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.

Market buzz -Shares in movie theatre operator Cineworld rose as Barclays raised its rating for the stock to 'overweight' and upped its price target to 580p from 325p.

Cineworld shares traded at 522.50p at 1359p, up by 1.65%.

Analysts at Barclays said Cineworld was in a 'sweet spot' as the company had low cost headwinds.

Industry supply growth was low, especially in Eastern Europe, analysts said, while Cineworld was adding screens to its portfolio.

Demand appeared robust,given the film release schedule for 2015 and 2016, analysts said, and the cost outlook was benign as the new living wage would have minimal impact as wages were only 14% of total costs.

Barclays said the company also had initiatives such as join Starbucks partnerships which could be rolled out about half the UK cinemas.

ST of IC today - Admittedly, most of the good news is already priced into the shares which are rated on 19 times fiscal 2015 EPS estimates of 27.9p, falling to 17.4 times fiscal 2016 estimates of 30.5p. A prospective dividend per share of 15.3p this year and 16.8p in 2016 implies a forward dividend yield of 2.9 per cent, rising to 3.2 per cent. Analysts at broking house N+1 Singer have a target price of 550p, or 4 per cent above the current share price.

So having considered the valuation, second half trading prospects and a bullish chart set-up with the shares just giving a swing and point & figure buy signal after the price took out the May record high of 523p, I am inclined to run these paper profits.


Cineworld will announce its interim results on Thursday, 13 August 2015 and the figures are likely to make for a good read

A String-potential-blockbuster-sets-scene-Cineworld-update.

Analysts at Numis Securities forecasts a 24 per cent rise in pre-tax profits to £30.5million in first half results on Thursday.

Citigroup initiates at buy on Cineworld
StockMarketWire.com
Citigroup has initiated coverage of cinema operator Cineworld (LON:CINE) with a buy recommendation, stating that it likes the company's high visibility, robust compounding, self-funded growth and international expansion opportunity, which it believes is not currently reflected in the share price.

The broker added: "Furthermore, upside from surplus cash generation could drive an accelerated growth rate or cash returns.

"A relatively strong film slate into 2H15E should provide confidence in estimates and the interims update on 13 August 2015 could be a positive catalyst."

Analysts have set an initial target price of 720 pence a share, implying almost 40 per cent expected total return.



At 1:37pm: (LON:CINE) Cineworld Group PLC share price was +17.25p at 549.25p

11 Aug Citigroup 720.00 Buy

Interim results


Highlights

Group revenue growth of 22.5% on a statutory basis, reflecting the combination with Cinema City part-way through the comparable period in 2014, and 11.3% on a pro forma basis;
UK & Ireland revenue growth of 11.0% on 26 v 26 same week pro forma basis;
CEE6 & Israel revenue growth of 11.8% on a 26 v 26 same week pro forma basis;
EBITDA growth of 41.0% on a statutory basis and 22.5% on a pro forma basis;
Profit after tax of £36.9m is stated after tax adjusted expenses and amortisation of £5.1m4 and tax adjusted one-off income of £11.0m4 resulting in adjusted profit after tax of £31.0m, growth of 46.2%;
Adjusted diluted EPS5 growth of 45.0% on a rights issue adjusted basis;
Interim dividend increased by 31.6% to 5.0p;
Net cash generated from operating activities of £51.3m, representing growth of 34.3%.

13 Aug Investec 600.00 Buy
13 Aug Canaccord... 540.00 Buy
13 Aug JP Morgan... 600.00 Overweight

£6

were you tempted to sell to early ? i day traded them @547 and sold @566.6, i didn't wait for my 580 limit

Held the majority of these since 255p. There are some very good films coming to the screen soon ie James Bond . I hope the sp will push on to Citigroups 720.00 . I did say hope. lately I am finding patience and nerve are so far paying off. Pulled the initial capital I put in ,so on a free run as to say.

Fifty Shades of Grey Has driven the revenues. lol


Sharecast



Big releases to come -Notable releases towards the end of the year include "Star Wars: Episode VII", the final Hunger Games title "Hunger Games: Mockingjay Part 2" and the next Bond film "Spectre", the company said.

Well done DC, I bailed @ 591.77 my last SB. Not being greedy :0) if it goes over 600p will get back in, had a fabulous run.

Like I said earlier patience and nerve can pay off. Well done Chris. :-))

18 Aug N+1 Singer 650.00 Buy

Director/PDMR Shareholding
RNS
RNS Number : 5425W
Cineworld Group plc
19 August 2015

CINEWORLD GROUP PLC (the "Company")

Notification of Transactions of Directors, Persons Discharging Managerial Responsibility, or Connected Persons

In accordance with DTR 3.1.4R, Cineworld Group Plc announces that it has received notification that, on 18 August 2015, the discretionary Trust of which Anthony Bloom, Chairman of the Company, is one of the potential beneficiaries, purchased 50,000 ordinary shares of one pence each in the capital of the Company at £5.91 per share.

Following the purchase, the Trust now holds a total of 2,208,006 ordinary shares in the Company.

The Company was notified, in accordance with DTR 3.1.2R, on 18 August 2015.

IC - A forward PE ratio of 20 times might look punchy , but Cineworld has a strong track record of growth. This , alongside a keen eye on costs , should support margins. The reappearance of James Bond and Luke Skywalker in the second half could also prompt upgrades.

ST of IC today - Analyst Sahill Shan at brokerage N+1 Singer, who has a 650p target price, offers some insight here as he believes that Cineworld's current market capitalisation is still not yet fully discounting the 18 per cent screen expansion that will take place in the 2016 to 2018 fiscal years. Mr Shan estimates this three-year roll-out is worth 80p per share and is leaning towards fair value nearer to 700p using free cash flow valuation techniques. A prospective dividend yield of almost 3 per cent for 2016 is attractive too. On balance, I would therefore run the 75 per cent total return including dividends on this holding with a view to the recent 599p post results high being taken out. Run profits.

Ex dividend 03 Sep 2015 Cineworld Group PLC (5 P)

With spread bet's the Divi went into my account today

They were moving up nicely this morning , now they are dropping