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Bullboard - Stock Discussion Forum Cineplex Inc T.CGX

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

Communication Services
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 > Covid fears extremely over rated
View:
Post by Therealfox on Dec 17, 2021 3:57pm

Covid fears extremely over rated

91% reduction in being hospitalized with new varient.. it's the new common cold. Life will be returning to normal soon and capacities limits lifted https://www.bloomberg.com/news/videos/2021-12-17/s-africa-hospitalization-rate-falls-91-in-omicron-wave-video
Comment by Tommy123 on Dec 17, 2021 5:49pm
This post has been removed in accordance with Community Policy
Comment by Therealfox on Dec 17, 2021 8:06pm
Though that is bad news, it's just for Ontario. As More data on Omnicom comes out people gonna realise it's the new flu. Though the Tommies of the world just making life worse for everyone with the covid crazies.
Comment by Tommy123 on Dec 18, 2021 6:55am
This post has been removed in accordance with Community Policy
Comment by Therealfox on Dec 18, 2021 10:45pm
What the people want eh? People want lockdowns less and less... Vaccines make a difference. Learn the facts before you open your mouth https://www.google.com/amp/s/globalnews.ca/news/8457306/lockdowns-omicron-support-poll-canadians/amp/
Comment by Tommy123 on Dec 19, 2021 7:58am
This post has been removed in accordance with Community Policy
Comment by Therealfox on Dec 17, 2021 9:41pm
Only effects 8-9% of total revenue 68 theaters in Ontario approx 41% of their total. In theater food counts for approx 21% Revenue. So this will effect 8.6% of total revenue. Definately a bad thing, but not horrible. This data came from Cineplex most recent filings .
Comment by extremerisk on Dec 18, 2021 5:20am
Agreed.  I am buying more here.  Stock did not react as much as it should have with court win.  I guess due to view that cineworld can not pay. Hospital and icu admissions remain low.  This is the common flu cold that can never be eradicated with vaccines.  Many doctors said this two years ago.  Oh well I guess they were right.  Eventually everyone else will ...more  
Cineplex Inc