Member Info for FunInvestor

Beta, initial weekend figures are out giving us c. $965m (often a few million adjustment as figures finalise).
So we will be same as last month with a full week to go.
Would fully expect $100m+ for next weekend, add in Monday - Thursday.
So, yes I fully expect we can reasonably now expect a $1.1bn+ July (which is a low July, but by some way our biggest recovery month total and significantly getting closer to what company and industry are after).

The cinematic gift that just keeps giving :-)

https://deadline.com/2022/07/fantastic-four-comic-con-marvel-phase-6-1235076218/

"23 November 2020

Cineworld Group plc ("Cineworld" or the "Group")

Further Information on Equity Warrants

Further to its earlier announcement regarding additional liquidity, the Company confirms that each of the equity warrants that will be issued alongside the new debt facility will be exercisable into one ordinary share of the Company at an exercise price of 41.49 pence with the proceeds of such exercise being retained by the Company. The warrants are exercisable at any time over the next five years. The exercise price represents a 10% discount to the closing share price on 20 November 2020. "

"Further details of the Equity Warrants

The warrants will not be listed but will be tradeable. For a period of two years, if the Company issues equity securities at below 80.65 pence per security and that issue is at a discount to the then market price (or 46.09 pence per security if lower), the terms of each warrant will be adjusted so that each warrant holder would maintain the same pro rata equity interest in the Company as immediately prior to the relevant issue of securities. The warrants also benefit from customary anti-dilution protections in the case of other corporate actions. The warrants represent 11.18% of the Company's current issued share capital."

Mountainous,
I know they actual dilution has not taken place yet as such.
There were two rounds of financing I recall and possibly both offered a percentage of shares as an option in those deals, sure one was far lower price point than you quote.
However my memory may be failing me.
Not looked at it for a while and it never troubled me then nor now.

My point was more that (although very small) there were actions that diluted holdings (potentially) and that a number of Hussartbr points were just not so.
There is often enough for the few we don't like on these boards to go on without feeding them easy ammo.

Hussart, While I am also a holder I don't know where you are getting much of what you say?

By "making 2 - 3bn" I assume you are talking revenue and not actually profits!?
Short term cash being double short term debts I can't figure that either. Let's not forget: regal dissenting shareholders payment has been delayed twice and as of last communication not yet paid.
RCF was also not sufficiently covered end last month.
The company does NOT practically or otherwise own the land/sites.
They sold what they owned and used some of that cash to give holders a special dividend in 2019.
We LEASE all (or almost all) our sites from what I understand.
The company took on an additional c. $1bn of debt AND potentially diluted shareholders by c. 10% during COVID times so they did/do need outside cash.

We only feed the shorters and trolls by ramping inaccurate info.

https://variety.com/2022/film/news/box-office-jordan-peele-nope-previews-1235322897/

Ah yes also went to Godfather bullsbears correct in saying that too was very busy indeed .
Christmas classics like Home Alone and Die Hard I believe also have done very well in the past.
For me they should look to have weekly (or more) something of a classic showing on one of the screens.

Today's close; over or under 22p!?

Knocked on door 4 times today I believe.

Forecaster, your analysis of cinemas showing older movies as not being profitable is completely wrong.
They are mostly one screen, one night and most times I have gone to such they are some of the busier screenings I have been at (possibly excluding the opening night of some of the absolutely massive films).

Each screen that has people in it contributes to paying costs (some more than others).
However believe me (or not) when cinema does these older movies they invariably get a good audience.

Some I can recall: The Shining - packed
It's a wonderful life - packed
The original Scream - packed

Congratulations anewman, now we can have a joint celebration for you and the £3 share price in 2078 ;-)

Here is hoping Anty, a "win" with Plex appeal and the sigh of relief will be heard around the world I think from some of us LTH at least.

Then I will likely remove my IF , as you say we now have trading showing some proper recovery and rest can/will (I believe) be negotiated .

Don't get me wrong, I am still invested and by that feel potential rewards outweigh what I still see as very real risk.
Otherwise even at all the prices we have sat and watched from £1:24 down to 16p I would have been better to cash out at even those 16p lows.

Currently we can get 20.xxp for each share we hold that's all I am taking for granted Anty.

Suppose board are now half way through their qualifying period for LTIP so if they want to get a nice touch they better get things rocking and rolling soon. C. 18months left tick tock ;-)

R..S. edit to your earlier post today and something many wrongly have noted for a year and half.

Awards are available from £1:30 (£1:90 is not the only or needed SP).
Frankly that's all pie in sky for us just now.
Won't say no if/when it appears.
For now staying above 20p will be a start :-)

Bonks you know I don't have any ;-)

Though I might have some if sp does get to £ and above again anytime before I am dead ha ha

Anty, Think IF we are honest with ourselves there is without doubt an IF. The scale of that IF...if we can debate, but it is there.

Otherwise, while outside factors would have us below pre pandemic prices we would be looking at a share price of more than the mere 10% we are at.

IF we survive relatively unscathed as holders I will be delighted to meet the biscuit crew wherever :-)

I would/will be absolutely gutted if a favourable deal with Cineplex only caused a 12% rise from current share price levels.

AMC are only in a better financial position due to meme stock craze. It allowed then most of their improvement in financial position.
It was well covered and indeed it's easy to argue they were/are worse run than Cineworld (e.g. stayed open and incurred higher losses through large parts of pandemic, while Mooky I would say rightly closed and reduced cash burn substantially).

£1 and the biscuit club can reform and have its first in person meeting.

Tbh on no news at this time I will hold any excitement at reaching 10% of pre pandemic price or c.1/6th of early last year's price.

For once we agree 777, so long as we have not completely fallen off the launch pad come end of this year then all LTH can most likely be pretty comfortable on the future.
I fully realise this IS still a case of IF regards that, but here is hoping regards short/medium term hurdles i.e. Cineplex Appeal, Regal dissenting holders, RCF.

Company website or the RNS section here would be a good start point for you :-)