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It is heavy in debt and with capacity restrictions and a potential lack of confidence for people to return even if restrictions are lifted and capacity increased there is a real potential the debt will rise. I don’t think the footfall is anywhere near good enough at the moment I kept tabs on my local cinema yesterday for FF9 and will try to do so again today whilst it will not be entirely accurate it will be somewhere near. Attendance was around 17.5% yesterday for the first day of the biggest film of the year, that’s way short of where it needs to be. I’m a LTH but it’s all very worrying at the moment IMO.
Chance are the threads may be deleted due to investors maybe releasing angry the current sP performance.
Article on cine world on Times i saw today
“In our eyes, Cineworld is being run first for debt-holders and then for management, while minority equity holders are firmly at the back of the queue,” Owen Shirley, a leisure analyst at the German bank, said yesterday. It is one of a number of issues that Berenberg has with the heavily indebted cinemas chain, the largest in Britain and the second biggest in the world.
Guys this share long-term keep don't expect much this summer. Cine heavy in debt need pay it debt to big banks ...sp is will be effected in some ways.
I would say so changp. Fingers crossed the infection rates can be controlled and we are able to open fully on 19th July
Is the fall due to rising covid cases? It is beyond my understanding, I never thought it would fall under 90s, but now I felt it might even fall below 80s
Hi Bonkers, that's right. Completely valid opinion. I read just about everything here. The mess and the interesting stuff. It is a matter of your own interpretation.
We seem to be having a lot of threads deleted right now , some I really don't get.
Hopefully it stops , everyone has the right to post In here , and if you don't like what the individual has wrote simply filter them.
Come on cine, a nice Friday rise would be nice please