Well it actually had much higher expectations then the box office delivered. That being said who knows how the deals LGF made work out for property profitability overall. One thing for sure is that Insurgent all together cost about 50 mil more than Divergent. LGFs cost on the film are pretty unknown. It was profitable for us we just dont know how much.
Joe you keep bringing up this $4 a share in earnings for the combined company. I dont get it. The COMBINED/MERGED company would have like 300 mil shares along with debt. That math you put out in another post for LGF stock price if merged with STRZA was based on LGFs share count alone right now. You make it seem like you are just adding STRZA earnings to LGF present share price an thats it. If you are going to add STRZA earnings you got to add their shares. Explain what you doing cause I know you know what Im saying. Thanks.
My age is an issue on down days. On up days its mostly where do I want to order take out from.
See the universe is setting me up for the perfect storm here. On the 20th my 100 june 31 calls expire plus i will be at the rolling stones concert in Pittsburgh pus its the exact day I was introduced to my future wife 3 years ago plus 30 years ago on that day I had my first mountain dew. Also fully loaded on the Sept 33s along with the stock. Sooooo sooner or later the tide changes. Good luck all.
Howdy. What can I say except I dont have much to say. The cc notes available at seeking alpha pretty much spell things out. Plus this company can make each q what they want by shifting and charging etc etc. Im long and have high hopes and see the trend up but in the meantime the huge short hedge position controls this puppy. I do however think that secondary that wasnt even a secondary was crazy and poorly done. LGF got nothing but a stock tank out of it. Good Luck
Age Of Adeline right now has a 54% fresh on RT with 37 reviews in and 20 are fresh while 17 are rotten. Every single rotten review is by a male.
If some almighty higher power would just give my June 31 options the same kind of run strza and ntflx got over the last two months I promise just to sit quiet when my mother tells me the same story over and over and over x 10............ Plus I will take her to her favorite place on earth more often. Olive Garden.
Pretty interesting all these small details happening behind the scenes between LGF and Malone. The latest being that our ceo and Discovery ceo joining the board of Telavisa the same day. Also caught Burns saying he had lunch with Mark the same day he goes on cnbc. Now that Mark has let JPM unload those 10 mil shares for him I wouldnt be shocked if that short interest has dropped by millions when the next report comes out. Not to mention that was an odd insider buy last week. Lots of moving parts going on behind closed doors.
500 theaters or so is like a baby wide release I guess with hopes I imagine to expand which isnt going to happen. In fact I bet its not even around next weekend at all. My thing is with a $50 mil production budget that huge for a LGF film. Now I am sure LGF is only on the hook for so much buttttttt with a budget that high and perhaps even marketing needed to be added to this............ We may be looking at the worlds worse outing ever. No way its ever going to come close to covering costs even with vod, tv, web, whatever. I just cant believe that few a people went to see it. It did like $1000 per screen for all Thur to Sun. You got the Mall Cop flick with a zero % fresh on rotten tomatoes.
I cant believe child 44 cost 50 mil to make and made 600k opening weekend. I knows its not all on LGFs back cost wise but that has to be a record. Considering it also has some big stars. Management sure didnt show much talent putting that dog out. I wonder what marketing cost. Jeeeze
Maybe its a stupid movie what do I know. Im not its target. I think Twilight, HG, and Divergent are stupid movies. I look at buzz and if its set to make a nice profit which it is. And your right LGF DISTRIBUTES some real bad movies. Its what they do. If I feel ashamed about something its that Im in a stock that a hedge fund controls and not the market.
A real small boost considering its entire domestic run box office is predicted at 4.5 mil plus a 500 opening weekend theater count plus a 30% on rotten tomatoes plus a marketing plan that in total is about a few facebook posts. Anyway I am not even sure if LGF has anything to do with this pic in Russia. I also wish that LGF would switch things around and release good movies in theaters and suck movies on demand. Age of Adeline is the next batter up with a shot at actually doing pretty well for the company.
There is either some big behind the curtain plan here or this was the worse company offering - non company offering I have ever seen. Actually there are parts of it that I cant even make sense of. haha
Picked up 100 shares at $32 so they tossed in two tickets for Mocking Jay 2 and a Insurgent limited addition Big Gulp Cup. Was told 200 shares gets you the Vin Diesel Last Witch Hunter 16 oz coconut body oil which was originally set to be distributed with Gods Of Egypt pre ticket orders.
You hire JPM to unload 10 mil shares at 32 to someone who thinks the price is going higher. Days before you cut guidance and the ceo sells. If you are JPM you have to be in on a plan. And the kicker is this isnt even the company selling shares yet they are handling it as if they are. Its a hedge fund selling them. The fund is our largest shareholder and on the board. If this company didnt want the shares to tank they would have done things much different. No one is that stupid.
Thats because the company did not explain nothing and MHR could have just gone to JPM themselves. This is a big mess and has to have been planned. I bet those 10 mil shares plus are picked up by an MHR other hedge fund buddy who is the short position in this stock. It really sticks of back door almost illegal stuff. Lets assume they go to JPM after Malone and the fact they they were on tv pumping this stock and multiple investor presentations in March. So JPM test the waters and puts their reputation on the line to price a good deal at 32. The pr is set to come out today. Soooooooooo 3 days before the ceo dumps shares. Today they down 3 year rolling guidance when they are known for never commenting on it and have ever ever raised it even though we blew out q after q. The stock was at 34 yesterday. They wanted this thing down cause no one is that crazy. The object is to jack your stock up before and offering not down. You think its a in your face for Malone? No way. You think its an in your face for JPM? No way. There is something very nuts about how this is happening. No one handles a sale like this unless its planned that way. I bet this is all a set up to get that short position out of the way.