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Zackwong
2021-06-07
No way anyone believes motley fool ?
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Zackwong
2021-06-08
stop all this FUD fake news
AMC Cinemas turned lower before the market and announced that it would sell up to 11.55 million shares
Zackwong
2021-06-07
AMC is the king!
Sorry, the original content has been removed
Zackwong
2021-03-11
Article comes in right at the same time the stocks are being manipulated down. Dont believe this as they are trying to trash public sentiment. Dont fall into the trap!
AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says
Go to Tiger App to see more news
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all this FUD fake news","listText":"stop all this FUD fake news","text":"stop all this FUD fake news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117212044","repostId":"2140293814","repostType":2,"repost":{"id":"2140293814","kind":"news","pubTimestamp":1622719685,"share":"https://ttm.financial/m/news/2140293814?lang=en_US&edition=fundamental","pubTime":"2021-06-03 19:28","market":"sh","language":"zh","title":"AMC Cinemas turned lower before the market and announced that it would sell up to 11.55 million shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2140293814","media":"新浪财经","summary":"AMC院线盘前转跌,抹去此前20%的涨幅,报62美元,此前向SEC提交文件称将在场内出售至多1155万股股票。AMC院线发布公告,与B.riley证券和花旗集团签订了股权分配协议,将在场内出售至多1155万股股票。净收益用于一般公司目的,其中可能包括偿还、再融资、赎回或回购现有债务、收购剧院资产、营运资本或资本支出及其他投资。","content":"<p><html><body><a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>It turned lower before the market, erasing the previous 20% gain to $62, after filing with the SEC that it would sell up to 11.55 million shares on the market.</p><p>AMC Cinemas announced that it has signed an equity distribution agreement with B.riley Securities and Citigroup, and will sell up to 11.55 million shares on the market. Net proceeds are used for general corporate purposes, which may include repayment, refinancing, redemption or repurchase of existing debt, acquisition of theater assets, working capital or capital expenditures and other investments.</p><p></body></html></p>","source":"sina_symbol","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Cinemas turned lower before the market and announced that it would sell up to 11.55 million shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Cinemas turned lower before the market and announced that it would sell up to 11.55 million shares\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-06-03 19:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body><a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>It turned lower before the market, erasing the previous 20% gain to $62, after filing with the SEC that it would sell up to 11.55 million shares on the market.</p><p>AMC Cinemas announced that it has signed an equity distribution agreement with B.riley Securities and Citigroup, and will sell up to 11.55 million shares on the market. Net proceeds are used for general corporate purposes, which may include repayment, refinancing, redemption or repurchase of existing debt, acquisition of theater assets, working capital or capital expenditures and other investments.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-06-03/doc-ikqcfnaz8952607.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e0ab8365ea89ee143187cbf51d23ba8f","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-06-03/doc-ikqcfnaz8952607.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140293814","content_text":"AMC院线盘前转跌,抹去此前20%的涨幅,报62美元,此前向SEC提交文件称将在场内出售至多1155万股股票。AMC院线发布公告,与B.riley证券和花旗集团签订了股权分配协议,将在场内出售至多1155万股股票。净收益用于一般公司目的,其中可能包括偿还、再融资、赎回或回购现有债务、收购剧院资产、营运资本或资本支出及其他投资。","news_type":1,"symbols_score_info":{"AMC":1}},"isVote":1,"tweetType":1,"viewCount":773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114898521,"gmtCreate":1623063636863,"gmtModify":1704195271426,"author":{"id":"3574713251392817","authorId":"3574713251392817","name":"Zackwong","avatar":"https://static.tigerbbs.com/3598b0db7f9cf6bf5871bf0d7a3879c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574713251392817","idStr":"3574713251392817"},"themes":[],"htmlText":"AMC is the king!","listText":"AMC is the king!","text":"AMC is the king!