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.

Cant get much out of a "Cock and Hen" these days. Problem going forward is getting others to depart with their hard earned to go.

:-))

A tenner what rip off, have you not got a Picturehouse near you?

Only Empire and Cineworld Stan.

as an oap one gets very good deals at the cinema ...... i think i pay about a fiver

The benefits of a Picturehouse membership https://www.picturehouses.com/Picturehouse_Membership

Obviously you have to commit to fairly regular attendance but if you do then as you can see, there's pretty good value.

Cheers Stan.

28 Sep
Panmure Gordon
750.00
Buy

5 Oct
Deutsche Bank
825.00
Buy

Broker Forecast - Peel Hunt issues a broker note on Cineworld Group PLC
BFN
Peel Hunt today reaffirms its add investment rating on Cineworld Group PLC (LON:CINE) and cut its price target to 725p (from 775p).

Thursday preview:

Sharecast -Cineworld is likely to report trading up until 19 October, which broker Numis said will mean it includes the first two weekends of Paddington 2, where total box office expectations are for £40m, and the first week of Justice League, where forecasts are for £33m.
The timing of these two blockbusters is key, analysts said, given the admission data reported by the industry in July+7%, August down 20%, September down 8% and October down 25%.
Numis forecasts total revenue growth of 7%, versus the 12% growth in the first half, and imply circa 30% revenue growth in the last 6 weeks of the year "which is stretching", but will benefit from the release of the eighth Star Wars film, The Last Jedi, which opens on 15 December, after the seventh in the Star Wars series was the all-time top grossing film in the UK in 2015 with £123m taken at the box office.

Trading update

* UK cinema chain Cineworld shares down 12.7 pct; worst day in about 10 years
* Company's board confirms advanced discussions with Regal Entertainment Group and is finalising due diligence in relation to a possible all-cash offer to acquire 100% of Regal at a price of $23.00 per share...
* Company to fund potential acquisition of Regal through mixture of incremental debt and material equity raise by way of a rights issue
* Stock top loser on FTSE Mid Cap Index; YTD +7.3 pct

one of you clever chaps may be able to make a more logical fist of this ......

CINE has dumped 20% since it agreed a reverse t/o of the large American Independent Group
the t/o will be funded by a rights issue, the terms of which have yet to be announced and approved by the shareholders (though i am sure they will be)

i actually wonder if the sp has been shorted down to ensure a more discounted rights issue that might have been the case
if that is so, then buying before said rights issue and taking it up might be a good play, especially in the medium term

any views anyone?

The street - Cineworld will pay $23 a share for Regal, a price that values the Knoxville, Tennessee-based group at $3.6 billion which, along with around $2.2 billion in liabilities, gives the deal, which will be classified as a reverse takeover, an enterprise value of $5.8 billion. Cineworld said it will fund the transaction with a £1.7 billion ($2.3 billion) rights issue underwritten by Barclays, HSBC and Investec and £4 billion in debt capital. 

I think you may be right cynic, with such a large rights issue.

The Mail today -
Russ Mould, investment director at AJ Bell, said: 'Judging by the way in which the shares have slumped since the deal was first unveiled, investors in Cineworld are concerned that the swoop for Regal will be a flop rather than a box-office smash.
'However, at first glance, the planned purchase does (just) pass three of the four tests which shareholders should apply to any acquisition and perhaps this explains why its shares are holding relatively firm today.' 

Cineworld shares were down nearly four per cent in early trading, but have largely recovered since. As of 9.15am, they sit at 543p a share.
However, at the end of November, they were 694.5p a share – a drop of more than a fifth in a week. 

I'm staying well clear.

I see one of the large share holders is not happy about the takeover. In todays Mail.

11:10 04/01/2018
Broker Forecast - Numis issues a broker note on Cineworld Group PLC
Numis today upgrades its investment rating on Cineworld Group PLC (LON:CINE) to buy (from hold) and set its price target at 825p. Story provided by StockMarketWire.com

Peel Hunt Hold 571.00 600.00 600.00 Reiterates