Member Info for FunInvestor

Get it sorted Robin, you know am your man and for a Greggs I will ask all and any questions submitted by fellow holders.
SOHO is that an all you can eat buffet type place? ;-)

Good addition to the company hopefully and what better way to open than to Dr Strange.

https://www.mylondon.news/whats-on/whats-on-news/cinema-hounslow-new-cineworld-opening-23659341

Giant S This is about COVID, don't pretend otherwise.
Until that point the company had always been profitable.
Had we not had COVID then last two years would have seen full synergise flow throw from the Regal acquisition and a pay down on debt levels leading to ever greater free cashflow..
That in turn would have enabled the Cineplex deal which would then have done similarly.

Dress things however you want to pretend, but THAT is the reality

No I am not happy with share price, BUT it's for reason I mentioned and then the Cineplex fall out.

We live life forwards, not back. So what may in hindsight turn out different does not mean it was wrong at the time.

Yes because building a business slower has always been the way to go.
I disagree with you on the approach, but we can all have opinions.

Like your style BB, though anything sweet doesn't stay in mine unopened long.

Biscuits, cake, chocolate, cookies, ice creams, sweets, puddings, deserts talk all you want about them I say BlueB :-)
Unfortunately we currently get more like penny chews per share than pack of luxury biscuits.

Deltalo as you said "Cineworld" I assume you are in the UK. If so then that's very old news as we all know there has been a reasonably strong UK recovery.
That doesn't particularly help the company overall though (yes it's good, however it is USA we need to see doing similar and it so far is not!!).
That's the key RS it is one good weekend and we have had the odd other one.

We need it regular and as yet we are not there.

Yes we have some strong movies coming up, but it's not as if we didn't in previous years.

Until we see US doing c. $1bn per month, month after month then the business will highly likely be behind what it really needs

https://www.indiewire.com/2022/04/summer-2022-box-office-doctor-strange-1234714817/

The number of you tubers and amount of social media these days I would be surprised if there was something NOT being talked about.

Appreciate your efforts however Hussartbr.

Biscuits anyone? (that should wake a few up ;-)

One video from 2 months ago with 10 likes and a guy saying what we have discussed thousands of times. DEBT, COURT CASE, 2ND BIGGEST CHAIN, POSSIBLITY OF US LISTING.

Plenty downsides, still possibilities of upside.

Hussartbr I was rather hoping for something much better :-(

Never forgot black panther or a few other likely big movies. They are not I'm May or June which was my focus and this current quarter is absolutely crucial to us now as things have planned out so far.
Re-opened approaching a year now and only had one decent quarter. We need to start stringing them together.
Lowering cash burn is not enough we must start a serious return to generating substantial amounts of money being heavily cashflow positive.

That's just our reality of where we are.

Dr Strange let's see something out of this Multiverse ;-)

Cruis without doubt we want/need more releases, until then though we want/need movies like I noted to do numbers they would have expected to do pre COVID or more even better.

Regards Bullet Train all depends on what's considered "big" , I don't agine they are talking tier 1 movies BIG.

Yes I think following this new phase for Marvel really opening up with Spiderman on the Multiverse theme and talk of so much more developing out from Dr Strange it holds good chance of properly big numbers.
Let's hope it is another MASSIVE movie as that benefits in many ways.

We already discussed Morbius being possibly the weakest entry from that franchise so no great shocks in poor box office. It will still likely make profits for all though.
Fantastic Beasts again that franchise has lost some appeal as witnessed in drop movie 2 from movie 1 and the film enjoyable as it is just wasn't on par with movie 1.

I am more looking at May and June now and in particular JUNE.
If US domestic doesn't see c. $2bn plus over those two months then we really do have a long struggle on our hands .
Dr Strange start May then just as that is dipping and to carry strongly into June we have Top Gun 27/5 followed by Jurassic 10/6 and Lightyear 17/6 both of these are from past proven $1bn franchises.
Dr. strange should be good for $1bn easily also.
Then we carry into July and see Minions 1/7 and Thor 8/7.

May - July MUST be strong.
We then have (from what we currently know) a few relatively weak months as has historically often been case before we near Avatar and any other big Christmas/Winter releases

Good to see you happier than last week's disappointment with Morbius Cruis :-)

Not sure about a revolt of any significance. After all it is just a form of bidding for the company and with the make up of shareholdings us small individual holder have effectively no say as is the case with many companies when it really comes down to it.
We got a 10% dilution during COVID that went unnoticed to many. (Well we aren't yet diluted, but the deal to the lender happened and is in place).

Mountainous I can see both views.
I think Mooky is maybe more about leaving the legacy to family of being at the helm of the world's biggest cinema brand (hence his stance on wanting to go ahead with Cineplex deal even when it looked a very bad idea during COVID).
His brother "may" be more pure business/wealth minded and let's not be silly here there was potentially a very smart business opportunity there to buy back business at what in time would prove a good price.

We are all looking to make a few quid from our investments, so can't blame those with more money to look to do the same on a bigger scale.

As I say I can see both views and approaches.
Had there been a deal struck that saw ownership transfer from shareholders at a low price I would have been a little miffed, but I would have understood the pure business sense of it.

Heck as things are now we may look back and wish it had happened. Who knows!?

He/his family have plenty skin in the game. He also has a "free" sizeable chunk of shares available to him over next two years if he does his job very well.
ANY investor is advised not to have all their eggs in one basket. Mooky and family already have this basket overflowing with their eggs.

We did off course hear during the trial his brother at one point fancied the idea of looking to take the company back private (probably looking to prey on SP weakness in difficult time period) and Mooky wasn't for it.

LTHamigo, No it holds absolutely no interest to me.

For now I will (sort of) happily leave the appeal hanging over us at least until we negotiate one way or other next covenant test and get maybe a couple quarters or more of hopefully MUCH stronger trading than we have had (especially in USA).
However if there was some miracle way that outcome was a guaranteed known reversal of ruling or reduction of award down to double digit type millions then I may be accepting of that clearing sooner.

Mountainous the company has the money it has, we all have access to the accounts so there is no "playing" the situation by Mooky.
The company simply does not have money to pay the current award.
Whether it could raise the finance is probably fairly questionable, best case it would likely be very expensive money if it could.
We only need look at funds raised during this COVID period to guide us on that.

Dr Strange, Top Gun, Jurassic World, Lightyear come on show us LOADS OF LOLLY!!!

What exactly is your credentials to make you company law expert extrordinaire GIANTsquid?
OR is it another case of just spout something on no basis as fact regards likely outcome of appeal?