Member Info for FunInvestor

Stop just STOP telling lies to yourself.

You bought Cine at £1+ and only sold at c. 37p having in your own world's lost c. 70%!!!

You then bought with your remaining money of £30k(ish) xrp at 74p which is 40% down since.

We all (most anyway) as well aware Cine is not without risk.
You being an absolute pathological liar to yourself won't change ANYTHING.

Look back, pretty certain you won't see me advising people to do anything with THEIR money.
I have been one always said risks and so can and will move both ways.
Don't try re-write history.
You have turned £100k approx into £18k approx.

Mooky has clearly stated more than once that getting the existing business up and running to "normal" levels allowing to then "tidy up/reduce" the debt is priority.

Therefore I would be somewhat surprised to say least if we saw expansion (of scale) in short term.
I do believe the company will continue to add strong strategic locations, that is single sites rather than hundreds or thousands from another business. They will also likely continue to monitor and where possible remove poor sites.

I also don't see him particularly wanting to sell off part(s) of the business as it has only just got to this size really (see Regal and Cineworld purchases). He and company are clearly driven to be one of if not THE big player in the field.

A deal too good to turn down obviously can always change all that, but currently I feel the likelihood is fairly low on that front all considered.

So for me it is clear Cineplex, get at/near/beyond those base line targets and see the existing business start generating enough to put it in place to make further improvements e.g. stronger balance sheet /cash position to improve recent expensive debt for cheaper debt as a minimum, then easier to reduce total debt burden which in turn from reduced interest coats enables further reductions and/or funds to upgrade current estates, make moves to buy other brands, see better SP to raise far greater sums to do whatever the hell they like.

Buys Cine at £1+ , sells at c. 37p to buy xrp at 74p, holding it currently at 43p.

Yes we have missed your clear expertise.

https://movieweb.com/jurassic-world-dominion-opening-weekend-could-beat-doctor-strange-2/

Mountainous, Yes my belief is various areas of uncertainty in the business, not least Cineplex appeal. What I was ask though was for those here that believe eve there is no result that has Cineworld lose essentially then why is SP here and why are institutional buyers not filling up like fat kid in sweetie shop?
It doesn't add up if that were indeed the case. Let's nobody here think they know far better than teams of experts in finance/investing/legal matters

Mountainous , As one of the most regular cinema visitors of this board I agree with you and your findings that UK is still performing pretty well.
I also have chats with the staff from time to time though not asked about pay per se..

Think the key as you note towards end however is we are not in the USA and that is where we still need significant improvements.

The company have recorded that for is and we see enough stats to know that to still be the case.

Recovery is longer than some hoped/expected in that territory but we do get little shoots of hope it can and will still come.
Question is how well Cineworld can negotiate until that point with their finances as we know they are.

Let's hope our belief in board is well placed.

One of my problems with the assertion that with regards the Cineplex dispute and appeal we essentially can't lose comes back to then why is share price at c. 10% of pre COVID level's.
If everyone is confident box office has returned/is returning strongly. We are or will soon be coming it in then why are some of Cine board, Jangho etal not piling in at these prices?

We have had nothing of note buying pr shorting really for months and months.

For me there is still uncertainty on various levels and we surely must have "something to lose" in this court case.

I am not qualified in the field of this case and as I understand it neither is anyone else on this chat board.

That aside I do value and appreciate the efforts of research HNS and some others go into on this and other Cineworld related matters.

Thanks Bonkers, Indeed very disappointing from the company in this case then.
Let's hope it's a late RNS with other info such as June debt waivers and agreed extension from Regal dissenting shareholders included.

https://thestreamable.com/news/report-netflix-discussing-longer-theatrical-windows-for-original-movies

"IF" indeed those two days are indeed a confined date for the appeal then YES I am also very disappointed we do t have an RNS just confirmi.g that by Cineworld.

"IF" it's not well then no concern and back to hoping the latet the better for the appeal.

I do wonder if 2 days is sufficient for both parties to clearly and adequately put forward their cases for both appeal and cross appeal.

Happy Monday!s) all :-)

It's simple, in the event of ever having a nuclear strike share prices really won't matter a fxxx to any of us.

"The Cumulative numbers speak for themselves"

As we stand 58.5% in our key market.
May I refer to a post of couple days when you were down playing the impact of UK as overall share of business also :-)

Mountainous, from memory I probably agree there was nothing written that 100% would nail us wanting to pull out regardless.
It was spoken in evidence though and well let's be honest it now is of no consequence.

You, I and most here just want a FAR better outcome from the appeal.

You have traded more recently than me LPD, so stop being a twat for even one day.

You can keep calling me and others named and trying to detract but we can all look at a screen and see the share price is much lower than SEVERAL prices you have told is all it is cheap at.

I as much as anyone here want a business and share price recovery.

I don't ignore information I do t like though and as I keep saying it is the company's basis, not mine.

That aside if ANYONE thinks attendance levels to date work for the company then they have serious issues I may suggest.

Other revenue streams do NOT make up for the shortfall we have had to date in attendance
No matter how often you or anyone else name call.

Mountainous, Those texts, emails and many discussions were covered pretty well through the hearing and YES Cineworld WERE looking at pulling out of the deal as an option.

Mooky was the one still at later stages wanting to go on with deal almost in a "no matter what" fashion.
While Isralei and Nissan had been discussing pulling out or trying to go back with lower offer.

Synergies as basis of award still is baffling though.

Allkap, agree great film have already recommended it couple times on these boards.

Thanks LPD, fully aware it is a 7 day a week operation and a multinational business with other revenue streams.

The COMPANY'S base case for US market is clear and while it is not everything the Box Office is biggest factor for the business by some way.

So far at first glance we can see a c. 80% month to date comparative so appears good.
I would say next week/10 days will more likely bring this percentage down than hold or lift.

The Dr Strange performance is widely reported so nothing to do with me or opinion.

Strong opening weekend we all noted.
Equally only right to note a weak second weekend.

I would still love the share price to currently be where we were a year ago, but facts are we are not.
All for reasons.

https://www.dailymail.co.uk/tvshowbiz/article-10816563/Strap-CAROLINE-GRAHAM-provides-low-Gun-Maverick.html

Now passed second week of May and unfortunately for us Dr Strange has suffered a steeper than "normal" for Marvel fall off in box office.
This gives us a poor second weekend and with our current shortage of movies now shifts the pressure of big numbers/outperforming forecasts to Mr Cruise and Top Gun.

Would be awesome if this report is even close and there is certainly a lot of good hype for it currently.

Let's hope we are strapping in for a jet plane take off in box office final week of month and into hopefully strong June.

HNS, regards Cineplex being unsecured creditor and it being "impossible to enforce and damages payment".

This to some extent has me beg the question what is the point of initial court case or this appeal?

While they may never be able to receive a single cent, is their "win" option to have a major global player in their industry removed from the "competition"?
Possibly allow easier access to expansion for themselves??

For those stating Mooky confident of appeal win, we want that as shareholders obviously. However let's not place any true significance on it.
He and most here were confident of win in original court case let's not forget.

Personally hopefully while still fearful. Currently like most here now in an all or bust position now