Cineplex Inc T.CGX

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

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 & Entertainment (The Rec Room), complexes specially designed for teens and families (Playdium), and an entertainment concept that brings movies, amusement gaming, dining, and live performances together under one roof (Cineplex Junxion). It also operates businesses in digital commerce (CineplexStore.com), alternative programming (Cineplex Events), motion picture distribution (Cineplex Pictures), cinema media (Cineplex Media) and digital place-based media (Cineplex Digital Media). The Company is a partner in Scene+, Canada's entertainment and lifestyle loyalty program.

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Cineplex Inc > ...BE PATIENT

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Comment by gasholeon Dec 23, 2020 8:55am

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Post# 32167912

RE:RE:...BE PATIENT

Are you doom and gloom everywhere you go? Sale of downtown headquarters and lease back gives them enough cash to ride this out. They are burning cash right now, but now have the liquidity to ride it out..

BlueGuitar1 wrote: You sound desparate and scared.

The reality is that there will be no shows in any theatres for a long time. Any company can go under. The shares are delisted and then new shares are created for the "new" company. Old stock holders get nothing. That is how it works.

RANDMASTER wrote:
It may take to spring but by then the SP will be around $20,00.

They will not go under and the demand will be there when things finally open up again.