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114898521","repostId":"2141286115","repostType":4,"isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114997669,"gmtCreate":1623041154651,"gmtModify":1704194860453,"author":{"id":"3574713251392817","authorId":"3574713251392817","name":"Zackwong","avatar":"https://static.tigerbbs.com/3598b0db7f9cf6bf5871bf0d7a3879c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574713251392817","idStr":"3574713251392817"},"themes":[],"htmlText":"No way anyone believes motley fool ?","listText":"No way anyone believes motley fool ?","text":"No way anyone believes motley fool ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/114997669","repostId":"2141299286","repostType":4,"isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321847344,"gmtCreate":1615424845988,"gmtModify":1704782573879,"author":{"id":"3574713251392817","authorId":"3574713251392817","name":"Zackwong","avatar":"https://static.tigerbbs.com/3598b0db7f9cf6bf5871bf0d7a3879c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574713251392817","idStr":"3574713251392817"},"themes":[],"htmlText":"Article comes in right at the same time the stocks are being manipulated down. Dont believe this as they are trying to trash public sentiment. Dont fall into the trap!","listText":"Article comes in right at the same time the stocks are being manipulated down. Dont believe this as they are trying to trash public sentiment. Dont fall into the trap!","text":"Article comes in right at the same time the stocks are being manipulated down. Dont believe this as they are trying to trash public sentiment. Dont fall into the trap!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321847344","repostId":"2118476670","repostType":2,"repost":{"id":"2118476670","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1615402200,"share":"https://ttm.financial/m/news/2118476670?lang=en_US&edition=fundamental","pubTime":"2021-03-11 02:50","market":"us","language":"en","title":"AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says","url":"https://stock-news.laohu8.com/highlight/detail?id=2118476670","media":"Dow Jones","summary":"MW AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says\n\n\n By Emily Bary ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says\n</p>\n<p>\n By Emily Bary \n</p>\n<p>\n AMC's leverage makes it ill suited to handle the changing movie-theater landscape, analyst argues \n</p>\n<p>\n The movie business may not be dead, but AMC Entertainment Holdings Inc.'s stock is considerably overvalued, an analyst argued Wednesday. \n</p>\n<p>\n Richard Greenfield, an analyst with Lightshed Partners, initiated coverage of AMC's <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> stock Wednesday with a sell rating and 12-month price target of just 1 cent. \n</p>\n<p>\n Greenfield believes the movie-theater industry will continue to exist for decades as people look for escapes outside the home, but he's more skeptical about the future of AMC. \n</p>\n<p>\n \"There is a substantial disconnect between the future of aggregate movie theater attendance and in turn AMC's earnings power relative to its current enterprise value and over-levered capital structure,\" he wrote. \n</p>\n<p>\n Looking ahead to 2022, Greenfield doubts that AMC will be able to be able to \"meaningfully exceed\" $600 million in earnings before interest, taxes, depreciation, and amortization (Ebitda), whereas it generated $771 million in 2019, before the pandemic took hold. \n</p>\n<p>\n Some pandemic-related fears of being in crowded spaces could dampen attendance, he argued. But more crucially, studios have shaken up the traditional \"windowing\" structure, which gave theaters a long window of exclusivity before people could watch movies at home. The movie-theater business will likely continue in some form, but Greenfield thinks \"it will never be the same\" as streaming becomes a bigger part of the equation. \n</p>\n<p>\n For AMC, decreased attendance means financial pressure. In Greenfield's 2022 scenario that sees AMC raking in $600 million in Ebitda, he notes that the company \"still has over $400 million of interest expense from its 8x leverage.