Replies to post #21310 on AMC Entertainment Holdings Inc (AMC)

[Nebuchadnezzar]

game over? if it doesnt pass? the NO vote is so they go back to the table and reduce it to say 150M-250 shares at most. Plus its AS shares, not a direct capital raise. the more you post here, the more i feel like i should add.

[sirglenn]

They do have long term challenges, but let's see what happens when they get that 5 billion in revenue pumping them backup and they get to explore new opportunities with new partnerships. Today's moves are pure channel trading that usually happens before a sudden shift happens. Let's face it - a lot can happen between now and May 4th. You know what's coming.

[Nebuchadnezzar]

are you a tax accountant? i know a couple of people that work for Grant Thorton and i asked them to look into AMC's tax situation, income statements, balance sheet, etc since they raised the $2.2 billion.


AMC is the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 1,000 theatres and 11,000 screens across the globe. AMC has propelled innovation in the exhibition industry by: deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, web site and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming. AMC operates among the most productive theatres in the United States' top markets, having the #1 or #2 market share positions in 21 of the 25 largest metropolitan areas of the United States. AMC is also #1 or #2 in market share in 9 of the 15 countries it serves in North America, Europe and the Middle East. For more information, visit www.amctheatres.com.

[MastaBeta]

With respect, AMC still has 50 million shares they can issue when that 500 mil is voted down. Once that no vote is announced and this starts taking off, AMC can sell all those shares around $200/sh to covering shorties like yourself and make a cool $8 bil to pay off all debt and STILL double current cash position.

At least, that's what I would do.

[Nebuchadnezzar]

$AMC 5 yr revenue Trend

2016 $3,236,000,000
2017 $5,079,000,000
2018 $5,461,000,000
2019 $5,471,000,000

2020 $1,242,000,000-- COVID

looks like the movie business was doing just fine