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Carmike Cinemas Inc. Message Board

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  • j.coolaid j.coolaid Mar 12, 2011 11:31 AM Flag

    For you nervous Nellies

    read RJ report just in...They received 30 million jan 4th, so cash position not likely in those numbers reported Pen...15 million to be used to retire debt...10 cent tax charge for the deal during Q, though says Screenvision ownership added 7 cents itself...Not sure if additional tax charges or if that 10 cents was it all....Rj thought whole deal was worth 5.50 per share...Subtracting from friday close and we net 1.85 per share area for all that existed prior..For that alone I am bullish just from a value standpoint...wish we had options with ckec...I do a lot of that covered call writing in other positions I own..

 
CKEC
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