Member Info for latpulldown

I think you are right laid back.

US cinemas are now reopening

Jangho are increasing their shareholding to now 5.06%

The curtains go up on Tenet in 70 countries on the 26th August with the US only a few days behind.

The Paramount Decrees ruling only serves to add to the appeal.

Back to £1.00 has to be easily achievable.

That's roughly 525 American cinemas that could reopen on 21/08/20 or put another way 7178 multiplex cinema screens.

That is a lot of seating capacity.

Most of those dormant short positions were also taken out prior to the Paramount decrees court ruling. Thanks also for giving me the opportunity to remention this.

https://www.lse.co.uk/rns/CINE/holdings-in-company-rnkzr4mt1hhozv6.html

The 2+2 theorists think that might be why Jangho have been stake building in recent days and weeks.

Or it might just be that the stock is grossly undervalued for the £4.4 Billion 2019 revenue generators to now be green lighted for restart.

The share price has been at least 3 times higher than this on far higher short positions. Most appear dormant and forgotten about and more recently their has been short closing. Short tracker I have recently learned is better at letting you monitor the comings and goings.

Probably more current though is that Jangho a Chinese conglomerate are building a stake in Cineworld and late on Friday afternoon announced a further stake increase to 5.06%.

mhttps://www.lse.co.uk/rns/CINE/holdings-in-company-rnkzr4mt1hhozv6.html

Thanks for letting us remind everyone.

MOOla

In the last financial year with all cinemas open Cineworld generated £4.4 Billion in revenues.

As of Friday and Cineworld having green lighted the reopening of nearly 525 cinemas that earnings potential is back there again.

The share price has a lot of catching up to do.

Jhango can see it and that is why they continue to increase their stake and now have a 5.06% shareholding in Cineworld.

Jhango now further Increasing their shareholding to 5.06% is great news. They in my opinion are interpreting things correctly. MOOla has a more extensive list than I but in a nutshell

1. The share price is grossly oversold.
2. Virtually all Cineworld cinemas reopening is the correct time to be taking advantage.
3. Tenet should create a spike which cinemas depend on.
4. The Paramount Decrees ruling makes it game on for cinemas to be taken over.

More shares taken off the table and a 51p finish says we might. be heading to a next leg up and another one of those short squeeze things.

RS2002 and MOOla

We are NOW OPEN FOR BUSiNESS and the eagerly awaited Tenet will be first out the blocks.

The share price has to start to reflect this soon or along comes Netflix, Amazon or another Global entertainment group.. Paramount Decrees ruling.

One is significantly more undervalued than the others. See if you can work out which.

Afternoon session is only just commencing.

Have we just given the green light to reopen 7178 multiplex screens in some 528 cinemas.

Tills reopened and a big week next week with Tenet starting to hit the big screens and pounds, euros and dollars just about to start rolling in.

5 months of patience and purgatory now over and the market still wishes to let all om board at approx 1/4 of pre Covid levels.

Kramer,

It's not a funny game really more just a predictable one.

When the market makers and players sense an "expectation" then where they canif they stunt and suppress the expected growth. Day traders get bored and sell up to them and then it goes "up" on a quieter.

It should be getting back to 180p not 100p.

All cinemas now contributing revenue and into a first revenue spike off Tenet will do just nicely.

I The Group has also agreed the terms of $110m of additional liquidity through an increase in its revolving credit facility. In addition, the Company has secured credit committee approval to apply for an additional $45m through the CLBILS loan scheme in the UK and expects shortly to commence a process to access $25m through the US government CARES Act. Cineworld expects that this additional liquidity, to the extent required, will provide it with sufficient headroom to support the Group even in the unlikely event cinemas remain closed until the end of the year.have no problems waiting for that and a lot more.

Just out of interest Cinewolds financial requirements were addressed previously so with that in mind on this monumental day we are back to near full capacity of reopened cinemas and those cash registers all being switched back on.

Tenet should create the first big spike in revenues.

RS2002

It is cash that at the end of the day will speak for itself.

Over 500 Regal cinemas screens are reopening as of this afternoon amounting to 7178 Multiplex screens and we are sat around 1/4 of its previous value.

Refurbishing those 12 cinemas when cinemas were already closed you would think is also a good thing to be doing?

Just another 51 of these to come. 52 states in the US.

https://www.djc.com/news/re/12134478.html

That is useful to know that Tenet is opening 3 days early in the USA.

If it opens across the pond with the same acclaim as here then we should be in for an instant highly profitable restart.

Incidentally these ticket sales should now be picking up.

https://variety.com/2020/film/global/tenet-fever-christopher-nolan-vue-cinemas-ticket-sales-1234732897/

someone mentioned it recently but it amounts to 7178 screens.

That is a lot of dormant revenue that had stopped for 5 months that can now start rolling into the tills again,

Tenet out for first showings in some 70 countries in only 5 days time and in the US from the 3 Sept Labour day.

No matter which way you look at things the US money taps have just been switched back on after nearly 5 months of closure and with an additional 75% percent of Cineworld contributing.

Bring on Tenet.

Definitely oversold and on the eve of US reopening and a further 75% of the group contributing revenues and profit potential. Less than a week away also from Tenet opening across seventy countries as well and still we wish to play games for stock. That's due to the high level of retail PI's and spread betters.

The share price either gets to reflect its true worth soon or it gets taken over and the Recent Paramount decrees ruling just greased those wheels of inevitability.

Tomorrow marks the start of us being back in business Big Time.

The usual morning dip and share collection exercise I see.

Must be due a run up to £1.00 again in the next few weeks.

Well whilst some were key board warrioring posts with very little content I decided to do some of my own research on cinemas and visited the Westfield Shopping Centre in London today. There is a large Vue multiplex there.

In a contrary way I am pleased I did for the shopping centre was extremely busy and although you only have to wear face masksinside the shops I would say that about 40% to 50% of people were also wearing them around the whole shopping centre. That surprised me

Secondly I watched numerous groups of people all visiting the cinema also. Again more than anyone looking in here would think.

The staff member I spoke to said attendances "were getting there" and that this will improve further with Tenet in a weeks time and the next new release in a few weeks time.

I was very happy with what observed and was heard.

Those casting constant negative assertions might change their views if they visit this weekend perhaps.

I have just managed to add some more as I fail to see how a company that was 185p prior to Covid 19 is worth less than a quarter of that as they head now to full reopening again.

The only difference to be considering is a "new normal" against a previous normal in terms of audience..

With 3/4 of the previous normal share price available to trend back up then that is an educated risk I am comfortable with taking.

That is a really informative post MOOla for Newbies like me.

Does anyone not find it strange that Everyman Cinema ended up 11.45% today and doesn't have over 7000 cinemas reopening in the US on 21st August and that AMC has recovered to nearly 75% of its pre Covid share price.

One day it has to equalise with other cinema chains, especially if it has many more movie venues.

This discrepancy is maybe meant to make me sell. However it actually inclines me to add some more.