AMC - Reading International Inc. Is Lucky To Be In The Right Places
- The movie theatre business has been one of the hardest hit industries in the COVID pandemic.
- While some industry players are facing bankruptcy, Reading International Inc. has some unique aspects that will keep it afloat, among which the New Zealand and Australia businesses.
- Even though the company is not worrying much about its survival, the share price has still taken a major hit in 2020.
- A new long position in Reading International Inc. at current share prices is likely to bring double-digit capital appreciation over the coming year or two.
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Reading International Inc. Is Lucky To Be In The Right Places