Member Info for AJones

People love Blockbusters! They go out in their millions when blockbusters are released! There is a reason why blockbusters make £100s Millions! Streaming websites like Netflix and Amazon are rubbish and the content is rubbish! The prices are always going up! I would much rather pay £9.99 for an unlimited cinema card for each of the family! Than pay £12.99 for Netflix and £9.99 for Amazon! As a lot of people I would get a lot more joy from leaving the house for 3 hours with the kids than sat in front of the TV! People like family time and cinemas bring that experience!

The UK survey figures follow two quarterly reports of subscriber losses from Netflix – which has had tens of billions wiped off its market value after losing 1.5 million customers so far this year – the first drop in sign-ups in a decade for the UK’s most popular paid-for streaming service. Essie Davis as Phryne Fisher in a scene from Miss Fisher and The Crypt of Tears on ABC TV Australian streaming apps from TV brands chip away at Netflix dominance Read more Between April and June 206,000 households dropped their subscription to Netflix, which has put its subscription price up twice in the past two years , taking the streamer’s UK customer base down from 17.29m to 17.08m. Netflix- which spends $17bn (£14bn) making and licensing shows annually, including more than $1bn in the UK, it’s biggest market for productions outside the US – is home to hit shows including Stranger Things and movies such as the Ryan Gosling blockbuster The Gray Man. Amazon’s Prime Video, which is bringing in its own price rise for British customers from September, reported the steepest decrease among the most popular SVOD services in the UK. The number of UK homes with access to Prime Video, which is accessible as part of Amazon’s Prime subscription service, fell by 589,000 quarter-on-quarter from 13.35m to 12.76m. Sky’s Now TV dropped from 43,000 homes, taking its subscriber base to 2.07m households at the end of the second quarter.

@shazabo - Well said! They are pretending to be white knights saving the day! When in fact they have ulterior motives!

Someone purchased £2.1 million worth of shares yesterday according to someone on here!

So, you're saying that the dilution is probably £400m which would mean 13 billion new shares?

Shorts only close if they believe good news is coming! If it was really going under, why would they close?

I am not trying to get anyone to buy or sell! Do what they want it is their money!
My math's are based on the credentials of the companies! They have Similar turnover of $4/$5 billion (under normal circumstances) and Amc Entertainment reported $5.44B in Debt for its second fiscal quarter of 2022.

They are not looking to get rid of all debt! They are looking to refinance and get through the next 12 months as things are going back to some kind of normality!

Your "simple math's" don't add up - You are basing this on the market cap being £40m forever! You are correct that it will be diluted! But this should be trading at a similar price to AMC's market cap of $5.24 billion which is at least 100 x its current market cap!

Say they do dilute the share and issue 10 billion shares at 3p = £300,000.000 that would put the market cap at £340 Million which is still 15 x less than where it should be at £5 Billion. They have a lot of wiggle room!

Based on what others are saying why would a shorter close? As if its going bust they get to keep all the money? :D

Really? Thats good news!

You should want others to succeed and not want anyone or anything to fail!

I am thinking why anyone would want to invest at the minute! Shares are all over the place! It's a mine field out there across most shares!

Who's posted that? 200 Billion shares! What rubbish!!!

I tell you what is strange! It goes quiet when the share is on the way up and when it is going down, they resurface with negative comments, and you say you don't have agendas?

Listen if any of us could predict any share whether it goes up or down would be a multi billionaire and would not waste our time on a share forum! Instead, we would be sat on our 500 million yacht in the Mediterranean Sea!

@ Chrisev1 if Debenhams and Thomas Cook went bust with you in them at the end then it may be a lucky charm that you are not invested here :D

All of them businesses where in a totally different position to Cineworld! Massive debt decreasing sales and no way of increasing sales! Cineworld can and will increase sales by 100% in 2023 with all the Blockbuster movies coming out!

If it is guaranteed bankruptcy, why have all the major shareholders not sold out since Friday? Getting what they can before it goes under?

If you look at Mccolls, Debenhams, Thomas Cook etc you will see weeks before they went under that the major shareholders started selling up! And as it stands this is not happening with Cineworld. They have one selling which is probably due to the drop forced on by its investors!

You are correct "There is no way this company can service the debt in the current economic climate." But the current climate is going to change as they will go from $1.8 billion turnover to $4.5 billion turnover (Back to normal) in the next 12 months with all the Blockbusters due to be released!

@b4gpiperinvestor Well put :)