Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 9, 2020 7:55:28 GMT -5
I don't own it...ryash does.
Not in my wheelhouse or point of concentration at the moment. I saw the stock at those low levels and was just making conversation. Looking for mucho dinero in faster and inevitable ramps.
Had I bought it, I would have been looooong gone by now. In my mind, there are other, far steeper growth curves, with much longer runways not dependent on somebody else buying them out.
|
|
|
Post by CardsFan on Jan 10, 2020 5:29:31 GMT -5
FF, I think you buy it, hold it, and wait for it to either bounce bigtime or get acquired. To me, your idea of a "trade" implies a shorter timeframe, a limited gain target. I see more being available. Though it will take a little patience, there is a great story here and investment opportunity with LGF. It is very Buffett, to buy a wounded company like LGF just before it heals up and goes on a run or gets bought for mucho dinero! LPL The WHY is what's most important. I'm an contrarian/income investor and when I buy those stocks, they are almost always long term buy and hold plays. I devote a small percentage of my portfolio to speculative plays, so when I bought Lionsgate, I bought it as a contrarian/spec play. I never thought I'd own the stock long term and I don't plan to. I don't trust it's management. The only reasons to buy it are its production studio and discounted valuation. A few months back I posted some thoughts on its 2019 film slate profitability. Things have actually turned out better than I imagined. 2020 won't be that great a year, comp wise, so i see investors as having two choices. 1. Hold until 2021 knowing the next John Wick and other powerful franchises will have easy comps versus 2020. Or know it will probably be bought out sometime in 2020 because the acquiring firm will want to buy before the next 'Wick' is set ablaze. 2. Take the easy money and run. I'm a bit torn at the moment. Any positive news on Starz growth would cause a significant jump in share price. Are we going to see that in 2020? I don't know. I do know my amazon prime account and disney are advertising discounted Starz packages so subscribership should be up meaningfully, albeit with depressed margins. Since the movie slate did so well in 2019, that margin compression won't seem so bad, and debt service won't be quite as big an issue. When you think about all of that, I'm tempted to buy more. The question for me is, do i want to turn this 'trade' into an investment. I'm not sure. I don't like investing in poor management. That's still an issue for me, despite loving the company's current position. IF I were to buy more, i think it would be to build a bigger spec position. At the moment, I just think I have better uses for those dollars.
|
|
|
Post by ddmac2 on Jan 11, 2020 8:59:58 GMT -5
|
|
|
Post by CardsFan on Nov 13, 2020 0:49:12 GMT -5
Lionsgate just announced strong earnings relative to production shutdowns. They had perhaps the best streaming growth, with Starz, even better than Disney which blew numbers out of water. LGFs numbers are smaller scale of course, relatively speaking, but it’s looking dang good. I’ll be adding more should we see any sort of COVID dip
as always, due your own due diligence
|
|
|
Post by ddmac2 on Nov 17, 2020 16:41:36 GMT -5
price action in LFG-A AND LGF-B in after hours trading:
so far
high for LGF-A is $10.00
high for LGF-B is $9.52.00
|
|
|
Post by CardsFan on Dec 24, 2020 12:36:33 GMT -5
MGM put itself up for sale day before last and is asking at least 5.5 billion. There aren’t many independents left, so that’s likely what pushed LGF higher last few days. I’m still holding hose shares I bought awhile back waiting on release of next John Wick and Hunger Games installments.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Dec 24, 2020 14:45:09 GMT -5
LVS vegas properties $6.0B MGM properties $5.5B
NEXT?
|
|
|
Post by CardsFan on Dec 25, 2020 3:16:51 GMT -5
LVS vegas properties $6.0B MGM properties $5.5B NEXT? I was referring to MGM studio biz, not the casino;) james bond is one of its few valuable franchises, so whatever it gets, Lionsgate should get triple, given LGF’s Starz distribution biz is also doing well
|
|