Member Info for Crumpets

I think I read as well somewhere (probably on here!) that we could just refuse to pay regardless of any outcome.
And Plex would have to come after us through an English court.
Does anyone know if I read that right or got my wires crossed somewhere?
I just find it amusing that a big corp like Cine would just figuratively blow raspberrys at anything Cineplex do like the taunting Frenchman from that Monty Python film.

Anecdotal evidence but I watched Operation Mincemeat tonight and was surprised how many were watching for a non-franchise midweek performance here in Sheffield.
Best part for me was that it was evident that Cine are finally upgrading to laser projection in the non-IMAX screens as the screen I was in was previously way too dark at times. Tonight, the image was crystal clear and brighter and sharper than ever before and could make out what was happening in the darker / night scenes with ease.
Just a small observation.
But made such a difference and shows continued investment in the viewing experience.

Nah.

If it blows up, Cest la vie.
I took my chances. It either works out and I hit my exit point or I lose this one completely.
Not going to sell anywhere in between and I refuse to buy any more in this one either now. No chatter from derampers, agenda driven media articles or court judgements will alter my mindset.
I'm locked in.
As Ivan Drago once said 'To the end.'

If Mooky had never considered buying Cineplex and if Covid had never happened, I doubt many (if any) of us would be here.
A lot of ifs! But truth is that we all saw a fantastic opportunity to buy in at record lows. And the opportunity is still there if you believe in the long term success of the company. Personally, I'm happy to wait 10+ years if needs be to hit my exit price.
Interested to know if there any bb posters here who are holders from the pre-Cineplex / Covid days?

I predict that we'll be bobbing around the low 30's here like a fishing float until the appeal decision is announced.
Wonder if any Canadian firms will make *ahem* 'completely coincidental' large shorts or buys a day or two before the verdict again?

I must admit to why so many (including most media articles when reporting on this) are focused on a comparison to 2019 box office.
That was a bit of a fluke year with both of the Avengers and Star Wars movies coming to their conclusions and massively boosting numbers.
Wouldn't it be more sensible to compare to a regular pre-pandemic year?

Any bonus should've gone to installing as many laser projectors as possible.
Went to see Morbius last week and the picture was so dark in places it was literally just a black screen for some scenes.
I know it was a dark film but the old lamps either need replacing or upgrading to laser.

Cumbersome Bandersnatch seems to be in everything these days.
Don't mind though as his films all seem to have the Midas touch at the moment.
Put him in everything.

You absolute noob, Aldebrararlala.
If you'd have done your research, you'll have found that a recession is good news for us as cinemas actually perform better during them.
Back to Mordor, troll.

WALL OF TEXT.
Didn't read.
Lol.

Corrct, Cruis.
Not just last week but Mooky has stated a few times previously that he doesn't expect admissions to return to pre-pandemic until at some point in 2024.
Probably from the summer onwards of that year.
If it can negotiate the court case positively, Cine will be in a great position again.

"I based it on a Unicorn on a teacup graph..."
You do read read your own stuff back to yourself before posting, right?
If you were an animal, you'd be a Lolaphant.

It's really simple for me.
If the appeal goes any way in our favour; be it a total reversal, much lower payment, out of court settlement or paying back in installments over 99 years then this share will absolutely fly.
Cineworld being a cash generating monster and managing the debt down was never a doubt in my eyes once we got back to normal.
I'd rather have the appeal sorted asap though so we all know where we stand.
Either up the brown river without a paddle or we can start to weigh up healthy exit points over the coming years.

Excellent news, FI ol' buddy!

I really really enjoyed it last night.
Didn't feel like a 3hr film at all.
In fact, probably one of my favourite films for a long long time.
Was worth it in IMAX just for the sound of the Batmobile alone. You felt it just as much as you heard it. Awesome.
From an investor point of view, great to see the bar rammed with an older clientele. Couldn't get a seat in the bar arts area it was that busy. Concessions packed with huge queues.
Great stuff all round.
But the sound was the winner for me. Great soundtrack too.

I don't think we've lost as many posters as you think, Bonkers.
Just that all the old guard are that long in the tooth with this share that they just see Groundhog Day on this board with the same arguments doing the rounds time and time again and simply cba to engage anymore.
If they're anything like me, they still see the enormous potential here and believe in the long term success of the company. Just got nothing to add any more here that hasn't been said many times before and happy to wait it out.

Of course it's good news.
Over the last few years, all the rabid derampers were telling us how cinema was dead and every film was going to be shown on streaming now as nobody would apparently leave their houses ever again.
Now the streaming bubble is bursting, guess where studios are going to favour more to release their products?
To a fragmented audience that gets pirated on day 1 or to a place that's available to everyone with zero chance of quality pirating?
This is great news for cinema. And plenty of us saw this coming years ago. That's the whole point. See an opportunity to buy low. Wait it out, sell high.
Shorting at this price is the equivalent of buying high and selling low.
But each to their own.

Good article in The Guardian today explaining what some of us with foresight were saying last year when the board was getting spammed with derampers shouting on and on about how streaming was the future:

https://amp.theguardian.com/media/2022/feb/19/investors-alarmed-as-streaming-services-lose-their-magic-touch

It was almost a year ago but Mooky said that he didn't expect a return to pre-pandemic admissions until 2024.
5% below was what he predicted.
We're well short of that for January but let's see how things pan out over the year as a whole as the last quarter of 2021 was very encouraging.
In addition, Omicron is starting to ease off in the U.S and as we head into spring , will hopefully drive more customers back into the cinemas hand in hand with an ever increasingly attractive release schedule:
https://www.dailymail.co.uk/health/article-10464213/amp/Covid-cases-declining-41-states-eastern-half-country-moves-past-Omicron-surge.html