Member Info for RS2002

I'm really pleased that there is no share dilution and we have a board who are managing and re-structuring their finances so well. Enough cash flow to see all cinemas closed to the end of year which won't even be required, given the re-opening in July (a little over a month away). I was also pleased to see that Cineworld has put in procedures and practices to respect distance so they are well prepared. I expect to see this push past £1.20 today as the sentiment will carry.

I would support the opinion of Investroid. Fundamentals are driving this share price up as, comparing to our neighbouring European neighbours and as far as the Middle East, cinemas and retail are re-opening with control procedures.

To compare the share price to April, prior to the latest developments and the board issuing a comfort statement that capex costs were reduced by over 80% and negotiations with lenders was progressing well is niave at best.

The FTSE 100 and 250 is rising on positive news that the pandemic is calming and governments are approaching milestones to ease the lock-down further which will see positive footfall and patrons visiting cinemas and other leisure activities.

Seems the UAE government has devised protocols and procedures to see cinemas in Dubai, open from tomorrow.

https://gulfnews.com/uae/dubai-cinemas-re-opening-with-limited-capacity-all-you-need-to-know-1.71692071

I expect to see the major US and UK outfits to issue their own re-opening practices imminently.

Encouraging article posted by the Guardian this evening concerning rival cinema owner, Vue. I would imagine Cineworld fill follow with a similar proposal.
https://www.theguardian.com/business/2020/may/12/vue-outlines-physical-distancing-plans-to-help-reopen-cinemas

This doesn't bode well for Cineworld re-openeing.
https://www.theguardian.com/film/2020/mar/27/china-re-closes-all-cinemas-over-coronavirus-fears

The government are just too abstruse at the moment with the details on when and how the lock-down will be lifted, until this is revealed there is no clear strategy for Cineworld to re-open and as such I can see this dropping.