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Bullboard - Stock Discussion Forum 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... see more

TSX:CGX - Post Discussion

Cineplex Inc > Tickets sale
View:
Post by Therealfox on Jul 17, 2021 1:40am

Tickets sale

Most prime time showing sold out or near sold out. Good start to reopening. We will have to see numbers if running theaters at 50 capacity can generate a profit. Based on current vac rates should see full capacity by end of summer but time will tell.. I'm still on the fence if the stock will rise or fall but seeing sold out and near sold out shows tonight is a start to positive vibes
Comment by ouainouain on Jul 17, 2021 2:36pm
When we frequented theatres pre-pandemic, rarely where they full or even half full, more like 25% capacity. CEO Jacobs said on several occasions, Google it, that they can make a respectable profit at reduced capacity. Now we need good movies to generate some buzz, aside from horror flicks and Marvel movies.
Comment by poliden on Jul 18, 2021 12:18am
This post has been removed in accordance with Community Policy
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