\" In addition, the company cut back on capital expenditures during the pandemic, but \"it feels like maintenance capex is at least $200 million,\" he wrote, leaving aside the fact that AMC may have to catch up on spending deferred during the COVID-19 crisis. \n</p>\n<p>\n Don't miss: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery \n</p>\n<p>\n \"The end result is a company with 8x leverage and no free cash flow,\" he wrote. \"If attendance fails to rebound as we expect, not to mention declines long-term as release windows shrink and consumer behavior evolves, we suspect AMC will need to issue even more equity in the future, meaningfully diluting current equity holders to stay afloat.\" \n</p>\n<p>\n AMC shares have been volatile lately, joining a class of so-called meme stocks that won favor with retail investors taking aim at heavily shorted names. AMC's stock was up as much as 18.4% earlier in Wednesday's session, but it pared back gains around midday and was recently up around 3%. \n</p>\n<p>\n See more: GameStop stock was reaching new heights, but the meme stocks just plummeted \n</p>\n<p>\n The theater operator is due to report December-quarter results after the closing bell Wednesday. Analysts surveyed by FactSet expect that the company lost $3.03 a share on a GAAP basis and $3.24 a share on an adjusted basis, while generating $142 million in revenue. A year earlier, AMC delivered positive adjusted earnings of 35 cents a share on revenue of $1.46 billion. \n</p>\n<p>\n AMC shares have run up over 156% over the past three months, while the S&P 500 index has gained 6.3%. \n</p>\n<p>\n -Emily Bary; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n March 10, 2021 13:50 ET (18:50 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-03-11 02:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says\n</p>\n<p>\n By Emily Bary \n</p>\n<p>\n AMC's leverage makes it ill suited to handle the changing movie-theater landscape, analyst argues \n</p>\n<p>\n The movie business may not be dead, but AMC Entertainment Holdings Inc.'s stock is considerably overvalued, an analyst argued Wednesday. \n</p>\n<p>\n Richard Greenfield, an analyst with Lightshed Partners, initiated coverage of AMC's <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> stock Wednesday with a sell rating and 12-month price target of just 1 cent. \n</p>\n<p>\n Greenfield believes the movie-theater industry will continue to exist for decades as people look for escapes outside the home, but he's more skeptical about the future of AMC. \n</p>\n<p>\n \"There is a substantial disconnect between the future of aggregate movie theater attendance and in turn AMC's earnings power relative to its current enterprise value and over-levered capital structure,\" he wrote. \n</p>\n<p>\n Looking ahead to 2022, Greenfield doubts that AMC will be able to be able to \"meaningfully exceed\" $600 million in earnings before interest, taxes, depreciation, and amortization (Ebitda), whereas it generated $771 million in 2019, before the pandemic took hold. \n</p>\n<p>\n Some pandemic-related fears of being in crowded spaces could dampen attendance, he argued. But more crucially, studios have shaken up the traditional \"windowing\" structure, which gave theaters a long window of exclusivity before people could watch movies at home. The movie-theater business will likely continue in some form, but Greenfield thinks \"it will never be the same\" as streaming becomes a bigger part of the equation. \n</p>\n<p>\n For AMC, decreased attendance means financial pressure. In Greenfield's 2022 scenario that sees AMC raking in $600 million in Ebitda, he notes that the company \"still has over $400 million of interest expense from its 8x leverage.\" In addition, the company cut back on capital expenditures during the pandemic, but \"it feels like maintenance capex is at least $200 million,\" he wrote, leaving aside the fact that AMC may have to catch up on spending deferred during the COVID-19 crisis. \n</p>\n<p>\n Don't miss: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery \n</p>\n<p>\n \"The end result is a company with 8x leverage and no free cash flow,\" he wrote. \"If attendance fails to rebound as we expect, not to mention declines long-term as release windows shrink and consumer behavior evolves, we suspect AMC will need to issue even more equity in the future, meaningfully diluting current equity holders to stay afloat.