Hon Leong personal page - To The Moon

Hon Leong

Hon Leong

No personal profile

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35Followers

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2022-11-21

[Cry] [Cry] [Cry]

AMC Entertainment: Turning A New Chapter In This Saga

2023-01-15

Good

2022-10-12

$AMC Entertainment(AMC)$

2022-09-19

I don't have any issue deposit and withdrawal.Great job tiger brokers 👍

2022-11-18

Congratulations Tiger broker award Best Retail Brokers 2022 Thanks Tiger brokers appear in my life. Deposit or withdrawal easy. Always keep updating platform. Keep it up 👍 Best brokers in my heart ❤️

2023-01-10

Good

2022-12-22

Good news from AMC.. CEO Adam you're the best

AMC to Raise $110 Million Through Preferred Stock Sale

2022-12-05

Excited and fantastic game Better than real bet 😉😉

2022-09-13

Shall Tiger trade apps additional button to specific clear earned trade and remain trade still under losing?

2023-04-27

$Faraday Future(FFIE)$

2023-04-27

$Faraday Future(FFIE)$

2023-02-12

Yuread

@贝多财经:九嶺鋰業衝刺上交所上市：計劃募資34億元，魏緒春爲董事長

2023-01-11

Good

2022-12-29

Good

2022-12-28

Good

2022-12-24

Good

2022-12-23

Good

2022-12-19

Good

2022-12-18

Good

2022-12-11

Good

Go to Tiger App to see more news

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Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","listText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world!&nbsp;While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","text":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","images":[{"img":"https://community-static.tradeup.com/news/e8c9b6ab16214df413c77708cf5957bf","width":"404","height":"707"},{"img":"https://community-static.tradeup.com/news/6f0ddb54cc9e55b9b9b59a0c9908bfb5","width":"358","height":"471"},{"img":"https://community-static.tradeup.com/news/d9cc4adf57a9972e62e94d321ecc6734","width":"402","height":"712"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963969638","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925654011,"gmtCreate":1672020154833,"gmtModify":1676538622434,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925654011","isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925965087,"gmtCreate":1671903525050,"gmtModify":1676538609351,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925965087","isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925012981,"gmtCreate":1671866293444,"gmtModify":1676538605452,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925012981","isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922890819,"gmtCreate":1671726126532,"gmtModify":1676538583764,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9922890819","isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922188340,"gmtCreate":1671718120181,"gmtModify":1676538581281,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Good news from AMC.. CEO Adam you're the best","listText":"Good news from AMC.. CEO Adam you're the best","text":"Good news from AMC.. CEO Adam you're the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9922188340","repostId":"1189390879","repostType":4,"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922339063,"gmtCreate":1671685452453,"gmtModify":1676538576277,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9922339063","isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926292106,"gmtCreate":1671552797305,"gmtModify":1676538555009,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926292106","isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9961449547,"gmtCreate":1669034161090,"gmtModify":1676538142342,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"[Cry]&nbsp;[Cry]&nbsp;[Cry]&nbsp;","listText":"[Cry]&nbsp;[Cry]&nbsp;[Cry]&nbsp;","text":"[Cry] [Cry] [Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9961449547","repostId":"1121461300","repostType":2,"repost":{"id":"1121461300","pubTimestamp":1669032891,"share":"https://www.laohu8.com/m/news/1121461300?lang=&edition=full","pubTime":"2022-11-21 20:14","market":"us","language":"en","title":"AMC Entertainment: Turning A New Chapter In This Saga","url":"https://stock-news.laohu8.com/highlight/detail?id=1121461300","media":"Seeking Alpha","summary":"SummaryWe had maintained a strong sell on our last update.The stock has shown resilience in the face","content":"<html><head></head><body><h2>Summary</h2><ul><li>We had maintained a strong sell on our last update.</li><li>The stock has shown resilience in the face of atrocious fundamentals.</li><li>The bonds are accepting reality and the clock is now ticking for AMC.