InvestorsHub Logo
icon url

newztanz

12/16/18 9:40 AM

#39403 RE: newztanz #39402

Rural population is only 19.7% of the overall populous. I would guess people in these areas have the lowest ticket cost. And I will assume an equal ppercentage of population have the highest ticket prices. Leaving the median of the population 60.6% Being that 80.3% of the poulation lives in urban settings, I believe that this group will be charged an amount above the median cost range of the MP subscription. Sure urban will be charged the most and rural will be charged the least but the mass will bare a cost above the median to render the most incoming money for MP to use to average the expense. This service is an insurtech when it is all said and done. The "policy" to cover cost of attendance "claims" will have to be adequate enough to cover an overall usage ratio of above 2.3 in my opinion . I still feel MP monthly fees fall short of this. But with their current sub count being around 1M I'm guessing their short term goal is to achieve 1 good quarter so they can simple pogo stick back into NASDAQ compliance. As time goes by they will start losing money again and have to crutch back onto shareholders. Perhaps by that time a new set of investors with a higher pps to support the continued losses.
icon url

StockItOut

12/16/18 1:06 PM

#39417 RE: newztanz #39402

Per previous to which there is reply:

Edit: Wow, a misunderstanding. I responded to and used chereb’s numbers. Then used the same month subscription cost with a high city price movie ticket ($17.05)... which is at the target utilization rate which MoviePass previously claimed to want to get to, which is 1.2. Meaning big city users must use at about 1 per month for MoviePass to break even. The implication, unlikely. You’ve assumed I’ve claimed a utilization rate where I only provided example.

As to whether I renew my MoviePass subscription, what effect does MP’s target utilization rate have to do with a subscription if provided as offered....?.... Nothing. I may renew, as I relayed already.

icon url

StockItOut

12/16/18 1:07 PM

#39418 RE: newztanz #39402

One publicly calls another out, yet then forgets upon receiving reply in kind. Myopic.
icon url

StockItOut

12/16/18 1:09 PM

#39419 RE: newztanz #39402

“Anything over 1.0 is a fail,” = wrong! Very wrong!
icon url

StockItOut

12/16/18 1:13 PM

#39420 RE: newztanz #39402

My expectation as MP ramps up again, more city will sign-up, in particular the 3/month users. That will result in MP losses.

Over 1 movie is NOT a guaranteed loss under new subscription, especially if you use the national average ticket price, as some do.