francis chou…canada’s best value manager…manages about 1B. i have been studying his positions along with a few others…
I like it because redbox serves a great convenience and value. Netflix streaming sucks for new releases, so if you want a new release you have to pay for pay per view, buy the movie, or get it at redbox. At $1.20 per night for a movie, its a great deal. They also just branched out into video games and instituted a price hike from $1 to 1.20 a couple months ago, which probably helped drive such good results. Maybe I’ll only sell part of my position… I’m convincing myself to hold, haha.
Love their business model. Little worried about their distribution risks…particularly Wal Mart and McDonalds. It’s only a matter of time before Wal Mart bends them over. Great growth story though.
i dont’ think we have these things in Canada…i have netflix streaming which i quite like…does anybody still rent DVDs these days though?
There’s always a line at the Redbox at my local grocery store. We - my family - have Netflix too, but sometimes it’s easier to grab a movie at Redbox. KK - Watch out for any projections incorporating video game rentals. The business just doesn’t work.
i honestly think renting DVDs is a dying business…films follow the way of porn…
Frank, I’d be inclined to agree with you but not yet. I’ll argue that there really isn’t that viable of a solution yet that combines convenience and value. Current choices for new movies: -You have Netflix. Netflix’s streaming catalog for new hit movies sucks. It’s mostly TV shows and older (2+ years) movies. -If you have digital cable or sattelite, you have pay per view. Last time I looked at a PPV movie, I think it was actually on Bell Expressvu in Canada and it was about $5-6. That’s convenient, but not a good value, IMO. -Most people don’t download movies from torrent sites for free -Redbox fulfills a big void. They’re all over the place, I think I have 4 or 5 within 2 miles of my apartment. So it’s great if you have a sudden desire to watch a movie and don’t want to wait for Netflix to mail you the DVD. I do agree that long term, DVD rentals won’t need to exist.
Good discussion bros.
well…redbox is coming to Canada…not sure how well that is going to work out…however, i get all my movies from my buddies so i’m not a consumer by any means
Would it be bluebox in Quebec?
there is this classy babe that works downstairs in the client service office…i think she caught me checking her out yesterday…i was like…“damm, that’s a nice set of legs”…i think I stared too long…
As long as you do it with some swagger, this can be the first step to a long and eventful relationship. If you get caught looking, give a slightly sheepish smile and then go back to doing something. Practice the smile, don’t look creepy or generally un-bangable.
“Wow, you’re so pretty,” if said in a non-creepy way, is pretty much always a winner in situations like this.
Admiring the woman: winner!
Admiring something she’s wearing: winner!
Admiring a body part: bad idea unless you are already fairly close.
this is too fkin complicated…i’m going back to my models…financial models that is…
Frank you need to go to NY and spend a week with BChad. He will teach you the art of comedy, swagger, exit strategies (including trailing stop loss orders and spray and pray), and tactical asset allocation.
I already sent my resume, model pics, and track record to Bchad…i was not qualified for his expertise…
Which euro bank are you buying? Itau?
lets say its a transmitted disease …i been in on it for awhile…got bigger during last summer…ppl were not happy that I decided to take this type of risk, but when i lock myself in a room and don’t bother with the whole Greece/Euro thing, this bank is quite impressive…their Greek exposure is close to Nil…their risk lies in the spaniards…i have my own thesis on how this whole euro thing unravels…i’m almost at breakeven levels at this point excluding dividends…yay!!!
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