Cineworld Share Discussion Threads

[bricktycoon] 14/3/2020 02:59

Public gathering ban imminent this is bust with debts out of control and cinemas with no one in them this has days left. Huge gap down on Monday sub 10 p then on to 0 p this has no value for shareholders. Covid 19 is out of control so is cineworlds cash burn sell while u still can .

[werethereisawill] 13/3/2020 18:13

Football goers can go to the movies for a change

[bricktycoon] 13/3/2020 17:20

This is going bust next week massive gap down monday sub 10 p coming

[philobeddoe] 13/3/2020 16:52

I genuinely feel sad for Cineworld. They have lovely cinemas and I sincerely hope they don't go under. Could be a huge rise in the share price from these levels if they survive the virus.

[glenowen] 13/3/2020 16:42

Have you shorted this share, by any chance?!

[bricktycoon] 13/3/2020 16:15

Banks want there money next week this is going to to zero in a straight line get out while u can covid 19 and debt final nail in the coffin

[bricktycoon] 13/3/2020 16:05

Zero value for shareholders 0 p next week get out while I can ban on public gatherings imminent bankrupt

[bricktycoon] 13/3/2020 15:58

This bust covid 19 is the final nail in the coffin ban on cinemas comin in days game over monster debt game over

[glenowen] 13/3/2020 15:57

I think it's the lowest for many, many years! If there is a ban on all public gatherings soon, I think Cineworld will go under. No way can they service the ridiculously high levels of debt taken on, if takings through the cinemas stop for an undefined period of time - which is entirely possible given all the recent sporting cancellations. I note that Mr Greidinger, the other day, said that he "wasn't worried" about the high debt levels in the present, unprecedented situation. Well, he should be bloody worried!

[bricktycoon] 13/3/2020 15:50

This is bankrupt zero value for shareholders banks want there money sell while u can bust next week

[inthemix] 13/3/2020 15:41

52 week low finish I think.

[chesty1] 13/3/2020 15:14

With films being delayed & nobody soon to be going to the cinema for some time this is surely a very high risk gamble at the emo ?

[werethereisawill] 13/3/2020 12:35

Bo90
I can assure you ‘de contaminating ‘as you put it is happening
Go and enjoy your movie plenty of social distancing !
PS and if you book on line you don’t have to interact with anyone .They zap your qr voucher at the door

[philanderer] 13/3/2020 12:29

I'm going to the cinema tomorrow.. "Portrait of a Lady on Fire"

[ny boy] 13/3/2020 12:18

Heavy debts could kill this one off

[growthpotential] 13/3/2020 12:11

Look gents, this is business, DONT be all so gloomy. People go cinema. Cine delivers, que passa? This virus will all be forgotten in few months

[goodnight1] 13/3/2020 11:55

Cineworld Group plc (the "Company") announces that Dean Moore, Independent Non-Executive Director of the Company, has been appointed to the Board of Dignity plc as a Non-Executive Director with effect from 11 March 2020.
Do you think he will combine both companies?

[bo90] 13/3/2020 11:35

2 weeks ago i waited for 10 mins to get service for coffee and sweets. staffing at a large 14 screen multiplex is diabolical in normal times, so i don't have much hope that de contaminating will be happening. i just can't understand why a massive company skimps on staff levels

[formula1187] 13/3/2020 11:28

cine market correction back uo she goes

[ozzmosiz] 13/3/2020 09:42

People are sick of hollywood?
Tell that to the $1b+ films :)

[robertball] 13/3/2020 08:25

Going to the lenders this one

[williamcooper104] 13/3/2020 08:23

That's true But people will get back to cinema before that The show must and will go on - just not necessarily in Cines case with current equity

[masurenguy] 13/3/2020 07:54

The risk of British businesses collapsing as a result of coronavirus was thrown into stark relief yesterday as two companies said that their futures could be imperilled by the pandemic. Cineworld and Tullow Oil both warned of "material uncertainty which may cast significant doubt" on their ability to continue as going concerns. Both are heavily indebted and said that in worst-case scenarios the financial impact of the virus could cause them to breach debt covenants, putting them at the mercy of their lenders. The Times, 13/3/20