RE:RE:RE:Industrial Alliance Loading up on SharesI've had a look at it.
It's a very theoretical valuation based only on DCF @ 15%. The assumptions are not out of this world, but quite aggressive (4,800 screens, 115,200 seats over 10 years, with a pick-up in deployment in 5-6 years and 700$ annual revenues per seat).
Anyway, there's no way that this stock will be valued based on expected high number of seats deployment 5-6 years out... at least not at 15% discount rate...
But I think that the stock will pick-up momentum rapidly when we will see the deployment numbers getting up, but it might be 2-3 years from now (and I do believe it will pick-up, I've read/saw multiple reports of theaters owners saying that they need to make their product an experience for the consumer, as the current big screen, surround sound, 3D isn't cutting it vs. the home theater).