Member Info for tom231

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).

Avatar 2 could be 1.5 - 2bn on its own!

If you think LTH of CINE don't think bad news can happen then you haven't been here for long. We've had nothing but negative share movement even in positive times.

We're just hopeful that the worst (with regards to covid and reduced income) is over and that the court case award has little merit at the level it was awarded.

No one can deny there has been a massive recovery in cinema going, even if its not quite at levels it used to be in 2019. This seems to be due the movie slate though IMO. The next 6 month of movies could easily be another 4/5 billion in box office, maybe more.

For those who are interested the YTD comparison for last few years. I have been keeping an eye on these, the margin to 2019 is reducing every month.
2022 vs
2021 +353.1%
2020 +33.6%
2019 -42.4%
2018 -48%
2017 -44.5%

The business performance has increase 353% in a year, where has share price gone in that time We're close to 10% of precovid prices and there evidently as massive improvement in boxoffice figures. I appreciate the court case is on everyones minds but IMO the drop has been overdone.

Also, IMO, if a business can demonstrate profitability which CINE will soon be able to do, why would any creditor call in the debts when they can sit on their hands and see the cash rolling in?

Given Dr Strange's performance and the level of nostalgia associated to top gun I see it as realistic. Not to mention that the critics bloody love it.

Just reached $803,180,485, with some legs still left in it IMO.

Apologies if its been posted before, Cine chat can be so fast pace you miss stuff like this. Was interesting for me so thought I (re)post it.

https://www.screendaily.com/features/cineworld-ceo-on-firms-challenging-pandemic-how-covid-settled-windows-debate-/5169778.article

As you've been on this board for a while you will have seen many posts expressing how cinema is recession proof. You only need to do a simple google search to get numerous news articles, web pages and even dissertation stating as much.

I respectfully disagree with your assertion

Dr Strange up to $552 and we still have this weekend. Given trends to date, could be a £1bn movie depending on how Maverick pinches audience.

Downtown was never a 'tentpole' IMO. The appeal of cinema still lives on.

Now $500m and we're only on Thursday in the first week of release. It's absolutely smashing it.

The Batman had made $672million, should cross $700million. That isn't bad given that, in my opinion, its much more niche than a Marvel film. It appeals to a lot less potential viewers.

All of these performing films are adding to the Cineworld coffers. We have Morbius next then Fantastic Beasts.

I think the article deals rumours, I deal in facts. The biggest fact is the great recover to cinema and decent upcoming film slate.