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86770f5897702d3ac910e4fa1a5c3e84\" tg-width=\"1080\" tg-height=\"721\" width=\"100%\" height=\"auto\"/><span>Wirestock/iStock Editorial via Getty Images</span></p><p>When we last covered AMC Entertainment Holdings, Inc. (NYSE:AMC) and its preferred shares (APE), we stamped another &#34;Strong Sell&#34; rating on the two stocks. Our logic was not focused on any of the conspiracy theories floating around in this company. Itwas based on sound albeit generous, valuation measures that suggested that a 90% downside would be pretty standard. Specifically, we said,</p><blockquote>AMC still sports a $4.95 billion market capitalization and APE sports another $3.0 billion. That combined is at least $7.5 billion more than in it needs to be. Ahead of that is more than $5.4 billion of debt (ignoring operating lease liabilities). AMC&#39;s peak, pre-COVID-19 EBITDA was $1 billion.</blockquote><blockquote>It&#39;s hard to value this at even 6X EV to<i>peak</i>EBITDA let alone the implied 15X multiple today. Short interest is not too high, all things considered and we think both the AMC and APE shares are a &#34;Strong Sell,&#34; although we could see the logic in a Long APE, Short AMC trade.</blockquote><p>Source:Oh When The &#39;Apes&#39; Go Marching In</p><p>AMC has held up well relative to our expectations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad08ef605a74c289cad0e74eed022ad2\" tg-width=\"296\" tg-height=\"399\" width=\"100%\" height=\"auto\"/><span>Returns Since Last Article-Seeking Alpha</span></p><p>With Q3-2022 results out, we decided to see if the company offered any hope to the long-suffering bulls.</p><h2>Q3-2022</h2><p>AMC delivered yet another massive operating loss of almost $115 million. Total losses reached $225 million. Even backing out depreciation from the equation offered very little hope to the bulls.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bb158231417dce181ddebbee9cc222fa\" tg-width=\"579\" tg-height=\"635\" width=\"100%\" height=\"auto\"/><span>AMC Q3-2022 10-Q</span></p><p>We would note that these numbers came in a quarter with rather strong ticket sales and total revenues. Total sales were up 26% year over year from Q3-2021. Despite operating costs only moving up 19%, AMC still dug itself a large hole. The theatre business is a poor margin business during the best of times. Rent and film exhibition costs take away any possibility of making a decent profit. You can see above that the two categories mentioned eat up almost 90% of the admission revenues.</p><p>The income statement is always the warm-up to the main event and that main event is the cash flow statement. While total losses were close to $700 million for the year to date, the cash flow statement actually looked worse. The first three quarters showed a $750 million in total cash burn from operating activities and from capex.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/beec164f70c25ac2709bb7cceb36e1b5\" tg-width=\"507\" tg-height=\"822\" width=\"100%\" height=\"auto\"/><span>AMC Q3-2022 10-Q</span></p><p>Most companies cannot sustain such massive burn rates and AMC is no different. For the first 9 months of 2022, the cash burn worked to systematically demolish the company&#39;s current asset buffers. Current assets dropped from a chunky $1.87 billion on December 31, 2021, down to $0.9 billion at the end of the third quarter.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8e75ca46baf72962c2d3a95eee45a52b\" tg-width=\"512\" tg-height=\"694\" width=\"100%\" height=\"auto\"/><span>AMC Q3-2022 10-Q</span></p><p>The size of AMC&#39;s problem is also well visualized by seeing its working capital setup. Current liabilities now exceed current assets by $700 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/66f74b6da6e9046289514aa01f262cd4\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"/><span>Data by YCharts</span></p><p>The lowest this number ever got was near a negative $1.2 billion and we might add that happened during extremely loose monetary conditions. All other things being equal, we should go sailing past the $1.2 billion mark in the next 3 reported quarters.</p><h2>Bonds Not Buying The Rescue</h2><p>One potential savior for the company has always been dilution. It was the same dilution that allowed this saga to continue for so long and suckered in so many additional bulls. The recently released preferred APE units have unfortunately not worked as the company might have hoped. Their setup was as a backdoor dilutive unit, but they have stayed detached from AMC&#39;s shares. When their listing was first announced, bonds showed a measure of hope.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ebf5acbe9f59747a402d18156b95cae\" tg-width=\"640\" tg-height=\"549\" width=\"100%\" height=\"auto\"/><span>FINRA Nov 20, 2022</span></p><p>Unfortunately, as it became increasingly clear that that form of dilution would also be heresy to the AMC bulls, bonds began to lose hope. Currently the nearby bonds have yields between 42.00% and 50.9%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9376800547c4a32bc6600a99e1eb2a57\" tg-width=\"640\" tg-height=\"169\" width=\"100%\" height=\"auto\"/><span>FINRA Nov 20, 2022</span></p><p>The bond prices have dropped by about 50% since our last article while the common stock is just down 17%. We actually think even these bond prices are optimistic as there should be zero recovery beyond the secured debt, which these bonds are not.