Member Info for FunInvestor

usually right do you have a link to full interview please?
Only been able to find section of it so far.

Rick,
Ultimately the person was rightly doing their job.
The responsibility is either on the individuals going or as in this case as you don't trust your children their parents.

Would you have same view if they were underage buying alcohol for example?

Frustrating I understand, but we all need to own our responsibilities and not pass to others blame.

To quote " to quote "our" sammy.
Not always easy, but the right way to be, be kind (if we can't then we probably just should not reply)
Yes, been guilty of it myself as we all can be drawn in at times.
We won't agree with everyone in life, we don't know their "story" so we shouldn't judge really.

On reading potential listing in yesterday's report I had my interest peaked briefly.
However then having listened to the webinar it seemed fairly clear to me it's something and nothing for the time being at very least. Mooky made it pretty clear it was as has likely for some time "just" been one of many avenues the business rightly has to keep an open mind to.
Nothing more, nothing less for now.

"Silence is golden!

Be kind !"

Didn't quite end the way I hoped Crumpets, but agree re: Stillwater.
Hope your diet is an abject failure ;-)

Bonkers he hasn't a basic grasp of averages or percentages I won't be losing sleep over his nonsense. Sure you won't either.
Happy holidays to you and family. :-)

smallT, you or anyone else of wish can look back on what was and wasn't said.
Some of what you have said in this most recent post only serves to reaffirm you do not have the best grasp of financials and numeracy.
Like I earlier said to your friend I won't waste any more oxygen on you.

Steve, Bonkers and anyone else that's commented or interested regards the 40% tickets rise in UK.
It is my understanding this is party down to poorly worded release on that point from Cineworld.

USA saw 16% increase average (this is not an actual ticket price rise) In the US it is due to the mix in attendance being more weighted to the premium experiences 4DX etc and higher ticket price areas opening and taking bigger share of revenues.
Regards UK it does note 40.6%!? as increase "ticket" from what it goes on to say my assertion is that's actually spend per customer rather than purely cost of admission i.e. bigger share of customers buying concessions/more concessions (similar to what was noted by AMC) as part of a smaller pool of people attending then that quickly has dramatic effect on the percentages.

Hope that is helpful and I have understood report correctly.

It's poor quality comedy.
No desire to waste oxygen on you or trawl thousands of posts.
Everyone here can form their own views.
75 - 80% attendance levels NOT a tick
Theatrical windows increasing and going back to pre covid lengths a big NOT a tick.
Profitable since FF9 NOT a tick.

You are an irrelevance no matter how many times you open your mouth and spill bile towards Bonkers, myself and anyone else that doesn't agree 100% with you and your at times exaggerated claims or irrelevant links.

It seems ever clearer that some are using their media powers to beat down Cineworld as we have witnessed a number of times previously with either misleading (at best) or just downright made up nonsense reporting.
There seems to me no consequences to these falsely reporting which must surely need stronger regulation.

See one from today stating Cineworld have increased ticket prices 40%!!

https://www.aol.co.uk/cineworld-hikes-ticket-prices-40-102402679.html

Some STILL going on about the fantasy outrage from shareholders towards LTIP also.

Thankfully business is in good hands steering us past covid troubles and not being beat by a media dirty tricks campaign.

Was question raised by MS (assume from that it had been noted somewhere in this morning's release).
Reasons - number of poorly performing cinemas closed, so this improves bottom line but does reduce market share.
Cineworld approach to pandemic different: closed when some remained open or partly open and then our phased reopening.
Some customers in that period will have moved to other operators.
Hope/expect in time to gain them back and with new and improved sites also gain further share.

Insider,
Thank you, yes I had read it this morning prior to webcast where I hoped we may hear more on ott but we didn't.
As I say by no further comment and none of the brokers even mentioning it I can only assume it is now viewed as little or no concern.

Which, if this is the case is great.
:-)

Ade, home systems are indeed getting bigger and better.
Once you can tell me of readily available 45foot plus home systems we can then go onto all the other reasons home is not a replacement for cinema, nor is it a competitor.

