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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 indoubtgetouton Jul 02, 2020 11:53am
166 Views
Post# 31216080

RE:RE:RE:RE:RE:Read between the lines $250 Million !

RE:RE:RE:RE:RE:Read between the lines $250 Million !CGX would never have entered into a short term 60 day loan for $250 million if they did not have a financing plan(s) in the works.   I'll bet Teachers or the CPP or several CAD pension plans are lining up for a large piece of CGX - they may even take CGX private!!!   NOT one Bay Street analyst has mentioned this - so they are in cahoots with the pension plans - do you really think the CAD banks care about their customers???   NOT!!!!.    Why do you think Cineworld thought $34/share cash for CGX was good six months ago??   CGX is now $8 freaking bucks!   A takeout price of $12 is a steal!!!   I'd say CGX is in play and you don't even know it.   As each day passes buy, the reality is CGX likely gets taken private......$8 today, $8.50 tomorrow.   $9 on Monday.   $9.50 Tuesday.   $10 on Weds.   $10.50 Thursday, and Friday $15...buyout!!  Go LONG!!
Bullboard Posts