\" \n</p>\n<p>\n AMC shares have been volatile lately, joining a class of so-called meme stocks that won favor with retail investors taking aim at heavily shorted names. AMC's stock was up as much as 18.4% earlier in Wednesday's session, but it pared back gains around midday and was recently up around 3%. \n</p>\n<p>\n See more: GameStop stock was reaching new heights, but the meme stocks just plummeted \n</p>\n<p>\n The theater operator is due to report December-quarter results after the closing bell Wednesday. Analysts surveyed by FactSet expect that the company lost $3.03 a share on a GAAP basis and $3.24 a share on an adjusted basis, while generating $142 million in revenue. A year earlier, AMC delivered positive adjusted earnings of 35 cents a share on revenue of $1.46 billion. \n</p>\n<p>\n AMC shares have run up over 156% over the past three months, while the S&P 500 index has gained 6.3%. \n</p>\n<p>\n -Emily Bary; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n March 10, 2021 13:50 ET (18:50 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118476670","content_text":"MW AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says\n\n\n By Emily Bary \n\n\n AMC's leverage makes it ill suited to handle the changing movie-theater landscape, analyst argues \n\n\n The movie business may not be dead, but AMC Entertainment Holdings Inc.'s stock is considerably overvalued, an analyst argued Wednesday. \n\n\n Richard Greenfield, an analyst with Lightshed Partners, initiated coverage of AMC's $(AMC)$ stock Wednesday with a sell rating and 12-month price target of just 1 cent. \n\n\n Greenfield believes the movie-theater industry will continue to exist for decades as people look for escapes outside the home, but he's more skeptical about the future of AMC. \n\n\n \"There is a substantial disconnect between the future of aggregate movie theater attendance and in turn AMC's earnings power relative to its current enterprise value and over-levered capital structure,\" he wrote. \n\n\n Looking ahead to 2022, Greenfield doubts that AMC will be able to be able to \"meaningfully exceed\" $600 million in earnings before interest, taxes, depreciation, and amortization (Ebitda), whereas it generated $771 million in 2019, before the pandemic took hold. \n\n\n Some pandemic-related fears of being in crowded spaces could dampen attendance, he argued. But more crucially, studios have shaken up the traditional \"windowing\" structure, which gave theaters a long window of exclusivity before people could watch movies at home. The movie-theater business will likely continue in some form, but Greenfield thinks \"it will never be the same\" as streaming becomes a bigger part of the equation. \n\n\n For AMC, decreased attendance means financial pressure. In Greenfield's 2022 scenario that sees AMC raking in $600 million in Ebitda, he notes that the company \"still has over $400 million of interest expense from its 8x leverage.\" In addition, the company cut back on capital expenditures during the pandemic, but \"it feels like maintenance capex is at least $200 million,\" he wrote, leaving aside the fact that AMC may have to catch up on spending deferred during the COVID-19 crisis. \n\n\n Don't miss: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery \n\n\n \"The end result is a company with 8x leverage and no free cash flow,\" he wrote. \"If attendance fails to rebound as we expect, not to mention declines long-term as release windows shrink and consumer behavior evolves, we suspect AMC will need to issue even more equity in the future, meaningfully diluting current equity holders to stay afloat.\" \n\n\n AMC shares have been volatile lately, joining a class of so-called meme stocks that won favor with retail investors taking aim at heavily shorted names. AMC's stock was up as much as 18.4% earlier in Wednesday's session, but it pared back gains around midday and was recently up around 3%. \n\n\n See more: GameStop stock was reaching new heights, but the meme stocks just plummeted \n\n\n The theater operator is due to report December-quarter results after the closing bell Wednesday. Analysts surveyed by FactSet expect that the company lost $3.03 a share on a GAAP basis and $3.24 a share on an adjusted basis, while generating $142 million in revenue. A year earlier, AMC delivered positive adjusted earnings of 35 cents a share on revenue of $1.46 billion. \n\n\n AMC shares have run up over 156% over the past three months, while the S&P 500 index has gained 6.3%. \n\n\n -Emily Bary; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n March 10, 2021 13:50 ET (18:50 