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Exactly....
Cinema's are the one and only place to go watch a big movie like Tenet, A Silent Place 2, Star Wars etc.
It is because of the amazing experience a huge cinema screen gives to watching the movie. It swallows your whole being when in the cinema. That is an experience no crappy home cinema TV can beat!!
Cinema will never fail
Doubleheadedcoin, I aint saying that we won’t make money on those and I dont intend to sell.
I am just having a realistic approach, and I doubt that we will see this SP at 1 next week simply because I don’t believe in a +50% when the rest of FTSE might be heading to a loss next week.
We will get there eventually but i am tired to read post « 60p tomorrow », « 80 after tomorrow »!!
Just hope you get my point across
Yes. That's a point. If the Chinese caused that giant rise with 3%,what the heck will happen when the shorters decide to close 9?
Thats why you need to be a believer in cinema.
Cinema has j7st got bigger and better even with tv, video, DVD, streaming
Do you know why ? Because its the best way to see film. No one want to watch Tenet at home !!
Putmeonlist - Whats your theory on how the shorters are going to acquire 9% plus of the company to exit their position?
And only need 25% occupancy doesn’t mean those 25% are booked and happening. Lets keep our head cool. If that was such a no brainer, that SP would already be on 1 today.
I am not saying it wont happen, but lets not run before we can walk guys.
Jangho spent circa £20,000,000 very recently on 3.3% of the company - they obviously pored over every aspect of the business including debt, leases, forthcoming film slate, popcorn, corona, streaming, Mooky etc. Follow the money. I bet they are buying more as we speak.
It's accepted that even 25% gives very good profitability.... you must be new or a deramper
25% how do we know this?
Only need 25,% occupancy for healthy profitability!
As much as I am hoping like everyone here for eminent rise next week, we also need to consider further factors that could detriment that:
- Negative news on economy
- and lets nit forget that opening doors are one thing but being profitable is another. Opening doors includes a cost and nobody here knows the actual booking rate for re openings.
Amc have said reopened cinemas are profitable
Only a fool would sell their Cineworld shares now with all the great news coming next week. Sell now and miss out on 125 p to 180 p share price