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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

Comment by indoubtgetouton Dec 17, 2020 10:22am
176 Views
Post# 32127557

RE:RE:RE:RE:Stock price

RE:RE:RE:RE:Stock priceGood luck with that $20 forecast given that CGX's balance sheet is totally broken.  Again, the movie theatre business will suffer impairment until at least the end of 2022 and maybe longer.   CGX will continue to burn capital until the convertible debenture holders take over CGX and the comon equity is worthless.   You are better off buying Bitcoin than CGX - at least Bitcoin will not go bankrupt.  
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