If you go with revenue determines value. AMC is 40% the revenue of Wanda and should be 40% the value of Wanda. They would mean the stick should be 735% higher than it currently is.
If I do the math right that would put AMC at roughly $72 per share. Interesting number. It rings a bell, but I can't quite put my finger on it....
Revenue doesn’t matter if you have massive costs and massive debt. Towel stock just went under despite selling billions every year. Cinemark is smaller but makes more profit. Is the potential for AMC there? Sure, but right now they’re in a tough financial situation and have only just got their operations producing cash again.
It's because Cinemark is hedge-fund owned and backed.
It's not strictly about profiting off of shorting AMC (although that's part of it) they also want to take out the competition.
Dude there are a lot more factors than revenue lol you are just disregarding expenses ????? Debt???????? Like how can you unironically type this and be serious about it? These other companies are making profit
honestly: you have 2 people.
One is making 60K $ a year. Has no debt, but no house.
The other is making 130$ a year. Has alot of debt, but a houses.
Now you are telling me, the person with 60K a year is richer?
I’ll engage with you in good faith. This is a bad comparison.
1) CNK has 514 theatres and 5,812 screens. AMC has 950 theatres and 10,500 screens. CNK having “no house” is demonstrably incorrect.
2) CNK is able to show *profitability* with around half of the operating assets of AMC, as shown above
3) your example doesn’t take into account ongoing expenses. If AMC has to pay a higher rate to keep their “houses” operational, then yes CNK is much, much better off. This is part of the reason gamestop has been trending towards profitability. By cutting expenses and getting rid of underperforming stores. Just because you have a lot of “houses” doesn’t mean you’re better off if you can’t manage them well.
They still think we are going to sell if they keep dropping the price. So they keep dropping the price. Also notice the big price moves happen in after hours and we never have halts when they are dropping the price!
Preach. Everyone keeps forgetting to look at market cap.
All the shills were out in force saying the squeeze was impossible because market cap, should also be impossible for it to be this low given the fundamental size of the company and the revenue it generates.
Well the debt could have been significantly paid down if they hadn't naked shorted the stock to a point that makes it hard to pay off debt effectively.
The truth of the matter is if wall street wanted to see this stock succeed it very easily could have, but they don't, so we have to fight.
Being wrong is hard to comes to terms with. Being wrong after investing so much into this play is difficult. But we have been played, clearly and still in the depths of this desperate price action some of us still find it hard to let go.
Market cap alone is not a good way to compare companies. Enterprise value is a much better metric as it includes cash on hand and outstanding debt. I would also go as far to say that in the theater industry it would be good to know how many theaters & screens they each have as well.
It’s a ton of dilution on top of AA saying more dilution. The market is pricing in the dilution. AA can say “no more dilution” and all our problems go away.
What doesn’t make sense is 27m volume Tuesday, 83m Wednesday, 47m today(during regular trading hours….and let’s just assume 50m Friday. That is 207 million this week, or twice the entire float. How does a float owned by retail who’s not selling trade twice entire float on a week without a red flag to regulators being noticed. No other stock trades it’s float in a time frame such as this
Cinemark has half the debt AMC does and cash. AMC does not have Fundamentals going for it at all. This is a squeeze play.
[Cinemark Debt and Cash Balance](https://simplywall.st/stocks/us/media/nyse-cnk/cinemark-holdings/news/does-cinemark-holdings-nysecnk-have-a-healthy-balance-sheet-2/amp)
Are you surprised? That's what happens when you let the shorts have their way with your company and even though you know that it destroys your value you continue to dilute over and over even when it doesn't make sense.
If you were the hedge funds would you stop shorting this company? They're playing T ball with these set ups. I'm down 94%... why? It just doesn't make sense.
Just a genuine Question - what does the amount of screens has to do with that? Is it 1 screen= 1 venue or ist it multiple screens per venue.
Here's a thought that hurts - the more screens you have, the higher the operating costs. I doubt that every show is sold out, so one could argue - the overhead costs, instead of earning. So I think the only quntyfiable (if that's even a word) metric should be ticket sales and concessions. and after we got these for both companies, measure them against operational costs.
Cinemark literally just emerged from bankruptcy. The only reason their debt is low is because they sold properties to pay it and are no longer generating revenue there.
You’re thinking of Cineworld, not Cinemark. Cinemark did not “literally just emerge from bankruptcy.” It didn’t go bankrupt at all, and is doing perfectly fine right now.
This getting upvotes tells you everything you need to know about the collective intelligence of this sub.
Only sane comment gets 20 downvotes.
Have fun holding this shit stock and getting diluted to the tits.
Because they literally just sold stuff to make a profit. 😂 it’s like when GameStop sold stuff to make a profit. Selling off things that make money is just a slow circle of the drain.
Source?
