And still a little more LGF information to chew on...
(By the way, I made a mistake in my previous post by putting an apostrophe in "Lions Gate" -- it doesn't have one...)
Here's some scattered info I've gathered from various sources -- but I haven't had time to do a really thorough search for further data, and probably won't for a few days. So anybody who IS able to find other pertinent stats, please post them...
According to the latest info I can find, the Market Cap is $74,351,630 -- and there are a total of 23,326,000 common shares -- NONE of which are held by institutions. Don't know, though, how many are held by "Insiders" or how many are in the "float."
Average daily volume has been 66,000 shares (NOTE to any visitors from the NSKY or MVEE threads -- that IS pretty limited trading-activity, but the number of actual daily TRADES is generally higher than in either of those other stocks. The share-volume just looks a lot lower because of the higher price compared to the others).
52-week low was 2-5/8, high was 3-3/4. NOTE, though, that the fellow who wrote the "header" on this thread says the company did a 1-for-2 "reverse split" a while back, in order to reach the share-price needed to qualify for listing on the AMEX. So these are obviously split-adjusted prices. Usually, I know, reverse-splits are not a good sign for a stock -- but in this case, somehow, it doesn't really bother me.
The last "Balance sheet" I could find -- from June -- listed "ZERO" assets and liabilities, and long-term debt of just under 40-million dollars.
There are two co-Presidents of LGF, Tom Ortenberg and Mark Urman. In an interview with "The Hollywood Reporter," they say their main goal is to search for "quality films" to distribute. Urman said he'd worked mainly in film-industry PR for the nine years before he joined Lions Gate (ran the domestic division of the PR-firm "Dennis Davidson Associates") -- and says that during that time he established close ties to many leading talents (including writers, directors and performers). And he's been closely involved on a personal level with many of LGF's recent film-productions.
Ortenberg said he and Urman picked-up "Gods and Monsters:" for distribution after viewing it at last year's Sundance festival. He says he first saw "Affliction" in the summer of '97, and spent a lot of time and trouble getting the distribution rights -- with lots of help from Urman, who'd already been involved in the project with director Paul Schrader (Urman even has a screen-credit as the film's publicist).
There is also a very informative article by stock-analyst Tom Bishop on the "INVESTools" website -- which I'm reluctant to copy or quote from directly here because of possible copyright concerns. But among other things he notes that LGF's management-team already has two Oscars and 44 Oscar nominations to their credit (presumably from pre-LGF activities), and that they plan to produce or acquire 10-12 new features a year. Here's a link to the full article, so you can check it out yourselves...
investools.com
Once there, click on the "Quick Picks #3" link. NOTE: you must "register" with this site in order to access this or other articles -- bur registration is free, and it's frankly a very good service to have at your disposal (they regularly e-mail out articles and stock-tips, as well as offering information on the website itself)
Think that's about all I can offer tonight -- and I'll welcome any info anybody else can dig up...
Vagabond |
