Cineworld Share Discussion Threads

[henchard] 28/7/2023 16:14

I'd imagine after hours (or first thing Monday) an RNS from CINE confirming the High Court in London has granted the administration order.

[hpcg] 28/7/2023 11:52

100% loss for holders. I guess a mix of deluded long terms, those that dipped in a toe on the way down, and ill-timed traders.

[werethereisawill] 28/7/2023 11:49

The graph reminds me of Flatlineres the movie

[werethereisawill] 28/7/2023 11:48

Will
One tip for Oppenheimer
Remember black and white scenes are from Strauss point of view while the colour scenes are from Oppenheimer’s point of view !

[werethereisawill] 28/7/2023 11:38

Skinny
And the unlimited card works with that too

[pwhite73] 28/7/2023 10:51

loglorry 1 - Yes if the High Court grants the administration order then its all over for CINE shareholders. However I do believe they are having a tough time preparing the administration application that's why its taken until the very last day of July. They've even had to thrown in the extra £250 million credit facility to try and persuade the court.

[williamcooper104] 28/7/2023 10:30

Now my local cinema is Everyman which is good but a little pricy - I've a Vue not to far away with is now v cheap for London - about £7 per ticket

[williamcooper104] 28/7/2023 10:28

That's not bad

[williamcooper104] 28/7/2023 10:28

I used to have it; it was my hangover sleep cure when I had the misfortune of working in Canary Wharf as a graduate trainee for a while; would skip into work show the face bright and early and then crash in Cineworld It's great, saw loads of movies that I wouldn't have bothered with if I had to pay per movie

[skinny] 28/7/2023 10:10

William - a bit academic ATM, but I took out a one night travel insurance policy with compare the market for £1.10p.

That gives me 2 for 1 cinema tickets on Tuesdays & Wednesdays for a year.

[dil 21] 28/7/2023 09:58

They won’t.

[loglorry1] 28/7/2023 09:47

"Will see Openheimer soon" I was dissapointed in Op. It was a bit too complex and long winded. Intersting but not entertaining. Stick with Barbie. I mean Margo is always good value - better in Wolf of Wall St.

BTW I'm reliably informed at least one short closed CINE out at 0.05p today - practically zero. On that basis the bulls have to admit they got it horribly wrong.

[werethereisawill] 28/7/2023 09:33

Will
It’s a no brainer get the Unlimited card if you intend to watch two a month

[williamcooper104] 28/7/2023 09:10

I did watch it - remarkably enjoyable 90 minute advert for Martel - still at least there was no other product placement - remarkably it's relaunched what was a basically dead Barbie Will see Openheimer soon Look forward to seeing many more movies in the cinema - the best will thrive

[monte1] 28/7/2023 08:53

#16730

The latter.

[ckafetz] 28/7/2023 08:52

Will the new Cineworld company be available to buy shares in or will it just be in the hands of the new owners to start with?

[kemche] 28/7/2023 08:51

They should have employed Prompt Services.

[bbmsionlypostafter mk2] 28/7/2023 08:49

Wow!

Who could have foreseen this?

[dkit666] 28/7/2023 08:46

The Cineworld cinema chain has secured a new revolving credit facility of $250 million as part of its restructuring process.The restructuring will "transform the group's balance sheet and provide it with significant additional liquidity to fund its long-term strategy," Cineworld said. It will involve the release of approximately $4.53 billion of the group's funded indebtedness, the execution of a rights offering to raise gross proceeds of $800 million and the provision of $1.71 billion in new debt financing, which "includes a new revolving credit facility of $250 million that has been secured since the company's previous announcements," the group revealed in a statement on Friday. The restructuring does not provide for any recovery for holders of Cineworld's existing equity interests, the group said.

[monte1] 28/7/2023 08:33

#16724

It won’t be re-opening for trading of its shares after suspension. It is done in its present form. What is wrong with you?

[werethereisawill] 28/7/2023 08:32

Will
It’s all JakNife’s fault !!
Hmmm for keeping it civil
Now you all have time to go watch Barbie !!

[amishp67] 28/7/2023 08:30

I think it will open over 1p..don't think it's done yet

[monte1] 28/7/2023 07:54

LOL

Should ‘have’ btw