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":114997669,"gmtCreate":1623041154651,"gmtModify":1704194860453,"author":{"id":"3574713251392817","authorId":"3574713251392817","name":"Zackwong","avatar":"https://static.tigerbbs.com/3598b0db7f9cf6bf5871bf0d7a3879c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574713251392817","idStr":"3574713251392817"},"themes":[],"htmlText":"No way anyone believes motley fool ?","listText":"No way anyone believes motley fool ?","text":"No way anyone believes motley fool ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/114997669","repostId":"2141299286","repostType":4,"isVote":1,"tweetType":1,"viewCount":883,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117212044,"gmtCreate":1623143045688,"gmtModify":1704196957891,"author":{"id":"3574713251392817","authorId":"3574713251392817","name":"Zackwong","avatar":"https://static.tigerbbs.com/3598b0db7f9cf6bf5871bf0d7a3879c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574713251392817","idStr":"3574713251392817"},"themes":[],"htmlText":"stop all this FUD fake news","listText":"stop all this FUD fake news","text":"stop all this FUD fake news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117212044","repostId":"2140293814","repostType":2,"repost":{"id":"2140293814","kind":"news","pubTimestamp":1622719685,"share":"https://ttm.financial/m/news/2140293814?lang=en_US&edition=fundamental","pubTime":"2021-06-03 19:28","market":"sh","language":"zh","title":"AMC Cinemas turned lower before the market and announced that it would sell up to 11.55 million shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2140293814","media":"新浪财经","summary":"AMC院线盘前转跌,抹去此前20%的涨幅,报62美元,此前向SEC提交文件称将在场内出售至多1155万股股票。AMC院线发布公告,与B.riley证券和花旗集团签订了股权分配协议,将在场内出售至多1155万股股票。净收益用于一般公司目的,其中可能包括偿还、再融资、赎回或回购现有债务、收购剧院资产、营运资本或资本支出及其他投资。","content":"<p><html><body><a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>It turned lower before the market, erasing the previous 20% gain to $62, after filing with the SEC that it would sell up to 11.55 million shares on the market.</p><p>AMC Cinemas announced that it has signed an equity distribution agreement with B.riley Securities and Citigroup, and will sell up to 11.55 million shares on the market. Net proceeds are used for general corporate purposes, which may include repayment, refinancing, redemption or repurchase of existing debt, acquisition of theater assets, working capital or capital expenditures and other investments.</p><p></body></html></p>","source":"sina_symbol","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Cinemas turned lower before the market and announced that it would sell up to 11.55 million shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Cinemas turned lower before the market and announced that it would sell up to 11.55 million shares\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">新浪财经</strong><span class=\"h-time small\">2021-06-03 19:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><body><a href=\"https://laohu8.com/S/AMC\">AMC Cinemas</a>It turned lower before the market, erasing the previous 20% gain to $62, after filing with the SEC that it would sell up to 11.55 million shares on the market.</p><p>AMC Cinemas announced that it has signed an equity distribution agreement with B.riley Securities and Citigroup, and will sell up to 11.55 million shares on the market. Net proceeds are used for general corporate purposes, which may include repayment, refinancing, redemption or repurchase of existing debt, acquisition of theater assets, working capital or capital expenditures and other investments.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source:<a href=\"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-06-03/doc-ikqcfnaz8952607.shtml\">新浪财经</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e0ab8365ea89ee143187cbf51d23ba8f","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://cj.sina.cn/article/normal_detail?url=https://finance.sina.com.cn/stock/usstock/c/2021-06-03/doc-ikqcfnaz8952607.shtml","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140293814","content_text":"AMC院线盘前转跌,抹去此前20%的涨幅,报62美元,此前向SEC提交文件称将在场内出售至多1155万股股票。AMC院线发布公告,与B.riley证券和花旗集团签订了股权分配协议,将在场内出售至多1155万股股票。