Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Seem to have continued today, hopefully we'll get some momentum soon.
Maybe they pushed back interim results to give them more time to negotiate an out of court settlement with cineplex.
If they posted positive results before any deal was struck it would undermine their negotiation position.
Hi Riley. I have a (genuine) question, how does a share get more liquidity, presumably through positive press releases which peak interest and push up trading volume?
I am also in Cine (as well as Everyman) and whilst I appreciate the scale / position/ share numbers of the two companies is very different the difference in trading volume (as a percentage) is very stark.
I've invested in companies previously where the availability of shares, buy or selling, was very low and often wonder how the price moved if no one had the ability to buy or sell shares. The previous company was a predominatly family owned business and I wondered if that was anything to do with it.
Sorry for the potentially nieve / uniformed question.
Global warming denier...says it all really!
2022 - 251 - $14,851,850
2021 - 438 - $10,248,662
2020 - 456 - $4,612,035
2019 - 910 - $12,440,441
2018 - 993 - $11,972,446
2017 - 854 - $12,967,076
2016 - 855 - $13,306,447
2015 - 845 - $13,166,657
2014 - 849 - $12,202,091
Above is year, no. of movies and average box office income per film for domestic (USA) market.
Clearly shows that movie are bringing in more than they ever have.
I'm sure someone will mention inflation but what percentage is reasonable to apply because 2022 is more than $1.5 million than the next highest (2016).
As many have said before it now down to no. of releases.
Lots and lots of money being made at the box office at the moment.
If it was real, why wouldn't we see this in variety or a more mainstream news company? According to the article it was published over 8 hours ago, plenty of time has passed for another new company to validate and post?!
Don't forget Mooky, in terms of the movie industry, is a massive name. I'd expect lots to pick up on a issue that would deeply affect his reputation?!
The other question, what difference does this make to the investment case for cineworld? Are cinemas still open? Are box office figures still very good ? Are films still being released?
If indeed its not fake news.
IMO this is a decent investment, especially at these prices. They seem to be continuing to expand and, despite occupying the premium market space, expecting evidence of decent revenue growth.
I agree with you lat. I did write a post earlier with a similar theme but I accidently deleted before posting.
YTD Domestic (us) box office is 34.2% down from 2019 prices the share price is c.90% down from 2019 prices.
Even with the risk of the appeal not going our way I would expect this to sit at / between 30-40p.
Went to cinema last night to watch Jurrasic World in 4DX. Its was like a rollercoaster ride. We watched jurrasic park (original) last year and 4dx has come long way since then. It made what was a average film very entertaining.
Cinema was full. The cinema was very very busy with lots buying drinks and snacks.
Maverick went over $1bn
The argument about cinemas future is over IMO.
It now down to cineworlds individual battles. Given the recession that we're going to into, there are few industries that can make money like cinema in an economic downturn. For me that gives me more than hope, it's a sound business proposition.
Just saw 7.20 showing at Telford cine. c.50% full and it was on one of the biggest screens too.
Loved the film, entertainment factor was 10 out of 10. Yes admittedly very cheesy but great entertainment.
I assume you all have a mixed portfolio ?! If so you'll know everything is down! McDunn I'd suggest you are doing extremely well if you only have 'two stains' in your portfolio. I am hemorrhaging cash everywhere.
It's now saying $194m
?
According to box office mojo the average $ per movie is the highest its been since 2016. We're now up to -39.04 % of 2019 box office figures on YTD comparison. We're currently 2.84bn and 2019 was 4.68bn.
Yes number of movies being released isn't helping however the quality of those releases could mean we surpass expectations.
I'd be happy if we could get to 9bn for the year in domestic box office income, which is 2bn down from 2019. I personally think this is realistic given quality of films coming in.
Really!? What about no covid restrictions, cinema being tried and tested as being recession proof, the upcoming film slate (Avatar 2, Black Adam, Jurassic World, Lightyear, Minions, Thor), Dr Strange (currently over 800m), Spiderman (over 1bn), the fact we're back to 60% of boxoffice figures 2019 on year to date comparison but we're running closer to 10% of share price before covid, consessions being up considerably on precovid levels, cineworld monthly members, etc etc etc.
The chat that comes on here is so tedious.
What about avatar 2, probably one of the most hyped up films ever made? Also avatar 1 was (and I think still is) the highest grossing film of all time? That's due for release December.
Also, Tom Cruise having an active role the Jubilee celebrations the week before release of his film? Coincidence?! I don't think so.
It will br a big film regardless. It is a massively nostalgic film for me and I'm in my late 30s, a toddler when it was first released. I reckon it will appeal to a wide spectrum of people from teenagers (for the action) all the way up to people in their 50s and 60s (for the nostalga).