That's double your money at C$11.69 (at post) if it goes through.Investors also think Cineplex will cancel their monthly $0.15 per share dividend in their next ER that they delayed until June 29, 2020.Investors are discounting Cineplex's possible rise of online movie rentals to offset their onsite losses.The odds don't get better than this but do your Due Diligence before investing.#StockPick $CGX -- #ShakingTheTree with #Shorts hitting all the #Bulls #StopLoss down. Meme Saturday.
Any movie that will not respect this window will not be shown in Cineworld group,” Mooky Greidinger, Cineworld’s chief executive, said on Wednesday.AMC Theatres (originally an abbreviation for American Multi-Cinema; often referred to simply as AMC and known in some countries as AMC Cinemas or AMC Multi-Cinemas) is an American movie theater chain headquartered in Leawood, Kansas, and is the largest movie theater chain in the world. Tim Hortons is available as a full-service restaurant in five locations,[75] with Brossard being the only location to offer both Tim Hortons and Starbucks.In most theatres, Cineplex offers sale of alcohol to 19+ guests in Ontario (18+ in Alberta) similar to the VIP theatres albeit from a selection of beer or cider beverages.If Aurora Cannabis (ACB) & Cineplex (CGX) partnered up to offer CBD & THC infused Cannabis 2.0 edibles in movie theaters, especially the IMAX & 3D ones, it should do very well. The group’s primary brands are Regal (in the US), Cineworld and Picturehouse (in the UK & Ireland), Cinema City (throughout Europe) and Yes Planet (in Israel).Fingers crossed that it’ll be safe to step into a theater this summer. Don't hesitate to tell us about a ticker we should know about, but read the … Another great medium risk but high potential return stock. They need to upgrade the internet infrastructure to 5G & Fiber Optics before it can really grow in my opinion -- especially buffering 4K & 8K movies & future tech that will only require more bandwidth going forward.Younger people are not afraid of Covid19 like the older crowd. The debt might balloon past the threshold with a further lockdown extension.P/T employees laid off in Canada & USA. The stock has taken a beating because of Covid19 & movie theater closures.Investors think Cineworld's C$34/share buyout offer will be cancelled, yet Reuter's reported, "Cineworld Says No Change In Co's Position On Cineplex Takeover Since March" on April 7. “This offer will provide unitholders who desire liquidity an opportunity to sell their stock at a premium to the market price, while preserving BPY’s liquidity,” said Brian Kingston, Chief Executive Officer. Posted by 5 days ago. Amazon would then control Hollywood! CINE should've waited because Canada regulators may have rejected the deal anyway.May 28, 2020: Cineworld $CINE (LSE) gets cash boost, targets July to reopen theatresPress J to jump to the feed.
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At current prices, Dividend yield is about 13% per year.We are all social creatures & want to go to movie theater as a social activity, to see & be seen; otherwise, why would Drive In Movie theaters boom during Covid19?If no one goes out to be seen anymore, then all the Vanity Goods & Services will go under too & we will all dress in sweat pants & T-Shirt -- no need for designer suits & dresses working & staying at home. This can seem very confusing at first. VIP Cinemas and some Xscape locations feature a licensed lounge with more premium offerings compared to Outtakes. One of the best movie chains in the world, from my experience.Congratulations Longs, don't get too greedy & take some profits, so you can't lose. Press question mark to learn the rest of the keyboard shortcuts