净收益用于一般公司目的,其中可能包括偿还、再融资、赎回或回购现有债务、收购剧院资产、营运资本或资本支出及其他投资。","news_type":1,"symbols_score_info":{"AMC":1}},"isVote":1,"tweetType":1,"viewCount":773,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114898521,"gmtCreate":1623063636863,"gmtModify":1704195271426,"author":{"id":"3574713251392817","authorId":"3574713251392817","name":"Zackwong","avatar":"https://static.tigerbbs.com/3598b0db7f9cf6bf5871bf0d7a3879c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574713251392817","idStr":"3574713251392817"},"themes":[],"htmlText":"AMC is the king!","listText":"AMC is the king!","text":"AMC is the king!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114898521","repostId":"2141286115","repostType":4,"isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321847344,"gmtCreate":1615424845988,"gmtModify":1704782573879,"author":{"id":"3574713251392817","authorId":"3574713251392817","name":"Zackwong","avatar":"https://static.tigerbbs.com/3598b0db7f9cf6bf5871bf0d7a3879c9","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574713251392817","idStr":"3574713251392817"},"themes":[],"htmlText":"Article comes in right at the same time the stocks are being manipulated down. Dont believe this as they are trying to trash public sentiment. Dont fall into the trap!","listText":"Article comes in right at the same time the stocks are being manipulated down. Dont believe this as they are trying to trash public sentiment. Dont fall into the trap!","text":"Article comes in right at the same time the stocks are being manipulated down. Dont believe this as they are trying to trash public sentiment. Dont fall into the trap!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321847344","repostId":"2118476670","repostType":2,"repost":{"id":"2118476670","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1615402200,"share":"https://ttm.financial/m/news/2118476670?lang=en_US&edition=fundamental","pubTime":"2021-03-11 02:50","market":"us","language":"en","title":"AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says","url":"https://stock-news.laohu8.com/highlight/detail?id=2118476670","media":"Dow Jones","summary":"MW AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says\n\n\n By Emily Bary ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says\n</p>\n<p>\n By Emily Bary \n</p>\n<p>\n AMC's leverage makes it ill suited to handle the changing movie-theater landscape, analyst argues \n</p>\n<p>\n The movie business may not be dead, but AMC Entertainment Holdings Inc.'s stock is considerably overvalued, an analyst argued Wednesday. \n</p>\n<p>\n Richard Greenfield, an analyst with Lightshed Partners, initiated coverage of AMC's <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> stock Wednesday with a sell rating and 12-month price target of just 1 cent. \n</p>\n<p>\n Greenfield believes the movie-theater industry will continue to exist for decades as people look for escapes outside the home, but he's more skeptical about the future of AMC. \n</p>\n<p>\n \"There is a substantial disconnect between the future of aggregate movie theater attendance and in turn AMC's earnings power relative to its current enterprise value and over-levered capital structure,\" he wrote. \n</p>\n<p>\n Looking ahead to 2022, Greenfield doubts that AMC will be able to be able to \"meaningfully exceed\" $600 million in earnings before interest, taxes, depreciation, and amortization (Ebitda), whereas it generated $771 million in 2019, before the pandemic took hold. \n</p>\n<p>\n Some pandemic-related fears of being in crowded spaces could dampen attendance, he argued. But more crucially, studios have shaken up the traditional \"windowing\" structure, which gave theaters a long window of exclusivity before people could watch movies at home. The movie-theater business will likely continue in some form, but Greenfield thinks \"it will never be the same\" as streaming becomes a bigger part of the equation. \n</p>\n<p>\n For AMC, decreased attendance means financial pressure. In Greenfield's 2022 scenario that sees AMC raking in $600 million in Ebitda, he notes that the company \"still has over $400 million of interest expense from its 8x leverage.\" In addition, the company cut back on capital expenditures during the pandemic, but \"it feels like maintenance capex is at least $200 million,\" he wrote, leaving aside the fact that AMC may have to catch up on spending deferred during the COVID-19 crisis. \n</p>\n<p>\n Don't miss: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery \n</p>\n<p>\n \"The end result is a company with 8x leverage and no free cash flow,\" he wrote. \"If attendance fails to rebound as we expect, not to mention declines long-term as release windows shrink and consumer behavior evolves, we suspect AMC will need to issue even more equity in the future, meaningfully diluting current equity holders to stay afloat.