Member Info for FunInvestor

Yes IDW all companies only make profit after covering their costs.

If talking pay at home or watch free at home I see your point.
I maybe misunderstood and thought it was a £15 cinema experience v hooky stream at home for free.

Sharepricer I disagree, but feel we will not be able to meet on this so comment no further.

Ash
Your post suggests the biggest fall will be Monday.
You go on to say there maybe some recovery from that level, but you estimate a 45 - 55p range for the week.
Some of the Brexit uncertainty/no deal outcome has been priced into markets to a degree and yesterday in particular we witnessed this with many FTSE shares falling (including Cine in the morning).
The market for Cineworld then come to terms that the Disney update was more important on balance than Brexit outcome to a cinematic chain 75% USA based.
Hence we saw a c.10% increase in SP from the post Brexit news fallof morning to close of day.

I think many are reading WB move wrongly.
Personally I do not think they are committing to streaming all future movies at expense of cinema.
For me they have seen near a full year of not being able to free up cash invested in films and while they still now and future value the cinematic release they have to taken action to as they see it at this precise moment in time give some certainty.
So vaccines are essentially still to really start rolling out, most vaccines still to either be authorised or even still finalised trails and then be authorised before they even start roll out.
Roll out then needs to reach sufficient levels to see real change in infections and deaths.
So as of the time they made decision nobody could GUARANTEE a specific date in near - mid future that major markets could see significant returns to crowds.
So they have enabled viewing public, themselves AND cinema operators certainty in otherwise uncertain times.
There are movies and release dates for a whole year ahead.
Now if there is significant progress with vaccines and rates drop off cliff of hospitalisation and death say late spring/early summer and people are freely able to go back to full or near full theatres, pubs, sporting venues, cinemas I feel WB may well adapt as current conditions allow and revert to the exclusive theatrical releases we have been previously used to.
All IMHO.
Time and how events unfold will show these thoughts to be right or wrong.

"My point exactly! Movies in the last 5 year just didn't make it to piracy sites in HD till the DVD was released and this is why the studios made so much money. How foolish of them to assume they can recoup those numbers via Streaming."

This has been said on these boards before but it is just not true, however it is irrelevant.
There always has and always will be alternatives in most things in life.
Not immediately always HD, however almost without exception cinematic movies have been available to stream at home for free in recent years. Stream on official channels or cinematic release makes little to ZERO difference to the "less official/legitimate sites"

"Lets be honest here how many of us will actually spend £15 on a movie when its right there for free ?"
This is also IMHO not the case where it matters either.
Those that enjoy cinema have, do and will continue to go and pay for not only the movie but all that's associated with a " night at the movies".
It's similar to saying who is going to pay £30 for a meal at restaurant when same food can be eaten at home for say £5.

It has been said that the studios have all the power and they will move all content to streaming blah blah blah.Below is a link that is just one of a number since WB move and I would argue that it is the directors/producers/actors that have the 'power".Anyway it's mute point as most people that are level headed and sensible realise for sometime to come at very least (if not forever) cinema has its place and will remain THE premier output source for the big movies.https://www.indiewire.com/2020/12/jason-momoa-josh-brolin-defend-villeneuve-warner-bros-fight-dune-1234604046/

Now we have experienced 3 weeks with SP range mid 50's to mid 60's have we now seen the last of ShortestChild?
Too embarrassing even by his standards to attempt the 19p tomorrow stuff now.
Ouch that 30p short he holds ;-)
Sorry all for lowering myself briefly to childish behaviour.
Enjoy whatever your weekends hold and take a moment to tell someone how much you care for them :-)

IDW
What is your problem with answering direct questions and instead swerving onto another set of numbers or entirely different subject almost every time!?

From purely economic financial terms fishing industry is TINY as part of overall trade in terms of UK and EU.
It's ridiculous really that it has become a chip that stops a deal in all honesty.

It was a welcome confirmation and boost last night watching their presentation and vision.
Disney and other studios know the value of Cinematic releases (I believe WB do also to be honest).

zstarz,
Cineworld would not be able to be bought on the cheap right now.
Also an offer 1 - 2 years from now would be seen as far less risky and for not a crazy amount more than a successful offer around now (it's all guessing stuff though).
Invested here for the recovery (with potential bid offer a small nice potential aside).
Yeh on balance happy I haven't sold part holding trying to trade.
It would have allowed for some more relaxed days had I done so mind.
Have a great weekend :-)

zstarz,
I wouldn't be losing much sleep if there was extra market share for Cineworld on the years ahead (if that means AMC going to the wall so be it).
Partnering when it makes business sense to do so for both/all parties I can see.
However the "90 years in the business as a family" and how he comes across. Listening very careful to the exact words said and his body language tone etc lead me to conclusion that unless there is an absolutely CRAZY deal for buy out Mooky wants to keep this basically under his control and although it isn't to have a family owned feel to "his" business.
Even if he feels differently I just don't see the market for it right now.
Year from now, two years maybe!?

Interesting an almost identical figure quoted they require to raise to survive 2021 that Cineworld has already secured ($750m).
Check out that 15% interest also when some here go on about rates Cineworld are paying.
Still not certain the $125m cash burn is monthly or for two months!?
https://deadline.com/2020/12/amc-ent-cash-may-be-gone-in-january-warner-1234654916/

Oh, I don't disagree zstarz.
Cineworld better managed than AMC from what I have witnessed .
Must go back and read article as now doubting myself whether that was per month or for the two months.

zstarz
Little correction the $125 was for a two month period.
Still their finances seem far more precarious at this point in time than Cineworlds.

Having spent some time watching Disney presentation last night and to contra that we all have heard various reports and news now for weeks re Brexit.

Disney news positive.
Brexit leaning towards no deal (negative or at very least perceived by markets) as negative.
Disney the news that "actually" directly impacts this sector managed to just outweigh the Brexit gloom.
As we approached close and were threatening 64p I had finger on sell button for half of my holding.
Would have been with view to buy back in if we fell below by a few p anytime in the coming weeks.
If we never fell below the level then I had banked some gains and still had decent skin in for the rise.
As it turned out sp swung back a little so I am all in still and happy enough with that.

Have a good weekend all :-)
Let's hopefully get the confirmation of vaccine approval over weekend/early next week.
Let is get an actual decision re Brexit Noel Edmonds shenanigans.
Markets can then deal with that, we all know they hate uncertainty.
See you for more fun Monday :-)

Union
I have no idea where you have evidenced anything that backs up your claims re Bungling Boris being a master negotiator.
However let's see...
Not that fussed on outcome, other than it will be clear or not he and others have been talking p*sh

IDW
Have you seen the weather forecast for my local area?
Like your reply to my reply to your earlier comment... Absolutely irrelevant to the prior post.

Thanks for the chuckle PinkEye :-)