</p><h2>Outlook &amp; Verdict</h2><p>Every dance to zero has a few steps that go in the opposite direction. This one will be no different. Unfortunately with dilution out of the question at present, AMC&#39;s timeline appears in little doubt. We think a filing by Q4-2023 is now virtually certain. We base that on another potential $1.0-$1.2 billion of cash burn by then versus $900 million in current assets. Any short squeezes should be used to exit long positions as we approach the final chapter in this saga. On a scale of 1 to 10, this should be an 11.</p><p><i>Please note that this is not financial advice. It may seem like it, sound like it, but surprisingly, it is not. Investors are expected to do their own due diligence and consult with a professional who knows their objectives and constraints.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Entertainment: Turning A New Chapter In This Saga</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Entertainment: Turning A New Chapter In This Saga\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-21 20:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559403-amc-entertainment-q3-earnings-filing-virtually-certain><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryWe had maintained a strong sell on our last update.The stock has shown resilience in the face of atrocious fundamentals.The bonds are accepting reality and the clock is now ticking for AMC....</p>\n\n<a href=\"https://seekingalpha.com/article/4559403-amc-entertainment-q3-earnings-filing-virtually-certain\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://seekingalpha.com/article/4559403-amc-entertainment-q3-earnings-filing-virtually-certain","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121461300","content_text":"SummaryWe had maintained a strong sell on our last update.The stock has shown resilience in the face of atrocious fundamentals.The bonds are accepting reality and the clock is now ticking for AMC.Wirestock/iStock Editorial via Getty ImagesWhen we last covered AMC Entertainment Holdings, Inc. (NYSE:AMC) and its preferred shares (APE), we stamped another \"Strong Sell\" rating on the two stocks. Our logic was not focused on any of the conspiracy theories floating around in this company. Itwas based on sound albeit generous, valuation measures that suggested that a 90% downside would be pretty standard. Specifically, we said,AMC still sports a $4.95 billion market capitalization and APE sports another $3.0 billion. That combined is at least $7.5 billion more than in it needs to be. Ahead of that is more than $5.4 billion of debt (ignoring operating lease liabilities). AMC's peak, pre-COVID-19 EBITDA was $1 billion.It's hard to value this at even 6X EV topeakEBITDA let alone the implied 15X multiple today. Short interest is not too high, all things considered and we think both the AMC and APE shares are a \"Strong Sell,\" although we could see the logic in a Long APE, Short AMC trade.Source:Oh When The 'Apes' Go Marching InAMC has held up well relative to our expectations.Returns Since Last Article-Seeking AlphaWith Q3-2022 results out, we decided to see if the company offered any hope to the long-suffering bulls.Q3-2022AMC delivered yet another massive operating loss of almost $115 million. Total losses reached $225 million. Even backing out depreciation from the equation offered very little hope to the bulls.AMC Q3-2022 10-QWe would note that these numbers came in a quarter with rather strong ticket sales and total revenues. Total sales were up 26% year over year from Q3-2021. Despite operating costs only moving up 19%, AMC still dug itself a large hole. The theatre business is a poor margin business during the best of times. Rent and film exhibition costs take away any possibility of making a decent profit. You can see above that the two categories mentioned eat up almost 90% of the admission revenues.The income statement is always the warm-up to the main event and that main event is the cash flow statement. While total losses were close to $700 million for the year to date, the cash flow statement actually looked worse. The first three quarters showed a $750 million in total cash burn from operating activities and from capex.AMC Q3-2022 10-QMost companies cannot sustain such massive burn rates and AMC is no different. For the first 9 months of 2022, the cash burn worked to systematically demolish the company's current asset buffers. Current