Cineworld Share Price (CINE)

Cinemark Q2 results out on Friday . Check out slide 9, showing the resilience of the US box office through recessions and times of technological change. Trade wars aren't going to stop Americans from going the the cinema

http://investors.cinemark.com/static-files/f4c3e9a6-8248-47ec-bdc2-c3264635316f

Cineworld, the world’s second biggest cinema company, rose 3p, or 1.2 per cent, to 255p, boosted by an upbeat note by analysts at Peel Hunt, who said that investors should have no worries about the stock because, with strong film releases such as the Lion King, its investment case intact and the majority of earnings in dollars, “we see the current share price as a buying opportunity”. They added that Regal Unlimited, Cineworld’s new subscription offer launched on Monday and priced lower than the rival AMC’s offering by 10 per cent, will spur attendance levels between blockbusters.

is a cracking share. Revenue is constant and share price always recovers. Dividends are generous and correct me if I'm wrong there is another in Oct and then Jan. At these prices I think is a great opportunity to buy and add, imo. My only issue is with the debt the company has accumulated from recent acquisitions and their plan to reduce.

http://www.chartupload.com/viewer.php?file=30875838351854380771.png

Decided to buy a few this morning. Shorts have dropped to 2.55% and weekly trend line is showing a bounce.
If the trend line does not hold though, 204 (support) will be the next likely stop where I will happily double up.

hey londoner7

I'm guessing the recent sp fall has been in reaction to the poor showings of recent films like X Men and MiB. People are looking for a signal for the end of the popularity of the superhero franchise model.