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Re: Prudent Capitalist post# 100447

Tuesday, 06/21/2022 11:05:24 AM

Tuesday, June 21, 2022 11:05:24 AM

Post# of 138962
Who cares? Lets B Really here.

Price targets are dumb and usually done for the benefit of people too lazy to actually do DD for themselves.

Probably 1.3-1.4 billion for amc revenue here this qtr. Not hard to do the math

Admissions up 15% from 2019
Concessions up 40% from 2019

June going over $1 billion US box office is right back to prepandemic.

AMC is back to being profitable at this point, and they will have a profitable quarter to report for either q2 or q3 latest.


Then december 16th Avatar will cement 2022 as a great year for AMC.

Then realize 2023 lineup of titles is even better.

Wait until the streaming services catch up that they should be running their biggest titles in theaters like adam project, dont look up, etc shouls have been played on the big screen.

And AMC used to pay a 20 cent per qtr dividend up until that pandemic thing happened.
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