Cineworld Group plc was founded in 1995 and is now one of the leading cinema groups in Europe. Originally a private company, it re-registered as a public company in May 2006 and listed on the London Stock Exchange in May 2007. Currently, Cineworld Group plc is the only quoted UK cinema business.
In December 2012, the Group acquired the Picturehouse chain of cinemas consisting of 21 cinemas, and in February 2014, the combination with Cinema City completed, creating the second largest cinema business in Europe (by number of screens). The enlarged Group now has 217 sites and a total of 2,000 fully digital screens. Our portfolio includes four out of the ten highest grossing cinemas in the UK and Ireland. We pride ourselves on outstanding picture quality and atmospheric surround sound; the soft, deep-down comfort of our modern seating; the crunch of our popcorn; and, most importantly, the friendliest customer service around. All our sites are digital, and we are one of the market leaders in 3D, a format which will become increasingly important.
In 2014, Cineworld accounted for 82.9 million admissions, had revenues of £619.4 million and an Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) before exceptional items of £126.6 million.

Interesting chart chaps!

Chugging along albeit on low volume DC.

Chris,

The Greidinger brothers have spent £2.3 million since April 16. Just reading in Shares they are unknown to the UK investor market. So they must show it can continue Cineworlds historical track record of solid growth. Its because of these new risks, together with deeply discounted rights issue to fund the acquisition of the new assets that the share price has been weak.
Also there are foreign currency issues to consider.


Mooky Greidinger - CEO
Israel Greidinger - Executive director

No date like you said for the May interim Chris but last year it was released on the 15 May.

Thanks for the info DC, fingers crossed it's a good un :O)

Hope so Chris. I'm going on,the brothers do not put in £2.3 million for fun and pretty certain to say they are privy at this time to the company performance.

Looking a tad overbought at mo DC :O) But then again it's not alone, stop to 332.0 to lock in +10

Don't see why it should not get back to 400p Chris, not overnight. :-))

Post 138 - and no!

Aye right enough can stay overbought just as much as it can stay oversold :O)

Post 138 - and yes. :-))

LATEST BROKER VIEWS

Date Broker New target Recomm.
6 May JP Morgan... N/A Overweight
10 Mar Investec 400.00 Buy
6 Mar Numis 380.00 Buy
6 Mar Investec 400.00 Buy
3 Mar N+1 Singer 364.00 Buy
25 Feb Investec 400.00 Buy
25 Feb Numis 400.00 Add
13 Jan Numis 500.00 Add
13 Jan N+1 Singer 500.00 Buy
10 Jan Canaccord... 500.00 Buy
Broker Recommendations for Cineworld Group

Stop to 337,0 to lock in + 15

Thanks Chris, seems to be a couple of shares bouncing well off the bottom.

Interim Management Statement



http://www.moneyam.com/action/news/showArticle?id=4806517

Cineworld: Numis increases target price from 380p to 420p and keeps a buy recommendation.
8 May Investec 400.00 Buy
8 May N+1 Singer 364.00 Buy

Back on watch list for now DC. No doubt won't be long before back in.

They get a brief mention here.

Thanks skinny.

Big UT trade at 1635 DC 1,598,858 @ 352.75