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National CineMedia, Inc. (NCMI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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0.6515-0.0436 (-6.27%)
At close: 04:00PM EDT
0.6900 +0.04 (+5.91%)
After hours: 07:59PM EDT
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  • J
    John
    Looks like a restructuring is on the horizon.
  • J
    Jimmy
    Movie theaters are not going away. They are just in the early stages of recovery. There will be ups and downs, but we will look back in a year or two and wish we would have bought more.
    Bullish
  • S
    Steven
    what is going on with this stock
  • P
    PJ
    Wow. Bought this at $1.12 weeks ago and watched it run to over $1.80. Movies ramping up, so are their revenues and profits. Dividend was a bonus but I thought this would run over $2. 20k shares, yet another stock that ran up I should have sold. Not leaving $12k on the table again. Nice stock, not in love with it.
  • E
    Eric Vajentic
    Curious to see what this is going to do over the last third of the year. Can they weather the storm until December and into next year? The Cineworld news is ominous. But, I think as long as they can keep operating through a bankruptcy organization it shouldn't expose NCMI to much risk. Still, the June 2023 debt maturities need to be dealt with. If they can just hang on for the next 6-12 months. Question is, do I want to ride it out? I'm still not sure.
  • D
    David
    NCMI = Money printing machine.
    Ex div in 7 day$.
    Bullish
  • -
    ------
    Who wants a fresh cream pie?
    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.
  • 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
  • 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.
  • 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.
  • 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.
  • S
    Steve F
    Could've done without the regal news.
  • 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
  • J
    John
    Why would they waste the cash at NCM Inc. to buy back bonds? The dividend is not sustainable with so little cash.
  • E
    Esso
    2 $ here we come
    Bullish
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