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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 & 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.


TSX:CGX - Post by User

Bullboard Posts
Post by InFactsWeTruston Mar 05, 2020 2:14pm
143 Views
Post# 30771592

Reasons to hold on...and please add to my list!

Reasons to hold on...and please add to my list!Half trying to convince myself :/

1. A few posts down, somebody made a good point.  Cinemark can just be loading up the truck here and buying in the market - so there's some support at least.
2. Material Adverse Effect is decided on a case by case basis.  It's not a slam-dunk.
3. Cineplex streams movies - that part of the business should go up if this drags on.
4. If this drags out, don't you think the content providers - Disney etc may do a deal to allow theatre operators to stream the movies without the theatre (like Netflix did with Roma?).  Might just help both parties.
5. Covid-19 is temporary.  People will come back to the movies.
6. Less people are going to get the regular flu this year because we're being much more careful.
7. North America will probably get fewer cases of Covid-19 than where Cinemark operates.  Cineplex is still a benefit to them for that plus also top-notch managment in a difficult sector.

Bullboard Posts