Member Info for FunInvestor

No matter how often it is said "we have 18 months or 2 years movies to show in 12 months" we are c. 6 months down the line from reopening and monthly we still see half of less releases than pre-pandemic.
Still hope come next year we will see more volume, but possibly still less than before but hopefully more weighted to bigger income generators.

October has jist been best month since pandemic times (not ever).
November I think will not do as well in terms of percentage to pre-pandemic for month.
Infact I think it will do pretty well to pass October $ value.

Why?
One less weekend (where vast majority of $ are made)
Product I think is lesser quality
October had: No Time To Die, Venom, Dune and Halloween Kills.
November: Eternals (whole new MCU line of unknown characters and it would be difficult to confidentially predict its success or otherwise I feel/mixed reviews so far),
Then it's few at a level below those from October I feel: Ghostbusters, Encanto, King Richard, Clifford big red dog, Resident Evil.

Not a full list of releases obviously for either month, but the bigger movies (or expected bigger movies) which take vast majority of months total box office.

Running at c. 73% through October I would be delighted if we got similar this month (will be pleasantly surprised if we do or even better).

Throughout the case I have seen much of what either side have said could be argued as reasonable and interpreted in their favour.
Obvious exception was/is claim for loss of synergies.
Not sure why some have found reference to previous case law as something unusual, it is exactly what you require to do as part of making case and in judge making their findings.
I feel Mr Steep has focused very well on the exact point that clarifies why Cineworld were/are correct to pull out of deal and that the "risk" of an event such as what we all experienced is with the seller during the interim period.
As he repeatedly said it is logical.

I had seen how Cineplex could argue ",ordinary course in the circumstances of the time"

However I believe Mr Steep and the particular clause in agreement absolutely shows this not to be the case.
An MAE is NOT an out for seller to behave in a different manner from past.

More confident now than I have been through parts of case, even if not getting "result" now then I think any result against Cineworld can/should/would be overturned by appeal.

*Disclaimer*
May change mind when something else to the contrary is reasonably argued ha ha.

These lawyers don't earn the big bucks by not being able to make their position seem reasonable and just.

Strange that eh: Those invested in team B believe they are winning. Those invested in team A believe they are winning.

Shocker!!! ;-)

For all the claimed victories in foreseeing the share price and by the minute updates on how it is GUARANTEED to FLY or SINK by end day, week, month.
Here we are start November after c. 4 months trading sideways at around half of one % above where we started the year!

Make of this what you will, but it IS where the share price currently (and has for last few months by and large) sit.

Mountainous, as Sammy said. Anyone in profit/making profits are smart investing.
I have no issue with people making profit by any legal method they choose.

Does that clarify this for you?

What some seem to misunderstand or not wish to see is I or anyone else does not have to like something to be able to then say it was a smart move.
I don't need to like the practice of shorting, but I do understand its place in the overall market and when a fund shorts high and sells low I can appreciate they made a good financial move.

As an analogy: I am a hetrosexaul male, yet I can see a good looking guy and note that fact (without getting a boner).
Whereas some here believe if they were the hetrosexaul guy then they could not admit to someone being a good looking man and they would instantly become gay themselves and have a stiffy.

Methods of investing are everyone's choice and if they profit great.
None of that changes the not so small detail BS2020MILLION is a LIAR!!!

Exactly that MoneyP1t.
Those that engage a few brain cells see this :-)

We are indeed very different people, one of is is a liar with a number of bad traits as a human..The other isn't, I am happy being me :-)

BS2020
I personally never "****ged" you off for your fantasy trading.
What I have done is repeat a known fact: You are a liar.

That's simple and undeniable :-)
Everyone else, have a good day :-)

Many things that the SP would go beyond £1:24 back in March including NoFear.
Yet NoFear took his profits, he was smart (in my book).
To get the absolute highs and lows is nigh on impossible.
Jangho have bought and sold along the way (smart also).
Try for a second to not be blinded by your investment.

It's called smart investing.
They have brought down their average nicely in effect.
We can't applaud longs for doing that and then view shorts doing same differently.

They are "in profit" with current share price, many here would love to be saying that.

Mountainous Polygon who this relates to are in a nice position. Started shorts in March added early last month at most recent peak.
So they (I imagine) will be sitting more relaxed than many long holders here.

https://shorttracker.co.uk/company/GB00B15FWH70/

We have seen lots of ups and downs in short positions, so I wouldn't personally be reading anything into this individual movement (yet).

Good work MoneyP1t

Happy for you thinking by talking absolute bull and creating stacks of echo chamber threads and getting some likes you have lots of friends :-)

Well done liar :-)

Bonkers it's just the usual Bulls... from our resident liar and fantasist.

Great start with big tentpole releases, second half comparatively weak due to much lesser quality film releases.
So very good progress, but think we can see there is still some fragility (it is still relatively early in a long-term recovery process).
Circa 73% attendance levels compared week for week during month of October to 2019.
Don't be mislead by month figure as it's not like for like (extra weekend).

https://www.forbes.com/sites/scottmendelson/2021/10/31/weekend-box-office-venom-halloween-my-hero-academia-last-night-in-soho-ghostbusters/?sh=678966e344ad

Bonkers, I think (not checked to be certain) AMC are reporting 3rd quarter to September end.
They "may' make further mention to how Q4 has started with that good month you mention.

Bonkers agree we want to see each set of financials that come out and industry trends to confirm and boost our own research.
Continued progress on box office is what we want.
We also at some point want to see further commitment from studios in numbers of releases.
They have/seem to have started giving further support in cinematic release and exclusivity (most had made clear their methods were a COVID period move anyway).
For Cineworld particularly (that's where we are invested) it will also be good to see the impact of cost savings exercise done during closures. How the debt servicing is being coped with, court case outcome.
Any further thoughts from board on methods of raising further liquidity (e.g. the US listing being one of a number of future possibilities).

Smalltrader you seem to mistake me not kidding myself on about where the company and industry is or that there have been and continue to be challenges as not believing in my investment.
I remain invested, I remain in the belief that in time I will see good return on my investment.

You don't need to ramp sh.1t out of your investments to be a genuine investor.

Has your method made the share price higher for you than it is for me?

Every day that you or others tell yourself the share price should be £2 right now and it's not you only serve to frustrate yourself further.
There are reasons for levels of shorts here, they don't do it to annoy a random poster on this BB called smalltrader for example.
There is no shortage of companies to invest long or short and everyone that has chosen Cineworld over all the others have done so for the reasons they see.

As I say I see a return on investment long-term here, but the share price is not low 60's because Cineworld is in a perfect position .

If you or others can give me a reason the share price has had the journey it has over last 18months that shows everything has been and is perfect then I will review my thinking.

Happy to be invested (even if I feel there is still risk of not getting very good returns)

Bonkers,
That is just the "style" of Adam Aron at AMC . He is always very bullish and vocal.
As you rightly say the numbers have been clear for all week on week and we can see October is biggest month to date.
It's not hugely bigger than July though, it also benefited from the 5 weekends (well Friday/Saturdays).
Still, be interesting to have some meat on the bone of what we already can see.

Up!!!!! ;-)