Tag: Adam Aron (Page 1 of 5)

How Much Will APE Stock Be Worth?

how much will APE stock be worth?
Market News: Everything you need to know about AMC’s APE Stock Dividend

AMC shareholders are wondering how much APE stock will be worth.

The dividend was announced during AMC’s 2022 Q2 earnings call and has received a lot of attention.

But there seems to be a lot of misinformation going around regarding the dividend, as well as some hard truths.

In this article I’m going to break down how much APE stock will be worth and what shareholders can expect in the coming weeks for AMC.

Let’s get started!

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Who will receive APE Stock?

AMC Ape

AMC shareholders will receive 1 APE stock for every 1 share of AMC they hold at the end of the trading day of August 15th, per AMC’s press release.

Shareholders should see the new dividend stock reflect in their broker accounts the following week by Monday the 22nd.

APE stock is not a cash dividend which means shareholders will be able to trade the security like any other stock.

“These 516,820,595 new “AMC Preferred Equity units” will trade on the New York Stock Exchange with the symbol APE”, said CEO Adam Aron in a tweet earlier this month.

Shareholders who sell AMC stock prior to the closeout date will not receive APE stock upon the issue date.

Will APE expose synthetic shares?

AMC Ape Stock

There is a 50/50 chance APE stock will expose synthetic shares.

The reason being is that AMC Entertainment has already issued the 516.8 million equity units per outstanding AMC shares.

This means that the equity units already belong to every individual shareholder.

The problem will arise only when AMC shareholders do not receive APE stock.

If AMC shareholders only receive partial APE securities, then brokers will need to address the issue at hand.

An incomplete batch of APE stock could signify shareholders are indeed holding phantom shares.

But how likely is this scenario?

It’s very unlikely since naked shares tend to be transacted outside the lit exchange and are not traceable/recorded for the public.

Here’s what the CEO had to say regarding synthetic shares upon the announcement of this new equity unit.

The preferred equity dividend will go ONLY to company issued shares so if there are institutions holding synthetic shares, they will simply not receive APE.

How much will APE Stock be worth?

No, APE stock will not be worth $0.01 as many thought per AMC’s press release.

Adam Aron confirmed the “$0.01” referred to be merely a ‘placeholder’ used for technical legal terms.

APE stock will be worth approximately 50% of where AMC shares traded just before the dividend.

From there, market trading conditions will determine the ongoing share price of APE stock.

This means that if AMC traded at $25 per share before the dividend goes into effect, shareholders will see both AMC and APE stock reflect $12.50 per share each.

The value of AMC shareholders’ portfolios will not change but rather be divided in half by these two securities.

In other words, the value will be the sum of 1 AMC share plus 1 APE.

What’s up with Dilution rumors?

Is APE stock diluting AMC shares?

Yes and no.

While AMC shares are not being diluted, the introduction of APE stock allows the company to use half of the value of AMC shares to raise capital and pay down debt if they choose to.

Since shareholders have expressed they do not want to dilute AMC anymore, AMC Entertainment’s solution was to create a separate security (APE) from which they could use instead.

For the company, it’s a great fundamental move.

For shareholders, it means giving the company access to half of your capital.

Good or bad, this will depend on what the company means to each individual shareholder of course.

Some will be happy to play such an important role in the company’s growth and fundamentals, others not so much.

Many AMC shareholders purchased the stock to make money from a short squeeze so naturally there could be concerns.

Still, short sellers are betting against a company who are great at business and at raising capital, which is not ideal for them.

AMC Entertainment has proven time and time again Wall Street cannot stop their progress, growth, and innovation.

And where there are short sellers, there is a squeeze potential.

Final thoughts

Investors who purchased AMC stock to make some serious money must check-in with their conviction.

Although AMC’s share price will be divided in half, it will be up to investors to identify whether squeezing short sellers is still a priority.

And if it is, then APE stock should only be seen as another fundamental power move by the company to combat Wall Street opps (opposers).

Money should always be circulating, and that is what AMC Entertainment is successfully doing.

The question is, how will you as an investor allow your money to circulate and work for you?

That decision is yours and only yours to make.

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AMC Skyrockets More Than 7 Times Pandemic Levels

AMC stock news today
Market News: AMC dominates in Q3 as share price and attendance rises

AMC Entertainment stock closed today’s trading day up more than 7 times during pandemic levels.

When the pandemic closed movie theatres, AMC was trading at $3.19.

