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Everyone is binge-watching Indian films. > EROS is the next bonanza multi-dollars run!!!!!
• Eros International, Inc. (NYSE:EROS) stock rose 44.07% to $4.43 during Monday's pre-market session.
• Tegna, Inc. (NYSE:TGNA) shares moved upwards by 13.25% to $12.65. The most recent rating by Wells Fargo, on Apr 16, is at Equal-Weight, with a price target of $11.
• Remark Holdings, Inc. (NASDAQ:MARK) stock increased by 5.26% to $0.39.
• Genius Brands Intl, Inc. (NASDAQ:GNUS) stock moved upwards by 4.41% to $0.35.
• VEON, Inc. (NASDAQ:VEON) stock increased by 3.09% to $1.67. The most recent rating by JP Morgan, on Mar 11, is at Neutral, with a price target of $2.
There is a 15m (or 13% of OS) share short position that must be covered. You ain’t seen nothing yet.
only 500 share short...... risk .50 to make 1.50
Lol-
$4.64. Would been scared chit if I was short.
Volume is pouring in...
tank at open to fill gap........classic.
$4.55’s hitting. Shorts getting crushed
gap and trap. went short 4.45
glta
$4.35’s hitting premarket. Going to be a big volume day here. Buckle up.
Just watched the gentleman - this is gonna be big $7-$10 to start EROS
$EROS is the game, others will be sold off for this ticket...
Next NFLX... hollywood knows...
January 24, 2020 "The Gentlemen" USA distribution: Miramax
https://en.wikipedia.org/wiki/List_of_STX_Entertainment_films
STX EROS
https://en.wikipedia.org/wiki/List_of_STX_Entertainment_films
Films like
BAD MOMS
DEN OF THEIVES
Also immigrants around the world watch it all the time
all peeps have to do is look at the population of china and india lol even a marginal percentage gain of the market works out good. So whether you are here for a quick trade or longer term keep an eye on it.
agreed also if you check netflix there are few indian and chines titles there so there is streaming market out there for people who are from those countries and watching around the world
Can you imagine when they flip the ad switch? Swimming in fresh revs
indian films do have marketplace just check the listings on netflix
Cultural films definitely have plenty of market place, mostly in their perspective countries
whether India, China, etc
I think its more the Revenues $400M *2019* that is the attraction
not if I or you or the average American will watch or pay for a Bollywood flick l;ol
I get in stocks mid to long term if I believe in the stock, this has potential, only if you believe watching Indian films has a market place. Good luck. Find me the next nextflix, I will buy a boat load.
Founded in 2014, STX Entertainment is a leading independent Hollywood studio focused on producing, marketing, owning and distributing film and television content for global audiences across traditional and digital media platforms. To date, the company has released 34 films grossing over $1.5bn in global box office receipts, including such leading titles as Hustlers, Bad Moms and The Upside. STX Entertainment has a deep global distribution network spanning 150+ countries with world-class partners. STX Entertainment has a differentiated asset-lite, capital efficient business model, unique strategic relationships and well-established access to the Chinese entertainment market. STX Entertainment generated revenue of over $400 million in calendar year 2019.
The combined company, to be called Eros STX Global Corporation, will have a robust pipeline of feature length films and episodic content with powerful, well-established positions in the world’s fastest-growth global markets. The combined company, with $125 million of incremental equity, will boast a strong and revamped capital structure and superior liquidity position at close with $264 million of pro forma net debt, $195 million of pro forma cash balance and $120 million of available revolver capacity as of December 31, 2019. The combined company, which following the consummation of the transaction will be publicly traded on NYSE, will possess a strong management team led by highly experienced executives from both entities.
https://finance.yahoo.com/news/eros-international-stx-entertainment-combine-185900296.html
$EROS STX to Merge With India's Eros International_Worth_Billions
Link:
https://www.hollywoodreporter.com/news/stx-merge-indias-eros-international-1290749
Certainly think so too. I won't be surprised if it goes even more than $7
Eros Now Select available in U.S. through Apple TV
https://seekingalpha.com/news/3560600-eros-now-select-available-in-u-s-through-apple-tv
24 million in volume the last 2 hours of trading Friday. 100 million in volume is 100% doable Monday.
Buckle up...
$EROS This should touch $5 pretty quickly...
If not before open on Monday.
GLTA!
Ha! That would be something...
Wow, I just realized the volume is only 24mil lol. Crazy! Wait til we have 100mil+ tomorrow.
The combined company is expected to generate approximately $50 million in run-rate operating synergies within 24 months of closing, stemming from integration and scale benefits, optimization of global content distribution and enhanced monetization of the Eros Now platform.
EROS
$350 million JP Morgan-led credit facility > Jamie Dimon, American billionaire business executive is chairman and CEO of JPMorgan Chase the largest of the big four American banks, and was previously on the board of directors of the Federal Reserve Bank of New York.
EROS > is the real deal with the largest American bank partnering in their success.
It’s simply massive. 100 million float gonna be a extremely liquid, and big mover Monday.
Looking sweet for Monday. Open over $5?
You might be right. Gonna give it that college try though
well you are gonna have a hard time for your order to go through eors lol
$EORS Just placed an order to double up my shares on this ticker. It's gonna be a beast.
$EORS Here is the Meat & Potatoes of the Deal....read and drool...
https://www.businesswire.com/news/home/20200417005565/en/Eros-International-STX-Entertainment-Combine-Creating-Global
STX Entertainment, the upstart studio known for films such as “The Upside” and “I Feel Pretty,” has raised $700 million in new capital to fuel growth.
The new funds for the 5-year-old Burbank studio, founded by Robert Simonds, are a combination of equity and refinancing of debt, STX Chief Financial Officer Andrew Warren said in a Monday morning memo to employees. The round was led by TPG Growth and Chinese private equity firm Hony Capital.
Targeting anywhere from $8-12 this week
Probably hit $6-$7 Monday
Min valuation $2.5-3.5b with 338M shares fully diluted gives us $7-$10 without the 12M share short squeeze....
EROS - plus JP Morgan backing this with $325 M dollars
It’s quiet on the iHub board... but lots of eyes on this, obviously... #2 on The Lion
http://thelion.com/bin/forum.cgi?cmd=most_searched
Picked some up but I was in red at close... glad I didn’t take the loss...
Amazing close. Picked some up on the merger news power hour Friday. Monday can't come sooner;)
Very strong volume in AH for a Friday. The merger news should take this company to the next level. Bollywood meets Hollywood. Unexpected and significant news. Makes the current $4 price cheap, cheap, cheap in my view.
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