The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Baz Luhrmann’s Elvis topped the domestic box office on Friday with a solid $12.7 million. That includes $3.7 million in Thursday (and week-of) previews. If the film plays over the weekend like Dexter Fletcher’s Rocketman (which opened with $25.7 million from a $9.17 million Friday in June of 2019), then the $85 million rock biopic earns an impressive $35 million in its Fri-Sun debut. That may be optimistic since the Paramount-released, crowd-pleasing Elton John flick was R-rated. However, Taron Egerton’s Rocketman was also an hour shorter than Warner Bros. Discovery’s Austin Butler and Tom Hanks-starring 160-minute epic. With strong reviews and solid buzz, I’d expect the Austin Butler/Tom Hanks flick with around $30 million and duking it out with Top Gun: Maverick for the weekend crown.
One year ago, we were all mourning the $11.8 million opening weekend of In the Heights (and celebrating the $70 million opening of F9), so I’d count $30 million-plus for a 2.75-hour, adult-skewing musical drama as a relative win. Yes, Elvis Presley is a “marquee character,” as was Freddie Mercury for Bohemian Rhapsody and Lady Gaga as a fictionalized version of Lady Gaga in A Star Is Born. In pre-Covid days, live-action musicals (including musically centric biopics like Straight Outta Brooklyn) were among the safer theatrical sub-genres. We had a ton of musicals last year and almost all of them (West Side Story, Respect, Dear Evan Hanson, etc.) died badly. Elvis’ solid debut feels like another progression toward relative “business as usual” normality.
It is indeed Cruis1. Looking like beyond top end but best wait until Monday or Tuesday for the definitive numbers.
Cumulative audiences for Jurassic, TopGun Maverick and Lightyear on top give a good indication this ringing in the tills across all our 3 territories and there are four more days after this weekend to finish the month off.
$900M + looks nailed on for a cracking month.
https://variety.com/
The black phone seems to be doing very well at my local showcase, will be interesting what that takes in the uk this weekend
As of now US B.O. for H1 2022 is superior than H1 2021 and the frequency for the UK and ROW is superior as well. So looking to 1700$ for H1 2022
You can’t really compare to 2021, as nothing was really open until April
Sorry I meant H2 2021
I watched Top Gun again yesterday with my wife and mother in law as she’s hadn’t seen it and wanted to see it, Cineworld Telford was rammed, I took a picture of the amount of people queuing up for food and drinks . We watched it in iMAX at the 440 pm showing.
Cineworld was very busy and I was surprised how all age groups were there.
Price was £16.69 for me and my wife and £14.69 for the mother in law.
She absolutely loved it and I could watch it over and over.
The cinemas are back in a big way and I’ve seen it with my own eyes.
Atb all.
Yeah me and our lass watched the black phone Friday night in Sheffield both of us enjoyed it,
The screening was about half full,as was the car parks.
One thing that really stood out for me was the amount of people waiting to get into the vip lounge, this to me indicates that confidence is slowly returning.
Is this website working properly?
Only 2 posts all day and a rise in the SP.
Derampers had nothing to gloat over and they must be tired of rehashingh their old BS.
I’m sure they’re not tired at all, and will be back soon.
https://variety.com/2022/film/box-office/box-office-top-gun-maverick-elvis-winner-1235304037/
Certainly a lot less posts than usual, I think everyone has had enough seeing how much a certain film has brought in but virtually no movement on the SP, as we all know the SP was 6 times higher when we were closed ! just grates a bit really.
I really hope to see the days where people were overjoyed and buzzing on this bb, and people sending rockets etc etc
If we get some really great news (RCF and dissenting payment successful and Cineplex dealt with) then I think this bb will be busy again. I remember on the day I sent the AGM info after it had finished and it got over 30 likes from what I remember, all from different people. I think there are a lot on the sidelines. CINE in itself is a good investment, it’s just these headwinds which are serious at the moment. Once they pass, I think many will flock to CINE. Let’s wait and see what happens.
Everything about the new films has been looking positive but nothing about god damn share rising.
I got very hight feeling they will keep this level to **** up so many people who hold the shares at high level . They know we will get out as soon as we meet out break even .
Don't think ther s anything new to be said that's not known to everyone whose regularly on here.
The only thing changing day to day is the numbers going to see the flicks bringing revenues piling in and the new movie releases.
General malaise and apathy has clearly set in -personally I have stopped checking in here as regularly or the share price - I only check box office to track results - it’s obvious this will refuse to move until the inevitable court case outcome which feels a long long way off
It’s a bit strange to tell you this but try to go one more time to the cinema before Thursday 30th. I usually go to the cinema on the weekend but I have book with my wife to see Jurassic World on Wednesday. She asked me why? I told her that it will be good for the H1 result. So guys stay strong don’t look at the SP the B.O. is a good metrics I would say. Try to go with your family and friends before Thursday midnight so Cine can release a good H1 22 report.
Not a bad idea that AllKap and I've got Elvis coming up.
The other thing you can also do is pre-book your tickets in advance.
I just earlier today booked self and family into the Imax for the opening weekend of Thor, Love and Thunder and it was already filling up. In that way you get to choose the mid row seats for the best all round experience imho. They fill up the quickest.
Over to Mooky and Nisan Cohen for what they do come the end of the month with what must be bumper revenues and profits.
cekim in answer to your question I think people just switch off when the share price is so low.
Constant downward hits and not giving it back has resulted in a situation where an $800M NA Box Office in May and over $900M in June, and successive good audience numbers, the share price is sat where it was with all cinemas closed in the deep midst of a pandemic.
That's it in a nutshell.
The sooner the cineplex case is resolved the better for us all.
Big noose hanging over our heads causing a lull in the SP despite the encouraging BP numbers
BO
There will be several events prior to that.
Agreed, but this is the biggie I feel.
Results, rcf, covenants, BO numbers will have an impact here and there of maybe a few pence but that would ramp it right up to the 50s and beyond at the least if favourable to us?
Some more imminent than others.