Member Info for mountainous

@Cruis, they are already doing this from my own observation, some 4DX tickets for Spider-Man were going close to £20 up North (about the same price as Leicester Square down in London).

@FunInvestor, are you off to the AGM?

@LTHamigo, 40-55% of the ticket price dependent upon the geographical location.

The email had no confidentiality notice on the bottom, so I share the details openly with confidence.

@LTHamigo, you can send an email to Investor Relations, they told me how much of the ticket price they need to pay back to distributors for the standard and premium formats a while back.

The current CINE price is about the same as that of 2008. If we recover (which I think will take time, but will happen) it will effectively be the same as investing in CINE back in 2008. You also get your dividends in there too.

No doubt that this drop has been overdone, back in 2008 CINE was significantly smaller as a company (it also didn’t have so much debt, but you get my point :)

The good ‘ol days of this bb being active and bustling are unfortunately behind us, I hope they will soon return.

I don’t get all the overly-negative sentiment around, indeed we are not in the best of situations right now, but how do people suggest that a company that was consistently profitable and handing out a good dividend just a few years back is going bankrupt? We had a whole pandemic come our way for crying out loud, what do people expect? I personally believe that if anything was to take CINE out, it would have been during the pandemic, most likely during October 2020 when the question of whether CINE would get the loan they need or not was the main factor and the sp was at 19p.

Now, we have proven to everyone everywhere that this company’s potential still exists. If lenders allow the company to fold, they are only shooting themselves in the foot, because CINE’s assets aren’t of mega-value. In all reality, CINE’s assets (projectors, popcorn makers and heaters, ticket machines etc) are only useful IN A CINEMA, so what do lenders expect to get out of it?

I have been considering topping up a bit more recently. Time will tell, but I’m not in any real rush to sell right now. Shares are just in the bottom drawer for now and I will wait and see what happens.

Maybe if the bad blood settles between us and Cineplex we could invite Julie over as well for a group cooking session!

Mooky and Ellis Jacob can talk it out over a game of golf, out of court settlement for a few million in hand by the end of it, and Cineplex is still up for acquisition. Mr Mark secures a big partnership with National Express for his school bus company and there are exclamations of joy emanating from this bb as people see the sp rise over 100% in a matter of days. Perhaps 200-400% in a matter of a month or two and people prepare for early retirement or an all-inclusive holiday.

Now back to reality lol, although that would be utopia if it happened that way XD

Forgive my ignorance compoundinterest, I did not know that.

That being the case, I think perhaps the cost of living crisis and high inflation may be inhibitors. Who will be buying an £800 mattress when they are struggling to keep the electric up and running. A big chunk of our target market (those standard working class individuals embarking on home improvements) will perhaps not be buying for the foreseeable future.

Same here BlueBuxton haha

It may be the case that EVE has already received offers, but the company hasn’t announced them, perhaps because the CEO and others are interested in increasing their shareholding in the future.

If Casper could be bought out, then there is no doubt that EVE can be too. I would even speculate that they have already received an offer. This used to be 100p+ a long time ago, so I don’t see the company taking a low ball offer at this kind of price range.

Did someone say weed cookies? Julie Rosenthal (Cineplex lawyer) has joined the conversation XD

@Cruis1, as you can see the person made no reference to a specific date that he believes the dividend will return. I too believe the dividend will return. I don’t think we are going to wake up tomorrow morning and get an RNS that the dividend is being reinstated, but I do believe that they will return in a few years time.

Results have been and gone. Usually, AGM’s do not massively affect the sp.

If you can attend, then you can ask questions to the CEO or Chair which is nice, I’m sure there will be lots of questions about Cineplex etc, nice spot for a bit of extra info.

Very true indeed, such a move would require shareholder approval anyways and I could see an absolute revolt over that kind of thing

@FunInvestor, I remember this too. Made me seriously doubt how much Israel takes investors into consideration. Mooky fortunately shut the idea straight down, but with Israel looking like the next CEO after Mooky, it doesn’t exactly spell out a good image.

What do you think about all of that?

My thought was that Mooky MAY be accumulating some money aside for a potential Rights Issue when the sp recovers so that he can take up his rights in full.

I’m of the opinion that there will be no rights issue in the immediate future, but I can foresee one in a few years time when the sp recovers to help with deleveraging, many companies in the leisure sector have done it. There was a time when a few airlines were doing it coming into winter time, IAG was widely anticipated to ask for a rights issue as well, but this didn’t happen.

Those are my thoughts.

Personally, if I could see some sort of reassurance that the court result isn’t completely the end of CINE if it stays, then I would be increasing a lot, perhaps even before the result of the appeal.

Mooky telling us we don’t have the money to pay isn’t reassuring, but you never know, I just hope the whole thing is a cover to reduce the amount.

@LTHamigo, appears so. This year’s also shows compensation broken down in full for previous years too

@LTHamigo, good morning. That is correct, the LTIP was voted on and approved by shareholders last year. That was the one that cause a bit of a stir amongst some institutional investors (I think Aviva weren’t too happy with the idea of the LTIP).

The 2021 annual report shows that Mooky and all of the directors indeed took NONE of the bonus stated in the LTIP (Page 65), which is in line with expectations because the share price didn’t reach the level required to allow for vesting (taking their part) of the LTIP.

But as far as the other bonus is concerned (the annual bonus) nobody knows where that has come from. The annual bonus is the exact same amount as his base salary, so it effectively doubles his pay packet.

In the footer of page 65 on Note 2, it does appear that the Remuneration Committee decided that the bonus was appropriate this year.

Thank you for that correction LTHamigo, when did the shareholders vote to allow 150% bonus?