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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 bmeister2on Jun 13, 2020 10:16am
222 Views
Post# 31146486

RE:RE:RE:RE:Is the news announced after market close

RE:RE:RE:RE:Is the news announced after market closeYou have some good arguments,Bored, and well conceived,I believe. But, the jury is still out on current and post covid19 repercussions on society in general,and cinema in particular. To me, it all depends on how much mitigation and how long it takes to address pandemic concerns. Younger folks will want to get back sooner to the "new normal" and this does involve cinema and Disney,and so forth. As to yhe present, we may see a counter offer after some back and forth litigations because $34 per share is not in the cards anymore. The markets are always forward thinking, and my hope is cinema is too so only time will tell how this plays out but at the current price,for me is worth the wait.
Bullboard Posts