re: lot of volume last couple of days??
Hi lzalokar,
I'm happy to give my two cents worth.
Box Office has been down all over the world, and this will have an impact on the exhibition business of VRL, However the past 6 weeks have been stronger, it's all based on the product in the market..
The end of the year looks promising (Potter, Kong, Narnia)
The much bigger impact top VRL is how the Production side is performing comapred to it's peers.. Some of the studios have had a shocker this year with mulitple disappointments - Sony would be in this category.. And whilst overall box office in down, the two VRL/Warner products in the market thus far - Charlie & Dukes have done very well (over us$450M for Charlie) alone.
all this slates home the need to have a portfolio approach in production, and whilst it takes a long time to pay off even if successful, I beleive VRL is well on the way..
A 3 year Comparitive chart of VRL vs it closest Australian listed peer (NWS) is very interesting also.
Ralphie
VRL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
