Member Info for Tegop

We were never so lucky: Sums up my Cine investment.

To answer my own question: fromdocket 19:

'28.

Additionally, throughout 2021 and 2022, Cineworld, with the assistance of its

advisors, explored other potential opportunities in addition to its primary focus on raising

incremental financing. These efforts included assessing an array of potential strategic options,

including: (a) a sale of the Group’s non-U.S. assets; (b) a merger with a North American

counterpart; (c) a SPAC transaction; (d) an equity raise in the United Kingdom; and (e) a potential

secondary public listing in the United States. Despite extensive efforts, none of these possibilities

proved actionable. And while Cineworld would, of course, have welcomed the liquidity of

becoming a “meme stock” like AMC, we were never so lucky'

@Wolf SP back in oct 2020 when this article was posted was 30p. Sp then rose to 120p when the vaccine was announced and laid out. At 120p, Market Cap would be 1.5B£ they could have done differently, but here we are.

@Maidit, that too did not make sense back then.

They could have called capital from shareholders instead of forfeiting their assets, given there might be some hope of recovery back in the pandemic, especially after the vaccine.

CINE already hired alix and PJT back in 2020, two full years prior to starting C11.

https://www.consultancy.uk/news/25966/cinema-chain-cineworld-calls-in-alixpartners-and-pjt-partners

The die is cast Maidit. They cannot just undo all the negotiations and agreements overboard because hollywood is having labor issues.

@JohnNth

That was a really awkward way of admitting you were wrong and got caught with your BS.

We do not know. All we know is there is no 6b cash offer.

They could have sold the enterprise at 4B and record lower losses.

You sound like Ian.

They tried but they just went through the motions. Asking for 6b cash. Going through Auctions is part of the C11 procedure and they ticked all the boxes and went through what they planned for from the beginning anyway. Including the real estate plan and UK implementation.

Disney has been floundering due to Superhero fatigue and general lacklustre offerring. Even The Flash which is a very good movie in its own right flopped.

We'll see how well Mission Impossible and Oppenheimer deliver.

The list of creditors for CINE is widely available in the website. Taxpayers are not on the list.

Can you give us sources for that?

Also. Cine had Earnings Reports and Future estimates that will refute your second claim.

The pandemic is a once in a lifetime event that targeted multi person shared live experiences. The concert scene is just on the process of bouncing back from.

You're the only one who subscribe to my ramblings. You make poorinvester jealous.

For JohnNth to come up with his sources.

Companies go Bankrupt everywhere every day. Even moreso during turbulent times.

The governments cannot occupy themselves salvaging any of them except too big to fail institutions.

@JohnNth,

Can you provide source on who gets how much of the consultancy fees? Thanks.

i did buy a little bit more yesterday. around 300k shares.

the bb has gone sp**** with discussions and has devolved into abuse and personal attacks.

As I understood it, the 32M is to be shared by the entire BOD, not for Mooky by himself. Divide it by 5 and the money is even smaller now.

For context, Mooky's holdings was around 500M pre pandemic.

My theory is something similar. Except what the shareholders gets in the end has been predetermined since 2020. We are just watching project busby unfold.

Earnings reporting has stopped since last year. Yahoo is not accurate.

The next bit of news will be administration. By then it will be too late to sell.