Member Info for latpulldown

Barbershop, I'm talking about prior to Freedom Day mate and the change in status to the voluntary wearing of masks.

As for any of any of my investments it's a mindyer

Mind yer own business.

What I have in any share is of no concern to you or indeed anyone else.

"Apart from godszilla not one blockbuster film has over performed at the us box office, they have come in all under on pre box office target. This is the reason why cineworld always fall on a Monday, apart from when godszilla figures came out, i believe it climbed around 7-8% that Monday."

That statement Cruis is completely amateurish. Virtually all have led to post opandemic Box office records and the likes of A Quiet place 2 has out performed.

There's your succession of headlines just in case you have forgotten.

Godzilla versus Kong - $32M opening
https://www.dailymail.co.uk/tvshowbiz/article-9435971/Godzilla-vs-Kong-destroys-box-office-competition-pandemic-best-32M-domestic-debut.html
Demon Slayer and Mortal Kombat
https://www.indiewire.com/2021/04/mortal-kombat-and-demon-slayer-beat-box-office-1234632812/
A Quiet Place Part 2 $57Million
https://www.bbc.co.uk/news/entertainment-arts-573053620
Fast and Furious 9 – Opened in only 8 countries. $136 Million and climbing
https://www.bbc.co.uk/news/entertainment-arts-57635219
Black Widow
https://www.dailymail.co.uk/tvshowbiz/article-9777947/Black-Widow-smashes-pandemic-era-box-office-records-rakes-215-million.html
Peter Rabbit 2 The Runaway – UK Reopening
https://deadline.com/2021/05/uk-box-office-recovers-pre-lockdown-level-peter-rabbit-2-leads-best-weekend-march-2020-1234762770/
https://www.lse.co.uk/rns/CINE/company-update-y2dqku65kaffeki.html

You must have skipped over Deadline Tom to get to those ones.

https://deadline.com/2021/07/snake-eyes-old-m-night-shyamalan-weekend-box-office-1234798883/

Can we just clear this up Fun Investor for the benefit of all on this bulletin board.

Are you formally trained in or do you possess any formal financial or analytical qualifications enabling you to be making any such financial assumptions or projections on Cineworld?

If so can you screenshot them and add them to the bulletin board so that all can see them.

The truth of the matter is that there are simply too many unknowns for anyone to be even hazarding any form of guess on this.

Here's a few questions for you, just off the top of my head that are potential influencers on either revenues and profits or on the cost side of things.

What cut does Cineworld get off Disney?, Paramount?, Universal? - All unknowns and confidential. How have these changed post pandemic to reflect shortened theatrical windows and day and date release?

What were the ticket prices pre-pandemic compared to now for 2D, 3D, Screen X, Imax, 4DX at all the cinemas - in all 10 countries that we do business in, from the US to the UK and Ireland and in Rest of the World countries we serve. Same for Unlimited pricing across all those countries.

How do food and beverage concession prices compare pre-pandemic to now in all the same 10 countries?

Another - Did the ability to take your mask off whilst eating and drinking - encourage more customers to buy concession items. (I did notice a very high proportion when I went to see Godzilla versus Kong)

Some also mention not the same number of supplementary films out there right now. Keeping the balanced view on this and given a high proportion of staff are on Zero hours or flexible contracts does that then mean we have been able to scale back proportionately on the number of staff required and save on costs?

Hammerson, as a commercial landlord across the Board cut the rent for it's customers to 70%. Who else made any such concessions.

Best to leave these calculations to the Chief Financial Officer.

"Remaining closed is less costly than being open so cash burn is faster if open and not achieving high enough attendances (none of us know Cineworld's attendances for the period open as yet)."

No that is not the case at all and you well know that.

The first part of that statement is correct "Remaining closed is less costly than being open" Correct as you have staff costs, electricity consumption, cleaning etc to pay for. FACT.

The second part though "so cash burn is faster if open and not achieving high enough attendances" That is NOT FACT but your OPINION.

You have made the statement and then tried to instantly row back after making it. "(none of us know Cineworld's attendances for the period open as yet)."

So if you don't know Cineworld's attendances for the period open then you cannot say
""so cash burn is faster if open and not achieving high enough attendances"

For all you know they could be making good money.

Everyone knows that it is not just ticket sales that make up revenues and profitability and similarly you have no current knowledge whatsoever or concrete facts on say licensing agreements, whether there have been any cost savings etc.

Stick to facts and you rarely go wrong.

Night out time and a weekend of enjoyment.

Being open gives you the opportunity to make money to cover your costs.

