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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
Comment by BoredDeveloperon Mar 13, 2020 2:09pm
126 Views
Post# 30805034

RE:RE:RE:RE:At least I did one thing right

RE:RE:RE:RE:At least I did one thing right
Bookends wrote: I mean, how long do you figure the lockdown would last?? I say, at most 6 months and I'm being extremelly pessimistic./quote]

It's not just the actual cinema closures, however many there are.  I'd expect those to be staggered by region to some extent, at least.

But there's also the movie business shutdown - we aren't going to see any new Hollywood stuff till fall.  That has to hurt them (although I do still wonder if it'd be good for the industry, ultimately).

The analysts rate Cineplex's debt very high, but I haven't dug into any actual numbers myself.

I'm not entirely sure I'd buy back in at any price now... but $15 is where things start to get interesting for me.
Bullboard Posts