AMC stock closed at $23.67 on Wednesday.

Mainstream media has been menacing about pointing out how far out the movie theatre chain is from its all-time high.

And CEO Adam Aron is not happy about the misleading headlines.

The CEO took it to Twitter to express his concerns.

Here’s what’s happening.

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Mainstream media attacks

It comes as no surprise to see mainstream media publish headlines AMC is falling when in fact it is surging.

Or to read how far out AMC is from last year’s all-time high rather than the progress the company has made this year.

The conflict of interest surrounding institutional short sellers and the media is something that should be addressed more frequently.

Short and distort campaigns have focused on bringing AMC down in efforts to drive shares down.

Elon Musk has personally spoken out against short and distort campaigns saying it “takes advantage of retail investors”.

Here’s what AMC CEO Adam Aron had to say:

He says, “AMC is 11 times when we were written off for dead, 1/5/2021 $1.98 #TellTheWholeStory“.

Corporate media in the end is a corporation, an establishment that will cater to those who compensate them.

Though their approach may be unethical without a doubt, it’s up to retail investors to speak out and share pieces on the truth to educate their neighbors.

The Motley Fool, Yahoo Finance, fall in line

Yahoo Finance

The Motley Fool and Yahoo Finance have been one of AMC’s biggest media adversities.

For over a year now, both media sites have aimed to destroy AMC Entertainment’s reputation by painting a doomsday scenario around the company stock, CEO, and shareholders.

Other companies using short and distort campaigns to attack the movie theatre company include:

  • Benzinga
  • Seeking Alpha
  • InvestorPlace
  • MarketWatch
  • The Verge
  • CNBC
  • Barron’s

Independent blogs such as Franknez.com have been publishing the latter, the progression of the company.

Fox Business’s Charles Payne has also provided a positive attitude towards the development and recovery of the movie theatre chain.

But it’s the ‘ape’ community made up of retail investors who have been telling the ‘whole story’.

The true story.

So, what can investors do to combat mainstream media?

Share content from independent writers, share that activist’s tweet, and get the community’s voice heard.

That is what corporate media truly fears.

Related: How to Invest in The Stock Market for Beginners

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AMC Rises 54.78% Ending Trading Week Strong

AMC
Market News: AMC stock rises to $22.18 per share

AMC Entertainment stock rose +18.86% on Friday, a day after the movie theatre chain company beat Q2 earnings.

The stock is now up 54.78% on the 5-day trading week.

Shareholders are bracing for a long-awaited upwards break after many months of downtrend.

Is AMC Entertainment stock about to take off again?

Let’s discuss it below.

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AMC jumps after bullish Q2 earnings

AMC Q2 earnings

AMC Entertainment announced it had its best Q2 in 3 years, up 61% from its previous two years according to CEO Adam Aron.

The company was able to seat more than 59 million guests worldwide in Q2 alone, due to massive titles such as Doctor Strange: Multiverse of Madness and Top Gun: Maverick.

But it’s the new AMC stock dividend that has everyone raving about Q2 earnings.

Shareholders are going to be receiving one $APE share for every $AMC share they hold.

You’ll have to be an AMC shareholder by the 19th of August to get yours straight from your broker the following trading week.

This new stock will not dilute AMC Entertainment stock as $APE is its own security, separate from AMC stock.

Shareholders will be able to buy, sell, and trade the stock like any other security.

In an effort to tackle synthetic shares, here’s what CEO Adam Aron had to say:

The CEO seems to be taking this ‘pounce’ much more fundamentally than retail would have desired.

But is that even a bad thing?

Related: AMC Q2 Earnings Highlights (2022)

Wall Street loses grip

Analysts on Wall Street have been prophesizing the fall of AMC theatres for almost two years now, using mainstream media to mislead investors from buying the stock.

Had you listened to The Fool, Yahoo Finance, and other FUD platforms, you would have missed this opportunity for the third time.

But do no fret, as a big technical breakout could send AMC retesting the same levels it broke last year, sending AMC’s share price to another all-time high.

Short sellers will have to make a decision to either continue betting against this massive wave, or switch courses and ride with it.

Volume has begun to pick up for AMC, reaching 125.7 million on Friday alone.

Just five days ago the stock was trading at $14.33 per share ending the trading week at $22.18 and $22.45 after hours.

There’s no doubt the stock has begun a bullish trend.

The question is, will retail investors be able to continue to build the momentum leading into next week to break AMC’s next technical level?

