Member Info for LTHcine

Wolfie - its always good for a company to under promise and over deliver ;)

Watched the whale last night.. i thought it was quite sad in a couple of parts and Brendan Frasers acting was on point

How to turn £35k into £1,000,000 or £3,500 :)

Are you HJG? Why do you refer to yourself in the 3rd person?

Agreed Hexam, then think/hope for 20-30% discount on total rents bill after the leases cut and it could swing us back to profitability.. then i hope for no interested buyers and lenders agree to restructuring package where they take like 51% equity issued to them in return for all debt wiped clean slate ;)

They are probably thanking their lucky stars that they could take this opportunity to get out of airtight lease agreements.

Who knows, maybe the landlords will have a change of heart when they are left with an abandoned building full of crackheads, and then come back with a better lease agreement that will allow each premises to become profitable. Alot of them were probably really bad locations anyway, with not much footfall. So revenue lost is actually big saving as they were paying thousands in rent monthly for the sake of a few customers a week for example.

Hexam i wonder how much all these new lease agreements with landlords will save.. they are only about a third of the way through negotiations on cheaper leases.. a fairly small portion of leases are being dropped completely and those cut will save over $20,000,000 thats just the terminated ones. Wonder what kind of savings they can make on the leases they keep? If they could take it back to 2019 level rents then its a 30% saving on the total rent bill

My Fingers are crossed but starting to get a cramp.. lets hope they can draw out the chapter 11 upto 18 months

Stanleypro - i meant the Everyman media trading update.. still waiting to see Cineworlds but im sure it is coming soon in the dockets

There is still hope for Cineworld after seeing their Trading update.

Group revenue of £79.7m, an increase of 62.5% versus the prior year (2021: £49.0m).

Can anyone do the math to compare if we were to see same growth yoy?

What a great low budget film, Antlev even got his ear pulled clean off his head. Quality :)

The panic well and truly set in for Antlev and he started speaking gibberish

Myoh - dont forget advertising revenue

Jazi - https://cases.ra.kroll.com/cineworld/Home-DocketInfo

I didnt invest in the 2nd largest cinema chain to be left with a crumb of a week old digestive biscuit

Hexam lets just hope for no interest and force creditors to accept a continuation of business as usual

I think what they should do is accept 500,000,000 shares to knock off a third of the debt and then let Cine carry on.

Apparently Hussart but if no one comes along with a big offer i cant see the creditors taking a big haircut especially after lending almost another $2bn. I think its possible there wont be acceptable offer and creditors will decide to just allow Cine to continue after seeing box office figures on recovery.

Little topup @3.39.. probably should have set a buy order at 3p or something to clear it in the UT.. but couldnt resist