Cineworld Share Discussion Threads

[lthtrust] 06/7/2021 13:40

I am more concerned about cineworld's ability to survive 2021 as a going concern if cineworld fail to meet their own weighted base case scenario. Cineworld may be able to raise more cash if needed, but at what cost ?
In Cineworld's 2020 annual report it says "The Group’s base case scenario assumes a gradual recovery from the current shutdown, with cinemas across all territories opening in May 2021 at 60% of comparable levels to 2019, returning to admissions levels of 90% of comparable periods in 2019 by the end of the year."

[lthtrust] 05/7/2021 21:19

Current US Box office total estimate of $68,952,260 for last weekend July 2-4. The US Box office total was $183,814,074 for 2019 July 5-7 weekend. Source boxofficemojo.

[bigpecs] 05/7/2021 16:57

Happy with today's rise let's hope it continues until we are back above the pound mark.. GLA

[lawson27] 05/7/2021 12:16

easy money on recovery play's out there today!, GLA :-)

[factsandfigures] 04/7/2021 08:41

In 2013, MILLSTONE INVESTOR (a.k.a MILLENNIAL INVESTOR) allegedly had 100 Bitcoin stored on his computer's hard drive - today they're worth about £3.5 million. The only problem is he mistakenly threw away the hard drive and has since been asking his local council for permission to search landfill.



Earlier this year, in sheer desperation he promised to donate 25% of the value of the digital currency to the people of Cornwall if he found the hard drive.

Unluckily for MILLSTONE INVESTOR the local council said excavations at its landfill sites was not possible under its licensing permit.

[melegramfortongo] 02/7/2021 16:06

Someone spotted the signal yesterday
Well done .

[lawson27] 02/7/2021 12:14

turning out to be a nice little earner for the trader! GLA

[melegramfortongo] 01/7/2021 21:29

Ask MILLSTONE about his property portfolio ….
One of the funniest things we caught him out on.
Under his other alias ( Christh ) he had this imaginary property portfolio which was obviously making him a millionaire etc etc , yet we caught him out as we knew he was just a youngster trying to get on the property ladder .
A youngster by the ADVFN name Millenial Investor .
He posted under the wrong name - that’s how we caught him out ( rather he shot himself in the foot ) 😂😂😂😂
Funny as !
He didn’t post for about 2-3 weeks after it 😂😂

[melegramfortongo] 01/7/2021 21:22

😂MILLSTONE still waffling on here !

You cannot escape the truth.
The nonsensical predictions you make will always come back to haunt you.

This guy predicts “400 pence by Friday” almost every single week…. and has been doing so for maybe a year now.
It is clear to us it is basic desperation level ramping.
Images of moving thumbs , and simple fantasy nonsense - nothing of any substance whatsoever .
Millstone simply copies other investors posts , then alters slightly to make the posts seem like his own .

He shorted CINE when it went above 60 pence (or at least he said he was going to do so), yet then somehow managed to “ ride the waves “ … ( you know the type … fantasy wannabe big shot ).

[ukneonboy] 01/7/2021 16:30

as stated earlier, everything that MILLSTONE INVESTOR (a.k.a MILLENNIAL INVESTOR) posts on ADVFN can be taken with a very large pinch of salt.




Hashtag: BUSTED AGAIN, LOSER !!!

[ukneonboy] 01/7/2021 15:00

Everything that MILLSTONE INVESTOR (a.k.a MILLENNIAL INVESTOR) posts on ADVFN can be taken with a very large pinch of salt.



He spends most of his day posting sh*te on the Boohoo forum and everybody just laughs at him and all his aliases.

We laughed when he posted on here "CINEWORLD WILL GO BUST SOON"

The kid is clueless.

[williamcooper104] 01/7/2021 14:54

Someone's going to say that you should apply AMC to revalue CINEs historic acquisitions :)

[lthtrust] 01/7/2021 14:46

Andrew do not forget that Cineworld's net debt exceeds their tangible assets. The over $10 Billion of assets that you mention includes over $5 Billion of Goodwill and other intangible assets.

[williamcooper104] 01/7/2021 14:30

Half of the debt is leases, over half of the assets are the right to use the leased premises Amusingly the lease liability is discounted at the CINEs marginal cost of debt - so the junkier the credit the less lease debt there is recorded on the balance sheet U.K. landlords can relativity easily be crammed down via CVAsHowever it's a lot more complicated in the US

[andrewbaker] 01/7/2021 10:42

MillennialInvestor: CINE won't pay a dividend for at least three years, certainly. They have over £8b debt, true (though assets are over £10b), and the way back will be long. However, they are a well run company, and in an industry sector that will recover and is recovering. The price is too low, in some degree due to shorts, and for an investor - not a speculator or someone with a big mouth and not much behind it - it is a 'screaming buy' at the current price (and this morning enough people have been happy to buy at, currently, 3.4% above yesterday's closing price, so there are some who feel similar to me). Get back to me in one, two and three years, and say more then, which may be you then agree with me! :-)

[lthtrust] 30/6/2021 15:14

Millennial. Yes, exactly. Cineworld lost $3,000,000,000 before tax in 2020.

[ckafetz] 30/6/2021 15:04

Those who went short are currently doing well. Fair play

[andrewbaker] 30/6/2021 11:22

Cineworld are a screaming buy at anything under 100p. Will a virus permanently decimate the habits of people who go to the cinema for a night out? And who will benefit the most when that both comes back as a regular occurrence and goes on into the future? Pore over numbers, predict doom as much as you want, but also take reality into account. This share will double in the next couple of years, and perhaps more, especially if filmmakers, performers, and others get back to making more films that people want to see, which they will: it's their job, for goodness sake!