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Nope similarly looking to open in that range Cruis.

3 full weeks (importantly the weekends) to go, Thor should add considerably as it is the first 3 weeks where we see vast majority of movies income.
Minions only 10 days old so should add well.
Still a couple releases to come during month and we have (possibly for first time since re starts) a group of movies still adding well to totals.

Not done any in depth to see what is reasonable for month total, but as I have said before it will be disappointing if we end July below $1bn.

*See previous years

https://www.boxofficemojo.com/month/?ref_=bo_nb_di_secondarytab

Current estimates at $537m for month to date Cruis.

Over the $0.5bn as I suggested after last weekend.
Good to see strong trading these important months.

Tegop, averages are often poor to take info from.
Both AMC and Regal have already said previously they charge more for "premium" films e.g. Thor.
They also look at pricing for "premium" times e.g. Opening weekend compared to mid week 4 weeks in I guess.
There is also the factor of locations e.g. New York prime site more expensive than some small town suburb.

We know progress is being made and June and July (as normal) are proving to be good income generators.
One of the next tests is August/September period that is often quieter and indeed the movie slate is showing that likely again.

https://deadline.com/2022/07/box-office-thor-love-and-thunder-1235060300/
Saturday evening forecast for weekend update.
Some info on AMC and Regal pricing for this one also.
Now forecasting a c. $244m overall weekend.

Further to my previous post suggesting we could see half billion dollars for month by end of coming weekend it looks like we may well be on track for that.

Forecasts here for a c. $0.25bn 3 days over weekend coming. Thor backed up strongly with number of movies still doing well.

https://www.boxofficepro.com/weekend-box-office-forecast-thor-love-and-thunder-looks-to-strike-with-135m-domestic-debut/

It's not one film and never was.
However one after another after another will eventually result in industry and company being profitable again and that will make a difference.

A general market reminder for those that may have missed what is going on beyond Cimeworld ;-)

As a side note current share price here (and elsewhere) has made it much cheaper for day traders and the like to "play" with the share price.

Yesterday for example had what a 20% swing range and for buttons trading cost.

Only a "fiasco" in your view stork.
What no RNS does clearly show is none required.
I suggest by that then neither the dissenting shareholders or this particular lender are desperate to close business down as you and some others are.

Sorry for your disappointment.

Whenever I swim in the ocean there are some big passages.
Waste of oxygen.

Cheers Ant,
Yes it is worth taking a step back and looking around from time to time and reminding ourselves.
Clearly we got the hit late last year on the Cineplex case. (That is obviously business specific).
Hard/impossible to measure, but imho far more than not this year's drop is non business direct related.

If we are all still here end of year then it's very likely a happier position.

Hussart,
Depends on the shorter I guess. Some will have as a hedge so in some ways price irrelevant.
Others will hold as their view is company going to the wall.

Many/most (probably) in all honesty are in a rather more comfortable position currently than is Longs so I personally won't be focusing on their actions.

Unless we have SIGNIFICANT news and see significant movements that is.

I don't consider current recovery path as significant news (yet)
An appeal "significant win" i.e. either complete reversal or very large reduction in award I see as a win and significant news.

A half with profit levels enabling not only covering financing costs but reduction (of note) in debts I consider significant.
Re -financing at far lower costs recent debt I consider significant.
Clearly any major new studio deals, bid for company, US listing (potentially), end of Russia/Ukraine conflict and some other factors could all help also.

FtB,
Thanks for share, its largely an empty update fr Cinemark in reality though.
I know many like Adam Arron at AMC and this sort of "update" and would like similar from Cimeworld.

I don't see anything concrete I e. actual profitability though and it only tells us what we all already know from Box Office MOJO and other sources. i.e. June was highest box office since start pandemic, but still lower than pre pandemic comparables. (getting MUCH closer).

Absolutely no point any of us denying or trying to debate it is currently awful and has been on a terrible slide for some time.

That is not to say the company is therefore doomed, that the fall is all company related or that we are unique in this fall.
Company does have its issues and all (almost all anyway) fully realise the obstacles.

Year to date :
Cine - 42% ouch.

Hang on though.

YTD
TUI - 50%
Ryanair - 36%
easyJet - 42%
AMC cinemas - 52%
Aston Martin - 72%
Royal Mail - 48%
eBay - 35%
Amazon - 34%
Apple - 23%
Nike - 37%
Adidas - 36%
M&S - 42%
Next - 24%
Rolls-Royce - 37%
Tesla - 73%
Aviva - 32%
L & G - 23%
B.o.A - 33%
Boohoo - 53%

Few sectors there and range of companies with varying financial strength I would suggest they are not all going bust as is suggested Cineworld must be due to falling share price.

A year and a half ago when we were down at these levels some of us still here endured, I had a few stressful days/nights back then.
This time round personally I am far less so.
Not saying I am ruling possibility of losing the lot this time round, but for whatever reason it isn't ruling my life this time.

If it goes so be it, if we see another strong rise (we had an 8x from these levels in space of 4 months I think it was from Oct/Nov 2020 to March!? 2021).

What goes up can go down it can also go up.
None of us know with certainty the future or the journey between now and then :-)

Wonder if we will cross half billion box office after coming weekend ? :-)
Sure helps that strained cash position :-)

Another top post Hexam.

Around 2 years in the share and on this BB Longs have been right, longs have been wrong.
Shorts have been right, shorts have been wrong.

All had moments when called it right or wrong over that period.
I expect that to continue.

As much as it hurts shorts have been right more than us long for last 6months/year (regards SP movements).

Yip, and in the case of an RNS no news/RNS means none required by law or otherwise.

As I said and as investor relations subsequently said.
Some here seem to wish to make fools of themselves repeating every day that laws have been broken.
Similar people that have given multiple past dates as the day the business collapses.
Yes here we are the company is still trading both on the stock market and as a recovering strongly trading business

I can only assume you didn't read or are unable to read properly that or any other RNS the company has released then.
For me, the answer (s) were within that release.

All that was required is here:
https://www.lse.co.uk/rns/CINE/update-on-regal-dissenting-shareholders-agreement-vnmew9ewbn0wmug.html

LTHcine, Anything would be estimations/guesswork.
I don't particularly think we need to do any particularly "clever" analysis.

From last two sets of numbers updates from Cineworld it seemed pretty clear to me they were operating around in line with previous share of box office business.

We know revenues/profits are a bit better than straight taking box office % v prior years as spend per person/concessions are running higher than previous.

For me it is as simple as Cineworld are operating at a small percentage higher than whatever box office mojo notes for total box office v 2019 (or any prior year).
This has been shown on a consistent basis since reopening.
We have Cimeworlds monthly comparisons on ticket sales plus concessions v 2019 and we have box office from aforementioned source.

Many poor months since reopening , some ok/survival months and then December and June so far as "good" months.
Currently in our best run with it looking like a minimum of 3 consistently ok/good months (May, June, July).

We have had cash position given to us few months ago and we have had RNS noting measures the company are looking to take e.g. waivers if/where required, delaying (again) dissenting shareholders payments.

Company is not magically making fortunes and reducing large debt pile (not yet anyway).
Had good weeks and now even couple months, but also had plenty bad ones.

We might just be edging to right tracks now.

Well, that's c. 50% of January or February totals earned this month already in 3 days ;-)

Circa $200m per week (made this in first 3 days) for next 4 weeks gives us another c. $1bn month ;-)