Replies to post #315 on Eros Media World PLC (EMWP)

[finesand]

long story .. down due to short attack claim, big big drama.
(Hindenburg bla, company sued them - NY court says it is OK to bash a company with unproven claims/opinions lol)

One failed payment, CARE rating down $7 plunge to $1.20'sh

Then a bit of recovery, but ER shows lower revs b/c they
cut off TV to boost Eros Now. Cash flow better though!
Little transition time to Eros Now streaming only.
Cash flow is positive.

Then little $25M loan via notes, which contain $3.59 conversion price,
but also a safety for lender: Alternative conversion after 4 month at VWAP discount.

So down again ..

Now the catalysts are aligned (see pinned DD).

Thesis: Very perfect plunge created benefiting buyers ATM,
now running the ship back up to >= $4 for top conversion price.
This b/c the actor wants shares and company healthy.
The usual steal from retail (o8>

Watched a few days and they did the plunge on the 5min mark T-Line (8ema)
now they run it up same way.

Hope that helps (o8>

EV/R and P/E very cheap, growth will kick in higher on new drivers (streaming video).
Also curious about the deal.
Last but not least CARE will upgrade this year.