Market Announcement: AwardOptions for the Oscar nominees are now trading.

HSX Forums: Playing & Trading Strategy Board






[FOXX] Fox Studio Fund week 4 report.

Posted by: hyper (a.k.a FOXXFund) on Oct 08, 03:34

Price history chart (courtesy KaiGee)

Firstly, a month into my stewardship of Fox Studio Fund, I’d like to take stock of where we are. Hopefully investors are happy with the return on their investment, which currently shows a 123% increase since IPO, equivalent to a bankeable profit of 30% week in and week out. This has been achieved despite the fact that we have been trading intensively across a narrow range of stocks (including IPO’s). As can be seen from the above chart the trend line has been very consistent, which is testament to how closely day-traded this fund is. Except in very rare circumstances we are in the right stocks at the right time and you have my assurance that this situation will not change as long as I am looking after your money.


Going forward you will see the fund’s investment strategy begin to evolve. Already we are beginning to take strategic positions in high profile projects. Whereas we shorted The Martian (MARTN) early last week we immediately flipped after the adjust and then took some profits but like our position on the stock my attitude toward the movie has done a ‘180’. Whereas last week I implied that The Martian was a further grim instalment in an already tired genre, I now appreciate that it is an inspiring and uplifting family film that has single-handedly resuscitated the careers of both Ridley Scott and Matt Damon, at least as far as their box office potential is concerned. I had also cast doubt on the film’s prospects based on its supposed limited 3D appeal and lack of IMAX outlets. In fact 3D comprised 45% of the OW revenue and the lack of IMAX doesn’t appear to have had a significantly detrimental effect. The almost universal acclaim of the critics and audiences alike (an A grade from Cinemascore augers well for word of mouth ahead), along with a distinct lack of competition in the coming weeks means we will likely stay long on this one.


Last week’s other release He Named Me Malala (HNMAL), which took $60K in its four locations, is still a solid short for us. The only error was taking a position too early but I’m still confident that it will turn profitable. I think HNMAL can be filed away amongst the large number of platform releases that inexplicably have their share price boosted up to multi-dollar status before eventually cashing out for pennies. The secret is shorting at the top and enjoying the ride down - which I hold my hand up to say we got wrong in this instance.


Hot on the success of The Martian we have also gone ‘all in’ on Prometheus 2 aka Alien: Paradise Lost (PRME2), which is widely reported to be Ridley Scott’s next movie. The first chapter was unsatisying but if they get this one right, which means successfully cross-pollinating the Alien franchise, we could be talking blockbuster territory so I see this one as a long-term hold.


Our next upcoming major release is The Peanuts Movie (PENUT), another superior animation from Blue Sky Studios, which opens November 6 and should have a widespread appeal. It looks like Fox have found the perfect release schedule for this one with no fresh competition right up to Thanksgiving weekend. We have taken an initial stake in this one and I anticipate bolstering our position as funds allow.


Also of interest in the coming week is the IPO of Hidden Figures (HIDNF), which will highlight the African-American women mathematicians working at NASA during the Cold War and Civil rights movement. This one launches on Monday and, needless to say, we will be all over it like a rash!


Tag(s): FOXX

[FOXX] Fox Studio Fund week 4 report.   hyper on Oct 08, 03:34

Keep up the great work!!! {nm}   FranklynStreet on Oct 08, 16:49





Post a Reply

To post to the forums you must first login!

A Beautiful Day in the Neighborh (YAMFR) 5000 63.66 (+0.33)         Captive State (CAPST) 60000 12.91 (0.00)         Tyler Perry's A Madea Family Fun (MADFF.PU) 20000 2.71 (-0.05)         The Ip Man Legacy: Master Z (IPMAZ) 100000 1.54 (+0.04)         Once Upon a Time in Staten Islan (THNIT) 100000 14.28 (+0.62)         Three Christs (3CHRS) 99999 1.56 (-0.03)         Untitled Christopher Nolan (UCNOL) 1 87.32 (-5.63)         Untitled Christopher Nolan (UCNOL) 1 87.32 (-5.63)         Fighting With My Family (FTWMF) 100000 23.67 (-0.38)         Gemini Man (GEMAN) 2500 81.66 (+0.10)         Greyhound (GREYH) 55445 41.80 (-0.07)         Captain Marvel (CMARV) 100000 270.04 (-0.50)         Untitled Christopher Nolan (UCNOL) 10000 87.32 (-5.63)         Robin Wright (RWPEN) 20000 62.89 (+0.26)         Robin Wright (RWPEN) 20000 62.89 (+0.26)         Fighting With My Family (FTWMF) 100000 23.67 (-0.38)         Untitled Christopher Nolan (UCNOL) 100000 87.32 (-5.63)         Flash Gordon (FLSHG) 100000 14.00 (-0.02)         Untitled Christopher Nolan (UCNOL) 10000 87.32 (-5.63)         Once Upon a Time in Hollywood ak (MFMLY) 2500 136.59 (+0.12)         Scary Stories To Tell In The Dar (SSTID) 38040 31.70 (+0.04)         Fighting with My Family - Openin (FTWMF.OW) 100000 5.96 (0.00)         Fighting With My Family (FTWMF) 100000 23.67 (-0.38)         Out of Blue (OUTOB) 4258 2.79 (+0.21)         Red 11 (RED11) 100000 4.06 (+0.08)         Gurinder Chadha (GCHAD) 20000 10.13 (+0.13)         Molly aka Untitled Sally Potter (MOLY1) 100000 7.15 (+0.25)         Ophelia (OPHEL) 100000 2.32 (+0.32)         Lucy in the Sky aka Pale Blue Do (PBDOT) 100000 12.38 (+0.69)         Brittany Runs a Marathon (BRUNM) 100000 12.12 (+1.53)         Machete Kills Again In Space (MCHT3) 10000 4.72 (+0.34)         Long Shot (FLRSK) 50000 43.94 (-0.19)         Machete Kills Again In Space (MCHT3) 100000 4.72 (+0.34)         Machete Kills Again In Space (MCHT3) 99999 4.72 (+0.34)         Untitled Christopher Nolan (UCNOL) 5000 87.32 (-5.63)         Out of Blue (OUTOB) 100000 2.79 (+0.21)         Out of Blue (OUTOB) 100000 2.79 (+0.21)         The Hustle (NSTYW) 5000 35.61 (+0.03)         Minamata (MINAM) 100000 5.70 (-0.52)         Alita: Battle Angel (ALITA) 100000 74.10 (-1.56)         Alita: Battle Angel (ALITA) 100000 74.10 (-1.56)         Untitled Christopher Nolan (UCNOL) 100000 87.32 (-5.63)         Untitled Christopher Nolan (UCNOL) 100000 87.32 (-5.63)         Untitled Christopher Nolan (UCNOL) 100000 87.32 (-5.63)         Motherless Brooklyn (MOBRK) 100000 22.41 (+0.86)         Motherless Brooklyn (MOBRK) 100000 22.41 (+0.86)         Untitled Christopher Nolan (UCNOL) 100000 87.32 (-5.63)         Untitled Christopher Nolan (UCNOL) 100000 87.32 (-5.63)         Escape From New York (ESCNY) 100000 30.90 (+1.36)         Escape From New York (ESCNY) 100000 30.90 (+1.36)