Member Info for Chipstacker

Hi All

Just checking in with an update; no response has been received from my e-mail to investor relations, sent eight days ago, highlighting my concern around a general lack of communication with private shareholders, and particularly the fact that we had to learn about the court appeal from external media sources. I also asked them if they could explain why no communication had been sent (I always find the 'why' helpful). So, I've just sent the follow-up below. I wonder if the IR team is understaffed, as many offices seem to be at the moment? Regardless, I'm not impressed. Whilst I always prefer to err on the benefit of the doubt side of things, I feel the IR team needs to do far better given the SP and wider circumstances:

Dear Investor Relations Team

As a further example of the point I have made above, I have yet to receive a response. Please could you respond as soon as possible? I am a long-term investor who has invested a five-figure sum in your company, and I am becoming surprised and disappointed with the poor level of communication exhibited by Cineworld to its private shareholders. Are you able to confirm why it takes so long to respond?

Regards

Joe, you bought at 10?

Just sent, as I entirely agree that CINE isn't communicating with shareholders enough; given the current situation, they should be taking any opportunity to keep a good relationship with any and all holders. Will let you know when I get a response:

Dear Investor Relations

I hope you are well. As an example of my previous concern that Cineworld is not communicating with shareholders enough, there has been no RNS released to confirm the date of the upcoming court appeal. This date has been recently been confirmed via several media outlets. Will Cineworld release an RNS to this effect, and if not, please can you outline why?

With thanks

My thanks as well - the feedback is much appreciated. Apologies if this has been missed, but was there any reference during the AGM to the current (woeful) share price? Sometimes I wonder if Directors and SMT live in cloud-cuckoo land, and are so busy working (and collecting fat paycheques) that the reality on the ground is missed (either inadvertently, or deliberately).

Thank you, Mountainous; much appreciated. It was staring me in the face! My additional thanks for your high-quality, balanced and reasonable posts, which I (and I'm sure many others) find very helpful and informative.

Mountainous, please could you remind me how to filter a user? I would like to do the same with the poster in question. Many thanks

In case it's useful info; I outlined my concerns about share price performance, lack of communication with (retail) shareholders, and the recent increase in Senior Management remuneration despite the wider context of CINE's situation (court case, debt, covid, and its impact on revenue); I also asked if Investor Relations were in active communication with the CEO. Response is below (it's quite terse, as I had to chase them for a response after waiting a week). Great to hear that some forum members are off to the AGM, as it sounds like concerns will at least be listened to:

Dear

The message has been shared with Mooky as we always do with investor concerns

The resolutions to be discussed during the meeting are as per the AGM notice

https://www.cineworldplc.com/sites/cineworld-plc/files/Notice%20Of%20Meeting%20-%20AGM%202022.pdf

then it will depend on the questions from the investors in the room

Kind regards

Investor Relations
Cineworld Group plc
+44 (0) 20 8987 5000
investors@cineworld.co.uk
https://www.cineworldplc.com/

Copied and pasted from pdf; forgive the formatting:

Thank you for your email of 05 May to the Foreign, Commonwealth and
Development Office (FCDO) about Russia and Ukraine.
We cannot comment on individual cases, but where Russian legislation impacts on
individuals, we advise them to seek legal advice.
The Government seeks to ensure sanctions measures are carefully targeted and
avoid unintended consequences. Measures have been designed for the maximum
impact on the Russian economy whilst protecting the financial stability and interests
of the UK and its allies.
Our sanctions are targeted at Putin and his regime. Russia's economy is used to
fund Putin's war machine and these sanctions are designed to cripple and degrade
that machine, which is currently engaged in an illegal and brutal invasion of a
sovereign nation within Europe.
We are not giving a running commentary on which sanctions may or may not be in
the pipeline, as it risks reducing their impact. That being said, nothing is off the table.
The Office of Financial Sanctions Implementation (OFSI), which is part of HM
Treasury, helps to ensure that financial sanctions are properly understood,
implemented and enforced in the United Kingdom.
Further information on UK sanctions relating to Russia and the UK Sanctions List of
which individuals/entities have been sanctioned by the UK Government can be found
on gov.uk.
Yours sincerely,

FCDO Correspondence Team
Foreign, Commonwealth and Development Office

Fully agree; well said.

E-mail sent; thanks to LawStudent95 and others. Over the last few days I have also sent a few e-mails to Evraz Investor relations querying any developments, which as yet have gone unanswered. I'm a frustrated holder, who nevertheless believes all this will come good.

https://www.theguardian.com/film/2022/mar/06/film-industry-the-batman-box-office-sales-covid-pandemic

If institutions start to sell, will an RNS be required? Personally, I see all SP movement without an RNS just to be market noise (though I could be wrong ...!)

“We are looking at a very promising December,” Mooky Greidinger, chief executive officer of Cineworld Group Plc, said in an interview last week with Bloomberg Television. “‘Spider-Man’ advance sales were the second-best ever for the United States market only behind ‘Endgame,’ the last ‘Avengers.’ And in the U.K., ‘Spider-Man’ broke all the records -- and is the No. 1 movie in advance sales ever.”

https://www.bloomberg.com/news/articles/2021-12-05/disney-s-encanto-holds-on-to-top-spot-in-domestic-box-office

Second official trailer just released, much better than the first one from a few months back, and far more in tune with the classic original movie. Bodes well for bookings, methinks.

Trailer: https://www.youtube.com/watch?v=3tqzzy45-_g

As is IAG

Travel/leisure stocks are up, CINE's matching them (see Easyjet et al; SGC in particular doing well).

Ha, Sammy beat me to it!

InsiderInfo28, what shares will you be buying with your CINE funds? Genuinely curious.

Not that it counts for a great deal, but the Reddit channel r/Cineworldstock seems to fairly active; someone posted the advfn post on there an hour ago. Good to see relevant info being shared in a timely manner across multiple platforms. See https://www.reddit.com/r/Cineworldstock/comments/p6z55l/take_off_tomorrow/

On balance, the RNS is positive. The main takeaway is that lenders have faith in the business. All other considerations are secondary.