Member Info for FunInvestor

Still a child with your "forky" LPD, yet absolute radio silence from you as one of the most vocal that made out it was a guaranteed win in court case and pretty much ridiculed anyone that was open to any other outcome.
Maybe Santa can bring you some decency for Christmas.
No desire to spend the time you do on others ripping some of your stuff apart.
Have a good one.

Have a great time family Bonks.

Linkop,
Uncertainties added to a high level of debt for tie company specifically.
We don't KNOW how long appeal will take, we don't know if it will be partly of fully successful or not.
The company has told us of ONE cashflow positive month (October which had Bond and other strong performers and benefit of 5 weekends).
Spiderman is without question a huge success .
How much bottom line PROFIT it generates for Cineworld none of us know, we do know it is significantly less than top line REVENUES.
Spiderman or latest UK government £6k goes nowhere near covering (as we currently stand) a c. $1bn court case loss added to previous debts and court loss from Regal purchase.
As longterm holders we won't like current share price, but it's not completely here without justification.
That's different from saying it won't/can't recover given time and hopefully a few key pieces of news e.g. A very successful appeal to Cineplex case, continued box office recovery with more smash blockbusters interspersed with higher volumes of releases. Some solid updates on future within company's March report for FY results, possibly some good finance raising option(s) that don't add to debt pile/significantly reduce shareholders equity. Bid approach!?
These are possible, but currently unknown
The debt, covid fear, CP loss are currently negative "KNOWNS"

Total revenue figures misses studio share and all other running costs.
It may also have been more accurate to look at where the box office totals for Spiderman come from and what of any share Cineworld group had in these territories.
Don't belive we have a presence in Mexico for example.
We have the commitment of repaying remainder of the regal dissenting shareholders sum by next March, We have lenders to be repaid or refinance within next 3 and 4 years significant sums.

Spiderman is great, as was Bond as will other Marvel etc movies be, but Spidey's net is far from covering c. $1bn current cost.

Delayed a year as there is a year full of too much strong competition for box office $$$.

While I was/am looking forward to another John Wick installment I can live with delays for those reasons :-)

More importantly Merry Christmas one and all, whether you are a tamper, deramper, LTH, shorter, just a mischief maker or anything else.
I wish you your family and friends well and hope 2022 and beyond brings you many happy times.

We can all disagree/dislike what others say, but no need to wish ill of anyone. :-)

Our board contract law experts back to being epidemiologists ;-)

Said in a light-hearted way before anyone gets all angry birds on us.

I understand the desire to find positives for the decisions we make and to self justify our positions.

Spiderman is without doubt great news.
Cinema is here to stay and not being replaced by streaming or anything else .
The pandemic will wain and life to more normal will come along .

The level of debt and the current judgement on court case however are good reason for our suppressed share price. Denying it to ourselves is IMHO silly and opens door for shorters and trolls.

Can/will Cineworld overcome its debt/court ruling?
We don't know for CERTAIN, but it's not completely without reason to think they still have some options available to do so.
Some of these may result in our holdings being diluted, even heavily so.
Time answers all.

https://deadline.com/2021/12/christmas-box-office-spider-man-matrix-resurrections-sing-2-1234900168/

https://www.boxofficemojo.com/article/ed3329295364/?ref_=bo_ne_nl

Another tastey $37m for Spidey in US on Monday, that's about 10x total box office for area the proceeding couple Mondays ;-)

Quick flip essentially on the small increase they made day before judgement. Now got their remaining larger holding with even more price scope.

If anything its staff absence (self isolating) than actual over running the number of beds they seem to be making a case for as I understand.

You too mountainous, and to yourself and all others a very Merry Christmas when it comes.

The over 55's are also getting less apprehensive about going out. Have witnessed it from regular cinema visits.

It's a wonderful life screening last night had high proportion of a very busy audience in that age bracket.
Another old movie screening that done very well I must say. Definitely a place for say one or two screenings a few times per week of various classics.
Not yet been to one that hasn't been busy

Hussarrt that box office is far from all Cineworlds and it's not exactly every movie every month opens to that.
We near certainly do not currently have the sums required to "just pay and move on"
Per company interim results held c$450m cash including restricted cash at end June got another c. $200 finance in July. However had payment to make to Regal dissenting shareholders (forget number, c. $200 odd m with part still to be paid before March 2022).
Five months to end November have had ONE positive cashflow month.

The sums don't lead to company being able to jist pay c.$1bn US now.

Dream have you observed ANY of how much of IS population has behaved during last two years of pandemic.
They have been going out, having mass gatherings FAR FAR more than UK at any point.
This is nowhere near the peak scare point of last two years so don't be silly.

Mountainous the LTIP has been mention med many many times and it does NOT kick in at £1:90.
This has been covered countless times.
That is the "100% award level, it is stepped from below that".

These schemes are not always achieved and as such are far from a guarantee of future.
Obviously it was set at a level that was seen as stretching, but achievable.

Let's hope we see SP higher, much higher than currently in the future but we have a fair battle yet before being too ****y about it I feel.

Company produces financial results twice a year, you know where to head :-)

The US have sing 2 release with Matrix and Kingsmen tomorrow that will also help our biggest box office area .
In our position though these were/are all very much needed.

Yes, just spotted this also. This also moves it from 3rd best ever to second best opening ever.
Think it will have fairly strong legs also to accumulate strongly next few weeks.