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Friday, May 15, 2015

UFO Moviez Listing Update

UFO Moviez IPO disappointed its subscribers, as on the listing day stock managed to close at Rs. 603 against the issue price of Rs. 625. Though stock was little expensive and despite being a high growth business, owing to market conditions, stock underperformed the expectations of the investors.
By the time of this post, UFO Moviez was still languishing at around the same level of its previous close.

Future aspects of this stock are promising.
A market leadership of 54 %,increasing prowess of digitalization in the Indian film industry and in-cinema advertising vouch for the strong future potential of the company.

After the acquisition of VDSPL.UFO Moviez is expanding into non-ticketed exhibition model to serve under-penetrated parts of the country through Caravan cinema and Club Cinema.
Under the Club Cinema Model, there will be digital screening of the movies at corporate auditoriums,educational institutions and similar places.
Caravan Cinema shall focus in Haats (rural weekly market place) to screen movies under the low budget model.
In this initiative,source of the revenue will be advertising.


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