Member Info for laidback

All companies have debts and renegotiate covenants all the time with lenders.

Cinema will have a major revival beginning November 2020.... huge slate of blockbusters getting stacked up for release .... it is not going to Pvod, that's for sure !!

Think about it, if derampers have nothing better to than try and scare investors into selling on here, how much intelligence can they have - Probably virgins living at home getting 5p a post

Mooky is Israeli, shrewdest businessmen in the world

I rather trust Mooky's confidence than getting scared by anonymous, pathetic loser derampers on here

@Jonny
There's a good chance Los Angeles and San Francisco cinemas will open Tuesday

And Wednesday Cuomo may say something about NY cinemas reopening

Looking better and better in the US

@Johnny
Which 15 cinemas - Is it the ones in California which reopened this week ?

guitarman you sound pathetic now

Best thing out of this crisis is to demonstrate failure of PVOD.... and the worth of the cinema experience

All blockbusters will be released in movie theatres in future

@guitarman
Are you bitter because you sold out ?
Blockbusters are stacking up for release
Once NY and California fully reopened, you will see studios falling over themselves to get their blockbusters on screen

@guitarman
Takeover is the worst case scenario
I want to see Cineworld back to full strength early 2021 .... back to £1.50 +
If that doesnt happen then takeover is poss8ble

An agreed takeover is the most likely scenario in case of covid restrictions continuing late into 2021

Enough liquidity till September 2021 !!

@RS2002
Agreed any offer now would be low ball

Mooky's family fortune is tied up in Cineworld
He will want to see sp reciver to at least £2 before he entertains any bid offer

I don't think Disney would make a hostile offer given they already have a business relationship with Cineworld

But if Covid is still around in January 2021, and if Mooky might be agreeable to a deal

I think cinema will most likely recover very strongly in December, so Mooky may get his £2+ shate price in 2021 and not have to sell the family business

We could always get a hostile bid from Netflix or Jangho though

@Pray
They could be speaking about a deal as I write...these are very complicated transactions ... Moooky will be holding out for as long as he can

If there is better news on covid and US reopening, then Mooky can bide his time and wait for a big recovery in 2021

If the recovery is further delayed, or another lockdown (remote) or films further delayed, then Mooky's hand may be forced and he may then do a deal with one of the many suitors for Cineworld

Either way a win-win for us long term holders

GL All

DYOR

If there ever was a likely takeover target, it is Cineworld just right now

You got major institutional investors building stakes

Major studios delayong release of films .... makes Cineworld sp weaker now but potentially massive takings in 2021 !!

Can you join the dots ?

If I was Disney, I would bid for Cine at thia super low sp !

No refinance required

Debt covenant negotiations are routine

@small
Very sound balanced post
Recommended

Plenty of liquidity till September 2021

In the meantime, Covid will be history and 2021 has one of the best movie release line ups for any year.

Nov/ Dec has a very good slate of blockbuster films as well.

Oh and NY and California will be fully open by then

So.much fear mongering on this board. Listen to Mooky official....he is very confident !

October is the slowest month for blockbusters. From November, we get a slew of fantastic films.

Delayed blockbusters are all being released in cinema, not PVOD. That's key point.

Equity dilution will only happen with another full shut down, that's what Mooky said.

I think we are past the worst

Onwards and upwards to new heights

Hsemorroids can go **** himself

You're a paid deramper... that's despicable.... living off others fears and losses. You are one low life miserable ****

Enough liquidity till end September 2021 ..... plenty of time for recovery

2021 will be best year ever for cinema !