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Bullboard - Stock Discussion Forum Cineplex Inc T.CGX

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

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

TSX:CGX - Post Discussion

Cineplex Inc > News! Canadians returning to movie theaters...
View:
Comment by OkanStockMan on Aug 28, 2020 3:26pm
You had to be delusional if you actually thought people were afraid of leaving their houses outside of what you see on social media. Not that I think you did, but some on the board seem to.
Comment by Contrarian333 on Aug 28, 2020 3:31pm
Looking across the country on the Cineplex site it seems that Toronto Scotiabank, Vancouver Scotiabank, and to a lesser extent Ottawa are having the most success selling Tenet seats with a lower take up in the other Toronto theatres, the western provinces (except BC) and to the east.
Comment by bigkagan on Aug 28, 2020 8:59pm
movie theaters should increase ticket prices by 50% to compensate for the spaced seating and the loss of popcorn sales
Comment by Contrarian333 on Aug 30, 2020 9:12pm
https://www.boxofficemojo.com/chart/top_opening_weekend/
Comment by indoubtgetout on Aug 31, 2020 11:19am
No, they are really not - year over year numbers are frightenly bad!!  Canadians are NOT returning to the movie theatres or the RECroom anytime soon.   People are watching movies at home and they are not going to take C19 risk by going to a movie....unfortunately, CGX will eventually adopt CCAA......
Comment by Lacas24 on Aug 31, 2020 2:19pm
I can assure they are. Just saw Tenet in the IMAX Sunday night. Fully packed except the odd social distance seats. Movie is subpar to bear the Nolan name but that is another story. I absolutely loved the experience again and trust me I don't watch my movies at home on a 32 inch TV.
Comment by indoubtgetout on Sep 14, 2020 9:53am
REALLY!?  Not sure you call a packed theatre with only 50 people in it.   Movie theatre's will survive but not in current form....they will go bankrupt first then their cost of doing business will go down signficantly allowing them to make a profit.  So, we wait until CGX goes under.   GTFO!
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