InvestorsHub Logo
Followers 4
Posts 164
Boards Moderated 0
Alias Born 08/05/2006

Re: Seekingalphacontributor post# 4910

Saturday, 06/07/2014 2:02:24 AM

Saturday, June 07, 2014 2:02:24 AM

Post# of 6062
First off let me preference this by saying that it the present price levels I feel that NGHT is very fairly priced and possibly even oversold.

That being said it's simply ludicrous to compare NGHT to SFXE as far as revenue to price ratios are concerned.

SFXE owns numerous very profitable festivals, real estate, Beatport and A very successful and profitable merchandising company.

NGHT is a small business at the end of the day. The only thing that counts here is profits not revenue.

I do believe that the something wicked show is worth $2 million or more and that NGHT will turn stereo live operations around and become profitable.

I would love to see some management guidance as to what the increased promotion expenses were and how they are calculated.

I have my own theory's but I'm not going to post something that would amount to conjecture.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.