Member Info for mountainous

Yup, same @BlueBuxton, I also decided to take advantage of it now before Nope comes out:)

Just checked Box Office Mojo for Bullet Train and it appears to be doing well in the US :)

Great to hear @Fun, I have seen Bullet Train twice and both screens were quiet, once on Saturday and once on Monday.

I’m intrigued to see how it has done in the box office.

Agreed, this share is seriously painful. At least a degree of keeping investors informed would ease the pain significantly.

Most investors also don’t want to invest in a company that only tells them the bare minimum. Not one single trading update this year.

I am willing to put it to strategy with regard to Cineplex and go with it for now (not that there is much choice when you’re down 60% lol).

lol this is very interesting indeed, it is almost like a herd of wolves the way you shorters emerge from the cracks. Almost seems co-ordinated…

Let’s hope for some really good news soon that will send all of you running for cover.

In my opinion, the results are quite poor. This is a rare moment where I agree 100% with Hexam and FunInvestor.

Just based on what I have seen here, concessionary spending (large source of profit for us) is down by a wide margin, and somehow AMC has managed negative cash flow for Q2.

I am hoping these two are due to poor financial management and that CINE has not suffered the same financial performance, negative cash flow for Q2 is not illuminating green lights for me.

I have bought in, everything about the company is great.

I don’t know about whether BOWL is recession-proof, but I went about a month or two ago and the place was really busy, it still appears that people are going.

Good morning @BlueBuxton, I think so :)

But it’s a good question, I was wondering why we have risen so much. 36% in 2 weeks isn’t exactly small, and to my understanding it hasn’t happened ever since the Cineplex judgement, so it is unprecedented in that respect.

If it is the case, expect an RNS on Monday. There is no way they could have announced it today because both Cineworld and Cineplex stock must be closed for trading before it’s release to my understanding, that is what happened with the first release of the judgement. RNS sent out it’s ‘final announcement’ message around 7pm, so 2 hours before the Toronto Stock Exchange closed, so impossible to send out RNS about any settlement today.

Only way around it is if CINE sends a press release like they did at midnight on the day of the judgement release.

The rumour almost sounds too good to be true. Why would Cineplex allow 5 whole years for payment?

And the individual here is saying that the 2027 date was the most contentious, was he inside the negotiating room? Nobody would know what the most contentious issue was unless they were in on the discussions. Unless if he has sourced the info from a third party?

Where does the Mooky bonus come in? Is the individual referring to the LTIP, maybe he is talking about that and saying that it would mean that Mooky can still get the bonus because there is no need for dilution?

The way I read it @Huss is that we make some sort of payment every year or something and then the whole amount must be paid by 2027 at the latest.

Great minds think alike @Hussartbr, we thought the exact same thing about 30 seconds apart :)

The rumour doesn’t make sense. Why would Cineplex link it to share price? Share price doesn’t always correlate with company performance.

Plus, couldn’t CINE dilute the share price in one way or the other to ensure that they don’t need to pay all the way up until 2027?

I would have expected that an out of court settlement would be based around revenue/profit, and Cineplex know full well that the box office recovery is on the way, so it would be a much more secure way to obtain the money.

$125m is an enormous reduction, CINE must have sent some incredible negotiatiors to get that kind of reduction.

Then again, it has been almost 8 months since the judgement and this is the very first rumour. Why would the individual in question wait this long? Looking at his history it appears he has been invested in CINE even before the judgement and he has had both negative and positive views, he has been mostly positive for the past few months. The account has been in existence for over a year, so it isn’t a disposable account.

No clue, anyone’s guess, all in my opinion as always. You’ve got to remember that CINE is up about 36% in the past 2 weeks though, on no major news other than incremental short position reductions.

lol, so anybody can show up and write an article.

Hello everyone, my name is mountainous, and I am a private investor based in the United Kingdom and most interested in equities in the UK and the US and Europe.

Now I can go and write a counter-balancing article, I guess I am sufficiently qualified.

I guess this is why doing your own research is so important, anyone can write anything, we even saw the fabricated article about CINE ‘defaulting on payments but only telling some investors’, where the information contained was all from this board and replies from IR.

Thanks for all the useful responses on this thread to all who have replied.

This has been on my mind for a few days now. With a vastly improving box office, and therefore company performance, why is Mooky choosing not to buy?

He sold off quite a large chunk of his holding in 2020 for debt purposes, so it makes sense that he would try to re-acquire that amount (I believe about 5-6%).

So, why do people believe that he hasn’t bought it back? It is anyone’s guess, could be something very positive, like ongoing negotiations for an out of court settlement (if he bought now, it would count as insider trading), or could be something more sinister?

Thoughts?

@BlueBuxton, I’m keeping well thanks, hope you are too?

I have two watchlists. I have one for all my current investments so I can keep an eye on them, and then another for all other investments that I’m interested in either starting or increasing my position in.

Now, I’m interested in increasing my CINE position. The one and only thing that is holding me back is the Cineplex. I think we will be fine even if we have to pay the entire thing, but it’s just a case of the sp, and whether it will drop further.

At the same time, this is just me trying to catch the lowest price possible, I think it’s just good for me to get my teeth in now.

@Cruis, apologies, my mistake. It reached 124.85p last year.

This calculation and the EBITDA/EBIT margin made me add CINE back to my watchlist.

Fact is that CINE’s debt is not all that everyone is making it out to be and that even in the worst case scenario, CINE’s debt (compared to assets) would be in line with competitors.

I think that’s a decent chance to take considering we have seen this stock go from 18p to 140p in a matter of months.

@AllKap, I am doing great thanks, hope you are as well.

Great to see the calculation matches up.