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But until recently they were not allowed to own a cinema. Legislation only changed 1.5 years ago?
https://www.forbes.com/sites/tomnunan/2020/08/07/judge-decrees-studios-can-own-theater-chains-for-first-time-in-71-yearswhat-lies-ahead/amp/
Cruis - why would they not want it? If the price was right, they can take full profit from their own movies . Can you imagine AMC getting marvel films one or two weeks later to prioritise their own cinema?
They can even put some of their big budget series on.
And around the wheel we go ………..
Well if admin does this to the sp, I’d like some more admin please .every day.
We’re in the end game now then …. Wonder if bonkers is still about ….
Guys,
When do you think we will actually get the business plan ?
Ideas welcome
stop asking scary questions finchy
https://deadline.com/2023/01/regal-cineworld-bankruptcy-asset-sale-bids-due-1235241060/
The popcorn at VUE is ****ty.
I personally will go see the Knock knock movie in early Feb …
Clearly the market did not care haha
Would like the opinion of Hexam on this - pretty sure he has more knowledge than me ! Hex !??
Really interesting!!!!
I don’t think it’s hopeless. In fact I’m getting more optimistic day by day.
I think mooky will try keep his shares. Or at least a good deal of them.
I also think that 2023 will be the break even moment for CINE.
I do hope we come out of chapter 11 with an agreement with CP. I also hope the dilution is moderate.
I’m actually pretty close to putting in some more, to average down.
Actually wolf, perhaps a delay is good - if later in the year they are breaking even, and the CP case is settled , maybe new lines of credit can be found / renegotiated?
Lol guys. Just give it up. We definitely didn’t make a profit in 2022. It is actually impossible.
Hex I will be SO sad if we are here this time next year having the same debates !
According to Google , ch11 process takes 17months on average, so we may have a while longer to wait.
I’d be happy even if we break even in 2023…
It’s just the running total of what’s been announced .
No he didn’t …