Member Info for FunInvestor

No biscuit with your tea then? ;-)

LPD ON THIS OCCASION I OFFER MY APOLOGIES AND STAND CORRECTED.

I stand corrected, as I said earlier no issues apologising when made error.
Looking back to threads on March 25 and noted my post on thread by bonkers and also earlier than myself Crumpets had also noted the 14m figure.
This was from a company investors update on that day.
Both Crumpets and myself undeniably posted these.
With hindsight now I would question myself before repeating what the company announced.
As I said it appears to make little sense of indeed the numbers are this high.
Was there confusion by both of us/was the message from company misleading and it was e.g.14m unlimited holder visits in the year!?
If indeed we have c. 14m card holders then the company should/will be in a much better position open now even with lower box office than I have recently imagined.

"CCrumpets
Posts: 715

25 Mar ¹21

Price: 93.62

Also 14 million Unlimited Card holders. 12 million in the U.S.

And that tap gets turned on in April.

Even at the most conservative rate of the cheapest card being charged at approx £16 per month, that's hundreds of millions per month coming in next month. And billions over a 12 month period. Just through loyalty cards alone.

Plex case getting settled out of court by June.

Masses of amazing films lined up. Just need to navigate the remaining Covid bumps and we're firing on all cylinders again by the end of the year."

It does surprise me, and not sure why I didn't question the s number back on March.
As that level and the company recorded revenues would then make out almost nobody other than loyalty card holders go to the cinema.

I am even calling myself out now for a March post and saying it's nonsense numbers.

Do not know the context of that post, however of I posted that based on figures provided by Mooky in an update at that time then I offer my apologies calling into question the numbers.
I am not in a position to argue with the company CEO.

Can admit if and when I am proven wrong.
Would now like to find the source that lead to that information. (Was it webinair update at that time!?)

If target was achieved that's $72m per year rather than the c. 200m per MONTH Latpulldown very badly attempted to grossly mislead this board with.

smalltrader
You seem to have glossed over LPD saying his research led him to 14 MILLION Unlimited memberships.
You do a bit research and find an actual link worthy of considering reliable.

Now rather than grow a spine and pull LPD up for flagrant ramping and misleading others you have a go at me for (RIGHTLY) questioning his highly questionable post.

Says it all, does it not!?
I didn't research as I hadn't provided initial post, I was sure it was nonsense and at back of my mind I had similar numbers to what you have confirmed.

Had he miraculously come up with something credible then I may well have done as you have and researched a little further to confirm my memory on the subject.
It was raised a good number of months ago also on these boards (another reason I had no need to research).

Everyone else here can make their own judgement where the issue lies on this board.
targeting 300,000 v 14MILLION!!!

Cineworld is not any of these other businesses and neither are they Cineworld.
A share price has many factors that lead to its pricing.
Please also stop trying to mislead others with partial and often inaccurate posting.
The other times it's trying to bully genuine posters from the board so you and your alter ego can have an echo chamber all to yourselves.
I shall now report whenever an abusive or misleading post is repetitive post is made by either.

Bonkers, I probably see it as slowing the increase in debt by end this month i.e. first half results you spoke off.
Then second half year not increasing debt any further and managing to cover interest payments will be relative success.
Next year cover interest payments and maybe have some left over cash to start eating into the considerable debt pie.
If/when we get to precovid box office levels and of cost savings elsewhere have been as significant as some of us hope (from Cineworld update) we rh no dividend payments then we can eat into that debt pie at a fair pace then.
Don't let el twat ruffle you.
It was more likely my posting than yours he was targeting.

Massive rise in share price today I see as the Roger Rampants tell us will happen every time a bag of popcorn is sold or one film comes out ;-)

No matter how often they post, not even they can change facts.
Always do your own research and keep open mind.
It's your money, don't let rampant ramping or devious deramping influence your investment decisions.

Numbers are there for all to see on site like Box Office Mojo.
Previous company results and info here and on Cineworld website.

Previous income dictates Cineworld wants to be taking c. $200 per month every month.
That's Cineworld and not the entire cinema industry.

Rampant gets more vocal each time they allegedly invest more in the business, especially when SP falls after their investment.

Longterm hold we are all good, forget short-term noise.

