Ted Graham's  Instablog

The IMAX release grossed $3.3 million from 182 IMAX theatres domestically during the weekend from November 27 through November 29, 2009.  That represents $18,132 per screen.  Pretty good for a holiday weekend.

21% of the film's total domestic fourth-weekend gross of $15.9 million on approximately 3% of the screens.   Tremendous support from Imax customers.

How does this compare to the all time greatest performing Imax movie, The Polar Express?

Playing on 77 screens around the world, the film grossed an estimated $2.53 million over the three-day period from Friday, December 10 through Sunday, December 12.  That represents $32,857 per screen for the weekend.

So, $32,857 for Tom Hanks and the Polar Express vs. $18,132 for Jim Carey and The Christmas Carol.  Even though the Christmas Carol has improved its gross revenue by 50% over the past weekend, it has a ways to go before it can catch The Polar Express Train.



Disclosure: I am long IMAX

DNB

PEG less than 1.

Low P/E 13x

50 day just crossed 200 day SMA.

Reset outlook in August, and the stock corrected.

I am long DNB.

1. Will Avatar meets expectations?

2. Do the cinema partners have enough financing and capital to roll out Imax theaters according to plan?

3.  Insider selling.  Co-CEO's, despite million dollar salaries, need to sell for the first time.  I guess Imax is not getting acquired in the near term.

I am long IMAX.