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Same I got emails for that. Was chuckling to myself. I hope they extend that to September and October before black panther arrives, that way they'll have footfalls for the less exciting films
Love this sentence and very true
"People have kitchens but they still go to restaurants.
Same with people who go to concerts even though they have Spotify, and people still watch footy when they can have now sports. Cinema is far better vfm than footy, concert, and restaurant. Go to a restaurant spend 25 quid and last what an hour, cinema spend 3 hours on a 20 quid budget which includes popcorn and drink.
Open at 6p, you are blind, it 9.5p
That's a useful video thanks
The market for otc closes at 1530 in usa. So 12cents is the final price today. Ie it will be 10p fingers crossed tomorrow morning.
Would it be a good idea for someone like a big hollywood studio to takeover. Alot of the hollywood studios have 100bn+ market cap, so to buyout 10bn would be drop in the ocean for someone like disney and could help with there strategic plans. Or even bought out by a consortium of hollywood studios, help recover cost of big budget movies more easily.
Out of the 800 posts today, this is valuable info. Good post!
My local cinema is a cineworld, I wonder if cineworld charging far higher than our competitors and priced itself out and not getting the audience in?
It could very well be. This extract from guardian today:
The company admitted about 95 million moviegoers in 2021, up 75% on the 54 million in 2020 but well below the 275 million who attended before the Covid crisis.
“The group has been taking proactive steps to ensure it has the balance sheet strength and flexibility to adapt to market conditions,” the company said. “The group’s business operations are expected to remain unaffected by these efforts and Cineworld expects to continue to meet its ongoing business counterparty obligations.”
Cineworld, which is facing an almost $1bn payout for pulling out of a deal to buy its Canadian rival Cineplex, reported a $493m year-on-year increase in net debt to $4.8bn at the end of 2021.
The group made a $708m loss last year. However, revenues more than doubled from $852m to $1.8bn, thanks to the latest James Bond and Spider-Man films. In 2020, the company reported a record $3bn loss.
The warning from Cineworld stands in stark contrast to the performance of AMC Entertainment, the world’s largest cinema group and owner of the Odeon chain in the UK, which said the new Top Gun and Dr Strange films had fuelled a doubling of ticket sales in the US.
The company, which has a $12.8bn market value, said July had the highest monthly attendance in US cinemas since before the pandemic.
“This raises the rather awkward question as to what AMC are doing well that Cineworld clearly aren’t, as both can’t be right,” said Michael Hewson, chief analyst at CMC Markets. “Either those two films were very popular, or they weren’t. And if AMC saw record July admissions, Cineworld probably needs to ask why it didn’t. That’s the question shareholders need to pose to management.”
Is it LIBOR, thought we moved to SONIA?
Yeah my average of 10k is 27p, nearly getting there. Hoping for 40p before I cash out.
I see this use to be 500p ie 1500x higher than today's price. Such a drop would've indicated bankruptcy, so my question is when it was 5quid how many shares were outstanding, were there more placements and for how much and any share splits along the way so I can have a rough idea where the real value is. If its at 0.34 just through dilution or is there alot if potential where it stands now. If so I might add quite a bit more next week.
I completely agree, I think he actually ****ed it up with the furlough scheme, increased uks debt, gave stamp duty holiday spiralling house prices super high making the poor worse off. As an Indian ethnic person, I wouldn't trust someone whose family has ties with corrupt politicians in india it will end up being another case of russian oligarchs- why did we let them have it easy in uk when they may screw us over in the future.
Why didn't you watch it at a cineworld, traitor lol. Only kidding I watches it also but at a Vue.
So sp to takeoff this summer. Only 80 days left to end of summer, I can wait for a nice tidy profit in 80 days. Average 10k at 30p. GLA
Not sure why there is a lack of movies this August, buy September is usually quite as kids go back to school and college, the studios start preparing for awards season and go to festivals such as Venice and Toronto to create a buzz. October is centred around horror/slasher movies in time for Halloween, nov and Dec the studios start releasing their films that has potential for Oscars with a couple of big budget holiday movies for the Christmas period such as avatar, Lord of the rings, star wars.
Can someone explain, barclays commenced their buyback program and now the share is doing really well, moved from current lows of 140p to 173p, a c25%, whereas lloyds currently low of 42p to 45p just 8%. Why isn't the buyback helping the share price of lloyds, all the return seems a beta systematic market return and none for alpha specific return.
Remember dr strange didn't do 1bn as it hasn't been released in middle east or China due to passive suggestion that a character is a lesbian. Otherwise it has done really well in the markets released helped by more showings as only 2hr film.