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AMC Q2 Earnings Highlights (2022)

AMC Q2 Earnings Highlights
Market News: AMC beats earnings Q2 2022

AMC Q2 earnings have shareholders excited for the future.

The movie theatre chain company had its best 2nd quarter in 3 years, seating more than 59 million guests, up 61% from two years prior.

But perhaps the biggest news yet for AMC Entertainment is its new and upcoming stock dividend, $APE.

Which I’ll discuss more about below.

Did AMC’s Q2 earnings live up to its hype?

Be sure to join the discussion at the end of the article and let the community know your thoughts.

Here are AMC Q2 earnings highlights for 2022.

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AMC yields positive results for Q2 2022

AMC Entertainment announced it had its best Q2 in 3 years, up 61% from its previous two years according to CEO Adam Aron.

The company was able to seat more than 59 million guests worldwide in Q2 alone, due to massive titles such as Doctor Strange: Multiverse of Madness and Top Gun: Maverick.

Top Gun Maverick is currently the highest grossing film this year nearing $1.3 billion at the box office.

In Q2, AMC had $52 million of positive operating cash flow and $107 million positive EBITDA, which is relative to the strength of a company.

The company ended Q2 with $1.18 billion in liquidity, a trend we’ve seen in the past with Q1 of 2022.

AMC announced it had reduced its deferred rent by more than $250 million and plans to reduce it by another $40 million ending the year.

While AMC has become a target for Wall Street firms and journalists, it looks like opposers will continue to eat crow for the time being.

The largest movie theatre chain in the world has become a force to be reckoned with.

AMC issues APE dividend

One of the most exciting news confirmed during AMC’s Q2 earnings call was that of the issue of a new dividend.

Investors holding AMC Entertainment stock by August 19 will be granted a new stock for each AMC share they hold under the stock ticker symbol $APE.

This will be an additional security and will not dilute AMC’s float as it is a separate stock.

The ticker symbol APE stands for ‘AMC Preferred Equity’.

AMC plans to use this currency as a means to pay down debt and raise additional cash.

The new currency will be available to all international AMC shareholders and will be tradable in the market.

So, was AMC’s Q2 earnings what you expected?

Leave a comment down below.

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AMC Q2 Earnings Call is Less Than a Week Away

AMC Q2 earnings call
Market News: AMC Q2 earnings are just around the corner | AMC Q2 Earnings call date

AMC Q2 earnings call is scheduled to take place on Thursday August 4th, per CEO Adam Aron.

Shareholders are expecting a rather bullish earnings call given the great success films have had during the quarter.

Titles such as Doctor Strange: Multiverse of Madness and Top Gun: Maverick have had massive success in Q2.

Doctor Strange has made more than $815 million globally according to economic times.

Top Gun Maverick has earned more than $1.2 billion worldwide.

In Q1, Adam Aron announced AMC Entertainment had increased their historic market share of 22% to 26%.

Shareholders are anticipating a stronger and more profitable quarter for AMC’s Q2 earnings call.

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AMC Q1 2022 recap

Market News: AMC Q1 2022 recap
Market News: AMC Q1 2022 recap

AMC’s Q2 earnings call is just a few days away.

I will be covering the highlights here on the blog so be sure sign up for email notifications.

AMC Entertainment dominated with powerful Q1 results early this year.

AMC Entertainment announced it had the best 1st quarter in two years when it exceeded market expectations.

The movie theatre giant saw an impressive $630 million improvement in revenue in Q1 and $233 million in adjusted EBITDA from over a year ago.

CFO Sean Goodman announced that AMC seated 39 million guests in Q1 alone this year; it had seated 7 million guests in Q1 of 2021.

A whopping 32 million difference.

AMC Entertainment earned $785.7 million in revenue this first quarter, more than five times the revenue in Q1 of 2021 ($148.3m).

The company also ended Q1 with $1.4 billion in liquidity.

Debt and innovation

AMC repaid $45 million of deferred rent in Q1 reducing their balance to approximately $272 million.

They planned to reduce the deferred rent by another $125 million by the end of the year.

AMC Entertainment announced in July it had repurchased more than $72.5 million of lien debt.

I’m certain we will hear more about this in AMC’s Q2 earnings call this August.

Earlier in Q1 we saw AMC acquire seven new Bow Tie Cinema movie theatres.

The movie theatre chain announced a quarter billion investment in new state-of-the-art laser projectors too.

