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The best date to be focussing on imho is the 10th May (and the weekend running up to this for what gets leaked) for that's decision day regarding UK reopenings.
For even though 73% of the CINE revenue comes out of the US Cinemas and we will already have 408 of our American cinemas reopened in the US by the time, we will then be able to add a further 128 UK cinemas. The logic behind the date is that in terms of stock and being a predominantly UK listed stock, you covet what you see.
So come the time that Boris Johnson sanctions the UK reopenings of cinemas then the UK press and UK funds might spark into life and start to take that bit more notice.
Those doing their own research will already know that some 4 days later (by 21 May) 88% of revenue generating capacity of Cineworld cinemas will be reopened, and I happen to think that Israel won't be too far behind adding a few more.
Some basic key facts.
https://www.cineworldplc.com/en/about-us/key-facts
End of May lets see where we are with majority reopening, then the end of July with Black Widow and Fast and Furious 9 through the doors.
Well said! couldn’t put it any better myself.
I'll stick with my own research thank you very much. MF is a comic imho
I much prefer the CINE doors reopened and cash generation as opposed to all doors closed. All backed by vaccine rollouts.
I am not sure how long it will take for people to click that next reopenings should be permanent and irreversible.
Talking of which CINE open a further 54 Regal cinemas tomorrow.
Here's your schedule.
22 reopened so far in the US.
April 23: 54 more reopening in the US
May 7th: 179 reopening in US
May 10th: Uk Green light for reopenings (If not leaked prior)
May 14th: 153 reopening in US
17th May: 128 reopening in UK (PM's roadmap)
21 May: 127 reopening in the US
Quite happy for it to get to 21 May and then people to work it out for themselves that on 21 May that by then 88% of the revenue generation capacity of the CINE is open.
In that knowledge I intend to enjoy the sunshine later today.
Not sure on price but motley Fool are recommended not to buy. Can only mean one thing......
Price will go up as Motley's law states do the opposite
There's no better experience than that big screen in front of you with that pure deep bass and popcorn flying everywhere,can't get that at home.
Oh and you need to take your date somewhere:-)
Your not wrong
Evening all , thought I'd have a punt at cine because all my kids keep on saying is when can we go the cinema.
It will be packed out once open.
Hopefully sammy would be nice to see an RSN
I'm guessing a 12% rise , but defo a 16.30 finish.
;-)
I see a 5% 16:30 finish tomorrow