Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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I only used Debenhams as an example to show that just because a business is open doesn't mean it is successful.
I completely agree CINE is different and made exactly that point. But whatever anecdotal evidence of tills ringing and despite the big numbers that Dr Strange and other films have done the (highly likely) reality is that it is not yet profitable again.
I agree with everything that @tom121 said - and the next 6 months SHOULD see the business return to making money - but nothing is certain.
I don't believe CINE will collapse but if it, or another big chain, does then that surely helps the ones that remain as the same potential audience is spread over less competition?
Debenhams was in difficulty even before Covid. Cine was profitable. I am working in risk and the rule is that a high yield bonds have more chance to default the first two years after the crisis. After 2 years the probability decrease sharply. Well it’s been more than 2 years already:)
Yesterday I saw Doctor Strange in 4DX at Wembley with popcorn and hot hotdog. Spent £64 with glasses. The trailer for Top gun in the 4DX was longer and awesome. During the time I waited to enter in the screen there were 150 people at least to order popcorn and buying tickets. The SP at this price is a pure joke. One more question if Cine collapse most studios will follow
Avatar 2 could be 1.5 - 2bn on its own!
If you think LTH of CINE don't think bad news can happen then you haven't been here for long. We've had nothing but negative share movement even in positive times.
We're just hopeful that the worst (with regards to covid and reduced income) is over and that the court case award has little merit at the level it was awarded.
No one can deny there has been a massive recovery in cinema going, even if its not quite at levels it used to be in 2019. This seems to be due the movie slate though IMO. The next 6 month of movies could easily be another 4/5 billion in box office, maybe more.
I am not saying they will go bust I am saying nothing is certain and thats why the SP is still around the 20p ish mark.
If the city thought everything was safe the SP would be up to 50p or more, far too many posters think bad news can never happen but it can.
My point is that it is not business as usual, it is business less than usual.
I doubt debenhams ever sold movie tickets, popcorns, and sugar water.
The fear of dilution is two years overdone. It did not happen while cinemas were closed, even less likely with business as usual.
Take your crap talk to another site. Joker
"Cine sells movie tickets, popcorns, and sugar water."
But they're still not selling enough tickets, popcorn and sugar water to make money.
Debenhams and many others were selling product right up until they weren't. The difference with CINE is that there is ample evidence that enough people want CINE's product but they still haven't quite got enough of it to sell. I'm confident that with the number of movies improving that CINE will move back to being a profitable business soon (and without the need for dilution) but until I see monthly box office figures consistently higher than they are now I'm not taking it for granted.
It should be with a very large pinch.
It does look like there is only way out of this is More shares and dilution or banks taking total control.
Slip of finger with no is.
@jedclampit - agreed, I'll take your comments with a large pinch of salt
You should not use your oracle powers here. Save it of lottery tickets. Can you share your sources of these so called facts?
Be wary of people who are so absolutely sure of things. Cine may still be able to pay debts, win the appeal, and not dilute shareholders.
Cine sells movie tickets, popcorns, and sugar water. Certainly in a much better position than a year ago and things are looking up.
With everything that's been going on over the last 1-2 years I would take anything said on here with a very large pinch of salt.
Everyone knows Cine have a massive debt problem they cannot solve, plus a court case it looks like they cannot win, plus they have debts / bills they cannot pay back and are looking to push down the line to a later date. It does look like there only way out of this is More shares and dilution or banks taking total control.
Now many on here have their heads in the sand saying NO that's never going to happen, but the facts say different and anything can happen. Just don't think that being too big can stop you going bust.
Not really. Cinemas are open and people pay for tickets and popcorn. Business as usual.
Anyone else really concerned about this share?