Maybe the studios are doing it so they can buy them.
They can buy them now anyway with the recent law changes. Just more poor behaviour from an industry well renowned for itās elevation of money over all else.
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Watched few Star Wars in both old plain 2d cinema and IMAX for 3x price.
I usually go watch movie for content/audio feel, not impressed by 3d/4d/imax price vs benefits tbh.
But It seems to be trend, less and less folks go cinema. I havenāt been in cinema for 5 years, apart from Star Wars trilogy. Which is 1 movie every 2 years.
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The clickbait titles are making it seem worse than what it is, its a repeat of the situation in March, not a winding down situation.
They have enough to get through to perhaps the end of 2021 before things come to a head.
As a long term holder, Iām optimistic that the schedule of releases in the Spring is going to be unparalleled, to anything weāve ever seen before.
Big blockbusters that would usually stay out of each others way, are going to have to compete for space.
Until that time, its just a case of suck it up, and add value if the price drops.
Not for the weak of heart, thatās for sure!
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In addition, last year was one of the best for attendance in Europe
Itās far from a dying industry, otherwise it would have been dead by now.
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Thoroughly agree.
- UK and Ireland screens represent 12% of their total screens
- In the US only 3% are still to reopen (2% of total screens); for context US accounts for 75.5% of all screens
- Israel only other country where all screens closed. Canāt find the figures on that but would be surprised if more than 1% of total screens
Looking at a total screen closure of 15-16%.
Plus they are already looking at further cash raising initiatives.
Canāt see the dividend coming back for a while. Going to be a slog undoubtedly.
Doubling up if this hits the 32p support. 
Quotes from the article:
Cineworld is drawing up plans to indefinitely close all of its sites in the U.K. and U.S., reports on Sunday said, citing people familiar with the discussions.
Majority of staff will be asked to accept redundancy, with possible incentives to rejoin the company when theaters reopen
It seems like things are constantly getting worse.
This news is terrible for all its employees. Plus, reduncancy will have large costs for the company and provide no revenue.
I am surprised that they have not been forced to issue more shares (and dilute share holders).
Do you think they will do this in the near future?
I donāt see what other options they have, they are heavily in debt and their revenue must be very very low now.
There was a news blurb back on the 24th Sept regarding potentially raising more cash. I canāt see how else they could.
Thatās infuriating the inclusion of US sites as well now. But Iām not that aware of second US lockdown plans.
Shame if they get bought out, looks like William Hill will be. What a nation of cucks we have become.
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Itās currently sitting at 39p. Would it be worth shorting on CFD? How low can it possibly go?
So many noobs are going to be obliterated on Monday. Itās the most popular stock among beginner UK investors along with Aston Martin. I see it mentioned all the time on reddit.
You guys are very braveā¦ I think Hertz will recovery much faster than Cineworld.
Didnāt realise that but Iām rarely on any other groups like Reddit or FT.
Currently sitting at the March lows support and risingā¦ nervy times!
I must say as small part of me is hoping for a Wirecard/Hertz-type spike this week, but Iām not holding out hope. 
Itās very possible to happen since the amount of shorts + robinhood/t212 buyers that cannot hold themselves when a company is dying 
Hope you guys have time at least to recovery a bit.
I hate the fact this is being talked about on the news as already gone bust, the language being used is so misleading.
There are no movies to show, what else could they do? Likewise today Cineplex, AMC et al are also down
Streaming Hollywood blockbusters makes no sense in any world, some of these movies are on circa $200m budgets, how are they going to recoup that, let alone make a profit, via VOD? I canāt see the model.
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Obviously due to the lockdown all the branches of cineworld closed down hence the drop in price.
With the vaccine being rolled out and the potential for branches to re open and the price being very low, whatās peoples opinions on it getting back up to the same share price it was pre March 2020
Looking at the bigger picture (genuinely no pun intended) Do you feel we are entering a new golden age of movie theatres OR are you looking at a short term bounce?
For a short term bounce, that is anybodyās guess.
I personally do not see a near term resurgence in the golden age of the movie theatreās. People are being influenced by all angles and itās just so noisy right now. What would make a movie theatre stand out to outperform?
wet fart noises
Not for me. I did hold Cineworld for a while but I think they have a long long way to go before theyāre back in business fully, and for that reason I think there is profit to be made elsewhere faster.
It seems video games are become more the thing for younger people than going to the pictures.
Then with the advent of Prime/Netflix etc., that will hurt their bottom line.
I know there are die-hard movie-goerās but is the cinema industry fading slightly? I think so. And I think to some extent the institutional investors in Cineworld who make up the bulk of the shareholdings will cash out once in profit, driving the price down again. I know Iām speaking mostly speculatively rather than giving figures, but thatās what my gut says. For that reason, I took my money elsewhere into a safer play.
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Just going to shidft this over to the existing CINE thread as there is a wealth of chat there already to dig into. 
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Of course it jumps 3% the day after I sell out of it 
classic
But Iāve done that because I agree with @obrienciaran above. Think earnings whenever that may be will be very disappointing for obvious reasons.
Need to trim a few short term UK stocks anyway this was one of them.
Yeah, same. As you can see above Iām a massive supporter of cinemas and a CINE bull but I cashed out for a good profit with the latest resurgence. Think youāre right, the earnings will knock it again and the latest lockdown sure to ipact eventually with people getting bored of holding.
Have to say Iām quietly hoping for the 30-45p range again, then Iāll jump back in all guns blazing.