It's delusional to think AMC valuation is justifiable via fundamentals
Okay let's make some Cinderella fairytale assumptions that are highly bullish in favor of AMC.
say box office goes to record high of $12B - beating even pre-pandemic level of $11B, and we will also take AMC's best quarter in 103 years as the default performance and margin going forward.
In 2019, box office was at $11.3B. AMC revenue was $5.47B. Net profit was still -149Million. But let's ignore that.
With $11.3B on box office, AMC made $5.47B revenue. That means $12B on box office, AMC would make approximately $5.97B (12b/11b = 1.09 x 5.47b = $5.97B).
We will use use AMC's best quarter in 103 years as the default performance going forward. During that quarter, on revenue of 1.41B, AMC made a profit of $12million dollars. That means with the expected $5.97b revenue /1.41b quarter revenue = 4.23 x 12million in profit = $50Million in annual profits. $AMC Entertainment (AMC.US)$
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H-E-T : Your not looking at the whole trade all the movie theater companies are going to be bought out. Do you know nothing about the paramount rule. Down the road not to long from now AMC will merge or be bought out by Amazon, Disney, Apple, or Sony, Paramount who knows but when it happens it will happen pre-market or aftermarket and it will be a huge GAP-UP and if you not in your OUT. And if your short your going BANKRUPT. So your fundamentals don’t mean shit incase your going to include Amazon, Disney, Apple, Sony, Paramount and their fundamentals because basically one of these companies is going to own AMC.
72919001 : what is your problem...
MuscMoo H-E-T : this is just a copy pasta from Reddit that was posted yesterday by a shill. that account does it weekly
H-E-T MuscMoo : Is BigJoey the one I should block?
MuscMoo H-E-T : yeah, he's a moomoo bot
H-E-T MuscMoo : Thanks I will block it I think I have blocked half of the accounts on this stock post board.
MuscMoo H-E-T : me too, I literally have pages and pages......