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.

15 Nov
Investec
685.00
Buy

3 Nov
HSBC
720.00
Buy

16 Nov
Barclays...
665.00
Overweight

Non executive purchase of shares

13:10 02/12/2016
Broker Forecast - Numis issues a broker note on Cineworld Group PLC
Numis today initiates coverage of Cineworld Group PLC (LON:CINE) with a add investment rating and price target of 615p. Story provided by StockMarketWire.com

CMA Clearance
RNS
RNS Number : 6085R
Cineworld Group plc
12 December 2016
 
12 December 2016
 
Cineworld Group plc
 
Acquisition of five cinemas - CMA clearance
 
Cineworld Group plc ("Cineworld" or "the Group") notes that the Competition and Markets Authority has today announced that it has unconditionally cleared the acquisition by Cineworld of five Empire cinemas from Cinema Holdings Limited.

12 Dec
Barclays...
665.00
Overweight

15 Dec
Berenberg
675.00
Buy

Proactive investor - The Force continues to be strong for Walt Disney as first ’Star Wars’ spin-off movie opens big

14:01 19 Dec 2016
The takings were the second biggest-ever for a December opening weekend in both the US and Canada and the UK.

Rogue One took £16.8mln at the UK box office and $155mln (£124mln) in North America.
The Force continues to be strong for The Walt Disney Company (NYSE:DIS) after the first ’Star Wars’ spin-off movie ‘Rogue One’ took a massive $290.5mln (£232.8mln) globally on its opening weekend.
The takings were the second biggest-ever for a December opening weekend in both the US and Canada and the UK.
The record is held by predecessor, ‘Star Wars: The Force Awakens’, which took $248mln (£198mln) on its December debut in the US and Canada last year.
Rogue One took £16.8mln at the UK box office and $155mln (£124mln) in North America.
The only major Asian market showing ‘Rogue One’ so far is Japan, where the movie grossed $7.9mln. The movie will begin screening in South Korea on December 28 and in China on January 6.
Rogue One takes place between Star Wars Episode III and Episode IV, and is the first of three planned spin-off films based on the epic movies.
On its website, Disney said the film is the first standalone Star Wars story “but by no means the last, with an untitled Han Solo movie set for release in 2018.”
It added that “expanding Star Wars beyond the 'Episode' films was a goal of Disney Chairman and CEO Bob Iger’s from the moment Disney agreed to acquire Lucasfilm in 2012

Cineworld Group plc (CINE) PT Raised to GBX 675

4 Jan
N+1 Singer
635.00
Buy

11 January 2017
Trading Update

Telegraph 4 Jan 17 -Cineworld enjoyed a boost from N+1 Singer. The broker included  the FTSE 250 stock as a key sector pick in its Best Ideas 2017 Report. Analyst Sahill Shan thinks the prospect of 2017 and 2018 being “blockbuster years” should help the mid-cap stock outperform “significantly”.
“Cinema attendance being correlated to quality of movies rather than GDP should also allay any consumer spend concerns”. Shares rose 7.5p to 566p.

A bumper year projected for Cineworld

Everyman Media Group put out a good update today. Looking for a good trading update from CINE in the morning.


Proactive investor -
Everyman Media Group (LON:EMAN) 99p £59.2m
The cinema  Group  has  updated on trading for FYDec16. Trading above market expectations.  A combination of factors have contributed to these results including the better than anticipated performance of some new venues and continued improvements in existing locations. 2016 saw the six new venues and two refurbishment projects from 2015 start to mature, and in addition the Company opened four new venues.  FYDec16E revs of £28.8m and PBY of £0.79m.

Trading statement

11 Jan
N+1 Singer
650.00
Buy
11 Jan
Numis
615.00
Add

Cineworld unveils board changes
StockMarketWire.com
Cineworld Group has announced changes to the board including the appointment of Nisan Cohen as chief financial officer. He will join the board as an executive director.

Cohen has been part of the Cineworld Group for 16 years. As vice-president of finance he led the integration of the finance teams in the group across nine countries after the combination of Cineworld with Cinema City International NV.

Lately he has served as deputy CFO, working closely with the interim CFO, Dean Moore who has been appointed to the board as an independent non-executive director, including as chairman of the remuneration committee and a member of the audit committee, posts previously held by non-executive director Martina King who is stepping down from the board after six years to focus on her other business interests.

Moore brings 20 years of experience as a plc executive director, most recently as CFO of N Brown Group plc for eleven11 years from 2004-2015, before which he was Chief Financial Officer of T&S Stores plc until it was acquired by Tesco plc in early 2003.

All three changes take place with immediate effect

At 9:21am: (LON:CINE) Cineworld Group PLC share price was -2.75p at 602.25p

The Telegraph -

Cineworld reports record ticket sales as it seeks more takeovers

Bridget Jones's Baby was the UK fourth-highest grossing film last year


Christopher Williams, Chief Business Correspondent
11 January 2017 • 12:05pm

Surprise blockbusters including Bridget Jones’s Baby and the Jungle Book meant Cineworld sold record a record number of tickets last year, the cinema operator said as it signalled further expansion plans.
The FTSE 250 chain, which operates in the UK, Eastern Europe and Israel, filled more than 100 million seats for the first time as Star Wars: Rogue One and family titles such as Zootropolis also proved popular.
In a trading update Cineworld said revenues were up 8.3pc on a constant currency basis, in line with City growth forecasts. The increase included a 7pc rise in box office sales and 12.7pc higher spending at food and drinks concessions.

Nisan Cohen, Cineworld’s newly appointed chief financial officer, said that following the £94m acquisition of the five-cinema Empire chain, the company was on the lookout for more expansion opportunities.
The UK cinema market is in line for a shake-up this year as the new owner of Odeon, the Chinese conglomerate Wanda, is expected to invest in updating its estate to be more competitive with Cineworld’s more modern sites. Vue, the other big chain, owned by the Canadian fund Omers, could also be sold or floated on the stock exchange.
Mr Cohen said: “We would welcome any move to modernise cinemas. We think it would create a better atmosphere around the industry.”
He added that Cineworld was monitoring developments on Vue and was actively looking for opportunities. Analysts have claimed the company’s next big expansion could target continental Europe.
Mr Cohen said the company was expecting another strong year at the box office, with a string of sequels due to draw crowds. As well as another Star Wars film, there will be fresh installments in the Marvel and DC superhero franchises, a sequel to Paddington and the return of Pirates of the Caribbean.

Reading the above, will Cineworld try and take over Vue, the third largest cinema group.

15:30 24/01/2017
Broker Forecast - Peel Hunt issues a broker note on Cineworld Group PLC

Peel Hunt today downgrades its investment rating on Cineworld Group PLC (LON:CINE) to add (from buy) and left its price target at 650p. Story provided by StockMarketWire.com