MissionIR's  Instablog

Send Message
We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices. It is our unwavering commitment to connect the investment community with companies that have great potential and a strong dedication to... More
My company:
My blog:
MissionIR Blog
  • Digital Cinema Destinations Corp. (DCIN) Gets $9 Price Target From Vista Partners; 47% Gain From Current Levels 0 comments
    Apr 25, 2013 3:20 PM | about stocks: DCIN

    Just before the opening bell, Vista Partners announced its initiation of coverage on Digital Cinema Destinations Corp. with a twelve-month price target of $9.00. At the close of yesterday's trading session, the company's stock traded at $6.12.

    Ross Silver, Principal Analyst at Vista Partners, stated, "DCIN is dedicated to identifying, acquiring, and managing solid performing movie theaters via accretive transactions and operates them under the brand name, Digiplex Destinations. DCIN was formed in 2010 to take advantage of the digital disruption taking place within the industry as well as the growing consumer demand for alternative content and its ability to positively leverage fixed theater assets."

    "Management's strategy for DCIN is to continue to acquire cash flow positive theaters within the nation's top 100 markets and boost those theaters' margins through both synergistic operational improvements as well as an increased use of alternative content," Mr. Silver continued. "In the coming years, management has a goal of ultimately expanding to a total of 100 theaters and 1,000 screens in operation."

    The complete research report is available for download at www.vistapglobal.com

    For more information on Digital Cinema Destinations, visit www.digiplexdest.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: DCIN
Back To MissionIR's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.