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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

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Post by Therealfoxon Dec 31, 2021 8:49am
122 Views
Post# 34273330

Future predictions

Future predictions Will the credit amendments and covid restrictions holiday sales have probably been less then expected, recover will be delayed. Even though Q4 might not be a strong as hoped as long as it shows growth over Q3 that is important. Spiderman has shown people do want to return to theater but covid is holding many back. With many companies abandoning including Warner Brothers hybrid releases in 2022, we should continue to see a recovery in the coming year. More data out of SA is showing omicron is drastic decline after an exploration of cases and they are beginning to lift restrictions. Omnicom is a blessing and a curse, having major transmissions but being weaker will actually help in the long run in the thesis that covid is changing into the common cold and that the pandemic could be coming to and end in 2022; changing to endemic status . These are just my opinions I countine to be bullish long term going into 2022.
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