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Darren McCammon's avatar

No mention of a plethora of blockbuster movie's waiting in the wings to be released?

No mention of a potential Roaring 20's type of bounceback?

No mention of Net Debt and when debt is actually due?

No mention of EPR and other landlords potentially taking a % of receipts instead of just straight cash as rent?

No mention of the production companies needing theatres to survive in order to make their own business models work and thus likely to kick in if necessary?

No mention of AMC taking market share as other theatres fail before they do?

This is just a hit piece that chooses to ignore what is inconvenient to its thesis. The stock is way overpriced, the 2025 bonds are a deal with more than a 16% YTM.

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PE Bird's avatar

Pity that Blockbuster didn't make it to the Super Stonks Market Era, the apes would've taken it to the moon.

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