JG68 I expect movement upwards during this year and further business improvements as year progresses.
It AINT going to be couple movies, couple weeks or even couple months see us sorted though.

For company to be on a much better financial footing is going to take many many months (realistically couple years).
SP can (and I expect) it to be rather higher than now before that vastly improved financial position though.

Think it was c. 70% of its profits went just to paying interest on debt pre pandemic.
Since then we have more debts at higher rates, countered in part by reductions in other overheads and losing some poorly performing sites. Plus suspension of dividend payments for a time.

Once we start seeing box office numbers around 2018/2019 levels we can be far happier and know we are back well on way.

One FF9 movie and QP11 in month is still LONG way from having us hit required Box office.

We are back in the game though so can do something about this.

Another Round (Danish film)
French Exit
Voyagers

These 3 due for Friday 2nd

Cruis, although not available to book yet I think there are a couple/few smaller movies due for release Friday.
So I am hoping/expecting start week to see them added for available bookings.

JG68,
Wouldn't worry about board bully. He makes out everyone is untrustworthy, derampers, trading blah blah. Falsely accuses of stuff if that person does anything other than (like he does) ramp hell out of share rather than hold am honest balanced view on where company is at.

Bonkers, NO! It's that definitive and certain.
Next financials regardless of August or September release are to End June, business closed and losing c. $60m/month for first 4 of those 6 months (per Cineworld previous announcements).
May was when we really only started opening up, mostly closed until end month so again big loss (add in re-opening costs)
June fully open but in many areas for at least part of month under restrictions and only FF9 to bring in noteworthy Box office will also not be enough to reduce debt (likely not even enough to fully pay interest on debts).
Best we can hope for is the forward statement (which will have July and maybe August financials behind it to guide) to point towards company reaching breakeven/profitability again and signs of further future recovery.

Some of our ramping types may suggest otherwise, but remember what some of them were saying about June USA box office, takeovers etc.

We can reasonably assume similar (maybe a little more) percentage splits from a well recorded number of previous years.
So, as long as we have box office numbers we have a reasonable indicator.
It's increasing month on month (as we would expect).
Largely closed industry Jan - March/April opening in stages until near fully opened late May into June.
GREAT!
Now it's about closing gap from post pandemic SP far to pre pandemic.
Quicker the better for all concerned.

Yip, one or even five movies are not what will fully turn SP round.
Month after month of increasing box office until we are back in pre pandemic type levels and accounts that show a sustainable business again will.

If only it was that simplistic Pig.

Box office (as expected by most) is going to prove solid for FF9 and will near certainly prove to be the biggest post pandemic gross until two weeks time when Black Widow takes over.
This is good and puts us on the journey back.

For context though we are looking like 40% or less for June box office total to 2019/2018 type levels.
The big films look like they will do increasingly well (may take time to reach pre pandemic type numbers for them, but let's see after we have had a few).

What is of some concern at this early stage (so I do hope it will rapidly change) is the rest.
The number of movies that help support these really big movies, that go towards paying running costs, give people options, give opportunity to show trailers to audiences for these big movies etc.

4 years pre pandemic

May average 208 releases
June average 200 releases

So far this year:
May 82
June 71

I realise all of these don't filter through to "our local cinema", but in this first month/6 weeks it has been apparent the depth I would normally witness is so far not there.
If anything we will as an industry likely want more than before (shorter theatrical window, higher churn rate).

Early days, no panic but something I will be monitoring.

I have little or nothing available to see now for next week at cinema (that I haven't already seen).
There's a couple, but low on my to view list and been out for a time now. (Previously that would have been very unusual position to be in).
As restrictions further ease and word of mouth and appetite for nights at cinema grow back more and more they may well have the "filler films" to slot in.

itradepanninistickers

Have you flip flopped AGAIN!?
Couple days ago you had reliably informed us all this was to be an absolute FLOP!?

Blue, how many of the other Fast franchise movies have you watched and enjoyed?

Movie does what would be expected I thought.

Keep in mind award winners such as: Nomadland, The Father have one or two screenings a day type releases and can't fill these.
FF9, Black Widow, Bond, Suicide Squad, Top Gun etc all very formulaic stuff and not the cup of tea of many get dozen - 20 screens per day and fill theatres.
They have a following and that following is very loyal and they go in their numbers time after time.
May win ZERO awards, doesn't matter.