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National CineMedia, Inc. (NCMI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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1.7700+0.1700 (+10.62%)
At close: 04:00PM EDT
1.7200 -0.05 (-2.82%)
After hours: 07:39PM EDT
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  • D
    David
    NCMI = Money printing machine.
    Ex div in 7 day$.
    Bullish
  • M
    Mike
    I believe this report will be the first of many to come. I believe this report turns the corner for the company and profit returns. With crowds returning to theaters, the number of opportunities to accelerate growth begins.
  • S
    Steve F
    Still a long ways to go to get back to pre-Covid numbers, but everything looks to be on track.
    https://www.macrotrends.net/stocks/charts/NCMI/national-cinemedia/revenue
  • E
    ExtremeHackInvestor
    Newly filed 8K stating the company is diluting the shareholders with an additional 7.5 million shares, which equates to about 9% additional shares if my math is right. It appears these shares will be used for further compensating the members of senior leadership. Does anyone here want to help me spin this into a positive?
  • K
    Kilgore
    From the Sec Filing:

    "These conditions and events raise substantial doubt about the Company’s ability to continue as a going concern."

    Full paragraph follows:

    The Company has borrowings under two Revolving Credit Facilities with $217.0 million outstanding as of June 30, 2022, that mature on June 20, 2023 (see Note 6). The Company does not have available liquidity to repay the full outstanding balance on the date of maturity. Under the Credit Agreement, failure to repay borrowings under the Revolving Credit Facilities at maturity would result in an event of default for the term loans, which would allow a majority of the lenders under the Credit Agreement to accelerate the maturity of the principal amounts of outstanding term loans to become due and payable. It would also result in an event of default for the senior notes, which would allow the indenture trustee or senior note holders of each tranche of senior notes to accelerate the maturity to become due and payable. The Company does not have available liquidity to repay any accelerated principal of term loans or tranches of the outstanding senior notes upon an event of default within one year after the date that the financial statements are issued. Additionally, the Company does not expect to meet its financial covenants within one year following the date that these financial statements are issued. If these financial covenants are not met a majority of the lenders of the Senior Secured Credit Facility are permitted under the Credit Agreement to accelerate the debt which would also result in an event of default for the senior notes. In this event, the Company would not be able to repay the Company’s total outstanding debt balance. These conditions and events raise substantial doubt about the Company’s ability to continue as a going concern. In response to these conditions, management’s plans include amending NCM LLC’s Revolving Credit Facilities to extend the maturity dates, amending its Senior Secured Credit Facility to extend a waiver of these financial covenants, or obtaining additional debt financing through a loan from third parties, and/or NCM, Inc. Management expects to conclude one of these alternatives; however, there can be no assurance that the Company will be successful in completing any of these options. As a result, management’s plan cannot be considered probable and thus does not alleviate the substantial doubt about the Company’s ability to continue as a going concern.
  • W
    Wave
    Just a matter of time. Theaters are making are finally turning the corner. Big things are headed our way soon. Got to love the divy.
    Bullish
  • J
    John
    Why would they waste the cash at NCM Inc. to buy back bonds? The dividend is not sustainable with so little cash.
  • S
    Steven
    it is now up.3 cents
  • P
    PJ
    I don’t know what the expectations were in terms of the earnings but these are absolutely blowout numbers. I’m shocked the stock is an app $.30 after hours. Maybe Wall Street was expecting a miracle. To grow their revenues like they did an earnings is phenomenal.
  • D
    David
    Guys, keep your eyes on the prize. All those ads you see before the movie, that's NCMI.
    That is REVENUE STREAM.
    Bullish
  • P
    PJ
    Solid day, love this company and glad I bought in first time last week. Got in at $1.19, 20k shares and I think this goes to $3.50 in a year. I'm holding.
  • E
    Esso
    2 $ here we come
    Bullish
  • W
    Wave
    Congrats longs. The beginning of something wonderful.
    Bullish
  • P
    PJ
    Good day today. This will keep climbing. Bought 20k shares and I'm holding.
  • P
    PJ
    Is this up because of the article yesterday? I bought 20k shares yesterday based on that, figured why not have a dividend stock in the mix. Nice to see it pop today. Sustainable or short-term?
  • D
    David
    Great earnings beat.
    The drop is a "sell the news" dynamic. Don't sweat it.
  • W
    Wave
    I hope everyone was loading up at the under $1 fire sale. I know I was. This will go big when the theaters start reporting. People are going back. I'm not, I've never been a theater guy. Way to much money to see a movie but millions do and I thank them. Great dividend and the reward is high and the risk is low on this one!.
  • L
    Luckyme
    TipRanks: NCMI a strong buy with $3.25-$4 target.
  • H
    Happy
    Does anybody know what is making this move?
  • S
    Steven
    I bought this stock a couple of week ago and I am liking it.and a divy to boot
    Bullish
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