Cineworld Share Discussion Threads

[bricktycoon] 16/3/2020 10:45

Zero pence coming today get out while u can this has zero value for shareholders massive debt 3.4 billion days left here

[bricktycoon] 16/3/2020 09:04

This is bust death spiral towards o pence coming 3.4 billion debt game over the cinemas are dead get out if u still can sell sell sell covid 19 the final nail in the coffin the final curtain zero value for shareholders

[john09] 16/3/2020 08:50

Yep What a mess

[remarkomsoc] 16/3/2020 08:49

Would your average banker pay £5 for a bag of minstrels?

[bricktycoon] 16/3/2020 08:37

This is bankrupt sell while u still can op today the debts are out of control so is covid 19 the cinemas are empty sell sell sell get out while u can 3.4 billion debt death spiral to zero

[bricktycoon] 16/3/2020 08:09

Op comin today flash crash imminent sub 10 p massive debts and out of control covid final curtain here get of if u still can

[n0rbie] 16/3/2020 07:59

I don't see how Cineworld can survive at this point.

[snoopy12] 16/3/2020 07:55

If banks start putting all these companies in trouble into administration, surely then the banks will be looking for government bailouts.

[bricktycoon] 16/3/2020 07:23

This is bust massive gap down on open sub 10 p. With no one in the cinemas due to covid 19 which is out of control this has days left. Sell sell sell. The debt of 3.4 billion the killer get out if u still can this is going to zero pence zero value for shareholders the final curtain is today bankrupt within hours

[remarkomsoc] 16/3/2020 06:53

Death by wokeness, shocking

[remarkomsoc] 16/3/2020 01:53

I have seen it being delivered in huge bags

[gisjob2] 16/3/2020 00:50

Simple, it's a different country with a different government. I'm not saying there will be no help, just probably not enough to save this debt burdened mess. Why risk investing here when there are so.many better so called 'cheap' companies with much less debt and of more value to the country.

[whiskeyinthejar] 16/3/2020 00:16

Why should a cinema in Germany get all the support it needs, but not here?

We can afford it, if Germany can. Printing money doesn't cost the taxpayer, and wont be inflationary in a recession or slow down. And it's normal to print new money when you lend.

Shops, hotels, airlines, gyms, pubs and restaurants face ruin if told to close. They all contribute to the economy- keeping the money circulating, paying for health and other critical things.

If you let 20% of economy die, the other 80% will then suffer because they have less custom. So it's critical to keep the retail, hospitality and leisure industries going. Especially if we are talking about a temporary problem as virus eventually subsides.

Really if cineworld was the only company losing money cos of corona, I'd see no action. But the problem is so big that its going to need drastic action.

And worst of all, if Boris doesn't get busy, economy will grind to halt and he's not going to get re-elected.;)

[gisjob2] 15/3/2020 23:31

It all comes down to the value of the business to the country, as it's our money. When the Canada deal is complete how much of the business is here and how much in the US and Canada?. How critical is a cinema business to the taxpayer ?. The government cannot bail out all companies to the amount needed here. Some hard choices to be made !

[whiskeyinthejar] 15/3/2020 23:09

UK Government are Tories, they are unlikely buy a stake in anything. Government owning businesses is like socialism.

But there's other things. The German government is offering unlimited credit to ALL companies. Even cinemas! I bet a refinance at cheap rates would go down a storm at Cineworld Towers .

And German government are offering the opportunity to defer billions in tax.



It's not credible that government would let like maybe half of business go bust without doing EVERYTHING possible to prevent that.

[whiskeyinthejar] 15/3/2020 22:53

It won't be last move by fed. Germany has promised unlimited business loans. I can't predict exactly what action UK will take, but they will make significantly moves to help business hurt by coronavirus. Absolutely no doubts.

[bricktycoon] 15/3/2020 22:24

This is bust huge out of control debt and no one in any cinemas final curtain massive gap down in the morning sub 10 p then death spiral to zero final curtain zero value for shareholders I still can't believe something distressed has any chance of survival in this new covid 19 carnage world this hugely bankrupt 0 p coming this week the credit markets are serious trouble here never mind cineworld bust 100 percent

[werethereisawill] 15/3/2020 22:19

Sorry have to say goodbye to this website
I just read a down right lie re cineworld not popping corn on site !
Obviously no checks being made on what people have to say
Always freshly popped on site
I’m not selling !!!

[tomboyb] 15/3/2020 22:09

FED at 0% or thereabouts -

If this is it and this does not work with 700bill in stimulus then all bets are off -

Everything -

[tomboyb] 15/3/2020 22:07

Virus to last till 2021 -

"Lots" of companies will go bust!

[bricktycoon] 15/3/2020 22:02

This is bust do u think the government will put one penny in to a cinema that has amassed such huge debts 3.4 billion what have u been smoking. Massive gap down in the morning sub 10 p then on to zero. The cinemas are empty and the banks want there money the final curtain as they say in the industry.zero value for shareholders all blockbusters gone lights out on cineworld sell sell sell if u get a chance before 0 p