Member Info for Damodubya

Oxo flavours the Beef

If it's good enough for them it's good enough for me...

Interim Results

Great, Coldplay.

I didn't think I was suicidal about Cine up till now.

Nail...just polite to let people know in person.

https://secure.emincote.com/client/cineworld/cineworld015/

https://secure.emincote.com/client/cineworld/cineworld015/

Link to presentation

Yep.. positive spin.

It hurts a little that Mooky has not, in time for this update, secured the waiver. This is my biggest disappointment.

Granted, it is believed that this will happen but its omission has not helped.

I'm with Bovey...

Cut guitarman a break... Christ!

If you're buying in at these levels he's done you a favour.

He's sold because he wanted to, he's entitled to do what the hell he likes and not have to defend his position.

Union doesn't like Steve in charge. Point now made. Now boring. Moving on.

@Union

Sir, it is you that sounds bitter.

Lower sales during the pandemic.

Changes in management.

Over the bump, results as expected. Moving on.

So no extension yet, but confidence it will happen... Disappointed with that but as expected.

"This includes, but is not limited to, discussions with lenders to extend existing facilities beyond their current maturity, with all potential liquidity raising options being considered. A waiver in respect of applicable financial covenants for December 2020 and June 2021 testing points are being negotiated with the Group's lenders and, based on the current status of negotiations, the directors are confident that these waivers will be obtained."

Good luck holders.

@Crumpets

Seems, me, you and some of the other regulars are thinking the same.

I don't think it's unreasonable should we have the wind at our back.

Thank Bolox.

Hi Spangly...

It's been difficult to say the least, as others have pointed out, Mooky has been aware of the very real possibility of an extended closure for some time. We already know that attandance has not been what we all wanted for obvious reasons...

The studios are moving their releases, in effect delaying a tidalwave of income further down the line once 'normality' resumes. We're just not there yet.

I personally reduced my holdings as I see a quicker recovery elsewhere but have kept a sizable chunk invested. Had I left it alone I would've been in a better place today but I was aware of the risk so I can sleep well.

I am hoping that Mooky announces favourable agreements with creditors that extend well into 2021, and that they've taken into account that the movies (bond, widow etc etc) lay unreleased and the cash they generate is simply sitting idle in our pockets until such time.

2021 - 2022 will be an immense year for cinema.

Spinning my magic wheel..... 70p best case. I'm personally expecting it to settle at 55-60p with good news... Only my opinion and that's why I've reduced slightly.

I do hope that it's much better. I expected better operating conditions though when looking forward to this time.

Good luck all. Stay sane.

Saved me the trouble. Ta

... Anyone have any opinion?

How so?

Is this another live address or just an RNS / presentation?