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 Shares Traded Last Trade
  -0.05 -1.44% 3.432 3,029,252 09:41:52
Bid Price Offer Price High Price Low Price Open Price
3.401 3.49 3.60 3.432 3.60
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 1,334.67 -523.77 -30.47 47
Last Trade Time Trade Type Trade Size Trade Price Currency
10:27:58 O 574 3.4612 GBX

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Date Time Title Posts
13/1/202309:21🎸The busking loser 🎸6
22/8/202215:46Where there is a will2

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Posted at 27/1/2023 08:20 by Cineworld Daily Update
Cineworld Group Plc is listed in the Travel & Leisure sector of the London Stock Exchange with ticker CINE. The last closing price for Cineworld was 3.48p.
Cineworld Group Plc has a 4 week average price of 2.90p and a 12 week average price of 2.90p.
The 1 year high share price is 42.15p while the 1 year low share price is currently 1.80p.
There are currently 1,372,169,710 shares in issue and the average daily traded volume is 8,538,909 shares. The market capitalisation of Cineworld Group Plc is £47,092,864.45.
Posted at 10/11/2022 11:46 by werethereisawill
The landlords own the cinemas not Cine !
Most of them anyway !
Other businesses nearby rely on a busy cinema !These businesses in turn are most probably owned by the same landlord.
The judge has to bare this in mind !
I think chapter 11 should include the banning of shorting of Cine shares during the process at the very least !

Posted at 09/11/2022 10:34 by pwhite73
Due to Covid-19 there are not the films released to bring audiences back to pre-Covid levels yet. Furthermore CINE share price is not reflecting lower audience figures but that the company is going to wipeout equity holders. When it becomes evident the Greindinger brothers are not going to dilute their 20% stake the share price will recover.
Posted at 09/11/2022 08:26 by loglorry1
No change there and I include myself as still learning a lot.

Results from AMC were pretty grim last night. I guess that has knocked CINE price today but it has no bearing really as the value in current CINE equity is zero already.

Posted at 08/11/2022 10:46 by pwhite73
privileged - "This is a UK listed company"

But the Chapter 11 has been filed in the US and all the protections the company has in the US applies to this country that's why the shares have not been suspended. As far as I'm aware the troubles are not in this country but in the US and in particular the purchase of Cineplex that has been put on hold by the courts for now.

truant2tb1 - "Do you realise the size of the Cine liabilities vs assets?"

That's because governments shut cinemas during Covid for nearly two years. I reiterate the hearings are taking place in US courts and what happened during Covid is central to the judges decisions. I do not personally see the lenders owning any substantial part CINE and basically they don't want to. What the lenders want is their money back.

In my opinion CINE will be given the leeway to trade its way back to profitability. This will include closures of some cinemas as already detailed by the court last night and sales of some cinemas. One must also not forget that block buster movies have recently been released and due for release.

At the moment the price is just a battle between longs and shorts but as the creditors hearing approaches the longs will get the upper hand as the court has already indicated its intentions to keep the business alive and protect as many jobs as possible.

Posted at 08/11/2022 09:26 by pwhite73
Films take about 2 - 3 years to make so during Covid restrictions no films were in production and those that started prior to Covid had to pause. Therefore there is a death of new films at the moment. The news from the US courts last night was good. CINE can exit its unprofitable leases at the expense of the landlords.

Unlike the UK courts the US courts are supportive of struggling businesses. CINE is in this mess because of Covid. In my view the US courts will allow CINE to restructure and trade its way to profitability without substantial dilution to shareholders. The lenders will just have to wait.

At the moment the share is a roller coaster between longs and shorts. There is a creditors meeting on 17/11/2022 for which the courts will be supportive of CINE again and the shorts will need to close well ahead of this.

Posted at 04/11/2022 16:11 by truant2tb1
Ah here we goThe collapse on the CINE share price is due to the SHORTS is it?! Would have nothing to do with gross mismanagement of debt and corporate greed would it?!Pathetic
Posted at 04/11/2022 02:06 by lthtrust
Have you been asleep ? Cineworld are bust. They have entered chapter 11 BANKRUPTCY protection:
"7 September 2022-LONDON-Cineworld Group plc and its subsidiaries (the "Group") (LSE: CINE), a leading cinema operator in 10 countries including the United States and the United Kingdom with 747 sites and 9,139 screens globally, today announced that Cineworld and certain of its subsidiaries (collectively, the "Group Chapter 11 Companies") have commenced Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas (the "Court").".
@applied1 if you want a possible recovery stock, perhaps look at MMAG.

