Added to YB: 2025-01-30
Pitch date: 2025-01-30
1970.HK [bullish]
IMAX China Holding, Inc.
+16.62%
current return
Author Info
No bio for this author
Company Info
IMAX China Holding, Inc., an investment holding company, provides digital and film-based motion picture technologies in Mainland China, Hong Kong, Taiwan, and Macau.
Market Cap
HKD 335.9M
Pitch Price
HKD 7.64
Price Target
10.00 (+12%)
Dividend
N/A
EV/EBITDA
4.38
P/E
11.04
EV/Sales
2.56
Sector
Entertainment
Category
growth
IMAX China’s (1970.HK) $7 Price vs. $10 Bid Suggests Possible Takeover Upside
1970.HK: IMAX China, 72% owned by IMAX, trades at $7 vs $10 bid. 40% of IMAX's 1700 screens. $300k EV/screen, 6-7x P/E. Record box office expected 2025-26 with strong lineup. Asset-light model, 15% ticket take rate. China Spring Festival pre-sales record set. Dividend reinstatement likely. Potential upside from new IMAX bid or China stimulus.
Read full article (3 min)