12-16-2021, 11:41 AM
Thoughts on AMC? (NOT as a m3me)
<!-- SC_OFF --><div class="md"><p>Would love to hear opinions on AMC as a real investment, not as a m3me stock.</p> <p>I bought into AMC because of two reasons:</p> <ol> <li>I believe (and still do) that movie theaters will continue to recover in attendance over time as we normalize into whatever COVID is going to normalize into. The recent dip in the stock tells me it’s not baked into the price anymore at least. Still, I am optimistic about movie magic combined with the antsy-ness of a population stuck at home for further gains on attendance. Here’s a quick graph showing why I believe this so strongly: <a href="https://www.the-numbers.com/market/">https://www.the-numbers.com/market/</a>. Even if it never recovers to pre-pandemic levels, which I feel it will, there's still plenty of growth left.</li> <li>I really loved the A-List program. Many people I know have started to adopt it, observed over the last several years. When I had free time, I’d go see multiple movies per month and felt it was a great deal. Now that I don’t, I still keep the sub around because I feel that I might. Classic subscription benefit for the company. Also being able to book for my friends without having to do the Venmo runaround is great, esp for sell out MCU premieres.</li> <li>I see AMC as a medium term play. Is it a sustainable business over the long term and will movie going see long term growth over the next 5-10 years? Maybe, but I'm not willing to bet on that. I am willing to bet that there will be a stock bump from an attendance resurgence as we recover from COVID, so something more like a bet of 1-3 years.</li> </ol> <p>I wanted to share my opinion and see who agreed or disagreed with me and why.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/vexir"> /u/vexir </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/rh88ev/thoughts_on_amc_not_as_a_m3me/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/rh88ev/thoughts_on_amc_not_as_a_m3me/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Would love to hear opinions on AMC as a real investment, not as a m3me stock.</p> <p>I bought into AMC because of two reasons:</p> <ol> <li>I believe (and still do) that movie theaters will continue to recover in attendance over time as we normalize into whatever COVID is going to normalize into. The recent dip in the stock tells me it’s not baked into the price anymore at least. Still, I am optimistic about movie magic combined with the antsy-ness of a population stuck at home for further gains on attendance. Here’s a quick graph showing why I believe this so strongly: <a href="https://www.the-numbers.com/market/">https://www.the-numbers.com/market/</a>. Even if it never recovers to pre-pandemic levels, which I feel it will, there's still plenty of growth left.</li> <li>I really loved the A-List program. Many people I know have started to adopt it, observed over the last several years. When I had free time, I’d go see multiple movies per month and felt it was a great deal. Now that I don’t, I still keep the sub around because I feel that I might. Classic subscription benefit for the company. Also being able to book for my friends without having to do the Venmo runaround is great, esp for sell out MCU premieres.</li> <li>I see AMC as a medium term play. Is it a sustainable business over the long term and will movie going see long term growth over the next 5-10 years? Maybe, but I'm not willing to bet on that. I am willing to bet that there will be a stock bump from an attendance resurgence as we recover from COVID, so something more like a bet of 1-3 years.</li> </ol> <p>I wanted to share my opinion and see who agreed or disagreed with me and why.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/vexir"> /u/vexir </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/rh88ev/thoughts_on_amc_not_as_a_m3me/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/rh88ev/thoughts_on_amc_not_as_a_m3me/">[comments]</a></span>Kind Regards R