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AMC Entertainment Acquires Passive Stake in National CineMedia Shares Surge
https://beststocks.com/amc-entertainment-acquires-passive-stake-in-n/
Ready to roll
Nice bottom bounce underway here
They qualify for a 180 day extension. So they may wait it out. PPS should go up. There numbers are all positive again.
Will they make a Reversesplit for 1 Dollar Rule ?
Could be necessary.
bought this stock a few weeks ago and I am liking it.
With a divy to boot
Run hard down is that what you mean lol
NCMI: This might run hard today.
https://pulse2.com/national-cinemedia-ncmi-stock-why-the-price-surged-over-24-today/
$100k buy at the close $NCMI bang bang
$NCMI is starting a bullish reversal here. Heading back up to the $5 range in the next few months IMO
I'm very pleasntly surprised to see the NCMI price jump 20% from the Tuesday closing price of $4.00 to the Wednesday midmorning trading time. The price jumped just over $5 but is now leveling off from that stratoshpheric level.
I watched the price climb slowly but steadily from just below $3.30 a week or two ago. Based on that beta, I din't expect to see $5/share until March, even with another quarterly dividend coming next month.
Very interesting (and personally profitable) action in today's stock price. I took advantage of it to make a sale of NCMI shares and, an hour or so later, a buyback of even more NCMI shares, using the proceeds of the sale.
JUST IN: $NCMI Why National Cinemedia Stock Was Soaring Today
Shares of National Cinemedia (NASDAQ: NCMI) jumped today after the operator of a movie theater advertising network got an analyst upgrade, sparking a wave of bullishness on the beaten-down cinema play. As of 2:58 p.m. EDT, the stock was up 29.4%. Image source: Getty Images. Con...
In case you are interested NCMI - Why National Cinemedia Stock Was Soaring Today
* * $NCMI Video Chart 09-04-2020 * *
Link to Video - click here to watch the technical chart video
interesting play for the rebound of the movie industry (but a little tricky around COVID)
This is the first part of a Forbes article that was published today.
Another high-grossing movie is in the theaters!
These are the first three paragraphs of an Associated Press story that was published less than an hour ago.
Frozen II is Breaking Box Office Records
The biweekly gross receipts of all movies is $560 million for the last two weeks of November, the most recent reporting period. This is a sharp jump from the weekly gross of any other two-week period since late July and early August, when The Lion King was drawing big crowds. The big winner is Frozen II.
Movie audiences are still waiting eagerly for the last Star Wars movie. It's going to be a good quarter for National Cinemedia.
Record quarterly attendance at AMC movie theaters
This was posted on CinemaBlend a month ago. Some of these words were links to other pages.
This is the complete text of a Washington Times editorial published yesterday titled TV networks, Hollywood movies and the Democrats: reruns and reboots
Hollywood has given us countless classic movies over the decades including The Wizard of Oz, Rocky and ET. Television brought I Love Lucy, The Brady Bunch and Seinfeld into our living rooms. The land of make believe however, seems to have run out of fresh ideas. While Friday nights in the 80s showcased the latest trends in clothes, music and cars on Miami Vice, it’s difficult to name a single show on network television now that will serve as such a time capsule for future generations.
In short, contemporary Hollywood appears to have a dearth of original stories. Numerous television shows are simply adapted from movies instead. Among them are The Exorcist, Taken, Limitless and Lethal Weapon.
Not to be outdone, movie writers are scouring TV archives to inspire their celluloid work. Films such as The A Team, 21 Jump Street and Charlie’s Angels all came from the small screen.
Is it laziness on the part of the writers, is it a lack of creative talent or is it simply trying to maximize a “brand” the public recognizes to rise above the din of all the entertainment choices now available to viewers? Probably all of the above.