The three statistics that have stayed with us throughout this pandemic and imho has been the most reliable of them all is the Infection rate, hospitalisation rate and death rate? Slight question mark on the latter due to some death certs recording a death as Covid related if it is present rather than the primary cause. Skews the figures as the real Covid death rate might be less, far lesser even.

No reason to change any of those three published numbers. All much better than any "test positivity" which I suspect will be difficult to capture the data on and I can also remember well when "Excess deaths" was touted as the better statistic than the death rate. It simply never materialised and probably for the same reason.

Two consequences.

1. Falling infection rates leads to Joe Public being more inclined to go out and enjoy themselves.

2. Diminishing risk of the reimposition of any restrictions and lockdowns, which Boris Johnson Project Fear'd at Freedom day Briefings by failing to rule things out.

Things looking a bit more rosy at this time and both consequences should be good for certain sectors of the market, for example leisure, hospitality and air travel.

Weekends are there to enjoy. Mines starting now.

Afternoon AimingHigh2021. So you to have cottoned on to the fact that it is generally only bad news that gets reported on or creates sensationalist headlines !! Yes you do get the odd good news story normally at the end but it's the exception rather than the rule.

In the last week the UK infection rate has not exponentially risen as the scaremongerers suggested on the run up to Freedom Day and the Downing Street Briefings. (with a Doubling every 9 to 10 days)

What has actually happened over the course of the last week is that strangely the infection rate has actually fallen.

*54,674 infections on the 17th July to
*36,389 infections that have been reported today 23rd July.

It would be good to know how many of those are actually unvaccinated.

Anyways, it's the weekend and the weather has cooled down a bit and that should hopefully tempt some families out to the cinema for the weekend. Might even treat myself to a second screening of either F9 or Black Widow, maybe on the super screen this time and looking at a trip to see Space Jam early next week.

It's also good that we have elected to keep a 1 seat buffer zone either side of each booking.

Enjoy the movies and enjoy the popcorn, or whatever else tickles your fancy.

It's hard to argue otherwise with the Infection rate numbers going down, instead of up.

Question is are we now looking at an "unvaccinated pandemic" or not? That is the question.

"Still relatively early days, but Cineworld liquidity makes it difficult to wait a lot longer for this additional supply."

Mooky sorted out Liquidity till year end - had cinemas remained closed.

But they have haven't remined closed. They have stayed open.

There is an RNS in the RNS tab above that accompanied the raising of that additional liquidity.

I pointed this out just a week or so back that the infection rate numbers had declined for two days in succession against what was meant to be the reason for a market correction (rising Covid rates). Some said weekend, but in any case it was the first signs of a trend reversal. Further declines thereafter.

Today another further decline in Infection rates to just over 36K and a further fall in death rates. *Remember it is todays infection rates that are tomorrows hospitalisations and death rates (About + 7 to 10 days roughly)

Project Fear seems to have been working with the over 100K scaremongering numbers and now we are blessed with that added bonus of a fire break upon us with school holidays breaking that vector of transmission cycle.

Freedom Day at this rate could end up just like all the last unlocks with things having been grossly exaggerated and the opposite prevailing here in Blighty.

https://coronavirus.data.gov.uk/

Danster the graphs continue, weekend or not and so do the press.

Last weekend the numbers continued to increase. Did the press stop reporting on it and and say, but wait a minute it's the weekend. No they certainly did not.

I was pointing out that market reports gave the reason today as being rising Covid infections.
But that has not been the case for the last two days as the reported infection rate has gone DOWN.

So it's a duff reason that has been given today for a 10% fall and particularly whilst airlines and other leisure stocks have seen lesser falls.

Gym Group - down 0.89%
Hollywood Bowl - down 4.17%
Marstons - down 4.19%
Jet 2 - down 2.45%
Easyjet - down 6.62%

Like I said - joke SP today.

Silver, we are at the point of having to live with it and have been since Freedom Day was announced. We were told numbers would go up and they did. Last two days have noticeably reduced, both infections and deaths so todays commentaries for the market moves do not stand up.

Time to close the book here and see if I can bag me some others. Just look at oil stocks today. One hit to the oil price off probably the same logic and suddenly all oil stocks share prices shake 5% or thereabouts and more - When in actual fact it takes 365 days worth of sales to make your year end figures. Then the story changes and todays events get forgotten.

I am though happily sat in the garden with a nice cool drink in the sunshine.

Theres your market commentary.

Anybody see a glaring anomoly ??

