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Cinemark Holdings, Inc. (CNK)

NYSE - NYSE Delayed Price. Currency in USD
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11.60-0.39 (-3.25%)
At close: 4:00PM EDT
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  • C
    CreditGuy88
    From conference: 1)Disney clear both publicly and privately it’s a one off. 2) LatAm moved to variable rent agreements.
  • C
    CreditGuy88
    Quick note on PVOD and why 7park numbers are likely wrong: they’ve made big errors before, contradict other sources and have had to publicly apologize before. Let’s put these numbers into context. 7park says 30% or 9M in 2 weeks at $29.99. Compare to Extraction which is Netflix’ most popular film EVER and released in the midst of the most intense period for lockdowns (when Troll WT was released) generated 99M views or 55% of its sub base at no incremental costs over FOUR weeks. Netflix counts any view over 2 minutes as a view and plasters it all over the home screen. You’re telling me that 9M Americans or 30% of subs paid $29.99 in TWO weeks including over labor day weekend, when many are at cottages and will be free in 3 months? Nah. It’s wrong. Sources like Apptopia estimated at 250k downloads (which is too Low but only includes iOS and Android, excluding our Roku, desktop purchases, and amazon purchases). Samba estimates 1.12M downloads. So 9M is crazy. The chart yahoo linked only says “Mulan” And could easily be referring to the Cartoon lol. Considering Aladdin and Moana were there would it surprise you to see cartoon Mulan watched following the launch of live action? (Even by mistake) No.
  • R
    Richard
    this is prob the least toxic community for a stock ive seen not counting 1 or 2 people here and if i end up selling to lock in profits i want ya to know the info and views ya shared has been great and i thank you all.
  • C
    CreditGuy88
    Comcast: “We want a healthy long term theatrical business”
  • C
    CreditGuy88
    Barrington put out a note from their conference re: cinemark....they’re running reduced operating hours. Before covid ran at 20% capacity, currently running at 10% with just library. Currently covering variable costs so optimistic on new releases helping. Concession per cap not much below prepandemic trends. The company emphasizes being proactive on the balance sheet and convert was done at very low cost of cap vs what senior notes would have costed. LatAm is a couple of notes behind us with Brazil and Argentina not open yet. Expects a stronger return in LatAm than us due to cultural factor (that is true...latinos over index on theatrical attendance even in US). Barrington reiterated its outperform, noting that it is a name they are inclined to hold for significant recovery when economy rebounds.
  • J
    James
    I only see upside potential over the next 12-18 months. Holding 3k shares for a long term investment.
  • C
    CreditGuy88
    Yeah so everyone saying $260M was wrong lol Brian Lichtenberger of 7park came out and clarified Yahoo’s poor interpretation. 30% was as a percentage of total audience size which does not equal the total installed base. He estimates it from $60-90M in total sales (but distribution partners get 20%) so it’s actually $48-72M in revenues, which is 2-3M views. That is still a high estimate compared to other sources. So realistically we’re looking at between 1-3M accounts. During a normal theatrical window Mulan does 2-3x that plus monetizes in TVOD after. Disney needs theaters period. Those yahoo anchors came out looking like fools. And anyone who bought those numbers looks even number because it shows they can’t think critically. As soon as I saw those numbers I knew they weren’t right. And as I suspected, the yahoo anchors were the source of the mistake.
  • R
    Richard
    maybe its time to get whatever profit i have and go into apple or another tech play
  • t
    trung
    As I posted last week, CNK will be back to around 13.5 today, will be over 15 next week.
  • L
    Leanna Parsley
    Cinemark Holdings, Inc. (NYSE:CNK) - Investment analysts at Barrington Research lifted their Q1 2021 EPS estimates for Cinemark in a research note issued on Tuesday, September 15th. Barrington Research analyst J. Goss now expects that the company
    Cinemark Holdings, Inc. (NYSE:CNK) - Investment analysts at Barrington Research lifted their Q1 2021 EPS estimates for Cinemark in a research note issued on Tuesday, September 15th. Barrington Research analyst J. Goss now expects that the company
    www.google.com
  • C
    Connor
    Hey guys, as a new investor after doing some research about Cinemark and some others stocks I have decided to invest into Cinemark because they are low and I think that they will go back up in time after people start to go back to the movies. So do you guys think that Cinemark and Apple are good stocks to invest in? Also I have been researshing about VOO. I like that stock because it looks good for longterm. Are those 3 stocks good to focus on?
  • t
    trung
    It is a positive mid-session correction, fill gap at 12.5. It also means CNK may climp up steeper and not retest this level .
  • T
    Trenton
    Argus finally fixed their bone-headed 0.69 target.... to 11.00. Wonder how many buy ratings are going to drop over next few days. Hopefully the more credible places will wait to hear from CNK mgmt Wednesday...

    https://finance.yahoo.com/research/reports/ARGUS_2851_QuantitativeReport_1599696000000
    Find the latest Cinemark Holdings Inc Cinemark (CNK) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
    Find the latest Cinemark Holdings Inc Cinemark (CNK) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance
    finance.yahoo.com
  • R
    Raymond
    The next leg up for CNK will be when CA and NY open their theaters. New case numbers are declining fast in CA so I expect some good news by mid-October. Case numbers have been really low in NY. My guess is that most blue states will reopen theaters and restaurants 1-2 weeks before the Nov 3 election. This can also be a great political move to make sure their residents feel good about voting on Nov 3. And if reopening leads to a spike in covid cases it will not be known until after the election day.
  • H
    Happy Camper
    This stock compared to amc is always pummeled. The leadership must be part of the reason.
  • A
    Amy
    Sold my short position when it dipped below 12.50. Don't see it dipping much further, although anything is possible. Great damage control for me, about 6 grand profit from the short.
  • R
    Richard
    So I went to drive in movie theaters this sat and it was packed. Cost was 30 per car and people still came out like crazy. The correlation to this point of view is that people want to still go out even to an old methodology of drive in movies. I have no doubt by end of the year cnk will be back at 18+. I cant tell the future but tell when people are dying to get out of the house and enjoy anything thats fairly low cost family fun
  • R
    Richard
    What's this change of beneficiary ownership change on the email for cnk investor mean for the stock overall?
  • t
    trung
    CNK climbs so steep without any news. It is a trend. I miss another chance with TPR - very sharp jump, 30% in 2 days.
  • A
    Amy
    I think it's about time to join the Ben muters. This guy can't be serious. He literally deleted his account when we hit 16 and made a new one when it came back down to 12 😂😭