Lion shall roar

Lionsgate may be woke, but they keep the faith

So there is one un-woke film entertainment company named Lionsgate which is having a wonderful year in both faith-based movies and unapologetic action genre:

John Wick and Jesus Revolution

The stock is $10 now but with some momentum this most definitely won’t remain at these levels.

Lionsgate isn’t joining a faith-based thematic spur of the moment. If you do a google search you will see its commitment to this sector of showbusiness.

With Apple committing to theatrical releases, I believe the time for good films will be amply rewarded.

And to add to this, Lionsgate is very famous for the horror film Saw. And the venerable WSJ has an article about how HORROR is in fashion now.

So 1+1+1=3

https://www.wsj.com/articles/horror-movie-boom-smile-nope-m3gan-host-barbarian-4e44a0d1

On another note, both John Malone and Carl Icahn were shareholders of this company at one point or another. People have made money on this name.

Now the big shareholder is a protege of Carl Icahn, Mark H. Rachesky. So the concept of running a proper business and looking for trends that should be profitable seems to be a good place to start.

Our daily emails, based on time, will have some ideas I have and then a follow up from time to time with more details. My concept of markets is

• Story and narrative. Most investors will buy a story, very much like a producer buying a script unseen based on an elevator pitch.

  • But digging deeper in understanding and imagining the business.

• Management and shareholder base. I’d like to know if I’m going to a community pool or an elite country club. Bad News Bears, or New York Yankees.

• Looking at numbers!

  • Both internally and externally which means the business numbers but external numbers from the price activity of a company to numbers publicly available yet rarely used in understanding the business fundamentals

Have a great day

PS. If you look at this picture, this is a mixed bag of entertainers. Investing may have different disciplines, but -hey- whatever works. At the end of the day, we are all drinking buddies