Share Name Share Symbol Market Type Share ISIN Share Description
Cineworld Group Plc LSE:CINE London Ordinary Share GB00B15FWH70 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.90p -0.36% 248.00p 249.10p 249.40p 250.80p 247.90p 249.60p 12,998,439 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 3,230.0 273.7 17.6 13.7 3,400

Cineworld Share Discussion Threads

Showing 1676 to 1697 of 1900 messages
Chat Pages: 76  75  74  73  72  71  70  69  68  67  66  65  Older
DateSubjectAuthorDiscuss
27/1/2018
22:29
Can someone explain what is required of a minor shareholder with regards to the rights issue. Will I be expected to purchase 4 shares at 1.57 each for each current share that I hold.
ianian4
25/1/2018
12:57
Hi, Yes depends on foreign exchange deal with them yes. Cant find any detail on it though. Yes moving forward $ income is worth less. As with most currency moves - they dont add or substract much in the long term.
mozy123
25/1/2018
12:02
"$ weakness is making thier regal purchase cheaper" That depends on their foreign exchange arrangement with Barclays. Perhaps a gain for Barclays? Wouldn't a weaker $ make their $ income worth less?
typo56
25/1/2018
08:57
Looks great value now. Cineworld p/e of 13 times forward, and 4% yield. $ weakness is making thier regal purchase cheaper. Good times.
mozy123
23/1/2018
16:08
The existing shares are very volatile because they are heavily geared to the rights. This means a 5p move in CINE now represents just a 1p move in the ex-rights price.
typo56
23/1/2018
15:42
With the big drop in the price since the rights issue details were announced, the theoretical ex-rights price would be around 222 if calculated today, compared to the 238 when details came out. Not the end of the world, but the rights issue discount @ 157 is shrinking by the day
nav_mike
23/1/2018
10:58
When searching for the Rights Prospectus I found the Prospectus for the rights issue from Jan 2014 relating to the acquisition of Cinema City. That was 8 for 25 @ 230p. Sometimes I wonder if these 'deals' aren't egged on by the corporate advisors, with their lucrative fees!
typo56
23/1/2018
10:32
philanderer - global city only own 28% so other shareholders could block it. Some have said they will vote against.
trytotakeiteasy
23/1/2018
10:29
Not much chance of that.. "Global City Holdings B.V. (the "Major Shareholder"), which holds in aggregate 76,626,344 Ordinary Shares as at the Latest Practicable Date (representing 28 per cent. of the Company's existing issued ordinary share capital) has agreed to take up its full pro rata entitlement under the terms of the Rights Issue, in order to maintain its shareholding in Cineworld and, following completion of the Acquisition ("Completion"), the Enlarged Group." 31 January 2018 (the "Record Date") ("Qualifying Shareholders"). The offer is to be made at 157 pence per New Ordinary Share (the "Rights Issue Price"), payable in full on acceptance by no later than 11.00 a.m. on 19 February 2018. HTTPS://www.investegate.co.uk/cineworld-group-plc--cine-/rns/rights-issue-announcement/201801170709000992C/
philanderer
22/1/2018
18:31
So if shareholders vote no then the rights issue and the takeover both don't go ahead????? Given the share price reaction why would anyone vote yes??? What day are the shares ex-rights???
trytotakeiteasy
22/1/2018
18:17
Yes at a General Meeting on 2nd february
philanderer
22/1/2018
18:14
Don't they have to do a shareholder vote before the Rights Issue????
trytotakeiteasy
21/1/2018
13:23
"If USA stockmasrket contracts then this purchase looks expensive IMV" Doesn't everything?
ianood
21/1/2018
10:11
No sign of a picket line at the Shaftesbury Avenue Picturehouse yesterday. We were walking past on our way to the Curzon to see 'Three Billboards Outside Ebbing' Top film :-)
philanderer
20/1/2018
12:33
according to Hackney only Ritzy closed. On face of it BECTU have indulged in wishful thinking, but who would check? Are BECTU a recognised by CINE as a TU? If USA stockmasrket contracts then this purchase looks expensive IMV.
bscuit
19/1/2018
19:19
Apart from stamp duty and dealer commission (which are worth saving) and assuming the market were to remain static, it doesn't really make any difference if you buy shares in the market now, or acquire via taking up the rights, or purchase the tradable rights and take up the rights, or just acquire the shares cheaper after the ex-rights date. The rights don't actually give existing holders a 'special deal' as any apparent price advantage is offset by the fall in their qualifying holdings on ex-rights day (the theoretical ex-rights price being the no win, no lose level). Which is why I consider rights issues a devious blag for more funds!
typo56
19/1/2018
17:21
AndrewBaker Interesting post and explanation of your strategy. Though you say you will average down when the fall steadies, you do not say whether you will be participating in the hefty rights issue. If you are not going to do that - at a substantial discount to the theoretical ex-rights price of 238p - then I struggle to follow your reasoning. After all, surely that would be the best strategy.... though maybe that is indeed your plan, as it would also prevent your holding being diluted post rights (assuming you take up your full entitlement).
grahamburn
19/1/2018
16:52
Once the deal has completed and any rights issue overhang has cleared, Im pretty certain CINE will be an excellent addition to anyone's portfolio
nav_mike
19/1/2018
16:08
My post 1543 on here shows that I've been a holder for some time: and I'll continue to hold, and once again, when the fall steadies, and the price starts to move back up, albeit not for a while, I'll average down again and buy more. I'm still in capital profit from earlier purchases, plus I've enjoyed the dividends over my holding period. The market is spooked by the massive acquisition and possible dilution from a cash call or borrowings; but I've got faith in what is being done, and will continue as a shareholder in what I believe to be a good business, and with so much more growth potential when the US deal settles. (And, repeating from my previous post, CINE are getting people to spend more, and moving their proposition upmarket.)
andrewbaker
17/1/2018
14:14
Mozy123... They have assumed $100m "in run-rate EBITDA combination benefits".
hammers976
17/1/2018
11:52
What is the actual cost of this take over? £1.7bn rights, £3bn debt, + balance sheet cash (x) Regal makes £468m ebitda so I cant work back how Cineworld have stated they are buying it on an 8x ebitda multiple? Anyone help? Or is the costs savings in there? 5 February 2018 is the start of trading of the rights so i guess that when i will be able to see if the volitility creates a further opportunity. If the combined can hold a valuation of 16-17 times earnings then there is some blue sky in the months ahead. On 5 December 2017, Cineworld and Regal announced that they had reached agreement on the terms of a proposal for Cineworld to acquire, for cash, the entire issued and to be issued share capital of Regal. The Acquisition will be at a price of US$23.00 per Regal share, which values the entire issued and to be issued share capital of Regal at US$3.6 billion (£2.6 billion), with an implied enterprise value of US$5.8 billion (£4.2 billion).
mozy123
17/1/2018
11:08
Expect CINE will be quite volatile up to XR date, given the gearing of more than doubling the market cap.
typo56
Chat Pages: 76  75  74  73  72  71  70  69  68  67  66  65  Older
Your Recent History
LSE
CINE
Cineworld
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190724 02:40:47