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Bullboard - Stock Discussion Forum Kew Media Group Inc (Variable Voting) KWWMF

Kew Media Group Inc produces and distributes multi-genre content worldwide. The company operates through two segments namely Production and Distribution. Generating a majority of its revenue from the Production segment. Geographically, it generates a majority of its revenue from the United States.

EXPM:KWWMF - Post Discussion

View:
Post by daveholton on Dec 19, 2019 1:10pm

Some coverage

Kew owns companies including Content Media Corp, Bristow Global Media, Frantic Films, TCB Media Rights and Sienna Films. Sources have told TBI that the most likely buyers of KMG will be private equity investors, which will likely take the outfit off the stock market and restructure its operations. Others have suggested individual companies could look to buy themselves out, although it is unclear whether Kew’s financial structure could allow that.

https://tbivision.com/2019/12/18/exclusive-kew-media-shares-fall-again-as-private-equity-explore-options/
Comment by daveholton on Dec 19, 2019 1:37pm
"Kew, which has named former Metro Goldwyn Mayer exec Michael Corrigan as interim CFO, has already received “expressions of interest” from a number of parties with a special committee of independent directors examining options for the company going forwards. That could include a sale of part or all of the company, a merger or new capital initiatives, it said, adding that it “is actively ...more  
Comment by SIGG1 on Dec 19, 2019 1:45pm
My biggest fear holding this stock after the past press releases was that if IIROC decide to halt the stock pending completion of an investigation about this: KEW has also learned that certain reports provided by Geoff Webb, the Company’s Chief Financial Officer, to the Company and its senior lenders contained inaccurate information regarding working capital. If you own the stock while it's ...more  
Comment by daveholton on Dec 19, 2019 2:01pm
Bounce in effect! This could see over $1 in a hurry imo!!
Comment by daveholton on Dec 19, 2019 4:05pm
Beautiful close! Bullish hammer candle is signalling reversal!
Comment by daveholton on Dec 20, 2019 9:39am
And we are back above $1... I am sorry for those who dumped on fear.
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