Cineworld Share Discussion Threads

[williamcooper104] 03/9/2021 17:52

The alphavile link doesn't work - can remember reading the article when it was first published

[williamcooper104] 03/9/2021 17:51

Long been that 90 something was mis-priced debt - eg market movement on credit spreads 80 something was distressed/risky but performing And when you get sub 80 insolvency/future non-performance/impairment is being priced in Amusingly you'll often see debt trading in the pennies and the equity retaining "value"

[millenniallnvestor] 03/9/2021 13:14

And were they struggling to pay the debt off pre covid too?? oh dear...

[lthtrust] 02/9/2021 15:17

Cineworld's debt is unsustainable at current levels of revenues and admissions, which explains it's non-investment grade 'junk' status. Do not forget that debt is higher ranked than shareholders equity when it comes to administration. The problem is also that cineworld only made a profit after tax of around 5% of revenues in 2019. Pre covid the 2019 profit after tax was down significantly from 2018 to 2019 (from $284.3 million to $180.3 Million). The trend would most likely have continued without Covid, thanks to streaming.

[oilisgold] 02/9/2021 13:19

Debt is good. These days its the norm.

[oilisgold] 02/9/2021 13:18

All shares have armchair CEO. Sadly this share has armchair CEO that are mostly at University. Love it

[john09] 02/9/2021 09:45

There’s a very poor / weak level of bears seem to follow cineworld ive noticed

[millenniallnvestor] 02/9/2021 09:43

meh indeed, witches chest chart before the debt takes over

[srpactive] 01/9/2021 21:13

A close above so I am happy for one.

dyor

[forfaiter1] 01/9/2021 16:47

Well flu has not stopped people going to the cinema.....the same will happen with covid with the vaccine roll out completing.....all down to Q4 now and with the big film releases going ahead....then debt interest payments on debt will be covered....imo

[john09] 01/9/2021 16:45

Meh

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john091 Sep '21 - 10:40 - 7754 of 7760 Edit

I think you have to wait for closes before you get excited on prices because it can fly up and close flat as a witches tit

[lthtrust] 01/9/2021 16:40

Will there ever be an after Covid ? or will it be like the flu, but worse ? Cineworld had a lot of debt after the Regal takeover, they have since taken on over $1 Billion of extra, mostly expensive, debt as a result of covid/coronavirus. There is a reason why the Cineworld/Regal bonds are non-investment grade i.e. 'Junk' status.

[srpactive] 01/9/2021 15:42

L

I think the city may be attempting to price stock after covid.

dyor

[lthtrust] 01/9/2021 15:37

Borrowing money to pay expensive debt interest amongst other liabilities is never good longer term. The fact that cineworld borrowed another $200 Million in July 2021 gives an indication that things are not going well with achieving close to 2019 revenue levels. The current box office totals are also looking weak.

[srpactive] 01/9/2021 13:35

I was ticked down on my last comment, it was humour, good god.

[7rademark] 01/9/2021 13:11

A clear 10% for traders for here, little resistance at 78p so worth buying for 100p imv

[srpactive] 01/9/2021 13:09

Strap yourselves in we are going fast and furious, see what I did there?

dyor

active

[john09] 01/9/2021 10:40

I think you have to wait for closes before you get excited on prices because it can fly up and close flat as a witches tit

[7rademark] 01/9/2021 10:36

This looks interesting , share price has broken out of its recent July to Sept consolidation with a clear run to 78p

[wall street trader] 01/9/2021 10:32

I've invested in these within the last week for a longer term play - reckon will double my money in five years and am prepared to wait it out - not bet the kitchen sink but enough to enjoy the profit

[srpactive] 01/9/2021 10:25

j09

Small steps lead to better things, once 67.48p
is closed above next target 78p.

dyor

active

[john09] 01/9/2021 10:14

I can’t get excited about “67.48p” myself lol

Looks good