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Cinemark Holdings Inc. Message Board

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  • Reply to

    Overbought ?

    by stormfront2020 Jun 17, 2014 10:56 AM

    In reply to your post, I have 2 months of additional data to reflect upon, but I think CNK price can
    improve if its Latin America operations continue to show improved revenues

    If the US and Latin America improve, at the same time, then the CNK multiple will going higher
    due to its ability to generate profits from 2 separate regions of the world.

    I am not selling CNK .......but not adding yet, either. My CNK position avg cost is $ 20.10

  • Recently read in Barron's that CNK is seeing improved movie going metrics from its growing
    Latin America segment ....

    This is good news for 3 reasons

    1) The US movie theater box office data has not been strong this year, overall
    2) Latin America movie attendance have been slow for many quarters & CNK has
    invested large amounts of capital to biuld their Latin American business.
    3) CNK is the lone US theater operator with a significant Latin American presence
    thus this improved region could provide CNK with a catalyst other theater operator
    do not possess.

    CNK should increase in price as Latin America returns to its original revenue trends
    and the US holiday season increases US movie box office sales.

    I expect a strong 2nd half for CNK price movement

36.37+0.18(+0.50%)Dec 19 4:07 PMEST

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