The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
Published 6 December 2017, 01:25
Almost everyone - apart from some cheapskate standouts or those lucky enough to have a next-generation home cinema capability - likes going to the cinema. In the wider scheme of things it is fun, inclusive and compared to many other trips out it does not completely trash the bank account (although the cost of a small plastic bottle of my favourite soda tipple Dr Pepper Zero was ludicrously expensive when I was stupid enough to buy one there). I have never owned Cineworld (CINE) but I have admired its progressive upgrades and solid management of my recent cinema and helped out by some half-decent blockbusters it has built up a solid position here and across various eastern European geographies. Cash generative, paid a dividend, growing market share...no wonder the share tripled between early 2013 and the middle part of this year. The recent share price chart has not been so hot though.
Published 13 September 2022, 09:40
We all agree that Cineworld (CINE) is bust, however, the shares are trading and currently have a value (3.80p at pixel, equating to a £52 million market cap). Obviously, if Cineworld goes into administration then it's game over and the shares will be worthless. But it's possible that there is a small amount of value left *IF* Cineworld successfully implements a debt for equity swap. This value is referred to as “frustration value” but Cineworld’s shareholders may not even have that anymore!
Published 4 May 2022, 11:28
The Mrs is threatening to take me on a hot date to see Downton Abbey at our local Cineworld (CINE). With a seventeen month old baby, any date will do. Even that one. But will even our custom be enough to save Cineworld’s shareholders from losing almost everything? Er…no. There is more bad news today, signs that Cineworld really is scrabbling round at the back of the sofa for any loose change.
Published 26 June 2023, 10:41
To be fair, Cineworld (CINE) has explicitly warned the fools who still own its shares that as part of the Chapter 11 process they are going to lose everything. None the less, flagging up to staff as we revealed HERE, some two weeks before you tell investors that the PLC is going into administration seems a bit naughty to me. But today came the formal fess.Published 6 July 2020, 09:16
Drowning in debt Cineworld (CINE) was in a hole when Covid struck. It had agreed the $2.1 billion purchase of the Canadian chain but with all of Cineplex’s theatres going darker than Justin Trudeau’s face on party night, thanks to the shutdown, and with Cineworld’s existing 787 theatres also shuttered, going ahead would have been financial suicide.
Published 22 August 2022, 10:01
This statement should have come out on Friday but Cineworld (CINE) likes to treat its shareholders in the way that dirty peasants deserve. So is the company going bust?
Published 3 July 2023, 16:01
I see that there are plenty of AIM suspensions for non-publication of accounts this morning, however the FCA has ignored the one main-market company that hasn’t published its accounts and for which it is responsible.Published 18 December 2021, 18:43
I trust that numerous warnings from myself and Lucian have allowed you to make good money from shorting Cineworld (CINE) all the way down. The shares have collapsed this week on news that it has lost a Canadian court case and is on the hook for C$1.23 billion but that merely accelerates the end game here. Do not even think of closing your short at 31p. My target is buttons. Post an inevitable debt for equity swap and bailout placing this is a penny share.
Published 1 November 2022, 13:51
There has been news but no RNS. So for 24 hours there has been a false market in Cineworld (CINE) with morons now buying the shares at c8p or higher. They are misunderstanding what has gone on in a void as Cineworld has issued no RNS statement. This is a regulatory disgrace, which again shames the FCA, but take advantage of it and short the feck out of the shares.
Published 24 February 2023, 10:24
I told y’all that this would happen numerous times and explicitly a couple of days ago after the latest Court hearings in the USA HERE. Today Cineworld (CINE) has stated, in no uncertain terms, that its shares are worthless under every scenario. Amazingly the shares are down by only 23% at 3.05p. Yes some folks are buying the shares!Published 23 July 2022, 16:31
It is hard to imagine a more perfect storm than the one that now faces Cineworld (CINE). I know Lucian and I have been telling you to short it for some while, and you will be well in the money if you have followed that advice, with the shares now just 21p. But that is 21p too high, and so it is not to late to open a short or to add to your position.
Published 13 June 2020, 16:30
Regular readers will know my long-term negative view on Cineworld (CINE). Was it really December 2017 that I first penned some caution on the name?...Yes it was as you can read here. Even with the recent comedy bounce, the shares are still down two-thirds in value since then which is not too shabby. So what to think now?...
Published 14 March 2019, 02:30
Judging by today's five percentage plus share price move, my cautious call on the big M&A splurge in the United States about fifteen months ago by Cineworld (CINE) is not looking so hot. Of course punch up a two or three year share price chart and you also immediately see the distorting (and dilutive) impact of the big money raising that accompanied the Regal deal...
Published 18 June 2023, 14:34
The most read non-Quiz, non-Tom article last week is by Malcolm Stacey, With Inflation Set to Drop, Headwinds May Turn into a One Big Tailwind for the Turgid Footsie, at No 9 or No 14 including Bearcasts.
Published 3 January 2023, 09:18
Maybe it is a New Year’s Resolution? Cineworld (CINE) appears to to have turned over a new leaf and is, via RNS, now giving some commentary on how its equity is slowly being destroyed completely via the Chapter 11 process that kicked off on September 7.Published 16 August 2013, 11:15
I wrote positively on shares in the largest cinema operator in the UK & Ireland, Cineworld Group (CINE) last month HERE at 355.5p. They have since risen further towards 400p and interim results released yesterday have drawn various broker reaction. The following updates…
Published 28 August 2013, 10:27
Following my update last week on Cineworld Group (CINE), the largest cinema operator in the UK, the shares have continued to advance (to a current 421p) and the company has today announced an expansion of its partnership with IMAX Corporation…
Published 7 September 2022, 17:15
Cineworld (CINE) has shocked nobody with half a brain or more by putting its US assets into Chapter 11 ahead of a “restructuring process”. Amazingly morons see this as good news! The shares were 25% ahead shortly after the RNS arrived. but are still 13% up at 4.4p. Madness. Cineworld is explicit about what is going on, stating:
Published 7 April 2020, 11:38
Shares in utterly bankrupt and worthless Intu (INTU) are up by 10% today. It is one of those days when folks just assume the best in everything. The worst recession since the 1930s, sod all earnings visibility, looming mass unemployment? Who cares? Just Fill Yer Boots! In that vein, shares in Cineworld (CINE) are up by 44% at 57p despite a dismal Covid update telling us nothing we need to know at all. Other than that the board are greedy bastards and you & I are subsidising that greed!
Published 1 November 2022, 16:30
Here it is in full. And to think some morons (who almost certainly have not read the court document below at all) think judgement yesterday is good news for Cineworld (CINE). As you can see, everything is up for sale and there is a strict six week timetable. At that point there will be sod all left for shareholders so it is a zero by Christmas. Enjoy.
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Friday »
Thursday »
Wednesday »
Time left: 07:36:00
