Everyman Media Share Discussion Threads

[qs99] 22/12/2023 10:16

Looking at this again, me thinks H2 could be better than management think. The YTD trading in August was solid, so last 4 months should IMO be good as well and even if "hit" expectations rather than beat them, the EV/EBITDA ratio will be low IMO/DYOR.

The deals & organic growth element and op improvements & customer journey improvements all help, we use our local one and it is a very good experience. Not the cheapest but it is v. good and that is what you pay for.

DYOR

[qs99] 15/12/2023 11:13

I agree, there are often some great deals to be had out of administration / liquidation IMO, let's hope that is the case here...DYOR

[everton448] 15/12/2023 07:39

No financials but the eight cinemas that the Empire administrators (BDO) kept open were said to be profitable - so this seems like positive news

[qs99] 24/11/2023 17:09

Great, fingers xd!

[boozey] 24/11/2023 16:07

Me too QS99.

[qs99] 24/11/2023 14:20

I had to buy a few today, just looked good value and seeing all the directors purchases.,....let's see, also seems to be fairly tightly held DYOR

[everton448] 24/11/2023 12:07

As I thought....

[everton448] 22/11/2023 22:28

Increasingly think that there is some value here short term https://www.sharesmagazine.co.uk/news/shares/everyman-media-shares-buck-trend-as-leading-shareholder-adds-to-stake

[sphere25] 19/10/2023 12:21

It looks like it is Blue Coast versus the market here. More than 10% of the issuance exchanged. Not sure how that 9.7m splits between buyers and sellers, but when you have a chart like this, with doubts over the long term value on the micro level (let alone all the ugly macro factors), someone has to step in big to have any chance of even a short term trading bounce.

May of last year had enough of a clear out at these price points to bounce into the late 60's.

Only managed a small position but in for a quick one to see if it can bounce into the 60's again for a sell. This market just won't hold the bounces with layered sellers across all kinds of small caps, but if Blue Coast are sat buying big at these levels then it might have had enough of a clear out to bounce abit before it meets the next layer of big sellers higher up....and then likely goes flat and does nothing or comes back down.

Just that sort of market.

Very illiquid. An exit if it doesn't push on.

All imo
DYOR

[km18] 18/8/2023 14:22

Everyman Media plc issued a trading update for the 26 weeks ending 29th June 2023 this morning. Trading continues to be in line with expectations and the Board remains confident that the financial performance of the Company for the full year ending 28 December 2023 will be in line with market expectations. These are for FY23 revenue of £94.4m and adjusted EBITDA of £17.2m. Three new venues opened at the end of H1, taking the Group estate to a total of 41 venues. Post period end Barbie and Oppenheimer released in the final week of July and delivered record admissions and enabled the Group to achieve an exceptional month of trading with Group Revenue of £10.6m (July 2022: £7.1m) and Group EBITDA of £2.6m (July 2022: £1.3m). Valuation looks decent with PS ratio at 0.69x roughly top third for Hotels & Entertainment Services sector. The balance sheet still has sizeable debt with gearing ratios elevated accordingly. The share price also lacks momentum and has been in a correction for over 2 years. With the fragile economic environment also posing risks to consumer spending, EMAN remains a share to monitor for the time being...

...from WealthOracle

[everton448] 18/8/2023 09:50

Again, all reasonable points. Thanks for the good wishes

[quepassa] 18/8/2023 09:43

Hope it works out for you and Everyman.

But allowing for rampant inflation - and who knows what the true inflation rate really is- those six month figures are not good. Ticket sales down and costs MUST be going up. Wage costs are rocketing. As have interest rates which will be a real stinger under their new £35m facility with different bankers.

The Everyman chain has a growing identity crisis in my opinion- it still markets itself as artsy/upmarket - but clearly relies on Hollywood trash/blockbuster films as its mainstay.

The Hollywood actors/writers strikes will also impact output of new films at some point.

The share price graph tells a sad tale.

Good Luck all.

ALL IMO. DYOR.
QP

[everton448] 18/8/2023 09:10

That is of our as a perfectly reasonable observation QP. But the outcome for the year looks to be significantly ahead of last year and because the timing of release of films is behind their control, I think it makes more sense to look at annual performance rather than the six months (the release of Barbenheimer on 1st June would have seen record first half results). This has, of course been a very disappointing share in which to be invested, but given that it is valued at circa six months' revenue there does seem to be some scope for positivity

[quepassa] 18/8/2023 08:17

Come on!

Sure, July has been good due to Babie-Oppie.

But look at the 26 week reporting period. That's pretty unimpressive with both REVENUE and EBITDA siginificantly down.

With raging inflation due to impact more and more, the words may say one thing but the six month figures say something else.


ALL IMO. DYOR.
QP

[everton448] 18/8/2023 07:55

Trading statement looks encouraging

[everton448] 07/8/2023 12:13

No trading statement yet. Odd

[quepassa] 30/7/2023 23:03

thanks! I have occasionally checked seat availability for a local Everyman venue but what you are doing sounds quite thorough.
the ability to capture live pre-performance seat data from all cinemas in the chain would be great and give a real edge.

some big box-office movies recently but will be interesting to see the forthcoming results which probably pre-date those films.

Everyman's expensive ticket pricing business model will be fully tested in these high inflatioanry times versus cheaper cinemas at a third or quarter of the price.

[xtrader1965] 30/7/2023 22:14

Am working on capturing data from all cinemas to get objective comparison

[xtrader1965] 30/7/2023 21:51

Screengrabbed seat occupancy rates, 5 minutes before showing times. It's obviously all correlated to release dates and film popularity but I think the numbers they release in next week or so will look good. DYOR...

[quepassa] 30/7/2023 20:32

Hi X,

"I've been monitoring attendance rates for last month or so"



I'm curious. How have you been monitoring attendance rates please?

and what are the attendance rates please?

thanks.

QP

[xtrader1965] 30/7/2023 20:07

Trading update due round about now. I've been monitoring attendance rates for last month or so and things looking good imo. Positive results will likely be offset against potential impact of drawn out SAG-AFTRA strikes but as a multi-year play this is I think a winner.

[quepassa] 27/7/2023 07:41

Barbie+Oppenheimer clearly good for the weekend/summer ticket office.

But there is a big looming problem for future cinema releases in the form of the SAG-AFTRA union strike in Hollywood representing 160,000 actors.

And when you combine that with the WGA strike in Hollywood (Writers Guild Association), these dual strikes by writers and actors will impact the industry and film releases over time.


all imo. dyor.
qp

[everton448] 25/7/2023 10:29

A glimmer of life in the share price

[everton448] 20/7/2023 14:31

An all time low for the share price reached today