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Until tomorrow when they release an article "5 reasons cineworld is a buy"

Best thing about cine compared to other covid affected stocks is cine can recover a lot of it's 2020 business, with the bulk of the films still to be shown. Meaning potentially potentially up to 50 % higher revenues in 2021 (due to blockbuster every 2 weeks or so) and then 30% higher in 2022 etc. You don't have this with other recovery stocks in transport, travel and hospitality as ultiamtely these will only see minor picks ups from before the 2020 lost revenue cannot be recovered.

"death rate is increasing" - 76 deaths today compared to 71 last week. 1,600 die every day in the UK, we need to have a lot more perspsective, I imagine flu deaths are currently increasing exponentially too. Spains cases now starting to fall and their average deaths didn't get much above 100 a day compared to 860 a day average at the peak last time, this is despite them being far more open than the last time with only a few local restrictions which still have business open.

Having just watched it it was acutally quite short but he emphasized films like Bond and his film were made for cinema, but did say we can only know if people won't grow attached to streaming in this period once covid is past.

Director of kingsman was on newsnight just now talking about cinemas and covid

If Boris really wants to help cinemas he should arrange for his scientists to ring Cuomo explaining why they deemed them safe enough to open 3 months ago.

The one small positive from the Cuomo briefing was he seemed to be saying that business' were lower down in term of the issues of spread. The second being the journalists all sounded more exasperated and angry in their questions than I have seen before.

Moving any aspects online would be a complete waste for them...AMC has a small online streaming service but it is barely used by the public.

When I said Mooky I meant Cuomo

Btw was Moola whilst I would want to be encouraged by Mooky unforuantely he often says on "twitter" I will be making an annoucement and then it's not something that big, having said, you never know it could be any day.

What a day...added some more in the 20s, Mooky looks confident and composed to me. The decision to close short term looks to be a practical one. He said in the sky news interview "our lenders are backing us", lets hope they can reopen for December, so many blockbusters in the pipeline. All depends on covid and/or our perception of it ultimately.

She summarizes the industry quite well each week - https://www.youtube.com/watch?v=Muco0Oly5k4

Actually I got those figures the wrrong way round 65 to close tomorrow, 50 to open be open on weekends, the rest perhaps staying open for now? https://deadline.com/2020/10/cineworld-regal-closing-cinemas-no-time-to-die-delay-1234590897/

Sounds like the rumour is out of 340 locations currently open in the US 50 locations will close tomorrow whereas 65 will move to being open on the weekend only.

Pfitzer will release results showing whether their vaccine works in just under 4 weeks...this will be big for sentiment around travel and hospitality stocks, even if it ony partially works (which is most likely), the ceo seemed fairly bullish. Then 2 more vaccine results to follow. (I don't believe we should be depending on a vaccine but it might be necassary for public sentiment as the public seem to be terrified of covid).

I can understand how you would have bad feelings towards cinemas if you believed that buying popcorn and a drink was mandatory to watch a film..

I doubt it would will go below 30p as that would be a 25% dip, even Easyjet only fell 10% on the monday after the adminisration weekend rumours, and lets face it part of cines slide so far is from the worry that bond would be delayed like the other movies have been, in the unlikely event it went below 30p there would be a lot of buyers, including Jangho. San Franciso opening on Tuesday will apply upward pressure as will LA the Tues after. 2021 will have blockbuster after blockbuster will be able to pay off a lot of debt with that many billion dollar movies and I'm sure lenders can see this.

Easyjet fell 10% on administration rumours, you think cineworld is going to fall 75% on understandable voluntary temporaray closure rumours? AMC and cinemark fell just 0.5% after bond delay announced.

If the inital batch of vaccines even if partially effective are used on most people over 80 then in the immediate sense you get rid of the bulk of the problem that is covid. As the worry about overloaded hospitals, (which seems to be the governments main worry) is no longer in play.

Under 4 months ago all cinemas were closed and the sp was £1...yeah it's true we had Mulan and Tenet ahead of us (with big expectations and less cash burn then we've had now), but we didn't have the paramount degree nor the arguable evidence of poor returns from PVOD.