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Mountainous much of what you have posted is factually incorrect, but we have had those debates in the past.
In relation to how you and others find me then thankfully I am not here to be most popular in class :-)
SP currently c. 62p that's what I am focused on :-)
Have a good day.
It’s all very funny FunInvestor isn’t it. I must say I’ve been biting my tongue for a considerable period of time with your side comments, but I would love to input my 2 cents on this one.
I remember our lengthy argument we had with regards to positive working capital, where myself and other investors on this board promptly shut down your incorrect statement about the $170m dissenting payment coming out from the debt facility.
We then saw you move to attack the box office performance where you said we were ‘way short of 60%’ last month, and that was promptly shut down too, in a month where box office levels were at or exceeding 60%.
You then moved to say that the increase in concessionary spending was ‘inevitable’ even though the report clearly stated otherwise.
Then you moved to say that it was the tax credit that gave us positive working capital, even though it was in an entirely different month.
You will go left, right and centre to find anything of a negative nature of this company. OR you will spin someone’s positive comments into negativity, just as you have done now. Someone just posted a simple headline that said the box office is 4% off of the average pre-pandemic level. Nobody said it would mean more revenue for us, nobody said it would benefit CINE directly, it was just a headline, and then you go on to add that ‘cineworld screens there = zero’. As lpd pointed out it was simply a case of movie studios looking at the theatrical window with more favour.
You will run around to find even a single ounce of bad or contradictory news to add on to other’s posts. I can guarantee that if we get a trading update in November with positive news you would still find something negative to add.
You act as if it is a fully balanced view, myself and others think it is quite the opposite. Sort of like the kind of teacher you would have in secondary school that never used to have hope in their students.
Regardless, this is a free country, so I’m not one to stop you. I just find it quite snarky how you make such side comments and then sign it off as a balanced view.
Thanks for your insight LPD.
I am comfortable in my own skin, no competition from me nor chasing popularity :-)
Shall leave you to do as you keep saying like below ;-)
"Intention now is to post less frequently and just to wait for all the numbers to speak for themselves. Here's to another good week of half-term."
You come across as somewhat insecure to have just posted that. People on this bulletin board are all adult human beings and don't need to be told by you whether they need to read something or not. They can quite happily make their own minds up and read both articles for themselves if they wish. It isn't a competition.
October Box Office is down 4% against an average of the 3 pre-pandemic years is simply what the headline says.
That's encouraging for box office revenues and it is also encouraging for anyone in the studios making the decisions on the release of film content.
No need to register to read essentially the same article as LPD's link on this thread ;-)
Details are important, so to clarify the 4% relates to global box office and is this close due to a big increase in Asian market (particularly China).
Cineworld screens there = zero.
Recovery for business and industry continues however :-)
Whenever we’re expecting it go up it goes down somehow so I wouldn’t get your hopes up
Here's hoping. But it only takes us slowly back through the losses of previous weeks
Looks like we might get a little boost tomorrow!
Very good read FI
We're definitely going in the right direction and I'm suddenly starting to like the Chinese too.
Just need to keep it going.
Thanks
https://variety.com/2021/film/asia/global-box-office-recovery-is-accelerating-1235097392/