dreamcatcher
- 18 Aug 2012 13:13
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.

goldfinger
- 22 Nov 2014 11:17
- 228 of 501
Cineworld Trading Update, its good news
By Tom Winnifrith & Steve Moore | Saturday 22 November 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Cineworld Group (CINE) has updated on trading for the 46 weeks ended 13th November 2014 “in line with our expectations” and “remains confident of delivering results in line with market expectations for the full year”. Good News.
Despite a 0.9% decrease in admissions (noted to be “mainly due to the phasing of film releases in the UK”), a stronger average ticket price helped total box office revenues up by 0.7%, whilst retail revenues increased by 2.3% and ‘other income’ (“benefiting from solid advertising revenues”) increased by 1.4%. Pro-forma total group revenue is reported at +1.1%, with the remainder of Q4 noted to be“promising with strong box office performances expected from ‘The Hunger Games: Mockingjay - Part 1’ and ‘The Hobbit: The Battle of the Five Armies’”.
With a film schedule in 2015 and 2016 which looks much stronger, brokerage Peel Hunt considers that “the market could well be surprised at just how strong the bounceback is in 2015” and fellow brokerage Numis also considers forecasts “based on assumptions that could be upgraded” – noting this along with “forecasts of 19% earnings growth in 2015E and 12% in 2016E, aided by £5m of acquisition synergies (which could be beaten) and strong self-financed expansion (over 300 new screens during 2015E and 2016E)” as “the case for buying Cineworld shares”.
Its current forecasts are for earnings per share of more than 21p and a dividend per share of 10.6p for the current year, to respectively rise to 25p and 11.4p next year and towards 28p and more than 12p for 2016. These compare to a current circa 350p share price and see us continue to target 400p here. As such, we are well ahead on this tip but are happy to maintain faith in this in the Nifty Fifty Income portfolio at current levels – here is another 50p of upside before we check out of these shares.
dreamcatcher
- 29 Nov 2014 22:59
- 229 of 501
How to see a blockbuster movie... without busting your wallet
By Toby Walne, Financial Mail on Sunday
Published: 21:31, 29 November 2014 | Updated: 21:31, 29 November 2014
http://www.dailymail.co.uk/money/saving/article-2854105/How-blockbuster-movie-without-busting-wallet.html
Chris Carson
- 01 Dec 2014 14:16
- 230 of 501
Stop to 375p
Chris Carson
- 02 Dec 2014 13:53
- 231 of 501
Stop to 385p
dreamcatcher
- 06 Dec 2014 17:38
- 232 of 501
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 06/11/2014, 29 days ago, when the stock price was 331.0400. Since then CINE.L has risen by +20.08%.
Market Outlook
The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security.
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=CINE.L
dreamcatcher
- 23 Dec 2014 17:23
- 234 of 501
Greidinger brothers buying volume told us it would rise. Merry Christmas Chris.
Chris Carson
- 23 Dec 2014 18:15
- 235 of 501
Merry Christmas dc :0)
Chris Carson
- 24 Dec 2014 16:36
- 236 of 501
Stop to 400p
dreamcatcher
- 03 Jan 2015 13:12
- 237 of 501
A buy in this weeks IC. But the UK is not Cineworld's answer to future growth nor is the reason for such bullish broker forcasts .
Bull points
Strong growth forecast for 2015
significant director buying
blockbuster film releases in Q4
growth prospects in eastern Europe
Bear points
tough summer trading
currency risk
More than 500 screens are due to open in the next three years, the vast majority of which will be in Romania and Poland, which accounts for a third of CCI's sales.
If Cineworld delivers on brokers expectations , 15 times investec's 2015 underlying EPS forecasts looks an inexpensive price to pay.
dreamcatcher
- 03 Jan 2015 14:07
- 238 of 501
dreamcatcher
- 05 Jan 2015 16:29
- 239 of 501
5 Jan N+1 Singer 470.00 Buy
dreamcatcher
- 06 Jan 2015 18:01
- 240 of 501
Downgrade - 6 Jan Numis 420.00 Add
dreamcatcher
- 07 Jan 2015 15:45
- 241 of 501
Cineworld: Investec ups target price from 400p to 450p and maintains its 'buy' recommendation
dreamcatcher
- 07 Jan 2015 16:11
- 242 of 501
Broker spotlight - Cineworld, Marshalls, William Hill, Dixons Carphone, Regency Mines and Ortac
By Giles Gwinnett
January 07 2015, 11:54am
Peel Hunt has great expectations (a great David Lean movie by the way, not to mention the book) for cinema group Cineworld (LON:CINE) in 2015, despite a tough time for the UK box office last year.
It has repeated a 'buy' rating on the stock and given a fairly punchy target price price - moving to 440p from 393p.
Data released yesterday showed UK and Ireland box office receipts fell by 2.9% to £1.13bn last year.
Analyst Nick Batram said: "However, this comes as no surprise in a year of relatively few real blockbusters and the distraction of a World Cup.
"Whilst the rerating at Cineworld, on the prospects of a recovery in box office in 2015, has come through quicker than expected, the potential upside to forecasts is significant.
"Although there may be some short-term share price consolidation we are happy to retain our 'Buy' recommendation given the potential outperformance over 2015.
dreamcatcher
- 11 Jan 2015 18:46
- 243 of 501
Top films feed restaurant sales
THE owner of the Chiquito, Garfunkel's and Frankie & Benny's chains believes the release of big screen blockbusters such as the new James Bond and Star Wars films will help it serve up tasty sales.

Daniel Craig as James Bond in Skyfall (2012)
http://www.express.co.uk/finance/city/551249/Top-films-feed-restaurant-sales-big-blockbusters-James-Bond-Star-Wars
dreamcatcher
- 13 Jan 2015 20:07
- 244 of 501
13 Jan Investec 450.00 Buy
13 Jan Numis 420.00 Hold
dreamcatcher
- 14 Jan 2015 15:48
- 245 of 501
dreamcatcher
- 14 Jan 2015 15:51
- 246 of 501
Cineworld: Canaccord ups target price from 450p to 500p and maintains a 'buy' recommendation. Numis ups target price from 420p to 440p and retains a 'hold' recommendation.
dreamcatcher
- 14 Jan 2015 16:38
- 247 of 501
Cineworld expects annual profits to hit top end of forecasts
Sharecast -
Wed, 14 January 2015
Cineworld expects annual profits to hit top end of forecasts
Cineworld said it expects annual profits to reach towards the top end of market consensus, driven by a strong performance in the UK and Ireland.
In a trading update for the 53 weeks to 1 January, the group reported a 3.5% increase in revenue growth.
During the year the company opened two new cinemas in the UK and two in Romania.
The group is contracted to open a further 11 cinemas in the UK and 10 in Central and Eastern Europe and Israel in 2015, of which 18 cinemas are under construction.
Films due for release this year include 'Avengers: The Age of Ultron', 'Star Wars: Episode VII', 'Jurassic World', the final Hunger Games title 'Hunger Games: Mockingjay Part 2' and the next Bond film 'Spectre'.
"With our plans for continued expansion across the Group, we look forward to delivering further value to shareholders in 2015," the firm said.
Broker Canaccord Genuity said it would nudge its full year 2014 and 2015 forecasts up fractionally to reflect the results being towards the top end of market expectations.
"It's been a resilient performance in a poor year for films with Poland being the stand-out market. The film slate for the next couple of years is fantastic and should allow Cineworld to exploit its strong competitive position. As importantly, the roll-out programme remains intact."