And in July Adam Aron teased about a partnership with Uber Eats.

The incredible thing is that AMC has been able to do this while significantly lowering their debt.

A pattern AMC Entertainment has demonstrated time and time again is that of progress.

A ‘pounce’ would not happen before second quarter

Adam Aron said on Twitter a ‘pounce’ would not happen before second quarter 2022 earnings are announced.

And it has shareholders eager to find out what’s coming.

Adam Aron Q2 ‘pounce’ tweet

Whatever it is, it’s bullish.

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Related: Is AMC CEO Adam Aron About to Release a Secret Weapon?

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Franknez.com

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The mission of this platform is to spread the truth majority of corporate media isn’t willing to, by giving the people in our community a voice.

Your dedicated support keeps this platform going.

Thank you for being a reader.

– Frank Nez


Which AMC Stock to Buy and How to Buy AMC Stock

Which AMC stock to buy - How to buy AMC stock
Which AMC stock to buy. Everything you need to know.

Are you wondering which AMC stock to buy?

I mean, there’s two AMC ticker symbols, right?

There’s AMC, and then there’s AMCX.

Well, if you’re looking to buy AMC Entertainment, the so called ‘meme stock’ for a short squeeze chance, then you’ll want to buy ticker symbol ‘AMC‘.

AMCX on the other hand is AMC Networks, as in the TV network where The Walking Dead airs.

Last year the Motley Fool published an article deceiving the public into buying AMCX to refrain AMC’s share price from surging due to retail demand.

You’ll know you’re buying the correct AMC stock as long as it’s the world’s largest movie theatre chain ‘AMC Entertainment Holdings, Inc., and not the television network.

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How to buy AMC stock

How to buy AMC stock
How to buy AMC stock with Vanguard.

To buy AMC stock, you’ll need to open a brokerage account with a broker such as Vanguard.

Once you open your account, you’ll be able to fund it similarly to a bank account and buy AMC Entertainment Holdings stock along with other desired stocks of your choice.

I don’t suggest you buy AMC stock with Robinhood as the broker has undergone several liquidity issues in the past.

Robinhood is no longer a trusted source for investing in the eyes of AMC and GameStop retail investors.

For a step-by-step guide on how to open your Vanguard brokerage account, you can read my beginners guide here.

AMC Entertainment stock is currently trading around the $14-$15 levels.

Is a short squeeze really possible?

AMC managed to squeeze a few short sellers from their positions last year when AMC’s short interest dropped from 23% to 20%, then to 14%, respectively.

For over a year now, AMC’s short interest has gone up to nearly 20% again indicating there is still juice for shareholders to take AMC’s share price to the next level.

I update AMC’s short interest every morning here on the blog so be sure to bookmark the page for the latest reported data.

The biggest reason investors are buying AMC stock is because of this massive short squeeze potential.

AMC may have reached an all-time high of $72 per share last year, but shareholders only saw this price runup as just the beginning.

AMC CEO Adam Aron recently hinted at an upcoming ‘pounce’, and investors are speculating something big for the stock.

Related: Is Adam Aron About to Release a Secret Weapon Soon?

Is AMC stock dead?

Absolutely not. In fact, AMC’s fundamentals have greatly strengthened in the past year.

AMC’s Q1 results for 2022 were very impressive as the company beat earnings, shocking Wall Street once again.

Q2 earnings call will be announced on Thursday, August 4th.

Be sure to check back in for the highlights here.

Is AMC’s short squeeze dead?

That’s very unlikely as AMC’s short interest is still rather high.

All AMC needs to squeeze shorts from their positions is momentum to drive the price up again, initiating mass panic for those betting against the company.

Want the latest stock market news and updates?

Franknez.com

I publish the latest market news and AMC stock updates here on the blog.

Many of my readers got in on AMC last year when the stock was trading at only $5 per share.

If you’ve been following my work closely, then chances are you also got in on HYMC stock (AMC’s mining company) and Shiba Inu Coin early enough to profit big.

Join the newsletter for daily market news sent straight to your inbox, or feel free to follow me on social media.

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AMC Entertainment Repurchases $72.5 Million of Lien Debt

AMC Debt
Market News: AMC debt update + more.

AMC Entertainment just published a press release on Wednesday announcing it strengthened its balance sheet once again.

The company repurchased approximately $72.5 million of its 10% second lien debt for $50 million.

This represents a 31% discount.