Posted at 28/9/2022 17:03 by henchard
No surprise that news Cineplex is talking to Cineworld's debt owners has had zero impact on CINE's share price (aka equity owners)!
Posted at 28/9/2022 12:22 by pwhite73
loglorry1 - I'm not convinced you actually know what's going on and perhaps comparing CINE with other UK administration companies.

CINE has three divisions the US, UK and ROW. Only the US and UK are effected by the C11 and deleveraging not the rest of the world. It is the intention of CINE to restructure in the US using real estate.

RNS 07/09/2022 - "As part of its restructuring process, Cineworld expects to pursue a real estate optimisation strategy in the US and intends to engage in collaborative discussions with US landlords to improve US cinema lease terms in an effort to further position the Group for long-term growth."

It is the intention of CINE to restructure in the UK if they do at all using a Scheme of Arrangement though nothing has been finalised. Think Amigo.

RNS 07/09/2022 - "Given the international nature of the Group's business, certain aspects of the de-leveraging transaction to be pursued in the Chapter 11 cases may require ancillary implementation proceedings beyond the Chapter 11 cases...."

"However, the possible ancillary implementation proceeding that may be used by the Group in this case could include, among other things, a restructuring plan or a scheme of arrangement under Part 26A or Part 26 (respectively) of the UK Companies Act 2006, or other ancillary proceedings in the UK or other key jurisdictions alongside the Chapter 11 cases in order to achieve the objectives of the restructuring. A further update on this point will be provided in due course."

Posted at 15/9/2022 11:07 by kurdmam63
Citigroup Inc. Reaffirms Buy Rating for Cineworld Group plc (CINE)
September 7th

Cineworld Group plc (LON:CINE)‘s stock had its “buy” rating reissued by equities researchers at Citigroup Inc. in a report issued on Monday, reports. They presently have a GBX 720 ($10.93) price objective on the stock. Citigroup Inc.’s target price suggests a potential upside of 24.46% from the stock’s current price.

Several other research firms also recently commented on CINE. Investec raised their price target on Cineworld Group plc from GBX 600 ($9.11) to GBX 660 ($10.02) and gave the company a “buy” rating in a report on Friday, August 21st. N+1 Singer increased their price objective on Cineworld Group plc from GBX 600 ($9.11) to GBX 650 ($9.87) and gave the stock a “buy” rating in a research report on Wednesday, August 19th. JPMorgan Chase & Co. raised their price target on Cineworld Group plc from GBX 540 ($8.20) to GBX 600 ($9.11) and gave the stock an “overweight221; rating in a research report on Thursday, August 13th. Numis Securities Ltd reiterated an “add” rating and issued a GBX 625 ($9.49) target price on shares of Cineworld Group plc in a research report on Thursday, August 13th. Finally, Canaccord Genuity reissued a “buy” rating and set a GBX 540 ($8.20) price target on shares of Cineworld Group plc in a research note on Monday, August 10th. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of GBX 590.89 ($8.97).

Shares of Cineworld Group plc (LON:CINE) traded down 1.469% during midday trading on Monday, hitting GBX 570.000. 242,250 shares of the stock traded hands. Cineworld Group plc has a 1-year low of GBX 298.40 and a 1-year high of GBX 599.00. The company’s market capitalization is GBX 1.51 billion. The stock has a 50 day moving average of GBX 546.49 and a 200 day moving average of GBX 496.45.

The company also recently declared a dividend, which will be paid on Friday, October 2nd. Shareholders of record on Thursday, September 3rd will be given a dividend of GBX 5 ($0.08) per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a yield of 0.85%.

In other Cineworld Group plc news, insider Bloom,Anthony Herbert purchased 50,000 shares of Cineworld Group plc stock in a transaction that occurred on Wednesday, August 19th. The stock was acquired at an average price of GBX 591 ($8.97) per share, with a total value of £295,500 ($448,747.15).

Cineworld Group plc is a United Kingdom-based company that is holding. Company operates through two segments, which include Picturehouse and Cineworld Cinemas. The Company, along with its subsidiaries is engaged in the operation of cinemas. The Organization has a total of 1,858 totally digital screens. as well as 202 websites The Firm’s portfolio includes four out of the ten cinemas in the United Kingdom and Ireland.

Cineworld share price data is direct from the London Stock Exchange
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P: V: D:20230127 10:47:51