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Pieceomymind

Pieceomymind
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  • Ballantyne Strong Should Reinstate The Stock Buyback [View article]
    Robert - you were correct and as a result we alerted management/legal counsel and they re-filed a few of the Form 4s, which now reflect some of the open market purchases

    Here's link...http://1.usa.gov/ZC27cN

    -P
    Mar 28, 2013. 10:25 AM | Likes Like |Link to Comment
  • A new report forecasts explosive growth in the number of pay TV households in the Asia-Pacific region with revenues expected to jump by $12B in the next five years. The conversion from analog TV to digital is a major source of the revenue potential in nations such as the Philippines, Thailand, Indonesia, and Vietnam. What to watch: Though edging into China could be tricky, content players such as HBO (TWX), AMC Networks (AMCX), and Disney (DIS) could see a boost while the trend also has interesting implications for Netflix (NFLX). [View news story]
    One way to invest in the explosive growth in pay TV households in China is via Nasdaq's YOU on Demand (YOD). The US-based Company is the first national PPV (Pay-Per-View) and VOD (Video on Demand) platform in China, featuring Transactional (TVOD) and Subscription (SVOD) services. They have secured Chinese government approval (via a long-term license from China Home Cinema - CHC), content (from leading Hollywood Studios and China-produced titles) and distribution via Cable MSOs (regional providers) in China.
    Mar 27, 2013. 09:20 AM | 1 Like Like |Link to Comment
  • Ballantyne Strong Should Reinstate The Stock Buyback [View article]
    I confirmed with the Company that there were multiple Form 4s filed, and the CEO and two Directors did make recent open market purchases

    There were also separate transactions that were grants of restricted stock
    Mar 25, 2013. 09:49 AM | Likes Like |Link to Comment
  • Ballantyne Strong Should Reinstate The Stock Buyback [View article]
    CEO just purchased 10K shares in open market @4.08 and Director also purchased 18K shares recently
    Mar 22, 2013. 11:46 AM | Likes Like |Link to Comment
  • Tuesday: A Good Day to Short the Cinema [View article]
    On positive side, Carmike has been closing many of its older and smaller underperforming theatres, opening new builds and using free cash to de-lever

    In Q4, announced a profits interest in on-screen advertising leader Screenvision and also got $30 mm cash after signing a 30-year deal to stay on as a customer of theirs

    Movie box is off to difficult start in '11 but slate looks much better starting in Q2 with lots of recognizable franchise titles and other high-profile releases

    -P
    Feb 16, 2011. 09:04 AM | Likes Like |Link to Comment
  • Ten Stock Picks for 2009 [View article]
    If you like IMAX, another related stock you may want to take a closer look at is Carmike Cinemas (CKEC)

    They are the clear leader in digital and 3-D movie theatres - 94% of their theatres (of close to 2300 total) are digital equipped and 502 are 3-D enabled (only ~1300 total in the US)

    Hollywood studios are very much behind 3-D, with over 25 films now slated for release before Christmas '10

    Also of note:

    * This week the BCS College Football Championship is being broadcast live in 3-D at select theatres around the country (81 total theatres, 35 are Carmike's) - first time for national footprint of this magnitude for live sporting event; also planning to do this for Saturday Night Live before NBA All-Star Game in mid-Feb.

    * 3-D and other special events allows for incremental pricing (upcharges of $2.50+), increased attendance and better concessions

    * CKEC is focused on delevering - stock got weak when they suspended paying dividend late last year, but now free cash flow is going toward paying down bank debt

    * Mark Cuban has been accumulating a position (up to 9.4% of the outstanding per recent filing) - announced last week; CKEC has small float - only 12.7 mm shares

    * Another investor, Bigfoot Holdings, has also been aggressively buying since filing a 13-G last year and they have over 1.8 mm shares
    Jan 7, 2009. 09:28 AM | Likes Like |Link to Comment
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