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The new forecast from Bloomberg for Cineworld in 2022 stands at $3.6bn so not far from yours
I don’t think if it is the right approach.
Cineworld was closed until 2nd April in the US and Mid-May in June last year. So this year the number of admissions will increase by 75% with all the slates of movies. With a ticket price rise of 19% it’s sufficient to generate positive net result. And in 2023 and 2024 figures will be better. Coming now to the appeal. Even if we lose it do you really think that our investors won’t lend money to Cineworld? They already lend to Cine $8bn and seeing that they will be able to pay back I don’t think that they will let Cine collapse. It will take time I mean more than a year. But it will worth it at the end.
With only 36% of 2019 Box Office
Please stop doing copy and paste from your previous posts. You posted exactly the same message last year and Cine is still here. I can see this time that you’re suffering
“Cineworld warns uncertainty over the ability to pay” we can think that they are in trouble but it’s in the case that they need to pay the full amount of they lose the appeal. What a dump journalist! Since this pandemic that are against cinemas
What is interesting to see when you look at the data is that for all locations the admissions have less than double compared to 2020 but the Retail has more than double almost triple. Average spending by person is much higher than before. So if the admission will increase in 2022 with a strong Retail Cineworld will make tons of money.
The forecast for the box office for 2022 stands at $8.5bn so almost the double of 2021. Do the math.
As always journalists don’t understand the business
USD
https://variety.com/2022/film/news/china-box-office-uncharted-1235205119/amp/
They don’t have any date to put Batman on streaming… they won’t put the Batman on HBO after 45 days they will extend the window that’s great news
Then you need to wait 2023/2024 to see the SP to skyrocket. Go on holiday and to the cinema just relax and wait
Just saw the movie it’s awesome
The result will show FY2021 so until December 2021.
Batman’s result will be shown for the Q1 2022
Air France KLM up by 2.38% not far from Cine
When I took the FRM certificate it says that the correlation within sector is closed to 1. So as Airlines and Cinemas are within the same sector it makes sense then
Thé stock is not the company and the company is not the stock - watch the speech of Bezos
One year is ok - I have been here for almost 2 years (few of us as well). Cinema is doing ok as the forecast we will reach the same Box Office as 2019 in 2024. Y où need to tell yourself that you will keep the SP for another 3 years ish
According to Bloomberg the estimation revenue for 2021 would stand at $1.9b, $3.9b for 2022 and $4.3b for 2023 knowing that the revenue for 2019 stood at $4.4b.
According of Cineworld results for the Q4 2021 88% of Q4 2019 results in the US market with only 71.5% of the Box Office (for the same period). That’s confirm what you said on the cost efficiency and an increased spending per person.
The official payment was at $170 million so it means they have already paid $90m? Is that right?