This column began by referring to Hollywood as the land of make believe, but Washington may be spewing out just as much fiction in 2019 as the left coast. Democrats are generally recognized as having a very cozy relationship with the Hollywood elite, which may explain why they appear to be using the same strategy of depending on reruns and reboots of old stories rather than offering any fresh ideas in their fight against Donald Trump.
In the hours following Donald Trump’s victory over Hillary Clinton in November 2016 Congresswoman Maxine Waters began calling for his impeachment (apparently not understanding that impeachment is reserved for offenses that occur during the term of office, which in Trump’s case wouldn’t begin until January 20 of the next year). She was clearly dissatisfied with the outcome of the election process and wanted to use impeachment as a tool. She was not successful.
Representatives Al Green and Brad Sherman introduced a House resolution for impeachment in late 2017 citing “Associating the Presidency with White Nationalism, Neo-Nazism and Hatred” as the basis for their resolution. Trump is no Nazi and their impeachment effort went nowhere.
For the better part of two years the Trump presidency was the under the cloud of the Mueller investigation, looking at allegations (which as it turned out came solely from a Hillary Clinton/DNC generated dossier) that Trump had colluded with the Russians in order to win the election. During the duration of the investigation a wide variety of high profile congressional Democrats joined ex-intelligence sources in saying they knew of “mountains of evidence” that Trump had indeed worked with the Russians and should be impeached. After interviewing more than 500 witnesses and spending more than $30 million dollars however, The Mueller Report found no evidence that Trump nor his campaign worked with the Russians. The red-faced ex-intelligence officials squeaked “Oops” and impeachment talk faded. Briefly.
2018 also featured the Brett Kavanaugh Supreme Court confirmation circus and a plethora of unsubstantiated wild claims about alleged misbehaviors in his high school and college years. Julie Swetnick fabricated stories of witnessing Kavanaugh and his buddies drugging and gang-raping girls at “about ten high school parties”. When questions were raised as to why she, at that time a college student, continued to attend these parties and why she never said a word to anyone about them, Swetnick began to back pedal. It turned out she had a long history of lying including to her previous employer and to the IRS.
A Rhode Island man claimed an acquaintance of his had been raped by Kavanaugh on a boat way back when. Upon further questioning he admitted he had made it up.
Judy Munro-Leighton lied about being sexually assaulted by Kavanaugh. She turned out to be a left-wing activist who was actually decades older than the Supreme Court nominee and eventually admitted she lied in a ploy to grab attention. She also admitted she lied about sending a hand-written note to Senator Kamala Harris with the details of her fictional rape.
Why the rehash of all this old news? Because the Democrats in Washington have decided, much like Hollywood, with an absence of new ideas, they will spend their time and effort repackaging the old stories. As we prepare to enter the fourth quarter of calendar year 2019 House Judiciary Chairman Jerry Nadler is pressing impeachment of the President. What offense has Trump committed? Staying true to the previous story line, Nadler isn’t sure, but he is certain it is impeachable. Dems want Trump’s tax records. There is no specific allegation about his financial history, they just want to go fishing in hopes of coming up with something to exploit.
Also making a return to the donkey channel are accusations against Brett Kavanaugh. Trumpeted this past week in much of the mainstream media as “new” charges, the salacious allegations had actually been raised during his hearings a year ago and had so little credibility they were dismissed by law enforcement at that time. The short version is that a former Clinton lawyer, Max Stier, said that he heard of an unsavory incident at a college party when both he and Kavanaugh were attending Yale. Stier offered graphic detail. The primary problem with his story is that even the alleged victim says it didn’t happen. The Democrats and their compliant publisher of record, The New York Times, left that detail out.
Not content to simply revisit the meritless cries for impeachment of President Trump and disappointed that the rerun of the Kavanaugh crucifixion didn’t gain traction, Senator Kamala Harris has tossed in one new plot twist. She is conflating the two stories and now mixing in her own empty proposal for impeachment of a Supreme Court Justice. Despite the fact the accusation was dismissed during the Senate confirmation hearings and debunked publicly within 24 hours of resurfacing this year, Senator Harris is calling for the impeachment of Justice Kavanaugh because of it. The California Senator seems to have learned nothing from the Judy Munro-Leighton fiasco. It’s a desperate cry for attention from a flailing Presidential candidate.
