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Compiling comments that experts make about stocks while on public TV.

2017-10-11

Opinion for Cineplex Inc (CGX-T)

Signal Price Bias Subject Owned
PARTIAL BUY $38.650 OPTIMISTIC NORTH AMERICAN - LARGE Yes

Fell back on a weak quarter because of a weak slate of movies. The next quarter will also be weak. For new clients, she buys a half a position, and slowly eases into it. There is nothing structurally wrong with the company, so doesn’t think the stock price will drop much further. It always trades at a premium to its US peers because of the large market share they have in Canada, over 80%. They have other revenue streams that are diversifying and growing, such as their rec rooms which have been doing quite well. Bringing E gaming into their theatres, and that sport seems to be gaining momentum. In a few years, those extras will make them less reliant on the movie slate.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management

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