As a result of this debt reduction, AMC’s annual interest cost will be reduced by $7.25 million.

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Adam Aron comments on AMC debt repurchase

AMC CEO Adam Aron
AMC Theaters CEO Adam Aron | AMC Debt news and update

AMC CEO Adam Aron had this to say on Wednesday:

“Thanks to our passionate and supportive shareholders who helped us build a war chest of cash, and in light of the continued recovery of theatrical exhibition, we are very pleased to announce that the Company was able to repurchase more than $72 million of second lien debt at a significant and beneficial discount.”

The CEO added, “This action is one more step along our recovery glidepath. We will continue to seek creative and meaningful strategies to further strengthen our balance sheet and create value for our shareholders in the future.”

AMC Entertainment announced during Q1 announcements that it repaid $45 million of deferred rent reducing their balance to approximately $272 million.

They plan to reduce the deferred rent by another $125 million by the end of the year.

In Q1 alone, AMC seated more than 39 million guests, it had seated only 7 million guests in Q1 of 2021.

Q2 earnings will be released on Thursday, August 4th.

Recent AMC news

AMC CEO Adam Aron recently posted on Twitter, “Yet another promise kept. We now partner with Uber Eats. A pilot test to deliver movie theatre treats, especially AMC perfectly popcorn, to the home.”

The world’s largest movie theatre chain is partnering up with Uber Eats to deliver AMC Perfectly Popcorn in the Chicago and Kansas area.

This initiative will test the project before catering to the states.

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Related: Is AMC CEO Adam Aron About to Release a Secret Weapon?

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AMC Stock Gets Comfortable at $15 Levels: Will It Go Higher?

Will AMC Stock go up
Market News: AMC establishes new level of support – Will AMC stock keep going up?

AMC stock has found a new level of support at the $15 level.

We can see this by looking at the 5-day trading chart.

The stock is also now up more than 19% on the monthly chart.

For months now, the ‘ape’ community has been saying that AMC is not done running due how high the short interest is.

So, will AMC’s share price go higher?

Well, there’s a very high probability retail investors will squeeze short sellers this year like they did last year.

Let’s discuss it.

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

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AMC closes trading week up 6.00%

AMC Stock at $15 level - will AMC stock go up?
AMC stock at $15 level – Will AMC stock go up? AMC stock news and updates

AMC Entertainment stock closed the trading week up 6.00% and nearly 2% on Friday.

The company’s share price is now way out the money compared to analyst’s price targets.

CEO Adam Aron’s ‘pounce’ message has left Wall Street rather concerned as short sellers begin to take a step back.

We’re seeing a massive return in borrowed shares typically used to short AMC stock.

AMC’s shares on loan have dropped from 195 million to 130 million in only two weeks.

Although AMC’s short interest is still relatively high, the reported SI dropped from 23% to 18.04%.

While AMC’s current share price does not indicate signs of any major short covering, the drop in short interest does signify hedge funds returning borrowed share to their lenders.

Are short sellers getting ready to close their positions in AMC soon?

Well, we know that AMC’s fundamentals have impressively recovered and while it was a screaming short during the pandemic, that just simply isn’t the case anymore.

Movie-goers are filling up auditoriums and titles are breaking record one after another.

AMC announced during their Q1 earnings call that their market share had also increased from 22% to 26%.

This means the largest movie theatre chain in the world is no longer shrinking, but rather growing.

Is AMC stock a buy?

AMC stock news and updates - is AMC stock a buy?
AMC stock news and updates | AMC share price exceeds industry expectations

Analysts are hesitant to admit defeat, but with AMC’s recovery, growth, innovation, and increasing retail shareholder base, the stock is certainly a buy.

The market has proven time and time again that the movie theatre industry is not dead.

While it may have gone dormant during the coronavirus lockdown, online streaming simply cannot replace the theatrical experience one gets from the premier of a new movie release.

Whether you buy AMC stock for a short squeeze trade or long-term speculative investment, there’s profit to be made.

Especially if at one point AMC decides to introduce a cash dividend for its shareholders.

Related: How to Invest in The Stock Market Step-by-Step for Beginners

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Support your favorite blog for only $4/mo.

franknez.com

Your support helps maintain all the costs it takes to run a blog at this scale.

The mission of this platform is to spread the truth majority of corporate media isn’t willing to, by giving the people in our community a voice.

Your dedicated support keeps this platform going.

Thank you for being a reader.

– Frank Nez


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