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No mention of screwing landlords, just good solid negotiation for mutual benefit, I.e. payment holiday and we’ll extend the lease for example. My profession is procurement and it’s about value in the supply chain, not just beating up suppliers. Messsge to Landlords will be support us now and it’ll be to our mutual benefit, the short-term ones are the ones starting legal action, however some maybe left with no choice if they themselves are under strain.

Yes, 20,000 sq ft new office/lab space, very usable for anyone commercially, but still massive incentives from the landlords. I imagine for bespoke cinema complexes, incentive for landlords to ensure long term tenancies will be driving good deals for CINE. Mooky mentioned a while back COVID-19 has brought cost into focus, so driving hard deals and cutting the fat out will have been being driven hard since March.

Myoh, my company just negotiated a new lease an office block, 1 tenant bailed in lockdown and we now have a new 5 yr lease with first 18 months rent free. The leverage on landlords is well stacked in CINEs favour, landlords play hardball and sites will close.

Agreed, no mention of $250M US Cares Act cash due in Q2 '21 and all old news with negative spin again lumping in rental commitments with actual financed debt. Mooky said weeks ago he wouldn't open fully for 1 movie, maybe a compromise is key revenue sites, but mothballing until vaccine + clear commitment to a release slate is probably still preferable.

"all major cinema chains rely too heavily on Hollywood titles"

That's like saying Tescos is at risk as it relies on folk needing food? That said good for Tescos to diversify into banking, mobile phones, insurance etc and E-Sports is a likely step for Cinemas moving forward, but I honestly do not believe the business model is broken. Folk need to eat and watch movies in an immersive environment.

Increased Shorter nonsense on here however ridiculous and desperate the content only bodes well for next week!

Looking smart Rock8 and 300 views, you are truly smashing YouTube... lmao, can we get SG on the next episode, maybe zoom call live into his bed sit?

What ramp? Clearly all options are on the table, but vaccine, low sp, talk of CVA and folk competing to lend CINE cash hardly smacks of a company about to fold or go for a significant RI solution. CINE is not Carpetright and has a proven biz model, yes COVID has messed it up big time, but doesn’t mean the fundamentals have changed and Cinema is dead. I realise lenders queuing up to lend more cash doesn’t suit the negative narrative but the recovery hasn’t looked this nailed on for many months for CINE.

Bloomberg article not news, but FT article is news, what planet are you on ...talk about cherry picking???? FT was regurgitating month old stuff, Bloomberg/telegraph was indeed new info.

How did you deal on a Saturday lmao

Lol Myoh, Mulan was a demonstrable flop and WW84 isn’t out yet. Pirating ensures you’ll never get a £1B streaming release so whilst short term it might generate some revenue to bridge the gap, once the gap is closed, Cinema is the media for high revenue blockbusters. If streaming was so great as you portray, Bond would have gone direct...it has not and will not go to streaming before a full cinema release.

Hence the de-ramp crew were out in force Friday pm lmao... roll on Monday.

"The pandemic has proven beyond doubt that Hollywood doesn't need the cinemas, but the cinemas sure as hell need Hollywood."

Are you on drugs or something? If Hollywood didn't need cinemas, Bond would have gone straight to streaming... and made a loss. The pandemic has proven beyond doubt that Hollywood needs cinemas, hence they have delayed nearly all releases until cinemas can open in full, so Hollywood recognises their investment & return. To suggest otherwise is mental.

Agreed Prayfor, Mooky is not daft!

Agreed, Shorts need out. Going from £2.00 to 16p and folk taking shorts out at 24p on the way back up lmao... boix.

George, I've been in CINE since April so another weekend makes no odds to me.

That makes no sense Prayfor, if it drops, folk buy so they are in it for the weekend, that's how it works. What's special about this weekend?

Hope boix got out of his 40p short?

Yeah nothing happening in the next few week lmao

1) Debt Waivers
2) Oxford Vaccine

Two truly monumental steps forward for CINE, 1) impact the long term prospects = re-rate, 2) As CINE is driven by FTSE (overly so versus US revenue) again another brief re-rate possible. Would rather be in for these thanks, no need to post further as your out, bye.

I'm running but it's hard work up hill LMAO. 7% up :-)