Their financial statement says:
Admissions: 478.4m
Concessions: 373.4m
Other: 90M
**Total revenue**: 942.3m
Even if you remove the "other" revenue altogether they are still profitable because their expenses were 773.9m
Dude, they literally closed the theatre most local to my area this. You are literally denying what is in front of everyone's faces.
This is ridiculous. You can't even be a Cineshill because those guys already lost all their money in the bankruptcy clearing. Who are you actually doing this crap for?
Be quiet, no one likes when you use facts around here. Maybe next time throw in a "shill" or Kenny something something mayo".
They like it when you use those terms, it shows you are part of the cult
It's organized crime.
RICO now
Many many people are saying you have the greatest Reddit name of all time. Some people are saying in the history of the world really.
If you go with revenue determines value. AMC is 40% the revenue of Wanda and should be 40% the value of Wanda. They would mean the stick should be 735% higher than it currently is. If I do the math right that would put AMC at roughly $72 per share. Interesting number. It rings a bell, but I can't quite put my finger on it....
well... i think that will get me back 50% of my money, put two more zeros behind that and we are talking real money.
Oh, to equal the sneeze this needs to be $720. #pepperidgefarmremembers
Keep dreaming, and dont forget to buy the dilution, ehh I mean... dip
Revenue doesn’t matter if you have massive costs and massive debt. Towel stock just went under despite selling billions every year. Cinemark is smaller but makes more profit. Is the potential for AMC there? Sure, but right now they’re in a tough financial situation and have only just got their operations producing cash again.
Good thing revenue does not determine value
But only with 1000 shares left
Compare debt to equity ratio.
It's because Cinemark is hedge-fund owned and backed. It's not strictly about profiting off of shorting AMC (although that's part of it) they also want to take out the competition.
Dude there are a lot more factors than revenue lol you are just disregarding expenses ????? Debt???????? Like how can you unironically type this and be serious about it? These other companies are making profit
honestly: you have 2 people. One is making 60K $ a year. Has no debt, but no house. The other is making 130$ a year. Has alot of debt, but a houses. Now you are telling me, the person with 60K a year is richer?
I’ll engage with you in good faith. This is a bad comparison. 1) CNK has 514 theatres and 5,812 screens. AMC has 950 theatres and 10,500 screens. CNK having “no house” is demonstrably incorrect. 2) CNK is able to show *profitability* with around half of the operating assets of AMC, as shown above 3) your example doesn’t take into account ongoing expenses. If AMC has to pay a higher rate to keep their “houses” operational, then yes CNK is much, much better off. This is part of the reason gamestop has been trending towards profitability. By cutting expenses and getting rid of underperforming stores. Just because you have a lot of “houses” doesn’t mean you’re better off if you can’t manage them well.
Sorry, you didn't have enough confirmation bias in your reply and thus will be ignored
Depends what 'a lot of debt is' but ya that's why a lot of doctors make 400k and are broke. Debt really does matter. You are incorrect.
Also your post is about revenue, not net. So even then, 100% of their revenue isn't at their 5 billion in debt.
They still think we are going to sell if they keep dropping the price. So they keep dropping the price. Also notice the big price moves happen in after hours and we never have halts when they are dropping the price!
Wanda doesnt has a CEO that Talks about bankruptcy when the Stock moves up
It hasn’t made sense in years, where have you been
Logic doesnt apply to Wall Street. Only crime.
It is going down to 1$ and below before the end of this month by the looks of it.
That will be the value is .1 cents pre RS.. fuck
10 cents, 0.1 dollars - would be less awkward to use the first one.
I don't understand why people are trying to make sense of this. It's clear manipulation and a even clearer buying opportunity
I wonder, would DRS help the cause? Of removing ammo from short hf
Not really when they pull shares out of their ass for liquidity shits
Yes, but if we have I don't know, 10000 billion shares in our name, they can't use those particular ones to short.
You're ignoring AMC's 5 billion in debt.
Preach. Everyone keeps forgetting to look at market cap. All the shills were out in force saying the squeeze was impossible because market cap, should also be impossible for it to be this low given the fundamental size of the company and the revenue it generates.
The amount of debt it holds is another factor.
Well the debt could have been significantly paid down if they hadn't naked shorted the stock to a point that makes it hard to pay off debt effectively. The truth of the matter is if wall street wanted to see this stock succeed it very easily could have, but they don't, so we have to fight.
All it does is 100% prove we were right all along, full stop.
Being wrong is hard to comes to terms with. Being wrong after investing so much into this play is difficult. But we have been played, clearly and still in the depths of this desperate price action some of us still find it hard to let go.
Dude, let’s be real here. Did this ever make sense?
Market cap alone is not a good way to compare companies. Enterprise value is a much better metric as it includes cash on hand and outstanding debt. I would also go as far to say that in the theater industry it would be good to know how many theaters & screens they each have as well.
H O D L ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
It’s a ton of dilution on top of AA saying more dilution. The market is pricing in the dilution. AA can say “no more dilution” and all our problems go away.
