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Bullboard - Stock Discussion Forum Cineplex Inc T.CGX

Alternate Symbol(s):  T.CGX.DB.B | CPXGF

Communication Services
Cineplex Inc. is a Canadian brand that operates in the film entertainment and content, amusement and leisure, and media sectors. The Company's segments include Film Entertainment and Content, Media, and Location-Based Entertainment. It offers over 170 movie theatres and location-based entertainment venues. In addition to being a film exhibitor, the Company operates Canada's destination for Eats... see more

Bullboard (TSX:CGX)

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Post by SIGG1on Oct 10, 2020 8:19pm

Scotiabank: we estimate thatCGX has sufficient liquidity

Latest Research (October 06, 2020):OUR TAKE: Negative.We have reduced our estimates and target price from $14 to $11 due to the delay ofseveral Q4/20 major film releases to 2021. With the lower ...more  
281
Discussion
Comment by iqw_rockson Oct 10, 2020 7:12pm

RE:Cgx 485 holly molly

matbe when its under a buck imo.  that's a big MAYBE, and not about the under a buck part but the buy part.
103
Discussion
Comment by iqw_rockson Oct 10, 2020 6:56pm

RE:Under $4.00, then $3.00, then $2.00, then $1.00

You pretty much hit the nail right on the head.  This one is toast imo.  I'll be suprised if the sp remains above $1 next time they go looking to raise and they will need to no doubt ...more  
111
Discussion
Post by mingzhuon Oct 09, 2020 9:53pm

2 more things will move SP down further

1, incoming bad financials on Nov 12 2, tax loss selling. it is very likely Sp may go under $1 by the end of 2020. however bankruptcy is not likely in short term because the recent finacing. i am ...more  
223
Post by mingzhuon Oct 09, 2020 9:32pm

cinemas shut down again as of Saturday for 28 days

https://www.bnnbloomberg.ca/restaurants-cinemas-gyms-ordered-closed-as-ontario-wrestles-covid-19-hotspots-1.1506069
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Comment by pissed_investoron Oct 09, 2020 6:35pm

RE:Now Oversold?

No.  This pig is dead in the water.  Nothing left for shareholders.  Guaranteed.
66
Discussion
Comment by Notgnuon Oct 09, 2020 4:31pm

RE:Now Oversold?

I have the same thought but will only look at a punt in the low $3.00 range. More pain to come IMO. GLTA, Notgnu
70
Discussion
Post by SIGG1on Oct 09, 2020 2:31pm

Now Oversold?

The share price is now so low that contrarian investors might want to consider a bet on a takeover. Cineworld had agreed to buy Cineplex for north of $30 per share late last year. The pandemic killed ...more  
201
Discussion
Comment by Brandonrron Oct 09, 2020 10:11am

RE:RE:RE:More releases cancelled

its about the experince and needing a night out every now and then. I don't see this going anywhere if they can survie the pandemic. 
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Discussion
Comment by flamingogoldon Oct 08, 2020 8:07pm

RE:RE:More releases cancelled

Hollywood studios may learn from this experiment that big screens are irrelevant now. Perhaps a 2-tier business evolves from this where the consumer can visit a theatre at current rates or stream a ...more  
101
Discussion
Comment by Brandonrron Oct 08, 2020 12:56pm

RE:More releases cancelled

noone wants to release movies now due to noone going to the movies but if they can survive until a vaccine movies will flood into theatres and alot of marvel movies are due 2021 which seem to do well ...more  
104
Discussion
Comment by BoredDeveloperon Oct 08, 2020 12:28pm

RE:how long can Cineplex last in this current environment?

I don't think it's a question of time, at least in the usual way.  If there is any hope I'd guess that'll become clear (or not) in the next month or two. Assuming they're not ...more  
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Discussion
Post by Brandonrron Oct 08, 2020 10:48am

how long can Cineplex last in this current environment?

I am wondering how long people think they can survive until bankruptcy 
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Discussion
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