Viewing Company Cineplex Inc | StockChase
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Compiling comments that experts make about stocks while on public TV.

Cineplex Inc Stock Symbol: CGX-T

Notes:Movie theaters

Last Price Recorded: $40.0100 on 2017-09-21

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Date Signal Expert Opinion Price
2017-09-13 COMMENT Paul Gardner, CFA

Something he owned, but got out too early. Management is fantastic. The last quarter, the AMC’s release in the US scared him. They came with guidance and missed their numbers. You could skew this to the box office content. The blockbusters were not in it this year. Has a feeling that the window is smaller for theatrical releases. Also, feels there is less tendency for people to go to the movies. They have some side businesses which are really good. The concession business is decent. Their new Rec Room proposition is fantastic, but that doesn’t move the needle. Thinks there are tremendous headwinds for them.


Price:
$38.440
Subject:
REITs, BONDS AND DIVIDEND STOCKS
Bias:
UNKNOWN
Owned:
No
2017-09-12 HOLD Christine Poole

Had been buying for new clients earlier this year and unfortunately, they are underwater. If you own, you should keep holding it. Yields over 4%, so you are getting paid to wait. The traffic into theatres was obviously soft, which she thinks was the movie slate. 2015 and 2016 were both record banner years. In the last 4-5 years, box office sales have continued to increase, as well as the number of tickets sold. Thinks the slate will improve. Management is trying to diversify out of just being in theatres, and making investments in the Rec Room, online gaming, Top Golf, etc. There is no rush to buy right away, because we know the 3rd quarter is going to be soft. If thinking longer-term, you can slowly start to add here.


Price:
$38.580
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2017-09-08 COMMENT David Cockfield

They are changing the whole concept of watching movies. They are putting in lounges and the food is better. If a little tight on money, and you want to take the family out, you can go here, perhaps have a beer, and see a good movie in a nice comfortable situation. It makes a very reasonable evening out, particularly for a family. They are improving the ambience significantly. Have had a run of crappy movies, which is part of the problem. He is watching this.


Price:
$38.020
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
No
2017-09-07 BUY Michael Simpson, CFA

It has come down dramatically, as it is the worst in 20 years for a movie slate.  He bought aggressively.  They have a 72% market share in Canada and are diversifying.  Hollywood has to stop serving dog food and bring back caviar.  2018 should be a better year for movies.


Price:
$38.030
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
2017-09-07 DON'T BUY Lorne Steinberg

They’ve done an amazing job and surprised him over the years by creating excitement with all the new blockbuster films. However, the long-term trend is not your friend for this company, because people are buying Netflix and watching more and more stuff at home and on their computer. It’s hard to see that trend changing. Management has done a very good job over the years, it is really just a tough industry.


Price:
$38.030
Subject:
Global Value & High Yield Bonds
Bias:
UNKNOWN
Owned:
No
2017-09-06 TOP PICK Keith Richards

Has been massively oversold, and it is very, very likely that the stock is going to have a short-term rebound. This is a short-term trade for those people that like that sort of thing. (Analysts’ price target is $50.)


Price:
$38.100
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Yes
2017-09-05 COMMENT Michael Smedley

This is in command of its space. It has the glorious health food, popcorn, and charging high prices for it. They have started up a new thing called the Rec Room.


Price:
$38.850
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2017-09-01 COMMENT John Hood

Sold a Covered Call that is expiring this month at $42. It is currently at $38. Would you resell the covered call at a later time but at a lower price? With covered calls, the one thing to be careful of is, what is the open interest on the call, i.e., how many people are playing this game. That is going to affect what the spread is between the Bid and Ask. This stock has dropped about 20% in the last month, and he thinks you could safely do it here.


Price:
$38.130
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Unknown
2017-08-30 DON'T BUY Brian Madden

The market darling for quite a long time. It did very well from about 2011 through to earlier this year. In the course of thriving and prospering, the stock got very richly priced. Trading at about 30X earnings. When you have a company trading at that multiple, and not really growing their earnings at a commensurate rate, it is very vulnerable to any short-term swing in sentiment. Hollywood has not come out with a good slate of movies this summer, which has really impacted them. He would be wary of the stock until things started to improve.


Price:
$36.930
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2017-08-29 BUY Barry Schwartz

They have not had bad results, but this quarter will be bad. The box office net is down about 20% quarter to date. Unless September picks up materially, they are going to have a very lousy quarter. However, Q4 looks amazing and it could be up 20%. Also, 2018 looks really good. If you judge this quarter by quarter, then you are analysing the stock wrong. They are light years ahead of their competition by diversifying into other entertainments. Within 4 years, they are looking to have 25% of their revenues in EBITDA as non-box office. This is a great deal here.


Price:
$35.220
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2017-08-28 DON'T BUY Bruce Campbell (1)

Last time he said he would be interested at $38 and it is now at $35.  If you are patient and just collect the yield it will grow again.  This week was the lowest attendance since September of 2001.  He would not be in any rush until the fall and you see better movies coming out.  He would like to see it building a base.


Price:
$35.270
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
Unknown
2017-08-28 COMMENT Richard Croft

Bought at $40 and Sold a $42 Sept 2017 covered call. Should I sell lower? He would probably go out to December.


Price:
$35.270
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
UNKNOWN
Owned:
Unknown
2017-08-25 WAIT Don Vialoux

It tends to do either well or badly during the summer and during Christmas time.  It has to do with the quality of shows that are on at that time.  The movies are not drawing crowds this year.  Do not go in because we have not reached support.  Wait until Christmas if you want to get in.


Price:
$35.900
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
Unknown
2017-08-24 HOLD Rick Stuchberry

They had a poor summer for movies.  If you have a long enough view, then the management team is excellent and you could hold onto it.  He is not in this sector right now.


Price:
$35.530
Subject:
CANADIAN LARGE & iNTERNATIONAL ADR's
Bias:
DEFENSIVE
Owned:
No
2017-08-24 HOLD Stan Wong

The dividend is still supported.  He thinks at some point we will see some support in the name.  They are diversifying away from just the box office.  The third quarter might be a little weak.  Put stop losses where you are comfortable.


Price:
$35.530
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
BULL on GLOBAL GROWTH
Owned:
Yes
Showing 1 to 15 of 373 entries
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