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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi team, Is there any hope of a price increase on CJR ? I own these shares at a loss in my TFSA, some of them when Shaw dumped theirs to the public 2 years ago. Dividend is good. I do not really need the money but is it dead money? I’m over 70 and am a bit worried about the market right now, so CJR might be safer than new or riskier purchases in the coming months? Thanks.

Read Answer Asked by Denise on September 20, 2021

Q: Hi 5i,
Somehow I let myself get seduced by Corus and bought in some time ago, and I'm now sitting on a fairly large (but so far unrealized) loss in a registered account. I've kept thinking there's potential and I'll at least get to the point where I'm only down 50% and will unload then, but things only seem to get worse. So my questions:
Now that it's so cheap is there any reasonable prospect that Corus might be seen as worthwhile takeover target by anyone out there such that the stock could possibly get a bump, or should I just put that thought down to wishful thinking, take my lumps and put what (little) money I'll get from selling into something with better prospects?
And who might such a white knight be, if you think there could be one?
Thanks,
Peter

Read Answer Asked by Peter on September 08, 2020

Q: I know you generally think Chorus Entertainment has too much debt but do you not think that this company is seriously undervalued in the market? They will generate near $200 million in FCF in 2020/21 even with the Covid-19 hit. They do have $1.65 billion in debt but they have been paying this down with the FCF ($250 million recently) and none of this debt is going to impact them in 2020/21. You factor this in and even with a "possible" dividend cut in June, this stock seems very cheap. I don't own any yet but I keep looking at it and thinking about it. Any other thoughts?

Read Answer Asked by Kevin on May 06, 2020

Q: Wajax and Transcontinental have several things in common : mid single digit p/e, moderately high yield, relatively safe pay-out ratio, and a turnaround in earnings seems possible. Can you think of any other companies whose profile hits the 4 previously mentioned criteria. Thank you.

Read Answer Asked by JACK on January 22, 2020

Q: I regretfully bought both of these stocks for the high dividend payouts. At this point Im sitting at a 50% loss on both stocks. They each represent a decent chunk of my total portfolio. Also they’re in my TFSA. Should I take the loss on these now or wait them out for a bit? Thanks!

Read Answer Asked by Danielle on November 12, 2019

Q: With Shaw exiting Corus and Netflix starting streaming of corus held shows, do you think Corus could be bought out? How big is their debt, bigger than DHX media? If the debt is not too high, do you see it as a potential buyout by a streaming company. It seems streaming is the new thing, replacing cable.
A fair price in a buyout for Corus in the $6.00 range?

Read Answer Asked by Helen on August 29, 2019

Q: Just received a notice from TD re Corus:
TD Direct Investing would like to inform you that the following New Issue has just been announced.
"Corus Entertainment Inc.
Short Description: Secondary Offering of Class B Non-Voting Participating Shares via Bought Deal
Price: $6.80 CDN per share.
Settlement: On or about May 31 2019."
The current price is $8.06 and it hasn't traded at $6.80 in a month.
How can they do this price?

Read Answer Asked by Madeline on May 15, 2019