assets dropped from a chunky $1.87 billion on December 31, 2021, down to $0.9 billion at the end of the third quarter.AMC Q3-2022 10-QThe size of AMC's problem is also well visualized by seeing its working capital setup. Current liabilities now exceed current assets by $700 million.Data by YChartsThe lowest this number ever got was near a negative $1.2 billion and we might add that happened during extremely loose monetary conditions. All other things being equal, we should go sailing past the $1.2 billion mark in the next 3 reported quarters.Bonds Not Buying The RescueOne potential savior for the company has always been dilution. It was the same dilution that allowed this saga to continue for so long and suckered in so many additional bulls. The recently released preferred APE units have unfortunately not worked as the company might have hoped. Their setup was as a backdoor dilutive unit, but they have stayed detached from AMC's shares. When their listing was first announced, bonds showed a measure of hope.FINRA Nov 20, 2022Unfortunately, as it became increasingly clear that that form of dilution would also be heresy to the AMC bulls, bonds began to lose hope. Currently the nearby bonds have yields between 42.00% and 50.9%.FINRA Nov 20, 2022The bond prices have dropped by about 50% since our last article while the common stock is just down 17%. We actually think even these bond prices are optimistic as there should be zero recovery beyond the secured debt, which these bonds are not.Outlook & VerdictEvery dance to zero has a few steps that go in the opposite direction. This one will be no different. Unfortunately with dilution out of the question at present, AMC's timeline appears in little doubt. We think a filing by Q4-2023 is now virtually certain. We base that on another potential $1.0-$1.2 billion of cash burn by then versus $900 million in current assets. Any short squeezes should be used to exit long positions as we approach the final chapter in this saga. On a scale of 1 to 10, this should be an 11.Please note that this is not financial advice. It may seem like it, sound like it, but surprisingly, it is not. Investors are expected to do their own due diligence and consult with a professional who knows their objectives and constraints.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958585520,"gmtCreate":1673775643860,"gmtModify":1676538884262,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958585520","isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9917467532,"gmtCreate":1665567711627,"gmtModify":1676537628785,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$</a><v-v data-views=\"1\"></v-v>","text":"$AMC Entertainment(AMC)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9917467532","isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910171499,"gmtCreate":1663586484311,"gmtModify":1676537296019,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"I don't have any issue deposit and withdrawal.Great job tiger brokers 👍","listText":"I don't have any issue deposit and withdrawal.Great job tiger brokers 👍","text":"I don't have any issue deposit and withdrawal.Great job tiger brokers 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9910171499","isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961030948,"gmtCreate":1668781376385,"gmtModify":1676538112985,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Congratulations Tiger broker award Best Retail Brokers 2022 Thanks Tiger brokers appear in my life. Deposit or withdrawal easy. Always keep updating platform. Keep it up 👍 Best brokers in my heart ❤️","listText":"Congratulations Tiger broker award Best Retail Brokers 2022 Thanks Tiger brokers appear in my life. Deposit or withdrawal easy. Always keep updating platform. Keep it up 👍 Best brokers in my heart ❤️","text":"Congratulations Tiger broker award Best Retail Brokers 2022 Thanks Tiger brokers appear in my life. Deposit or withdrawal easy. Always keep updating platform. Keep it up 👍 Best brokers in my heart ❤️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961030948","isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953706931,"gmtCreate":1673319549624,"gmtModify":1676538817571,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9953706931","isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922188340,"gmtCreate":1671718120181,"gmtModify":1676538581281,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Good news from AMC.. CEO Adam you're the best","listText":"Good news from AMC.. CEO Adam you're the best","text":"Good news from AMC.. CEO Adam you're the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9922188340","repostId":"1189390879","repostType":4,"repost":{"id":"1189390879","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1671716671,"share":"https://www.laohu8.com/m/news/1189390879?lang=&edition=full","pubTime":"2022-12-22 21:44","market":"us","language":"en","title":"AMC to Raise $110 Million Through Preferred Stock Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1189390879","media":"Reuters","summary":"Dec 22 (Reuters) - AMC Entertainment Holdings said on Thursday it would raise $110 million in new eq","content":"<html><head></head><body><p>Dec 22 (Reuters) - AMC Entertainment Holdings said on Thursday it would raise $110 million in new equity capital through the sale of its preferred stock, sending the cinema chain&#39;s shares down about 24% before the bell.