies that they should be able to squeeze out after their Shaw acquisition.  Subscriber growth has been seen over the last year.  You are getting a nice 8.9% dividend that he feels is safe.

entertainment services
Stephen Takacsy, B. Eng, MBA

Chief Investment Officer & Portfolio Mgr, Lester Asset Managem...

PricePrice
$12.890
Owned Owned
Unknown

Showing 1 to 15 of 138 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.

Successfully Saved Company