Vancouver PPM May 26, 2014 - August 31, 2014

Vancouver PPM ratings 2+

Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Tom Jeffries » Fri Sep 12, 2014 5:05 pm

CORUS are burning the furniture, to keep the ship running. Check their numbers - they are online .pdf style.....and since it is a public company, they have to show you the (shrinking) bottom line. It's terrifying for these companies carrying HUGE overhead. No wonder the staff cuts keep on coming.

Local advertising sales, suck.

It's going to be a long haul in Retail, ergo, radio and advertising driven business, is going to be cut throat.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Howaboutthat » Fri Sep 12, 2014 6:34 pm

Tom Jeffries wrote:CORUS are burning the furniture, to keep the ship running. Check their numbers - they are online .pdf style.....and since it is a public company, they have to show you the (shrinking) bottom line. It's terrifying for these companies carrying HUGE overhead. No wonder the staff cuts keep on coming.

Local advertising sales, suck.

It's going to be a long haul in Retail, ergo, radio and advertising driven business, is going to be cut throat.


FFS!! This is the third or fourth time you've bleated about the Corus financial situation, but never posted any links to back it up. Why is that? ('It's available in pdf style'.) So's my apple pie recipe. If it's as bad as you claim it is, I thought you'd want all to see. Or is it an ongoing case of sour grapes. (And some pics of burning furniture would be nice)
Last edited by Howaboutthat on Fri Sep 12, 2014 6:36 pm, edited 1 time in total.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Mike Cleaver » Fri Sep 12, 2014 6:35 pm

The money demo is in columns 3 and 5. 12plus is about as useless as 2plus as far as advertisers are concerned.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby tuned » Sat Sep 13, 2014 12:19 pm

Eleven analysts follow Corus stock. The average rating is a "hold". It pays dividends that give you a 4.47% return. So the sky isn't falling.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Tom Jeffries » Sat Sep 13, 2014 2:06 pm

I will stand by my statement. The CORUS CORP cut 2% of the company, and barely made their numbers last quarter. The revenue in radio has been falling steadily.

If this was a decent investment it would be a 'buy". I guess if you are happy with 4%, it's good. I just see some shaking in the foundations and it is because of the latent weakness in the Canadian economy. ALL media is being affected.

I take no joy in any of this.....people's livelihoods are on the line....so hope the Company keeps getting stronger.....but.....we shall see.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby tuned » Sun Sep 14, 2014 10:34 am

If the sky was falling there would be "sell" recommendations. Cutting 2% off the overhead might be good for the company. 4.47% is 400% more than you'll get from a savings account where the interest is 100% taxable. Dividend income is taxed at a much lower rate. Radio is still a great business with a high barrier to entry. Until the masses change their behaviour and stop listening it will continue to be a great business. My advice to anyone unhappy with the current state of affairs in radio is to turn it off. I never listen to music stations. Ever. There is no reason to unless you want lots of ads and inane banter. I listen to 1040 because it's live, local and has high quality content. I listen to Phil Hendrie, Tom Leykis and Bill Wattenburg via podcast or in the case of Leykis live on tunein. All three of the hosts used to be on terrestrial radio. Corporate radio is boring radio. As the corporate owners have gotten bigger the product has gotten worse. Corporate radio is all about not offending anyone and keeping advertisers happy. But people keep listening.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Bigbangboom » Sun Sep 14, 2014 1:42 pm

Howaboutthat wrote:
FFS!! This is the third or fourth time you've bleated about the Corus financial situation, but never posted any links to back it up. Why is that? ('It's available in pdf style'.) So's my apple pie recipe...


I'd like to see that apple pie recipe. Please post the link to the PDF.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Howaboutthat » Sun Sep 14, 2014 3:31 pm

Bigbangboom wrote:
Howaboutthat wrote:
FFS!! This is the third or fourth time you've bleated about the Corus financial situation, but never posted any links to back it up. Why is that? ('It's available in pdf style'.) So's my apple pie recipe...


I'd like to see that apple pie recipe. Please post the link to the PDF.


http://www.denisehunterbooks.com/recipecard.pdf
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Tom Jeffries » Sun Sep 14, 2014 5:04 pm

CORUS STATEMENT (really hard to find - try google)
It's a public Company and they have to show their bottom line.

http://files.corusent.com/finances/quarterlycall/2014/q3/icjwenxxiwe/lwkerjxme_14q3shareholdersreport.pdf

I just put up what I read - I hope it doesn't impact you.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Bigbangboom » Mon Sep 15, 2014 6:09 am

Tom Jeffries wrote:CORUS STATEMENT (really hard to find - try google)
It's a public Company and they have to show their bottom line.

http://files.corusent.com/finances/quarterlycall/2014/q3/icjwenxxiwe/lwkerjxme_14q3shareholdersreport.pdf

I just put up what I read - I hope it doesn't impact you.


What's doom and gloom about a 4.3 million dollar profit per month? I'd take that. Corus has 50ish radio stations and will earn 48 million profit annually. Why burn furniture?
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Tom Jeffries » Mon Sep 15, 2014 7:42 am

Check the dropping income on RADIO side.

That's what I was referring to.

Sorry if I didn't make that clear.

In any case, that's what I read.

Cheers.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Coolcat » Mon Sep 15, 2014 10:57 am

Bigbangboom wrote:
Tom Jeffries wrote:CORUS STATEMENT (really hard to find - try google)
It's a public Company and they have to show their bottom line.

http://files.corusent.com/finances/quarterlycall/2014/q3/icjwenxxiwe/lwkerjxme_14q3shareholdersreport.pdf

I just put up what I read - I hope it doesn't impact you.


What's doom and gloom about a 4.3 million dollar profit per month? I'd take that. Corus has 50ish radio stations and will earn 48 million profit annually. Why burn furniture?


Obviously you are not familiar with how financials are read. If you look at the radio side- although they made a profit the year over year comparisons are drastically down in 2014 and this is not good news. Look at the TV portion to see how it should look.

Financials are published by a company to show growth and long term stability and radio numbers like this dont show either.

Their only choice is to increase sales or reduce expenses and one is a lot easier to do than the other. I will let you guess which one.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby Tom Jeffries » Mon Sep 15, 2014 1:27 pm

Thank you, Cool Cat.

The erosion on radio side meant having to cut 2% of the entire DIVISION. That is not to bring in any of CORUS's other diverse holdings.
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Re: Vancouver PPM May 26, 2014 - August 31, 2014

Postby pave » Tue Sep 16, 2014 2:58 pm

I would have to agree that radio's sky is not falling.
But, I do insist the ground is shaking and moving up.
Radio's share of available ad revenues is definitely dropping as is overall listenership.
New, younger listeners are not being brought on board.
Older and affluent listeners continue to lose interest.

The tragic irony is that all of these situations could be corrected.
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