</p><p><img src=\"https://static.tigerbbs.com/9d9cb280235a91153a72a51a98206c23\" tg-width=\"867\" tg-height=\"623\" referrerpolicy=\"no-referrer\"/></p><p>Antara Capital will buy APE at an average price of 66 cents per share. APE shares surged about 112% to $1.45.</p><p><img src=\"https://static.tigerbbs.com/fc6347d7b21fe5e3b6e88e92ce098245\" tg-width=\"852\" tg-height=\"620\" referrerpolicy=\"no-referrer\"/></p><p>Antara, a current AMC debt holder, will also exchange $100 million in debt for about 91 million APE units, which would reduce AMC&#39;s annual interest expense by about $10 million.</p><p>AMC in August announced APE as a special dividend for shareholders and a means to raise capital in the future. The company in the same month listed the stock in New York under the ticker &#39;APE&#39;.</p><p><b><i>The following is the original announcement of AMC Entertainment:</i></b></p><p><b>AMC Entertainment Holdings, Inc. Announces $110 Million Equity Capital Raise, a $100 Million Debt for Equity Exchange, and a Proposed Vote to Convert AMC Preferred Equity (“APE”) Units Into AMC Common Shares and Implement a Reverse Stock Split</b></p><ul><li><i>Raises $110 million of new equity capital through the sale of APE units to Antara Capital, LP (“Antara”) at a weighted average price of $0.660 per share. The APE closing price on the NYSE on December 21, 2022 was $0.685.</i></li></ul><ul><li><i>Reduces debt by $100 million principal amount of 2nd Lien Notes due 2026 currently held by Antara in exchange for approximately 91.0 million APE units. This $100 million principal debt reduction reduces annual interest expense by approximately $10 million.</i></li></ul><ul><li><i>Seeks a special shareholder meeting to vote on the following AMC Board of Directors proposals:</i></li></ul><p>AMC Entertainment Holdings, Inc. (NYSE: AMC and APE) (“AMC” or “the Company”), today announced it will raise $110 million of new equity capital through the sale of APE units to Antara Capital, LP (“Antara”) in two tranches at a weighted average price of $0.660 per share. The APE unit closing price on the New York Stock Exchange on December 21, 2022 was $0.685.</p><p>Under the terms of the agreement, Antara, a current AMC debt holder, will also exchange $100 million principal amount of 2nd Lien Notes due 2026 for approximately 91.0 million APE units thereby reducing AMC’s outstanding debt by $100 million. As a result of the $100 million principal debt reduction, future annual interest expense will be reduced by approximately $10 million.</p><p>The sale of APE units to Antara will be split into two tranches. The first tranche involves the immediate purchase by Antara of 60 million APE units under the Company’s at-the-market program (“ATM program”). The second tranche, for the purchase of approximately 106.6 million APE units, as well as the $100 million debt exchange, are subject to the completion of the waiting period under Hart-Scott-Rodino (“HSR”).</p><p>In addition, AMC’s Board of Directors is seeking to hold a special meeting for holders of both AMC common shares and APE units (voting together) to vote on the following proposals:</p><ul><li>To increase the authorized number of AMC common shares to permit the conversion of APE units into AMC common shares.</li><li>To affect a reverse-split of AMC common shares at a 1:10 ratio.</li><li>To adjust authorized ordinary share capital such that, after giving effect to the above proposals if adopted, AMC would have the same ability to issue additional common equity as it currently has to issue additional APE units.</li></ul><p>As part of the agreement, Antara has agreed to hold their APE units for up to 90 days and vote them at the special meeting in favor of the proposals. In addition, AMC will limit the amount of additional equity capital it can raise prior to the special meeting.</p><p>Adam Aron, Chairman and CEO of AMC Entertainment commented, “AMC’s ongoing capital raising efforts and balance sheet strengthening continues in earnest. We have agreed with Antara to raise $110 million dollars of fresh equity capital, taking our total equity capital raised through the sale of APE units to $272 million of additional cash over the last 90 days. In addition, with this Antara transaction, we also are improving our balance sheet by reducing the principal balance of our debt by yet another $100 million through a debt for APE unit exchange. This is in addition to the approximate $180 million of debt reduction already accomplished by AMC in 2022.”