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Bullish Case: NCMI's emerging programmatic advertising prospects, positive attention metrics, and industry partnerships are poised to enhance its market share in cinema advertising, potentially delivering strong results in upcoming quarters.


Bearish Case: Despite recent strategies, NCMI faces a declining cinema industry, questionable long-term viability of those strategies, and historical financial instability, risking further declines and investment losses.


Potential Outcomes:

1) Programmatic strategies gain traction: 30%.

2) Cinema attendance continues decline, hurting ad revenue: 45%.

3) Effective use of attention metrics drives ad demand: 15%.

4) Reverse split fails, leading to delisting: 10%.


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April 20, 2024


National Cinemedia Forecast

NCMI        National Cinemedia
Price Forecast: BULLISH    Price Action: TRENDING (?)











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