Last 2 days they have DROPPED.

https://www.sharesmagazine.co.uk/news/shares/ftse-falls-2-on-freedom-day-as-virus-cases-soar

Here's the real joke for anyone interested.

Covid stats are just out.

Infections now under 40k (from over 52K) 2 days ago (and 48k yesterday)

Deaths at 19.

https://coronavirus.data.gov.uk/

Absolutely astonishing !!

10.74% down and selling tickets across all 3 territories and with recovering Box Office and 100% opening across the majority.

Airline companies struggling to get off the ground and destinations moving to red and amber list all the time and less and less to choose from, quarantine across the back and paying for PCR tests. Down about %% and 8%. Easy 7.57%. IAG 5.36%

Still not one holdings RNS to the contrary and all major II's seemingly holding what they have.

Absolutely incredible.

Blue Buxton posted similar to this at the weekend and I did point out it should add approx 164 cinemas the the BoXOfficeMojo numbers.

https://www.hollywoodreporter.com/movies/movie-news/cineplex-canada-reopens-1234983615/

Saihaj, today has been all about the collective of market makers hitting every stock they can think of for 6 and justifying it around rising cases. It was all single digit trades this morning to knock the price, replicated almost everywhere I would suggest. Not every investor in every stock on the LSE woke up this morning and thought I must sell.

Fly in the ointment for those that assidiously watch things though is that the infection rate and death rate both dropped yesterday. First time that has happened in the last few weeks so that's where it smacks a bit. not only that but @CINE I think had it's better than fair share of good news.

Weekend just past the Box Office did quite well. Top 5

Space Jam $31.6M
Black Widow $26.3M (better than thought)
Escape Room $8.8 M
F9 $7.6M
Boss Baby family Business $4.7M

Total something like $79.0M

*Cineplex now onboard for the North American Box office figures with 164 more cinemas and wider reach across the country.

*And Disney finding out the hard way through pirating that day and date release is not the best way forward is probably the best news of all for movie theatres going forward.

Therein it probably provides opportunity on several of the fallers of which you can take your pick as it's been applied carte blanche. Its as much imho about volume creation and market makers replenishing their store cupboards.

A rationale post Saihaj but lets actually get to that destination first. It may never come. The infection rate yesterday declined day on day ( from 54674 to 48161) and the deaths reduced to only 25. You can click on the graph yourself and hovver over the last 2 columns on the cases reported by date graph. Then again that is not sensationalist enough to sell newspapers.

https://coronavirus.data.gov.uk/details/cases

All were told at the time of the press conferences (and have been under no illusion) that infections and hospitalisations would go up, but that with the success of the vaccine rollout and its continuation these should peak and plateau well below previous levels. Any 3rd wave should be far less severe and result in less deaths and serious illness.

Only so much that The Govt can do and as also as stated at the time we have to live with it and it's now down to "personal responsibility". Personally speaking I'll continue to wear a mask in enclosed public spaces and to try and preserve some semblance of social distancing where I can, although I am double jabbed along with virtually all of cohorts 1-9 and an ever increasing further swathe of the UK population.

Booster jabs also coming that should have been tweaked to deal with all the common prevalent variants and there was a program put in place to try and see if the vaccine could be turned into tablet form, thereby making it available on prescription instead.

Of course there will be bumps along the way but it's far better to be free and adopt your own "personal responsibility" rather than what we have had previously.

Get out, and enjoy life, take in a move and the popcorn if you can. School holidays are upon us, vacation likelihood shrinking by the day and those little treasures (or tearaways) still need to be entertained. Still one of the cheapest forms of entertainment by far.

Suggest maybe you actually watch Mooky's most recent interview again.

"DEADLINE: There was a PricewaterhouseCoopers report released recently that projected global box office wouldn’t return to 2019 levels until 2024. Is that what you see?
GREIDINGER: Totally not. I think that in the fourth quarter, if we look at the lineup of the movies — subject to the Covid situation staying where it is and not deteriorating, I think that the fourth quarter of 2021 will already not be far from 2019 numbers, and as of 2022, we have a good chance to reach 2019 numbers. This is my estimate, as I feel that the direction today of the government is to live with Covid and not to run away from it into lockdowns that we have experienced in the last year. Vaccinations have created a dramatic change and I guess they will allow us to stay with the open economy."

https://deadline.com/2021/07/mooky-greidinger-interview-black-widow-day-cineworld-1234793975/#comments

Is it because we are supposedly in the travel sector? Travel sector stocks seem to have had the same knock on opening. Simply incredible and time to shut up shop for the day.

More manipulation I'm afraid.

Balance of the weekend news was far better than this imho.