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Well done Kimbo, very healthy profit for you. I might take a little out and re-invest elsewhere once we eventually reach £1.90 and Mooky makes his millions!
Holding the rest for dividend income, Cine always been a good dividend payout in the past
Would love to see it happen Crumpets but sadly I believe the Cineplex ship has sailed. Any acquisitions in the short term would cripple the company with our new debt levels.
Once we service and focus paying the debt levels back then we will see but that will take time.
The Cineworld website would have been a good reference....
https://www.cineworld.co.uk/static/en/uk/blog/new-movie-release-dates-everything-you-need-to-know
A few more of the Feb/March releases will follow which is fine.
Good date for Bond to move to near October holidays which is generally a busy time for cinema and gives them plenty of time to market.
I wouldn't be surprised if they pushed back all the way to October to give MGM time to find a buyer for their film production side of company. With an attractive film slate to offer and the back catalogue, makes them more appealing for the overweight price tag they are looking for
Interesting to hear your view my friend. I'm going tomdo some more research but I reckon there may be money in Whisky now with us leaving EU. Huge market to partner with US and having visited US occasionally, their whisky selection is truly terrible due to stamps and tax on product driven by EU
Sorry and I know this isn't Cine related guys. Has anyone looked into Whisky Cask investment and if so what are your experiences on return? Looking to add this along with my Cine holding
Correct Nodding. Mothballed in the meantime taking advantage of furlough to pay wages. We will reopen in March unless NY and LA reopen cinemas first as these are huge territories for Cine
Interesting news. Possibility Mooky and other senior members of the team will defer their wages and be compensated with shares in company. This gives great sentiment going forward and proves to the doubters that our leaders have full faith that the company will survive and prosper
I'm a new investor here with relatively small holding and still doing my own research before lumping more into this share. Early indications are that this share could be one of those shares in a lifetime with growth potential and scaleability. I've got a large holding in Cine and considering pulling some cash out of there and sinking into here. Are there alot of long term holders on this forum?
Nobody will be watching Top gun, Bond etc streaming, ALL blockbuster titles WILL be released in cinemas (if the world goes back to normal).
Like I said last night, they have realised they have a weak slate and that 2021 isn't going to be a massive year, we are essentially missing out on best part of a quarter of the year before the world goes back to normal best case scenario.
Cinemark have said they will only book WB titles on a case by case basis next year and I imagine Cine will do the same. Not all WB titles will be released online same day as cinema release as the title suggests.
Warner Brothers clearly trying to push HBO subscriptions. 2021 won't be huge blockbuster year like everyone is expecting as there will be so much competition for release dates and potentially too many big films competing for same release period, but the important thing is we will be generating revenue, profits and servicing debt.
Frustrating decision from WB but they don't have a great slate next year so clearly gambling on generating revenue through subscriptions for 2021. Interesting to see Mookys response when we open again! Could be a move QB regret with the 2nd largest chain in the world not playing their films. It's not the first time Mooky has made a point with theatrical window - just look at Once upon a time in Hollywood
My thoughts exactly!
We all knew the CVA was coming. The SP is reacting to panic sellers. Many businesses are going through CVA process to streamline financially. Today SP movement does not change my position or strategy