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Mooky doesn't care what the sp is in the short term (unless he's planning an imminent rights issue but seems unlikely), they're not gonna release an RNS everytime someone writes news articles about cineworld. He only cares about the long term share price.

I dont think it's obviously good or bad news but on a practical level Mooky made it clear he didn't want to open just for one movie but wanted a line up to avoid the situation of September again. Even more an issue if this one movie is also going to quickly be availble to be streamed.
Also many of the areas where cineworld is located in UK and Regal in USA will likely not be in open in Dec therefore inevitably more people will see WW online than at the cinemas, whereas if they'd waited till valentines day for example which was the rumour I'd previously heard I belive they'd have made more money.
It's just one movie ultimately though so isn't the end of the world just a minor shame, I can't see how exactly it changes things with the lenders as much as I'd like to but I believe either way these dicussions will come out good.

This doesn't really make sense, a lot of places are closed down. Not sure Mooky will open up for this, might have to play hardball, it's just one movie and if it's going to be on HBO at the same time I'm not sure he would see it as worth it. Wrong decision from Warner Bros imo they're gonna lose money should have waited till Feb.

Indepth the lenders could have taken over cine and got "the rewards of the new improved cine mark 2" in June by not choosing to waive the June covenant so why didn't they before?

Why didnt the lenders do that in late May? They didn't have to waive the June covenant but they did.

Interesting, I believe I read somewhere they will release the efficacy data at the same time as the safety data. Meaning next week for example could be pfizer safety data plus astra efficacy/safety data. Then potentially first vaccinations from both the week after that (assuming it is approved quickly once safety data is submitted).

Wonder if there could be something to what M00la said about the potential for Mooky to hold back potential waiver news due to stimulus discussions.
"But movie theaters aren’t solely relying on the superhero’s golden lasso to provide a lifeline. They’re joining with concert venues and Broadway theaters in lobbying Congress to enact Save Our Stages, a $15 billion federal grant program that backers say could prevent as many as 70% of cinemas in smaller markets from going bankrupt. NATO has enlisted filmmakers such as Steven Spielberg and James Cameron to pen an op-ed pushing for federal relief, and the group has also successfully solicited half a million letters of support from average citizens.
The problem, though, is that any kind of legislation must pass as part of a larger stimulus package, and that relief will need to be approved during the lame duck session of Congress, when Donald Trump is still in the Oval Office. Given Trump’s refusal to concede the presidential election, a bipartisan bailout seems unlikely."
https://tribunecontentagency.com/article/survival-mode-movie-theaters-brace-for-desolate-winter/

Strange that Astra was touted as likely to be the first out. Am still reading different things as to when we might get these results. This article says "weeks" but also says this - "A source at the Department of Health and Social Care said the results from the Oxford vaccine trials were “imminent” and that it could be one of the first to be rolled out."

https://www.theguardian.com/society/2020/nov/16/moderna-vaccines-effectiveness-bodes-well-for-oxfordastrazeneca-jab

Yeah but these lease liabilities were previously an "expense". Therefore with the new lease accounting if you are going to view it as cineworld have 8 billion debt you have to also say they have 4 billion less in lease expenses.

Cines debt is around 4 billion dollars, your're including future lease payments. I hope you didn't short based on an understanding of 6.5 billion pounds debt.

Maybe I spoke too soon on the priced in...the 94.5% effective prob wasn't priced in.

Moderna is more partially priced in than pfizers was but great news all the same means things can get back to normal quicker as more people can get vaccines in December.

Isn't it a moot point as whoever owned Regal obviously wouldn't sell at this time.

No-one is bullying you Boix but investors are obviously not going to agree with your inexplicable certainty that cineworld is doomed.

You said to "watch" before, since then it's doubled in price. I still don't understand why you seem to have an almost religious certainty that cineworld cannot get a briding loan or RCF extension if needed. Cine are "highly likely" to receive $200 million in quarter 2 and the vaccine now provides more certainty for lenders.

Boix his sky news interview was on the 5th October just after he closed the cinemas, the news articles you posted were on the 13th and 14th Oct. I doubt something changed in that week to make cineworld suddenly "about to run out of cash" that makes the sky news interview invalid.
The BBC radio interview where he dismisses these reports and says "do you believe everyhting you read in the media" was on 27th Oct.

Mooky said denied these reports and said "do you believe everything you read in the media" when asked about this. No-one knows how much cash they actually use up per month when closed. He also said "we have the full support of the banks" in the sky news interview a month back and that's obviously before we even knew there was a working vaccine.
And if we are going with the media Fitch said they were highly likely to receive $200 million in quarter 2 from the cares act.

"They would need 500 million just to open up" Errr what?
I'm not sure what happened to Boix he used to be a fairly positive long term investor then suddently switched to complete certainty that cineworld was doomed and had no hope. It's like a Dementor has moved into his house and now he sees no light.

Podcast good summary though for no.3 I believe it was for Moderna vaccine results in days/next week. I believe Oxford vaccine results is still "in weeks" but I keep reading different things on this timeline.

Would have thought that Moderna would announce it themselves...think it's more likely about logistics around pfizers vaccine?