We are initiating sponsored research coverage of Medient Studios, Inc. (MDNT) with a $2 short term target based on DCF of a 5 year proforma of 6-8 films per year and average annual $50M EPS fully diluted primarily derived from...
Special Alert: Initiating Coverage on Medient Studios, Inc: The Next Big Thing in Movie Making is Here!In his Shareholder Letter…Chairman/CEO Manu Kumaran says it all in his opening sentence:
“Dear Shareholders,
Change. We fear, detest, hope, yearn and even revere or despair of it. And irrespective of how we feel about change at any point in time we know it is inevitable. Medient is in the throes of big change and hopefully our transformation will help change the way films are made around the world.”
Our bet is Medient…and their partners the State of Georgia and Effingham County GA WILL succeed in their audacious plan to realign the film production process and make it significantly more efficient through economies of scale.
Their 1700 acre megaplex project will feature a vertically integrated movie and electronic games production facility with a fully functional campus in the style adopted by the technology industry—read Google. Through a combination of state-approved tax credits, technology and equipment efficiencies, the goal is to dramatically reduce movie production costs while continuing to generate high quality content in the most successful movie genres. From this scale of resources should come a solid and sustainable business model with predictable and consistent revenue streams.
Touche!
Founder and Editor-in-Chief for NBTEquitiesResearch.com. Contributor and Anchor for the Fox News Channel and Fox Business Network 2000-2013. Chairman & CEO of NBT Group, Inc., a boutique private capital investment bank and investor relations organization.