Only disney series...they all decided not to do big movies..would like to see wanner bros data..
Read it properly mate...
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Only disney series...they all decided not to do big movies..would like to see wanner bros data..
Read it properly mate...
There are budget movies certainly will be on streaming....
High end movie...such as wonder women 84...if they put it on streaming...it will lose a lot of money
Let see how it plays..I am confident VGL will be resilience...
Wonder Woman 1984 is going straight on HBO Max the same day its released in cinemas??
Also name a budget film produced by Pixar? They are ALL high end.
VGL may be able to pivot or consolidate what's left but its a definite headwind.
Let's talk about it next year...if VGL does not bounce next year. I vow Not to post again at share trader forum
Vgl is safer than PLX to be honest.
Feb revenue $144m
Half year reported $44m. N it is almost end year. Let say total revenue $80m due to covid.
Current market cap $388m ...that is only 5x its revenue.
Plus VGL has almost $75m cash...
So got to say it is the best undervalued tech stock.
China...some Asian countries,nz and Ozzie ..most cinemas open. Also thier Macs are being used by film producers..
So..I would sit tight till end of next year n this will be my holiday money.
Oz closes at $1.70...
Fundies are accumulating...
VGL heading towards $1.20 again it seems. Harbour Asset Mgmt sold down a bit recently.
I don't hold, but am following. Would have liked a trading update for the 4th quarter..
No worries, see what has happened to Asia: https://www.japantimes.co.jp/opinion...news-everyone/
And it will happen to US, Europe and anywhere else, just a matter of time.
Disc. holding