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March 11, 2020 12:08 pm  #1


Takin' Care of Biznez section

Globe 'n Mail Report on Business financial analysts recommended that investors buy Corus Entertainment (symbol CJR-B) if it drops to below $5 (at the time it was trading in the mid-$5s.     It is currently trading at $3.59.   Does that make it a good "buy" or is the party (almost) over? 

Or is it time to cancel the Globe 'n Mail and go back to Frank magazine?

Last edited by geo (March 11, 2020 12:15 pm)

 

March 11, 2020 5:21 pm  #2


Re: Takin' Care of Biznez section

$ 3.55 at the close today....

 

March 12, 2020 7:45 am  #3


Re: Takin' Care of Biznez section

agreed...

 

March 12, 2020 7:49 am  #4


Re: Takin' Care of Biznez section

We need less bad news and more Happy Capitalism

 

March 12, 2020 9:01 am  #5


Re: Takin' Care of Biznez section

But isn't Happy Capitalism at the root of the problem?
 

 

March 12, 2020 9:41 am  #6


Re: Takin' Care of Biznez section

https://qph.fs.quoracdn.net/main-qimg-b97566a576742694fe4a324ef143e23a.webp

 

March 14, 2020 5:42 am  #7


Re: Takin' Care of Biznez section

Broodcaster wrote:

But isn't Happy Capitalism at the root of the problem?
 

No

 

March 14, 2020 1:28 pm  #8


Re: Takin' Care of Biznez section

geo wrote:

We could use a man like Lou Schizas again

He's not the very last person in the Universe to turn to for valued input in these troubled times, but he's oh-so-close to the end of that lineup.
 

 

March 15, 2020 8:38 am  #9


Re: Takin' Care of Biznez section

Profiting from COVID-19 is the essence of Happy Capitalism surely!

 

March 15, 2020 10:44 am  #10


Re: Takin' Care of Biznez section

Broodcaster wrote:

Profiting from COVID-19 is the essence of Happy Capitalism surely!

Investing in solid Canadian corporations such as Corus Entertainment while shares are affordable is a way to support Canadian employment and keep Canada great still again.    Do you disagree?
 

 

March 15, 2020 11:31 am  #11


Re: Takin' Care of Biznez section

Broodcaster wrote:

Profiting from COVID-19 is the essence of Happy Capitalism surely!

You do realize that profiting is a two way street?  Many people have made and lost good money investing in stocks.   Happy Capitalism the root of the problem?  Not even close.  COVID-19 would be the root of the problem.  Capitalism is an opportunity to make a bad situation better for yourself, your family and many others.

 

March 15, 2020 11:48 am  #12


Re: Takin' Care of Biznez section

Ms. C. wrote:

Broodcaster wrote:

Profiting from COVID-19 is the essence of Happy Capitalism surely!

Investing in solid Canadian corporations such as Corus Entertainment while shares are affordable is a way to support Canadian employment and keep Canada great still again.    Do you disagree?
 

I'm conservative in terms of my own basic investments - the basic ones I'll depend on if I make in into old age. That said, I do see a massive buyer opportunity right about now (or even waiting a bit longer while the solid continues) if one is willing to risk that Covid won't land us in some kind of economic disaster. I'm not sure radio is where I'd plunk my money; in fact, far from it. But in general...

 

March 15, 2020 3:44 pm  #13


Re: Takin' Care of Biznez section

paterson1 wrote:

Broodcaster wrote:

Profiting from COVID-19 is the essence of Happy Capitalism surely!

You do realize that profiting is a two way street?  Many people have made and lost good money investing in stocks.   Happy Capitalism the root of the problem?  Not even close.  COVID-19 would be the root of the problem.  Capitalism is an opportunity to make a bad situation better for yourself, your family and many others.

Surely it would be good for Happy Capitalism to let the masses get the virus and pass on and then come up with a vaccination and charge big bucks for it.

 

March 15, 2020 7:48 pm  #14


Re: Takin' Care of Biznez section

That's an odd comment Broodcaster and I am confused why you would think like that.  There is no cure or vaccine for COVID-19. A vaccine is not a cure, and is likely at least a year away.  Every year people get a flu shot, and still thousands in Canada and millions around the world die from the flu, even those that received a shot.  In most countries the flu shot is of no direct cost to the individual, in other words anyone can get one if they want to at no out of pocket cost.

A vaccination is no guarantee that you won't become infected with a virus, but it can help to prevent infection or lessen the impact.   So your comment about letting people get the virus and die and blaming it somehow on capitalism doesn't make any sense. 

 

 

March 16, 2020 10:25 am  #15


Re: Takin' Care of Biznez section

Offering vaccinations at no cost is socialism surely, not Happy Capitalism

What's next, free medications?

What would the boards of directors of big pharma think of that?
 

 

March 16, 2020 11:02 am  #16


Re: Takin' Care of Biznez section

The "free" flu vaccinations are produced by private companies, or big pharma as you would say. Guess that one somehow sneaked by the board of directors?  Partnering with, and working with universities of medicine, private for profit companies do  research and testing.  It has always been that way, this is how vaccines are developed when there is an emergency health crisis such as COVID-19..
Again your comments are not very logical, sorry. https://cdn.boardhost.com/emoticons3/sleeping.png
  I won't be responding to you any further on this topic, since your posts seem to be going in circles.  And you have not responded to any of the facts put forth.

Last edited by paterson1 (March 16, 2020 11:24 am)

 

March 16, 2020 1:01 pm  #17


Re: Takin' Care of Biznez section

Sorry, I don't want to prolong this either

I guess I should have tried to make the point earlier that historically capitalism has been bolstered by illness and war.
 

 

March 16, 2020 2:46 pm  #18


Re: Takin' Care of Biznez section

Broodcaster wrote:

Sorry, I don't want to prolong this either
I guess I should have tried to make the point earlier that historically capitalism has been bolstered by illness and war.
 

I would agree with this statement. Demand, thus supply, for starters. You have a war, weapons are needed. You have disease, meds are needed. Of course demand is sometimes manufactured through measures ranging from soft (price cutting, promotional campaigns, for example) to middle-range (eg., strong organized lobbying), to hard (egs., bullying, engaging in efforts to promote war, illegal tactics). Part of the answer is an open society, with public accountability and transparency that extend beyond government to include all aspects where power and excessive influence may be exerted. Take lobbying as an example: Some may be fine, some may not be fine. Efforts need to be as visible as possible, with a clear framework of rules. Journalism is supposed to play a role in this...
 

Last edited by Saul (March 16, 2020 2:47 pm)

 

April 1, 2020 11:38 am  #19


Re: Takin' Care of Biznez section

I love the fact this is on Rogers-owned 680 News website.

Corus Entertainment delaying decision on June dividend, reports Q2 profit up

Meanwhile, there's this to ponder:

https://scontent.fybz1-1.fna.fbcdn.net/v/t1.0-9/91774027_10158137432434603_2742267516767174656_n.jpg?_nc_cat=108&_nc_sid=8bfeb9&_nc_ohc=r2UU9gOrrJUAX9F-ZNy&_nc_ht=scontent.fybz1-1.fna&oh=e54cbbd3faa62c86f33c60006bf8d25d&oe=5EA92B2E

 

 

May 21, 2020 3:54 pm  #20


Re: Takin' Care of Biznez section

It's been trading below $3.00  for quite some time (closed @ $2.94 today)
52-week high -- $6.82
52-week low -- $1.78

Advice:  Buy Frank at par (which is about 2 shares of Corus.