Is it laziness on the part of the Democrats, is it a lack of creative talent or is it simply trying to maximize the “impeachment brand” the public recognizes to rise above the din of all the news/entertainment choices available to Americans? Probably all of the above.
Hollywood is well aware that television viewership is declining and movie ticket sales are down. Both can be traced to a limited supply of new ideas. The Democrat party may wish to make a note. Their insistence on reruns and reboots of the same failed narratives are likely to cause a decline in their support as well.
Advertising in movie theaters is growing faster than all other traditional ad formats
This is the entire content of an article publshed yesterday on the CNBC website. Three of these paragraphs included links to other web pages.
More good news for this company! The new movie from Marvel Studios is the largest-grossing movie in all history!! It has a larger income than 2009's Avatar!
I'm keeping my stock in this company. We're headed much higher.
This is a Forbes article published today.
One way to measure the value of this stock is to measure the size of U.S. movie audiences, so for that reason, I'm reprinting a Reuters article published today.
The upward trend is intact. The one-day dip last Friday down to $6.57 at the close didn't go as low as the one-day dip down to $6.44 last Tuesday. The double-bottom around $6.30 is the milestone that this rally will be measured against.
The charts for this stock are very interesting. A double-top from late January until mid-March brought the price down from the high $7 range to the low $6 range, but the one-month chart shows a short-term double-bottom that is now driving the price up. If you look at the one-year chart, it clearly shows a long-term double-bottom which will give the shareholders a long-term rally. I think the price will go close to $8 again.
This is just my 2¢ worth, but I'm happy to be long now.
So now that the Record Date for the dividend has passed, now we're up 10% in one day?
I'm very surprised that this stock isn't rallying. We're less than two weeks away from the next Record Date for the dividend, which has a yield of almost 10% now.
At the bottom of the previous message, I stated the Q1 and Q2 estimates for revenue and earnings. Those were copied verbatim from the Zack's web page.
It appears that Zack's states every estimate for the current quarter as a Q1 estimate, even if the actual first quarter results have already been reported.
If I'm right, the revenue and earnings estimates are for the second and third quarters, even though those quarters are misnamed on Zack's page.
This is the summary of the revenue and earnings estimates from Zack's Research.
The Q1 EPS was 20¢/share, which was a 35% positive surprise.
The estimated Q2 EPS is for a 6¢ loss, but that may have to be revised upwards because of a new business deal that NCMI signed with Pecan Pie Productions. This is the complete text of a press release that was posted April 25th on the NASDAQ website, minus the routine description of National Cinemedia. There were clickable links in the second paragraph.
If you're wondering why NCMI stock is going up this morning, this is the verbatim copy of a CNBC story that was published yesterday and updated less than an hour ago.
Disney still isn't cooperating with the terms of their agreement with National Cinemedia. The Noovie website now includes a clickable button that is labeled "Locate Theaters", but it's nothing more than a scalable Bing map of the United States. There aren't any theaters that can be found on the map, and nothing on the map is clickable.
The website still has the ability to generate an e-mail mailing list, but there is no commitment to do anything with these names.
At the top of the screen, there's a three-button slideshow. The first slide lets you watch a 16-second video that simulates a video game where you shoot a weapon and get rewarded with points and emojis. The second slide lets you download an app called Noovie ARcade from Apple's App Store or from Google Play. The third slide claims to let you try the app, using a clickable "Try Now" button, but clicking on the button only defaults to the same two buttons for downloading the app. Disney's content is only a little less disappointing.