</p><p>Aron added, “Clearly, the existence of APEs has been achieving exactly their intended purposes. They have let AMC raise much welcomed cash, reduce debt and in so doing deleverage our balance sheet and allow us to explore possible M&amp;A activity. However, given the consistent trading discount that we are routinely seeing in the price of APE units compared to AMC common shares, we believe it is in the best interests of our shareholders for us to simplify our capital structure, thereby eliminating the discount that has been applied to the APE units in the market.”</p><p>Aron concluded, “All should know that our liquidity position is now significantly enhanced, and our balance sheet is strengthened. We look forward to a growing industry box office in 2023 and beyond and also look forward to AMC continuing to benefit from our unique leadership position in the movie theatre industry.”</p><p>The capital raise and debt exchange are subject to customary closing conditions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC to Raise $110 Million Through Preferred Stock Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC to Raise $110 Million Through Preferred Stock Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-22 21:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Dec 22 (Reuters) - AMC Entertainment Holdings said on Thursday it would raise $110 million in new equity capital through the sale of its preferred stock, sending the cinema chain&#39;s shares down about 24% before the bell.</p><p><img src=\"https://static.tigerbbs.com/9d9cb280235a91153a72a51a98206c23\" tg-width=\"867\" tg-height=\"623\" referrerpolicy=\"no-referrer\"/></p><p>Antara Capital will buy APE at an average price of 66 cents per share. APE shares surged about 112% to $1.45.</p><p><img src=\"https://static.tigerbbs.com/fc6347d7b21fe5e3b6e88e92ce098245\" tg-width=\"852\" tg-height=\"620\" referrerpolicy=\"no-referrer\"/></p><p>Antara, a current AMC debt holder, will also exchange $100 million in debt for about 91 million APE units, which would reduce AMC&#39;s annual interest expense by about $10 million.</p><p>AMC in August announced APE as a special dividend for shareholders and a means to raise capital in the future. The company in the same month listed the stock in New York under the ticker &#39;APE&#39;.</p><p><b><i>The following is the original announcement of AMC Entertainment:</i></b></p><p><b>AMC Entertainment Holdings, Inc. Announces $110 Million Equity Capital Raise, a $100 Million Debt for Equity Exchange, and a Proposed Vote to Convert AMC Preferred Equity (“APE”) Units Into AMC Common Shares and Implement a Reverse Stock Split</b></p><ul><li><i>Raises $110 million of new equity capital through the sale of APE units to Antara Capital, LP (“Antara”) at a weighted average price of $0.660 per share. The APE closing price on the NYSE on December 21, 2022 was $0.685.</i></li></ul><ul><li><i>Reduces debt by $100 million principal amount of 2nd Lien Notes due 2026 currently held by Antara in exchange for approximately 91.0 million APE units. This $100 million principal debt reduction reduces annual interest expense by approximately $10 million.</i></li></ul><ul><li><i>Seeks a special shareholder meeting to vote on the following AMC Board of Directors proposals:</i></li></ul><p>AMC Entertainment Holdings, Inc. (NYSE: AMC and APE) (“AMC” or “the Company”), today announced it will raise $110 million of new equity capital through the sale of APE units to Antara Capital, LP (“Antara”) in two tranches at a weighted average price of $0.660 per share. The APE unit closing price on the New York Stock Exchange on December 21, 2022 was $0.685.</p><p>Under the terms of the agreement, Antara, a current AMC debt holder, will also exchange $100 million principal amount of 2nd Lien Notes due 2026 for approximately 91.0 million APE units thereby reducing AMC’s outstanding debt by $100 million. As a result of the $100 million principal debt reduction, future annual interest expense will be reduced by approximately $10 million.</p><p>The sale of APE units to Antara will be split into two tranches. The first tranche involves the immediate purchase by Antara of 60 million APE units under the Company’s at-the-market program (“ATM program”). The second tranche, for the purchase of approximately 106.6 million APE units, as well as the $100 million debt exchange, are subject to the completion of the waiting period under Hart-Scott-Rodino (“HSR”).