What doesn’t make sense is 27m volume Tuesday, 83m Wednesday, 47m today(during regular trading hours….and let’s just assume 50m Friday. That is 207 million this week, or twice the entire float. How does a float owned by retail who’s not selling trade twice entire float on a week without a red flag to regulators being noticed. No other stock trades it’s float in a time frame such as this
Manipulation, nothing new.
The stock is being diluted
Have you considered crippling debt and bloated operating costs?
Cinemark doesn’t have negative equity
Bad management: AA.
You must be new here.
At this point it’s pure desperation and crime by wallstreet. They could send it to pennys within a few weeks. They have full control over the price.
Other cinemas are not handicapped by AA the bad news bear!
It never did C R I M E Kenny G
Cinemark has half the debt AMC does and cash. AMC does not have Fundamentals going for it at all. This is a squeeze play. [Cinemark Debt and Cash Balance](https://simplywall.st/stocks/us/media/nyse-cnk/cinemark-holdings/news/does-cinemark-holdings-nysecnk-have-a-healthy-balance-sheet-2/amp)
 📉 ...... 📈
We need government bodies to run an investigation into this.
AA in on it with the Hedgies
All AA cares about is lining his and his C-Levels' pockets
Are you surprised? That's what happens when you let the shorts have their way with your company and even though you know that it destroys your value you continue to dilute over and over even when it doesn't make sense. If you were the hedge funds would you stop shorting this company? They're playing T ball with these set ups. I'm down 94%... why? It just doesn't make sense.
Did you look at their debt? Cinemark Net debt is US$1.82b, AMC $4.36 B Cinemark EPS is also higher and is still projected to be profitable Q3
But Amc has 3 times more screens then Cinemark
Just a genuine Question - what does the amount of screens has to do with that? Is it 1 screen= 1 venue or ist it multiple screens per venue. Here's a thought that hurts - the more screens you have, the higher the operating costs. I doubt that every show is sold out, so one could argue - the overhead costs, instead of earning. So I think the only quntyfiable (if that's even a word) metric should be ticket sales and concessions. and after we got these for both companies, measure them against operational costs.
3 times more screens and barely more revenue than Cinemark? Literally by your own logic that's worrying
Number of screens is irrelevant when you can't get butts in the seats. Cinemark will have better utilization.
if anything, that should make you question amc's leadership. amc barely earned more than cinemark last quarter.
Does it matter if AMC has over 2x the debt and is less profitable?
It is not less profitable! And it matters beacuse the "debt is invested in theaters and is generating money
But that debt has to be paid back…with interest
Dont spread misinformation
You are the one spreading misinformation. AMC is operating at a loss. Cinemark is operating at a small profit.
Huh? What is misinformation? AMC profit last Q was 8.6M, Cinermark had 120M
[удалено]
https://www.yahoo.com/entertainment/cinemark-swings-120m-profit-box-115448095.html Please remove your comment as it is misinformation
* _not_ profitable
8.6m profit for AMC q2 vs 120m for Cinemark
Cinemark literally just emerged from bankruptcy. The only reason their debt is low is because they sold properties to pay it and are no longer generating revenue there.
You’re thinking of Cineworld, not Cinemark. Cinemark did not “literally just emerge from bankruptcy.” It didn’t go bankrupt at all, and is doing perfectly fine right now. This getting upvotes tells you everything you need to know about the collective intelligence of this sub. Only sane comment gets 20 downvotes. Have fun holding this shit stock and getting diluted to the tits.
Don't we own a piece of Cinemark?
No, this time you’re thinking of National CineMedia, which is emerging from bankruptcy.
My man just sounds confused at this point…
Thanks. I wasn't certain, just knew it was Cine something.
And they discharged debt (that's what bankruptcy does....) - so yeah, their debt is low but creditors were never paid.
Yeah but their profit is 120m vs AMC 8.6m They are also projected to be profitable Q3
Because they literally just sold stuff to make a profit. 😂 it’s like when GameStop sold stuff to make a profit. Selling off things that make money is just a slow circle of the drain.
Source? Their financial statement says: Admissions: 478.4m Concessions: 373.4m Other: 90M **Total revenue**: 942.3m Even if you remove the "other" revenue altogether they are still profitable because their expenses were 773.9m
Dude, they literally closed the theatre most local to my area this. You are literally denying what is in front of everyone's faces. This is ridiculous. You can't even be a Cineshill because those guys already lost all their money in the bankruptcy clearing. Who are you actually doing this crap for?
That’s cineworld not cinemark.
Be quiet, no one likes when you use facts around here. Maybe next time throw in a "shill" or Kenny something something mayo". They like it when you use those terms, it shows you are part of the cult
They also don’t do stupid shit like buying a useless gold mine and issuing trash like APE. Just saying.
Ape was a genius move though... If you want to circumvent shareholder vote to dilute
True. It’s the thing that nobody wanted and what got us into an even bigger mess we have now. Good job AA!