\" \n</p>\n<p>\n AMC shares have been volatile lately, joining a class of so-called meme stocks that won favor with retail investors taking aim at heavily shorted names. AMC's stock was up as much as 18.4% earlier in Wednesday's session, but it pared back gains around midday and was recently up around 3%. \n</p>\n<p>\n See more: GameStop stock was reaching new heights, but the meme stocks just plummeted \n</p>\n<p>\n The theater operator is due to report December-quarter results after the closing bell Wednesday. Analysts surveyed by FactSet expect that the company lost $3.03 a share on a GAAP basis and $3.24 a share on an adjusted basis, while generating $142 million in revenue. A year earlier, AMC delivered positive adjusted earnings of 35 cents a share on revenue of $1.46 billion. \n</p>\n<p>\n AMC shares have run up over 156% over the past three months, while the S&P 500 index has gained 6.3%. \n</p>\n<p>\n -Emily Bary; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n March 10, 2021 13:50 ET (18:50 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-03-11 02:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says\n</p>\n<p>\n By Emily Bary \n</p>\n<p>\n AMC's leverage makes it ill suited to handle the changing movie-theater landscape, analyst argues \n</p>\n<p>\n The movie business may not be dead, but AMC Entertainment Holdings Inc.'s stock is considerably overvalued, an analyst argued Wednesday. \n</p>\n<p>\n Richard Greenfield, an analyst with Lightshed Partners, initiated coverage of AMC's <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> stock Wednesday with a sell rating and 12-month price target of just 1 cent. \n</p>\n<p>\n Greenfield believes the movie-theater industry will continue to exist for decades as people look for escapes outside the home, but he's more skeptical about the future of AMC. \n</p>\n<p>\n \"There is a substantial disconnect between the future of aggregate movie theater attendance and in turn AMC's earnings power relative to its current enterprise value and over-levered capital structure,\" he wrote. \n</p>\n<p>\n Looking ahead to 2022, Greenfield doubts that AMC will be able to be able to \"meaningfully exceed\" $600 million in earnings before interest, taxes, depreciation, and amortization (Ebitda), whereas it generated $771 million in 2019, before the pandemic took hold. \n</p>\n<p>\n Some pandemic-related fears of being in crowded spaces could dampen attendance, he argued. But more crucially, studios have shaken up the traditional \"windowing\" structure, which gave theaters a long window of exclusivity before people could watch movies at home. The movie-theater business will likely continue in some form, but Greenfield thinks \"it will never be the same\" as streaming becomes a bigger part of the equation. \n</p>\n<p>\n For AMC, decreased attendance means financial pressure. In Greenfield's 2022 scenario that sees AMC raking in $600 million in Ebitda, he notes that the company \"still has over $400 million of interest expense from its 8x leverage.\" In addition, the company cut back on capital expenditures during the pandemic, but \"it feels like maintenance capex is at least $200 million,\" he wrote, leaving aside the fact that AMC may have to catch up on spending deferred during the COVID-19 crisis. \n</p>\n<p>\n Don't miss: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery \n</p>\n<p>\n \"The end result is a company with 8x leverage and no free cash flow,\" he wrote. \"If attendance fails to rebound as we expect, not to mention declines long-term as release windows shrink and consumer behavior evolves, we suspect AMC will need to issue even more equity in the future, meaningfully diluting current equity holders to stay afloat.