Sunday

Free Village Cinema Tickets

7 Comments November 1, 2009 – 5:04 am |   | Permalink |  Print This Post |

Our tickets finally arrived in the mail for a set (10) of FREE Village Cinema movie tickets! For those with shares in Village Roadshow Limited (VRL), check your mail. Also in the booklet includes a buy one get one free voucher for all their theme parks. We wont be going to any of that, but will Ebay them off for whatever we can get it for. We paid $0.80 for our village shares earlier this year, they last traded for $1.79 so we have doubled our money plus bonus free tickets!

FREE village cinema movie tickets by theinflationist.com

FREE village cinema movie tickets by theinflationist.com

Village Cinema Free Movie World Tickets by www.theinflationist.com

We wrote this at the time of our purchase of our shares (Genius !):

We are tempted to load up more on Village (VRL.AX) shares, little did we expect a 10% rally defying the last 2 days decline (entry 80c, now 88c). A friend who follows our site also emailed to say that on top of the 10 FREE tickets every year, shareholders with at least 500 shares (500 x 0.90 = $450) will also get a single buy one free one voucher to ALL their themeparks ($60 per ticket x about 15 themeparks).

Hypothetically (note: this may be illegal so we are not suggesting you do this!), if you have access to 100 accounts, buying $50,000 worth of stocks in 100 accounts ($500 worth of shares each ie about 555 shares) will yield about $15000 worth of movie tickets and $90000 worth of theme park tickets. Selling them at HALF PRICE on Ebay will give you about $50000 worth of tickets a year!

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The question is how much of their entertainment business is recession proof? Theme parks are unlikely, cinemas probably, whilst film distribution revenues will also be in line with how the movie industry goes during recessions. So are depressed poorer people more likely to come out to watch movies in the big screen or will they hide at home downloading illegal torrents and watching it on their home theatre system? We feel that there will probably be a down shift in the demographics of movie goers - the middle/upper class who used to take their family away on trips for the weekend (etc) will settle for a $70 family entertainment ($15 x 4 plus $10 for popcorn and drinks). The lower economic class who could not afford the home theatre systems who now get more government aid may not cut back on movies. So, at least for 25% of their cinema revenue we believe will be insulated. The themeparks, however, will be taking a hit in our view. At 18 year low, we are happy with a light holding of Village.