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 The Equity Desk Forum :Investment Ideas - Creating winning portfolios! :Stock Synopsis
Message Icon Topic: Crest Animation Studios Post Reply Post New Topic
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ragbhat
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Quote ragbhat Replybullet Posted: 07/Sep/2010 at 3:52pm
guys more that 15% up...time to enjoy the movie....
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anishc
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Quote anishc Replybullet Posted: 14/Jun/2011 at 3:54am
I've been following Crest for a while.
Alpha & Omega grossed $50mm worldwide. Not bad. Comparitively Ice Age made $800mn. The average in the animation space seems to be around what Crest made. The exceptional ones make $200mn+.
 
They've discontinued their activities in the gaming space and are focusing on movie production or hiring out their artists for serials and other small screen work.
 
Its promoters own only 10% of the stock. Crest has posted a net loss this year inspite of A&O. They have announced a couple of more movies for FY12 and FY13.
 
There is a lot of "hope" built into this stock that the animation industry will take off and Crest will ride the wave. I have my doubts.
anish
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