45 Foot plus screen at home and then we will further conversation. Thanks.

As ant says: time/patience.
There wasn't an awful lot of "new" information.
Financials were confirmed, on/slightly better than expected by most.
Debt - no major change (this works for both those seeing it long and for those seeing it as a short as both sides have their view on the debt).
Studios and Theatrical window - we got this back in March and all we got today was further confirmation/slight firming up that we will be reverting to a theatrical window with all studios. A shorter window than pre-pandemic, but one that works for all parties. (No further deals actually signed and confirmed so as we were March).
Attendances as per Box Office Mojo and AMC indicators pretty much. Improving (longs happy), not yet enough to profit or even breakeven (shorts happy).
Liquidity no major change from start year, with assistance of Cares payment and small increase in debt. (Longs and shorts can see something in this to make happy).
Consessions up as seen through market (too early to say if this is a lasting new trend, but hopefully something even if less than initially for longs).
Landlord defferals/renegotiated rates etc - short/medium term helps cashflow, still backdated payments to eventually be paid (again something for longs and shorts)
Covid looking like it's moving into background, but just a little early yet to say with 100% certainty (hope for both sides still, though on balance probably moving towards longs)
Ongoing cost savings by doing job in last 18 months business should have always been doing i.e. line by line maximise value in the p&l. (Good for longs, shorts may still hope it's not enough. Still unknown as per CFO. Wide range $10 - $200 stating it will be more than 10, but less than 200/annum).
Hope to be cashflow positive end September (good for longs, currently not yet so shorts still happy also)
All options being looked at for improving liquidity and shareholder value - again we had this in March, just happened to mention one possibility i.e. US listing.
Still looking at 2022/2023 to get to being the business we longs want, Q4 this year, or last 4 months should see the next step towards it but it's still to happen. Theory v actual (still hope for both longs and shorts). As per March again really.
Loss of some market share is a little disappointing, but with our different closing and re opening strategy to be expected. Mooky seems confident of not only regaining these 'lost' customers, but going on to take more in time.
New York (Manhattan) is currently disappointing, but again given time expects to come good.

Sure you get the general idea, interpretation by either side still there. Some things getting closer.

* One thing we have previously discussed as has Mooky at March update was (I think not mentioned at all, or very little and wasn't asked by any of those that called in)
That is the Cineplex case, so I am hoping that all are now reasonably confident no matter the outcome it will be of little impact!?

Welcome back anewman, happy Thursday to you too. Hope studies going well.

Lsesb, good work on the coverage. Took notes myself and few pics of slides. Seems you got it covered.

Hope covid testing with son all goes well Bonks.

Agree potential US listing is encouraging point.
Overall first impressions happy with report regardless of how market reacts.
Good luck all long term holders.

Think already shared, but worth repost I think as guide to expectations from one broker for tomorrow results.

Please also note there is 9:30am webcast, so I am sure few of us will look to log into that.
Seems Peel Hunt are looking at cash outflows similar to what some ridiculed me for suggesting ;-)

https://www.proactiveinvestors.co.uk/companies/news/956723/cineworld-results-should-show-early-signs-of-post-covid-demand-reckons-broker-956723.html

TS,
I shall let you decide for yourself, to was something different. Had plenty laughs from audience.

Just been to one of Cineworld's periodic 'secret screenings"
These have historically always been Unlimited cardholder events only (in the time I have been member).
Tonight's was open to all.
If I had to pay for ticket, would I risk an unknown film!? Not sure .
However it seems to have been a "success" tonight.
Biggest audience I have experienced since re-opening, over 100 people for sure.

Film was Free Guy, so a reasonably well known and we'll anticipated film (good shout for this first time of looking to do .pre of these as a business).
Seemed to go down well with audience in general.
It did appear less wearing masks now, even though I am pretty sure we are supposed to still be doing so.(people more relaxed than a month or so ago and grabbing life back!?)
Bond was again one of the trailers, not sure if it has done so when I seen it previously but this time it clearly flashed up the 30 September release date. Leads me to believe the mildly muted talks of further delays in some circles are very unlikely at this stage.
Shang Chi I think first time I have seen that trailer and just seemed to be more movies hadn't previously seen trailers for and more of a selection.
Experience I guess goes with what we have had from company reports and box office info.
Things picking up with slowly more movies and more customers.
Hopefully this will gather more pace in next few weeks/months.