Stock Watchers’ Discussions

• Everyman Media Group is discussed with concerns over high lease liabilities.
• Commentary on significant investments being made by entities like Blue Coast.
• Everyman Media Group’s CEO, Alex Scrimgeour, outlines the FY23 results, highlighting operational and financial performance, expansion strategy, and the state of the UK film market.
• Criticisms are voiced about management’s decision to award 10p options without making targets public, suggesting a lack of transparency.
• Discussions about Everyman’s past year involve organic improvements, refurbishments, new openings, and mergers and acquisitions, with expectations for significant de-leveraging.
• Concerns are raised about the company’s net debt, which is not expected to decrease due to new openings, although these are reportedly covered by cash flow.
• Stock watchers debate the company’s EV/EBITDA ratio, de-leveraging plans, and the potential for a private equity firm to find value if the market doesn’t.
• The financial results webinar for Everyman Media Group is announced, offering a platform for further insights into the company’s performance.
• Frustrations are aired over the current low share price and the desire for the company to exit the public market.
• Speculation about the timing of the FY23 results and the impact of the directors’ close period on stock prices.
• Concerns over potential private equity takeovers, focusing on incentivization of management and board members, and the likelihood of major holders being bought out at a discount.
• Observations on stock movements, suggesting influence by private equities rather than individual investors, and calling for better investor relations efforts.
• Pessimism about the stock’s recovery and discussions on the historical context of private equity behaviours in takeovers.