RE: Big point on CINE!4 Sep 2020 22:23
well said Sai.
We had trolls here and analysts questioning the survival of cinema industry back in May/Jun time. From the beginning, I didn't believe the end of cinema due to VOD. Cinemas will exist forever. Not 10-30 years, they will survive forever. The experience going to cinema is unbeatable compared to viewing the same at home.
All that matters is how much money CINE/AMC and others can lend for their capex or opex. But we have seen that credit has been made available to CINE easily as clearly lenders too knew that this industry can make money even with 50% capacity. Covid definitely has been a real test and industry survived so if Indepth is still thinking whether convenants test can be passed in December is quite deluded and sooner or later he will accept the reality and will one day regret for not buying CINE at this price.