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Stock impact report

Reading International made top pick of 2018; shares up 4% [Seeking Alpha]

Reading International Inc - Class A Non-voting (RDI) 
Last reading international inc - class a non-voting earnings: 8/9 03:22 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.readingrdi.com
Company Research Source: Seeking Alpha
Reading International made top pick of 2018; shares up 4%Well-followed Seeking Alphacontributor Chris DeMuth names Reading International (NASDAQ:RDI) as his top pick for next year.Shares, he says, trade at about a 20% discount to a conservative estimate of fair value, and 50% or more to what strategic acquirers might be willing to pay.Why such a gift? Holding the stock price back, says DeMuth, is the ownership structure, a small, illiquid float, sizable international assets, and one-time expenses masking true earnings power.RDI isup 4% on the session following the DeMuth mention.Click to subscribe to real-time analytics on RDINow read:AMC: Mr. Market, Thanks For The Early Christmas Present » Show less Read more
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