</p><p>In addition, AMC’s Board of Directors is seeking to hold a special meeting for holders of both AMC common shares and APE units (voting together) to vote on the following proposals:</p><ul><li>To increase the authorized number of AMC common shares to permit the conversion of APE units into AMC common shares.</li><li>To affect a reverse-split of AMC common shares at a 1:10 ratio.</li><li>To adjust authorized ordinary share capital such that, after giving effect to the above proposals if adopted, AMC would have the same ability to issue additional common equity as it currently has to issue additional APE units.</li></ul><p>As part of the agreement, Antara has agreed to hold their APE units for up to 90 days and vote them at the special meeting in favor of the proposals. In addition, AMC will limit the amount of additional equity capital it can raise prior to the special meeting.</p><p>Adam Aron, Chairman and CEO of AMC Entertainment commented, “AMC’s ongoing capital raising efforts and balance sheet strengthening continues in earnest. We have agreed with Antara to raise $110 million dollars of fresh equity capital, taking our total equity capital raised through the sale of APE units to $272 million of additional cash over the last 90 days. In addition, with this Antara transaction, we also are improving our balance sheet by reducing the principal balance of our debt by yet another $100 million through a debt for APE unit exchange. This is in addition to the approximate $180 million of debt reduction already accomplished by AMC in 2022.”</p><p>Aron added, “Clearly, the existence of APEs has been achieving exactly their intended purposes. They have let AMC raise much welcomed cash, reduce debt and in so doing deleverage our balance sheet and allow us to explore possible M&amp;A activity. However, given the consistent trading discount that we are routinely seeing in the price of APE units compared to AMC common shares, we believe it is in the best interests of our shareholders for us to simplify our capital structure, thereby eliminating the discount that has been applied to the APE units in the market.”</p><p>Aron concluded, “All should know that our liquidity position is now significantly enhanced, and our balance sheet is strengthened. We look forward to a growing industry box office in 2023 and beyond and also look forward to AMC continuing to benefit from our unique leadership position in the movie theatre industry.”</p><p>The capital raise and debt exchange are subject to customary closing conditions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","APE":"AMC Entertainment Preferred"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189390879","content_text":"Dec 22 (Reuters) - AMC Entertainment Holdings said on Thursday it would raise $110 million in new equity capital through the sale of its preferred stock, sending the cinema chain's shares down about 24% before the bell.Antara Capital will buy APE at an average price of 66 cents per share. APE shares surged about 112% to $1.45.Antara, a current AMC debt holder, will also exchange $100 million in debt for about 91 million APE units, which would reduce AMC's annual interest expense by about $10 million.AMC in August announced APE as a special dividend for shareholders and a means to raise capital in the future. The company in the same month listed the stock in New York under the ticker 'APE'.The following is the original announcement of AMC Entertainment:AMC Entertainment Holdings, Inc. Announces $110 Million Equity Capital Raise, a $100 Million Debt for Equity Exchange, and a Proposed Vote to Convert AMC Preferred Equity (“APE”) Units Into AMC Common Shares and Implement a Reverse Stock SplitRaises $110 million of new equity capital through the sale of APE units to Antara Capital, LP (“Antara”) at a weighted average price of $0.660 per share. The APE closing price on the NYSE on December 21, 2022 was $0.685.Reduces debt by $100 million principal amount of 2nd Lien Notes due 2026 currently held by Antara in exchange for approximately 91.0 million APE units. This $100 million principal debt reduction reduces annual interest expense by approximately $10 million.Seeks a special shareholder meeting to vote on the following AMC Board of Directors proposals:AMC Entertainment Holdings, Inc. (NYSE: AMC and APE) (“AMC” or “the Company”), today announced it will raise $110 million of new equity capital through the sale of APE units to Antara Capital, LP (“Antara”) in two tranches at a weighted average price of $0.660 per share. The APE unit closing price on the New York Stock Exchange on December 21, 2022 was $0.685.Under the terms of the agreement, Antara, a current AMC debt holder, will also exchange $100 million principal amount of 2nd Lien Notes due 2026 for approximately 91.0 million APE units thereby reducing AMC’s outstanding debt by $100 million. As a result of the $100 million principal debt reduction, future annual interest expense will be