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Cineplex Inc T.CGX

Alternate Symbol(s):  CPXGF | T.CGX.DB.B

Consumer Cyclical Leisure
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

Cineplex Inc > CGX will not make it to the other side in its current form!
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Comment by Contrarian333on Jan 28, 2021 12:22pm
146 Views
Post# 32410175

RE:RE:RE:CGX will not make it to the other side in its current form!

RE:RE:RE:CGX will not make it to the other side in its current form! A reddit raid could create an environment where the company can in theory raise capital ala AMC (and that is why I covered my short earlier this week) but absent that the company is in a tight situation with cash vs burn.  Outcome unknoweable at the moment.
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