Wellington, you're not imagining it! Nisan (CFO) said during the last webcast that they hoped to have the Cineplex issue sorted by the end of June. Key word there is 'hope'. So it could be a few weeks or even a few months. But agreed that it is certainly a bit of a weight on our shoulders and one that will be fantastic to free ourselves of.
Any ideas on how Unlimited Cards are factored into box office takings? Say I go to see F9 tomorrow on my card, I'm paying nothing on the day but I am on my annual / monthly fee. How do they work out how much of my monthly / annual fee goes towards F9's (Universal's) box office take?
Surely nobody is taking this seriously? Some rando on a bb that has been (probably) on the sauce posts takeover news but there's not even a whisper anywhere else. Nothing. And Jordan has since disappeared off here either laughing his arse off or gone into hiding after a throwing out a drunken post with no way to delete it. The biggest news next week will be about F9's box office and rightfully so as the public piles in to fill up our very hungry cash registers.
@rinkydink. You say 'who can trust a word the government says?' You mean the UK government? Where just 15% of our business is? Or the U.S, where 75% of our business is and where now almost 100% of states have lifted all their covid restrictions?
Unless you bought in here through FOMO and did no research, you should know that by autumn time Cineworld will have been running at full strength in the U.S for four months and most probably three months in the U.K as well and will be able to demonstrate that the business is well placed to service the debt levels and return to proftability.
It will take years to fully stabilise but it will get there. It all depends on your own sp targets and patience.
H1/F9/H2/HS2/Q3 Too much shorthand going on for my old brain!! But yes, agreed, should be the last bad batch of results but hoping to see not as bad as forecast. That and along with an encouraging statement for the future from Mooky will put us on real firm ground to build back up from.
Addition: H2 results announced on 24th September. That's three months from now to show that we're not only firmly back on the road to recovery but hopefully ahead of projections. That will be the one to get the £1.50 - £2 shorters club to really start thinking about buying back. We need F9 to absolutely smash it.
It's only risky if you buy in now. But If you got in sub $20 or when it was at it's true value of around $2 when NO FEAR was talking about it (God bless his island), it's party time. Sit, hold and squeeze those short scum until they burst.
And finally, confirmation. What a beautiful thing to read on California's Covid Website that's just gone up:
"Thanks to your trust in the vaccine and falling transmission rates, California has fully reopened its economy. This means no more physical distancing, no capacity limits, no county tiers, and relaxed mask guidance."
That cinemasafe link is great, LPD. Basically shows that we're practically at 100% in the U.S now with CA and NY joining that list today / tomorrow. 75% of our estate running at full capacity now. Brilliant, brilliant stuff.
RE: A brilliant day for Cine in the U.S15 Jun 2021 09:41
Sorry (not sorry) to keep banging the drum on this but it really is a hugely significant day for Cine. CA and NY not being at 100% is primarily what kept the big movies away from the screens. Hollywood blockbusters may have a global audience and China is a huge source of revenue for them, but it's CA & NY that are still, even today, the key markets for the movie industry to make decisions on. Deadline mentioned this fact often. If (most likely) F9 smashes it domestically, I expect studios to start re-arranging their release schedules like an F1 team changing their strategy mid-race with some titles brought forward. I just can't emphasise enough how big this is for us and the detractors can try and argue streaming til the cows come home; as was said on here often last year, going to the movies is much more of a cultural 'thing' in the U.S than over here even. It's like saying Brits won't go live football because it's on Sky. Never going to happen. Because it's part of our/their culture. I'll shut up now, I need to get a Maccy D's breakfast. Seriously. This is majorly positive news for us. Brilliant day.
A brilliant day for Cine in the U.S15 Jun 2021 08:59
On the day that California lifts restrictions to 100% capacity, so to does New York. Masks aren't even required if people have been vaccinated. This opens up our two biggest markets to 100% and well in time for F9. Yes, I know we are a UK listed stock but how this hasn't bumped the share price, god only knows. This is a massive massive day for Cine's fortunes:
RE: June 21st can go ahead .....providing06 Jun 2021 15:12
The June 21st date is odd in relation to this share. Given that 75% of our revenue is generated in the U.S and where our key markets of CA (no capacity restrictions from a week tomorrow) and NY (no capacity restrictions from July 1st) are located, then June 21st should in theory not be that much of a big deal. But, for whatever reason, as this is a LSE listed stock, UK news sways our fortunes more than what's happening in the U.S. Ridiculous when you think about it. I'm starting to think that way too many people think this is a UK only business.
@ ShareFlyer - Somebody tried to do that back in January i think. Called himself something like reddditcine? Had a twitter page and got a few thousand interested i think and was active on here for a few weeks. Daft as it sounds, i seem to remember it getting some online news coverage. Not much but if memory serves, the sp went up and shorts reduced? Happy to stand corrected. I'm old(ish) now so memory is not what it once was. But it could've been a coincidence and the U.S news simply generated interest / spooked the shorters here. Either way, I think there's some mileage in drumming up interest here. It's a very British thing to see the cloud inside every silver lining. So sod it. Let's make it happen. Any ideas?
The hospitalisation data just hasn't been updated since the 25th that's all. I like to think they're holding it back because it's gone down. Hopefully the next figures released will show a decline in numbers of people in hospital despite case numbers up over the week which would really put the UK MSM doom machine into a spin. It shouldn't really matter that much though as the U.S vaccination / covid data is even better than ours. California just updated for the week:
51.2% of population fully vaccinated 48% of population now in lowest tier All capacity restrictions lifted two weeks tomorrow.