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People clinging on about debt factor should understand Cine is worlds second largest cinema chain. And their 2019 revenue $4,369.7m. and no foreseeable spending like they did in 2018/19. Post Covid Cine is the second biggest option in the world for movies in theatres.

Summary

- A debt laden chain of cinemas - even the world's largest one - is an obvious victim of covid lockdowns.

- We can equally imagine that a return to normal with the vaccine will produce a bounce. That could now be so.

- Cineworld has announced access to new financing.

Cineworld Seems To Be Rescued
Nov. 24, 2020 11:49 AM ET
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About: Cineworld Group plc (CNNWF), Includes: CNWGY
Tim Worstall
Tim Worstall
Tech, Banks, gold & precious metals, natural resources
Continental Telegraph
Summary

A debt laden chain of cinemas - even the world's largest one - is an obvious victim of covid lockdowns.

We can equally imagine that a return to normal with the vaccine will produce a bounce. That could now be so.

Cineworld has announced access to new financing.

Mookey and his brother have 29% of the company. They don't want the company to fail or sell off at the expnse of share holders. If they do, they will also loose. Shorters should close with whatever the loss they may incur.

I think IDW is paid to deramp.
Shory guy is spread better

It is very much possible. Recent high of 67 is very much possible today or tomorrow. Shorts closing will push it to 90-100p

Theater owners believe that after two years of declining box office sales, business will return to normal, and they will see a record high in 2021 as Hollywood releases a truckload of franchise sequels. The haul includes four films from the Marvel universe — “Shang-Chi and the Legend of the Ten Rings,” “Doctor Strange in the Multiverse of Madness,” “Spider-Man 3” and “Thor: Love and Thunder” — as well as “Jurassic World: Dominion,” “The Batman,” “Mission: Impossible 7,” “Guardians of the Galaxy Vol. 3” and “Avatar 2.”

It is too early to say about 20p. I guess half-years results on 26th, Nov may decide. From the earlier RNS about the complaints and the impact -

Given the increase in complaints received, notably from claims management companies (CMCs), it is difficult to quantify the impact but current expectation is that the provision for complaints will increase from £116.4m at Q1, to a level in excess of £150m, leading to a P&L charge in excess of £85m. We are working through this and expect to update the market with our results for the half year on 26 November 2020.

He is dmb AF. He thinks RNS means some Reuters news and adamant with his views saying IG has told him, Cine will bust. IG speculation was before the Pfizer announcement. I tried to explain him about the meaning of RNS, he still says he doesn't care about the RNS and he only believs in IG opinion before vannication news.

IDW, talk something makes sense. I say again you are doing your work well for your short masters. Do you know how many has Cine employed at $7.25/hr wage? Wht you are saying is not specific to Cine. It will impact all the businesses and Cine will plan how everone else does.

There is a good chance to reach £2. My reasons.
- 2 year normalcy will bring Cine back to the glory.
- We will see more people coming to theaters (1.5-2 times more) in 2021 due to number of blockbuster movies and people tend to enjoy out after an year of lockdown.
- Operational improvements we have put in place since the start of the pandemic will further enhance Cineworld’s profitability and resilience
-Cine has spent a lot in 2019 on upgrading infrastucture. They don't need to spend much in coming years.

IDW, you are doing your work nicely to get your short masters out. Cine's total revenue in 2019 - 4,369.7 million. In 2019 and 2018, Cine has spent a lot in building the new infrasture.
“Over the long term, the operational improvements we have put in place since the start of the pandemic will further enhance Cineworld’s profitability and resilience.”

IDW, nothing has changed as you said. That's why the share price should be where it was before the pandamic as per your shallow logic.

Theater owners believe that after two years of declining box office sales, business will return to normal, and they will see a record high in 2021 as Hollywood releases a truckload of franchise sequels. The haul includes four films from the Marvel universe — “Shang-Chi and the Legend of the Ten Rings,” “Doctor Strange in the Multiverse of Madness,” “Spider-Man 3” and “Thor: Love and Thunder” — as well as “Jurassic World: Dominion,” “The Batman,” “Mission: Impossible 7,” “Guardians of the Galaxy Vol. 3” and “Avatar 2.”

“When the 2021 box office eventually is reported, we believe it will be the pessimists and the naysayers who will turn out to have been wrong,” AMC chief Adam Aron told analysts in February before he and others had to close theaters.

The measures we are announcing today deliver over $750m of extra liquidity to support our business,” said Mooky Greidinger, the chief executive of Cineworld. “Over the long term, the operational improvements we have put in place since the start of the pandemic will further enhance Cineworld’s profitability and resilience.”

The company said it had managed to cut rental costs after agreeing abatements and deferrals with key landlords.

What was that tweet? It says unavailable.

@indepthwins, contraty to your shallow speculation, employment has increased in Oct. It was before the news of vaccinne.

https://www.marketwatch.com/story/u-s-adds-603-000-jobs-in-october-and-unemployment-drops-to-6-9-11604670307
U.S. adds 638,000 jobs in October and unemployment sinks to 6.9% in strong show for economy.

Abotu your 90% not 100% statement - the vaccine is stop the spread. If it can stop in 90% of the people, the probability of 10% of people being infected and getting together is very less and the virus will die out eventually.

@Myoh, I don't have the exact link now. The reason for inrease is there are number of blockbuster movies coming in 2021 and people who have been inside the homes too long have tendency to go out. I am talking about post Corona crisis. We saw high turnout people flocking to pubs and restaurants in Jule after the lockdown. Next turnout would be huge and Govt promotes it big way similar to 'eat out to help out scheme'.

Read the below -
Theater owners believe that after two years of declining box office sales, business will return to normal, and they will see a record high in 2021 as Hollywood releases a truckload of franchise sequels. The haul includes four films from the Marvel universe — “Shang-Chi and the Legend of the Ten Rings,” “Doctor Strange in the Multiverse of Madness,” “Spider-Man 3” and “Thor: Love and Thunder” — as well as “Jurassic World: Dominion,” “The Batman,” “Mission: Impossible 7,” “Guardians of the Galaxy Vol. 3” and “Avatar 2.”

“When the 2021 box office eventually is reported, we believe it will be the pessimists and the naysayers who will turn out to have been wrong,” AMC chief Adam Aron told analysts in February before he and others had to close theaters.

@indepthwins, your statements are very SHALLOW. What informational evidence do you have to say that it will take until 2023/2024 to make profit? Once the Covid critis is done, there are plenty of blockbuster movies and people are waiting to go out of their homes. Soem estimates project that the people going to cinemas can increase 1.5 or 2 fold compared to pre-Covid times. And the recently barrowed money with 11% iterest is 15% of Cine's revenue pre-Covid times. This is called in depth analysis. Perhaps you should change your id to Mr/Ms Shallow :D

@LSE0086, by the time news wears out, there will be more exciting news about new vaccine from different companies.