The last Disney disappointment is, at least, obvious at first glance. There are six blurry images of movie cases, and superimposed across them is a corner-to-corner banner that reads, Movie discovery and content coming soon". The "content" is supposed to come from Disney, under the terms of their contract with National Cinemedia, which has provided the website to for the benefit of the potential movie viewers (AKA customers).
These words appear at the lower left corner of the Noovie website. "© National CineMedia, LLC. All Rights Reserved." National Cinemedia is doing its' job. Disney's executives are busy finding out whether Dumbo the Elephant is keeping his big nose clean.
This five-minute video has been watched more than eight million times. In the video, some of the cast members from "Black Panther" take the time to answer questions about the movie.
This is exactly the kind of "behind the scenes" content that could be shown or linked on NCMI's website Noovie. This video was uploaded to YouTube on February 14th by Wired Magazine.
I have no idea why Disney hasn't made a similar video available on the Noovie website. The cast members who appeared in the movie have to be available to Disney. This is an advertisement for the movie, on Disney's website. The web page includes the name "Marvel Studios" (which is owned by Disney Studios and a button that allows anyone to download "an activity packet".
National Cinemedia is living up to the terms of the contract, but Disney isn't.
These are the first two paragraphs of an April 8, 2018 article in the Sacramento Bee titled How 'Black Panther' cruised past 'Titanic' on all-time box office list Remember, Disney is supposed to provide the "behind the scenes" content from "Black Panther" for NCMI's website called Noovie.
Disney is still partnering with National Cinemedia for content and an online marketing tool.
These are the first seven paragraphs of a Hollywood Reporter article that was published last September.
The acquisition of Screenvision that was announced almost four years ago seems to be a done deal as of last week, specifically April 3rd.
with these dividends even reduced the stock is valuable anywhere above these prices, I am accumulating any day it is under $6
They reduced the dividend from 22¢ per share per quarter to 17¢, so the price dropped.
The forward dividend yield is still over 12%, and there are two new members on their Board of Directors.
Here are their Q4 and full-year financial results.
What is going on with this stock ? Bought in at $6.75 and was up for a while...now tanked. Didn’t they beat earnings??
yes that could be true but the fundamentals of the company or solid and the business model is sound, if we take a dip on Monday I will just add more! Buy when they Sell!
NCMI will announce 4qtr results after the close on Monday. I am a little concerned, because it has been declining in price the past few days. IF that trend continues the rest of the trading week, it might indicate potentially bad news on Monday.
It doesn't always work out that way of course, but when a stock price declines several days BEFORE an announcement...it usually means someone inside knows what it is coming.
Hope I'm wrong. We will see how it plays out. Good luck...
I regard the effort to put two SG choices on National Cinemedia's board as positive news. If SC thought that we would crash and burn, they would just sell their shares. Instead, they're working within the system to make improvements, at least in their own mind.
A bad sign for our stock would be a hostile takeover offer. That would really upset the apple cart.
FWIW, I did receive the dividend, but I'm still waiting for the 10-Q for Q4 and the 2017 10-K.
Hope you are right! I invested for the dividend, as they have been an excellent dividend payer. But I will take some strong stock price appreciation as well.
I was getting concerned because they are late with dividend news compared to the last three years.
Good luck...
Not sure what you are referring to regarding the SG matter, but this stock is going to soar and Soar steadily upward imho. Watch & see.
I'm with you. I would like to know about the next dividend also! They are very late with the announcement, it is March 2 already. In the last three years the announcement was made sometime around February 24...give or take a day or two.
The stock has been going up nicely recently, and they have had some positive news, so I would be surprised if the dividend is impacted negatively. But who knows...the SG thing might be upsetting the apple cart so to speak. Hope we hear something soon.
NCMI has paid dividends for years. The last Record Date was late November, and I received a 22¢ per share quarterly payout on December 1st.
The next Record Date should be later this month, but I don't see any sign of it anywhere. Have they suspended or cancelled the next quarterly dividend? If so, is it because of Standard General's formal request to add its' own choices to NCMI's board?
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