Media said “Vista Group fell 7.5% to $1.36, a day after it posted a $20.9m annual net loss in its full-year result results. “
Must be getting close to all low
Could be a desperate seller needing weekend cafe/restaurant spending money as there is a absence of buyers...or a "fat finger incident" or it could have a faint smell attached to it, which Thursday or Friday are good days to do it. ..
Lets see what happens over the next few (trading) days..
Funny that the report actually did not mention any loss
Don't rely on media reports to inform about everything. They are there to satisfy the skim readers..If you are short of time it is better to download the Annual Report and skim read that. The group overview on page 6 / 85 shows the Net profit loss very clearly.
i disagree too This link tells the story...however the 2022 film release figures are already out of date as Avatar is currently the 3rd highest grossing movie of all time and is currently at 2.6 B. Surprisingly "Movie mad" China (Wasn't it in lockdown???) spent 56M on opening, 2nd place behind USA.
Top Gun: Maverick is 12th highest grosser.. This indicates that Cinema is still alive and doing surprisingly well all things considering.
Bull...I have seen 17 of those top 20 movies..all very entertaining top quality movies and well worth the watch..
its not about the quality of some movies and un doubtably some do very very well its the quantity of good movies. movie theatre's need quality volume to keep the punters going every week. sadly the volume of quality is thin thats why it will be a struggle for theatre's on going.
even the straight release to streaming is not helping
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