\" \n</p>\n<p>\n AMC shares have been volatile lately, joining a class of so-called meme stocks that won favor with retail investors taking aim at heavily shorted names. AMC's stock was up as much as 18.4% earlier in Wednesday's session, but it pared back gains around midday and was recently up around 3%. \n</p>\n<p>\n See more: GameStop stock was reaching new heights, but the meme stocks just plummeted \n</p>\n<p>\n The theater operator is due to report December-quarter results after the closing bell Wednesday. Analysts surveyed by FactSet expect that the company lost $3.03 a share on a GAAP basis and $3.24 a share on an adjusted basis, while generating $142 million in revenue. A year earlier, AMC delivered positive adjusted earnings of 35 cents a share on revenue of $1.46 billion. \n</p>\n<p>\n AMC shares have run up over 156% over the past three months, while the S&P 500 index has gained 6.3%. \n</p>\n<p>\n -Emily Bary; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n March 10, 2021 13:50 ET (18:50 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118476670","content_text":"MW AMC is a screaming sell and only worth 1 cent, analyst Richard Greenfield says\n\n\n By Emily Bary \n\n\n AMC's leverage makes it ill suited to handle the changing movie-theater landscape, analyst argues \n\n\n The movie business may not be dead, but AMC Entertainment Holdings Inc.'s stock is considerably overvalued, an analyst argued Wednesday. \n\n\n Richard Greenfield, an analyst with Lightshed Partners, initiated coverage of AMC's $(AMC)$ stock Wednesday with a sell rating and 12-month price target of just 1 cent. \n\n\n Greenfield believes the movie-theater industry will continue to exist for decades as people look for escapes outside the home, but he's more skeptical about the future of AMC. \n\n\n \"There is a substantial disconnect between the future of aggregate movie theater attendance and in turn AMC's earnings power relative to its current enterprise value and over-levered capital structure,\" he wrote. \n\n\n Looking ahead to 2022, Greenfield doubts that AMC will be able to be able to \"meaningfully exceed\" $600 million in earnings before interest, taxes, depreciation, and amortization (Ebitda), whereas it generated $771 million in 2019, before the pandemic took hold. \n\n\n Some pandemic-related fears of being in crowded spaces could dampen attendance, he argued. But more crucially, studios have shaken up the traditional \"windowing\" structure, which gave theaters a long window of exclusivity before people could watch movies at home. The movie-theater business will likely continue in some form, but Greenfield thinks \"it will never be the same\" as streaming becomes a bigger part of the equation. \n\n\n For AMC, decreased attendance means financial pressure. In Greenfield's 2022 scenario that sees AMC raking in $600 million in Ebitda, he notes that the company \"still has over $400 million of interest expense from its 8x leverage.\" In addition, the company cut back on capital expenditures during the pandemic, but \"it feels like maintenance capex is at least $200 million,\" he wrote, leaving aside the fact that AMC may have to catch up on spending deferred during the COVID-19 crisis. \n\n\n Don't miss: Trading frenzy in AMC stock may stave off bankruptcy but cinema operator still faces years of recovery \n\n\n \"The end result is a company with 8x leverage and no free cash flow,\" he wrote. \"If attendance fails to rebound as we expect, not to mention declines long-term as release windows shrink and consumer behavior evolves, we suspect AMC will need to issue even more equity in the future, meaningfully diluting current equity holders to stay afloat.\" \n\n\n AMC shares have been volatile lately, joining a class of so-called meme stocks that won favor with retail investors taking aim at heavily shorted names. AMC's stock was up as much as 18.4% earlier in Wednesday's session, but it pared back gains around midday and was recently up around 3%. \n\n\n See more: GameStop stock was reaching new heights, but the meme stocks just plummeted \n\n\n The theater operator is due to report December-quarter results after the closing bell Wednesday. Analysts surveyed by FactSet expect that the company lost $3.03 a share on a GAAP basis and $3.24 a share on an adjusted basis, while generating $142 million in revenue. A year earlier, AMC delivered positive adjusted earnings of 35 cents a share on revenue of $1.46 billion. \n\n\n AMC shares have run up over 156% over the past three months, while the S&P 500 index has gained 6.3%. \n\n\n -Emily Bary; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n March 10, 2021 13:50 ET (18:50 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":740,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}