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https://www.boxofficepro.com/long-range-box-office-forecast-marvel-studios-thor-love-and-thunder/
Cruis I find this site useful for box office info.
Lightyear will be a difficult call for them as it is a form of prequel so won't know if it can do numbers similar to Toy Story.
Tegop,
The company's losses were NOT made up of entirely new debt from lender's!!!
From memory we took on c. $1bn new debt to guide through pandemic.
This is (like your confusing Revenues and profits) very poor when sharing information on these boards.
Also remember $ and £ are not equal.
Edit: * lent Cineworld 270m GBP/month
Tegop,
You seem to make "facts and figures" up even more so.
Again you quote as fact that lenders Lightyear and Cineworld £270m/month during pandemic.
Please show us all your source of this absolute trash statement.
Why would shareholders of a cinema chain desire the end to any of the massive revenue earning franchises?
Not paying full C$1.2bn is VERY different from gaining an out of court prior to appeal.
If there is an out of court settlement before the appeal is heard I will apologies I got it wrong.
Will the opposite view do similar!?
So why even bother with the initial case shazabo?
As I say no deal was done prior to award.
Only see it as less likely now they have actually been ruled in favour.
Are we saying courts have zero purpose now?
*strikes me as hopeful fantasy by some of my fellow shareholders*
iParsnip (and others that suggest it),
We were unable to reach an out of court settlement prior to Cineplex being awarded C$1.2bn.
They, we and all knew our debt and relative cash position etc at that point.
Plex have since won the initial case for substantial sums.
Why on earth if they didn't settle out of court pre award would they entertain such now?
I see zero incentive for them to do so at this point.
Cineworld spoke of such a possibility before initial case it never happened.
They don't seem to be entertaining that possibility either now.
Strile
Tegop,
So with a "trivial" appeal, a roaring box office, external factors that do t effect Cineworld and insignificant debt levels can you tell me why share price is c. 85% down on prepandemic levels?
Feel pretty sure you will still do ok at these prices sammy.
Bit double your "DOH" there. Between that and Cine the year 2057 will be great for you ;-)
Shazabo, whenever the "joke" has to be explained it's rather wasted from there on.
Cruis, Maybe it's simply how different people "read" it.
I term ANY reduction in current ruling as Cineworld "winning" the appeal.
Obviously the court case is huge factor.
As is the company's debt levels.
As is worldwide factors.
As is fact we dont yet have a return to "business as usual"
Revenues still lag pre pandemic times as does levels of movie releases as does (most) individual films take at box office.
There have been rises of decent size on some of the big releases.
It doesn't last though because of all of the above.
(IMHO).
Be interesting to see how this weekend actually plays out.
https://www.boxofficepro.com/preliminary-weekend-box-office-forecast-jurassic-world-dominion-hopes-to-overcome-review-woes-in-the-wake-of-top-gun-mavericks-momentum/
Revenue and consistent revenues means plenty (we know many other factors also at play).
Lack of revenues (so far since re-opening) is another perfectly valid reason for SP struggling.
YES, YES I know we are seeing signs of revenues worth talking about May and hopefully the next couple months.
Simple truth however is that company and industry has pretty much every month since opening back up not had the revenue levels to make for a highly profitable business.
Now as much as I respect Mooky and like much of how he goes about business his last couple interviews have been misleading regards movie releases.
Yes we now have a major studio release most weeks (more regularly), BUT we have nothing else and that lack of support movies is currently the difference.
Until we start seeing month after month of US domestic c. $900m then we are still a struggling/recovering industry.
Which Xmas for 50p and any particular 2 years for £1? ;-)
It's a drag now aint it.
Squid maybe do even minimal research first.
https://www.statista.com/topics/3655/broadband-in-the-uk/#topicHeader__wrapper
Hussartbr,
I believe you can strike point 5 as I am sure HNS confirmed little while back case has been and gone with no win against insurers (it was always a long shot as most of us agreed).