reduced by approximately $10 million.The sale of APE units to Antara will be split into two tranches. The first tranche involves the immediate purchase by Antara of 60 million APE units under the Company’s at-the-market program (“ATM program”). The second tranche, for the purchase of approximately 106.6 million APE units, as well as the $100 million debt exchange, are subject to the completion of the waiting period under Hart-Scott-Rodino (“HSR”).In addition, AMC’s Board of Directors is seeking to hold a special meeting for holders of both AMC common shares and APE units (voting together) to vote on the following proposals:To increase the authorized number of AMC common shares to permit the conversion of APE units into AMC common shares.To affect a reverse-split of AMC common shares at a 1:10 ratio.To adjust authorized ordinary share capital such that, after giving effect to the above proposals if adopted, AMC would have the same ability to issue additional common equity as it currently has to issue additional APE units.As part of the agreement, Antara has agreed to hold their APE units for up to 90 days and vote them at the special meeting in favor of the proposals. In addition, AMC will limit the amount of additional equity capital it can raise prior to the special meeting.Adam Aron, Chairman and CEO of AMC Entertainment commented, “AMC’s ongoing capital raising efforts and balance sheet strengthening continues in earnest. We have agreed with Antara to raise $110 million dollars of fresh equity capital, taking our total equity capital raised through the sale of APE units to $272 million of additional cash over the last 90 days. In addition, with this Antara transaction, we also are improving our balance sheet by reducing the principal balance of our debt by yet another $100 million through a debt for APE unit exchange. This is in addition to the approximate $180 million of debt reduction already accomplished by AMC in 2022.”Aron added, “Clearly, the existence of APEs has been achieving exactly their intended purposes. They have let AMC raise much welcomed cash, reduce debt and in so doing deleverage our balance sheet and allow us to explore possible M&A activity. However, given the consistent trading discount that we are routinely seeing in the price of APE units compared to AMC common shares, we believe it is in the best interests of our shareholders for us to simplify our capital structure, thereby eliminating the discount that has been applied to the APE units in the market.”Aron concluded, “All should know that our liquidity position is now significantly enhanced, and our balance sheet is strengthened. We look forward to a growing industry box office in 2023 and beyond and also look forward to AMC continuing to benefit from our unique leadership position in the movie theatre industry.”The capital raise and debt exchange are subject to customary closing conditions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967047411,"gmtCreate":1670240349333,"gmtModify":1676538327013,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Excited and fantastic game Better than real bet&nbsp; 😉😉","listText":"Excited and fantastic game Better than real bet&nbsp; 😉😉","text":"Excited and fantastic game Better than real bet 😉😉","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967047411","isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935894244,"gmtCreate":1663060901388,"gmtModify":1676537194043,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"Shall Tiger trade apps additional button to specific clear earned trade and remain trade still under losing?&nbsp;","listText":"Shall Tiger trade apps additional button to specific clear earned trade and remain trade still under losing?&nbsp;","text":"Shall Tiger trade apps additional button to specific clear earned trade and remain trade still under losing?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935894244","isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947322911,"gmtCreate":1682593752133,"gmtModify":1682593754530,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future(FFIE)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future(FFIE)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Faraday Future(FFIE)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947322911","isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947302420,"gmtCreate":1682525392261,"gmtModify":1682525394025,"author":{"id":"4114335159375852","authorId":"4114335159375852","name":"Hon Leong","avatar":"https://community-static.tradeup.com/news/e54d552d23801df2b6d39e2bf303b804","crmLevel":2,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future(FFIE)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future(FFIE)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$Faraday 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