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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 > Bought more today
View:
Post by extremerisk on Jan 04, 2022 2:39pm

Bought more today

If no one is dieing I don't see the risk.  Current variant is mild and based on UK and South Africa both experiencing rapid decline.  Same will happen here.
We are now measuring how many people have common cold and that number is always high this time of year.
This is an excellent buy.  The banks and landlords have Cineplex's back so this is an easy buy at this level.  When stock goes down irrationality like today just buy.
Comment by Therealfox on Jan 04, 2022 7:39pm
My current position is unchanged I'm in for the long haul. Smart governments are riding out the storm cause they know it will make the population stronger and not have to lockdown again. An interesting read for those who realize we have past the point of where lockdowns will curb spread and actually do more damage than good . BBC News - Covid: Boris Johnson plans to 'ride out' Omicron ...more  
Comment by RayDonovan78 on Jan 06, 2022 4:25pm
The theater business is dying and has been for years even before covid.
Comment by extremerisk on Jan 08, 2022 10:22am
Buy buy buy.   Did you know that we are now finished 2 years of covid.  This is fizzling out now and back to normal coming soon!!  Everyone has bend over backwards to support cineplex during this difficult time and people want to go out.  Look at theatre business explosion in New York City after Spanish flu ended in 2019/20.  Same thing going to occur with this one and ...more  
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