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WildBrain Ltd T.WILD

Alternate Symbol(s):  T.WILD.DB | WLDBF

WildBrain Ltd. is a Canada-based kids’ and family entertainment company. The Company develops, produces and distributes films and television programs for domestic and international markets; licenses its brands in the domestic and international markets; broadcasts films and television programs in the domestic market; sells advertising on various ad-supported video-on-demand platforms; and manages copyrights, licensing and brands for third parties. Its reportable segments include Content & Licensing Business and Canadian Television Broadcasting. The Content & Licensing Business segment includes Content Creation and Audience Engagement and Global Licensing. The Canadian Television Broadcasting segment operates the Family broadcast channels in Canada. It operates a diverse range of business lines, including animation and live-action production studios, linear and digital content distribution, consumer products licensing and representation, advertising sales and linear broadcasting.


TSX:WILD - Post by User

Bullboard Posts
Comment by netstarson Sep 12, 2018 1:12pm
136 Views
Post# 28605993

RE:RE:What’s up??

RE:RE:What’s up??Agreed. It might explain yesterday's drop of 8.5%, not today's of more than 20%. I've checked the debt convenants for Senior Secured Credit Facilities, which requires a Net Leverage Ratio of not more than 6.75 times as of September 30th, 2018, a reduction from previoius requirement of 7.25 times. As of March 31st, DHX reported its NLR at 5.67 times. I didn't consider NLR a factor given where it stood at the end of last quarter, but I'm beginning to wonder now.

I also checked for short sellers' reports. Nothing from the sites I follow.

So, I don't know why the drop should be so dramatic this far ahead of earnings. ITG, Canaccord and Anonymous are the high net sellers. 
Bullboard Posts