Everyman Media Share Discussion Threads

[qs99] 17/1/2025 10:26

I would broadly agree with that, they need to get net debt down to c.£10m though IMO while ensuring cinemas are up to date. I've always wondered who much more they could do "out of normal hours" i.e. during the week mid-day for elderly, schools, mums & bumps/kids etc etc....

[qs99] 17/1/2025 08:12

£46m equity & £18m debt which they want to "materially reduce over 2 years"

£16m EBITDA, with softening spend in market, BUT, 2023/4 year was impacted materially by writers' strike, so is £16m EBITDA the base case or is it slightly lower as they have not given a profit warning per se, just that there has been a softening in the market spend by families.

So is this a flip from debt into equity "play" over the next 2 years & if equity remains at these levels will a p/e firm take it out or a competitor?

DYOR

[scepticalinvestor] 17/1/2025 07:43

Oh dear. 30p open?

[everton448] 17/1/2025 07:32

There we are. Shows what a terrible investor I am!

[quepassa] 17/1/2025 07:08

"As a consequence of increased uncertainty arising from the Autumn statement, the Board is more cautious around the outlook for 2025 and 2026."

[bedford1976] 07/1/2025 20:04

Everyman tipped today in UK Investor Magazine. Indicates target price of £1.80 which I feel still undervalues the quality of this business and the

[everton448] 01/12/2024 19:49

After a long period when cinema has been an unfashionable sector I think we should prepare for some impressive figures at the end of this year. The busiest ever Thanksgiving weekend for cinemas in the US reads across to the UK where attendances for Moana 2, Wicked, Gladiator 2 and Paddington have been extremely impressive. Everyman may be one of those stocks where 6 months from now everyone is saying it was obvious that it was undervalued
I hold. DYOR etc

[bedford1976] 29/11/2024 16:52

Loungers have received a bid from Fortress. I'm wondering how long before Private Equity makes a play for Everyman with the shares being highly undervalued.

I'm surprised they never made an offer for Curzon although some of the locations were great maybe the capex to turn then around to our standard put them off??

[bedford1976] 27/9/2024 20:03

The focus is now on reducing debt and Everyman is set for bumper trading with some massive releases in the second half. I personally think Everyman is a great quality leisure stock and happy to hold such a premium business. I personally think the management are missing a trick by rolling out a franchise model for the international market USA, Australia, Canada etc. Expansion by a capital light model could catapult the company into another League.

[everton448] 26/9/2024 14:18

Yep. Looks like this will drift back to new lows in the absence of interest from PIs and lacklustre figures - unless and until PE takes them out

[quepassa] 26/9/2024 08:00

So many big adjustments to EBITDA.

It's dizzying....

At an Operating level, losses deteriorated from a loss of £1.61m to a loss of £1.77m.

PBT deteriorated from a loss of £4.3m to a loss of £4.9m.


NET ASSETS/SHAREHOLDER EQUITY decreased from £42.5m to £41.1m.




all imo. dyor.
qp

[qs99] 25/9/2024 06:46

Decent update IMO....would have liked to have seen a better drop through to EBITDA, but H2 should be stronger from what they have said and obviously keen to get Net Debt down from the £25m it currently is which is no bad thing IMO.....should be more than possible with a large H2, still leaving this on a ridiculously low EV/EBITDA ratio IMO....

DYOR

[qs99] 24/8/2024 07:29

agreed, perhaps we should all email the Board and suggest!

[bedford1976] 23/8/2024 15:39

Surprised these guys don't offer shareholder perks for my London colleagues Everyman is at the "Institution status level", they think it's amazing.
Surely with such loyal customers a few shareholder perks might rev up the share price, and get even more people in the door.

[qs99] 20/8/2024 10:15

is that a small buy at 65.5? Looks odd? views? DYOR

[qs99] 20/8/2024 09:07

haha, jinxed it....only joking, I think it is an "unknown" stock in many ways, so little volume, hence the last few days trading has been interesting ahead of the next update. DYOR

[everton448] 20/8/2024 07:37

Spoke too soon!

[everton448] 20/8/2024 07:19

Not used to seeing this blue each day.....

[qs99] 19/8/2024 13:20

....last thought, really v. little stock available when purchasing recently, all at offer...DYOR, could get a nice squeeze on here...DYOR

[qs99] 19/8/2024 13:06

Big recent director buying ahead of Interims late September. I'm in for some more...I also wonder whether p/e firms have taken a look at this depressed level?

DYOR as ever
Cheers
QS99

[qs99] 19/8/2024 11:33

Moving nicely

[everton448] 19/8/2024 11:07

Bought some more today

[qs99] 14/8/2024 14:00

Indeed, and Graph looking much nicer! DYOR

[everton448] 14/8/2024 12:41

Definite signs of life!