Member Info for Hosai

There has been some press such as the article in the times a couple of days back...which almost read as promo as much as an article about cineworld.

Interesting, I'd been wondering what caused the spike.

Reads more like a hit piece than anything...These scientists are saying people should be avoiding anything indoors. They are thinking of covid only, obviously in terms of stopping covid the best thing is no-one leaves their houses anymore, but is that the best thing overall? For a virus that kills at the average age of life expectancy itself?

We may have to be patient, it's not a normal release. I would hope that even if it wasn't a huge opening it might still see sustained numbers as weeks go by and more people start to see leisure and cinema as something to go out and do again.

https://www.aa.com.tr/en/europe/belgium-confirms-15-drop-in-coronavirus-cases-/1946924

Perhaps the renewed increase in Europe will turn out to be a dead-cat bounce as it were..

Cinemark spiked a bit too, but the ratio not quite so exciting but still better than cineworld equivalent price = 65.2p

For some reason AMC futures spiked just after closing, fell back a bit now but currently at 74.1% of pre-covid - equivalent price for cineworld = 140.42p

Imagine wearing a mask when your shorts are burning too?

Might sound like an absurd attempt to be optimistic but one minor silver lining in the short term is that from an article I read there has been somewhat of an exodus from New York and California during covid. Mobile New Yorkers have gone to Florida and Californians have gone to Arizona, Texas and Colorado. Places like Times Square are deserted. Therefore there could perhaps an uptick in cinema attendance in other states? Probably not a meaningful enough change though so ultimately need New York and Cali to open.

Do people have to use the same ball each time? You also have the fact that everyone is sat chatting and looking at each other, often laughing and shouting etc, does seem less covid friendly to me.

Cuomo seems to have a problem with cinemas...he said a week or so back that opening them wasn't a priority. This is true I suppose however it doesn't make sense if you are then opening gyms and bowling alleys, something the UK gov didn't deem safe to open till a month after cinemas. Hopefully once most of the US opens theirs and eventually California then he will also follow suit.

BBC just reported that Spains cases went up by 3,755 and called it a new daily record, this doesn't appear correct as can be seen from worldometer this is not a record and is infact down on the figure from last week. https://www.worldometers.info/coronavirus/country/spain/
One should also note the deaths, even with the lag deaths are not correlating with cases anywhere near as much as they used to. In France whilst cases rise hospitalisations are still in decline, this might change but it's clear either due to more testing or better treatments there are much less people dying from covid now.

I also checked Dublin for the tenet opening which I think is when Ireland is re-opening and some of the bookings on the day were looking high, perhaps sold out in covid terms. The other good thing to remember is for every ticket sold up until 12th Jan cineworld can keep 15% more of the revenue than normal due to the vat cut.

Jai is going to be proud of how well we looked after the sp while he was gone.

Sounds very promising!

Continued:

“Somebody once described the release in the cinemas as the locomotive which is taking the whole train behind it,” he said. And with 4DX, you may actually feel the juddering of that locomotive.
Comment: A gust of wind brings film to life
Thank goodness the film started at the seaside (David Sanderson writes). The walk through a steamy August London, coupled with a heat-retaining face covering, had already left me fretting about the cinema’s temperature checks.
Sitting down with sticky shirt, I took a slurp of water as Inception, Christopher Nolan’s mind-bending 2010 film, began.
Then 4DX kicked in; a spray of water came from somewhere to cool my face as a brief gust of seaside wind wafted over my grateful sweaty skin. Was there a salty tang in the air? I was chilled and (slightly) thrilled.
Then, as Leonardo DiCaprio began a fight with his adversaries, I became annoyed. Who was that kid swinging their legs into my cinema seat?
Woah! That tilting seat made me spill my water! Well, at least the tilt and kick were synchronised with the action. And it is worth the wait for Inception’s snowy mountain scene when, yup, snow floats down from the auditorium roof.
4DX, described as a “motion, air, water, bubble, fog and scent-generating system built into special seats”, has emerged from South Korea, with cinema operators hopeful that it will lure people back to the big screen.
Cineworld also plans to equip 30 per cent of its cinemas with Screen X, a 270-degree cinema with the action also cast on the side walls.
So, is it worth it? Or is it just annoying? Well, for an added visceral thrill with a James Bond or Marvel film, why not? Especially for that spritz of water on a hot day.

Cinema chains are taking the fight to the streaming giants of the small screen with a spritz of water and a whoosh of seaside wind.
Britain’s biggest cinema operator is to unleash its 4D and wraparound screen technologies in its auditoriums as it prepares to host new blockbuster films for the first time in months and lure people back to the big screen.
Mooky Greidinger, the chief executive of Cineworld, said that 30 per cent of its cinemas would soon be equipped with its Screen X technology, which gives a 270-degree viewing experience, and it was introducing 4DX for the release of much-delayed new films.
The 4DX technology allows audience members — at the appropriate moment in a scene — to be wafted with wind, gently sprayed with water or sprinkled with snow, immersed in scent, and have their seat shaken backwards and forwards.
Mr Greidinger said the technology had moved on leaps and bounds from the “old system 20 to 30 years ago when you were just thrown back on the seat” adding that cinemas now “give added value, additional excitement” which could not be replicated on the small screen.
“I think there are many items that are going to bring people back to the big screen from the small screen but one of them for sure is 4DX,” he said. “It is part of our special offer to customers.”
Cinema chains have been paralysed during the pandemic with giant streaming companies such as Netflix capitalising. Since they reopened, the chains, including Vue and Odeon, have largely shown older films.
Hollywood studios have delayed the release of their big-budget films, such as the new James Bond adventure and Marvel’s Black Widow, while a handful of productions have been released straight to the small screen.
Mr Greidinger said he was confident, however, that this month’s release of Tenet by the British director Christopher Nolan would be a “turning point”.
“Once the results of Tenet start coming out it will be an added incentive to others to release their movies,” he said. “It is a little like the chicken and egg. Every big movie now costs anywhere between $150 million and $200 million. It is a very big risk for the studios.”
Mr Greidinger also vowed to protect the big screen “theatrical window” — the time separating a film’s cinema release from when it is shown elsewhere. Netflix and Amazon have increasingly been creating their own films, which can be shown on the big screen for a short period — allowing them to be considered for Oscars for example — before being available exclusively to their subscribers.
Mr Greidinger vowed to continue blacklisting any film that was not given its theatrical window.
“Our business model says that for a certain time the window is given to the movies, the big movies for sure. The history of this is very clear: the bigger the success in the cinemas, the bigger is the success in the ancillary markets.

Not by itself but I meant more that they are now at 74% of pre-covid price

AMC share price gone insane again...yeah they don't have a court case but they do have worse debt than cine.

How can commercial landlords expect rent when tenants have been ordered to close their business'? I would hope over the next few years this issue is resolved potentially with governments compensating landlords for the lost rent.