Cineplex Inc

CGX-T

TSE:CGX

32.99
0.41 (1.23%)
Cineplex Inc. is a Canadian entertainment company headquartered in Toronto, Ontario. Through its operating subsidiary Cineplex Entertainment LP, Cineplex operates 162 theatres across Canada.
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Analysis and Opinions about CGX-T

Signal
Opinion
Expert
WATCH
WATCH
October 4, 2018

He is always worried about valuation. He is starting to review it again. They have to diversify beyond movies. He might look at it down the road.

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Cineplex Inc (CGX-T)
October 4, 2018

He is always worried about valuation. He is starting to review it again. They have to diversify beyond movies. He might look at it down the road.

COMMENT
COMMENT
October 1, 2018

It depends on the movies. The Rec Room with its amusement games and digital advertisiing now total 25-30% of their revenues, though the average spend on their (overpriced) popcorn continue to rise. If there are lousy movies, revenues go down. Good movies, higher revenues.

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Cineplex Inc (CGX-T)
October 1, 2018

It depends on the movies. The Rec Room with its amusement games and digital advertisiing now total 25-30% of their revenues, though the average spend on their (overpriced) popcorn continue to rise. If there are lousy movies, revenues go down. Good movies, higher revenues.

BUY WEAKNESS
BUY WEAKNESS
September 28, 2018

It hit an air pocket. Concerns about secular shifts away from movies, which is overdone. Good job at lowering costs. Modelling 20% growth for 2020 over 2019. Not as expensive as it used to be, nice dividend. He’s long this name. At 20x, have to be somewhat careful. Would buy on a pullback. Yield is just shy of 5% yield.

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Cineplex Inc (CGX-T)
September 28, 2018

It hit an air pocket. Concerns about secular shifts away from movies, which is overdone. Good job at lowering costs. Modelling 20% growth for 2020 over 2019. Not as expensive as it used to be, nice dividend. He’s long this name. At 20x, have to be somewhat careful. Would buy on a pullback. Yield is just shy of 5% yield.

BUY
BUY
September 20, 2018

He owns it in personal accounts. It has struggled to prove to the investor community that it is intact. There was a negative secular trend recently. They still generate great revenues and profitability because of the increasing purchase when people go to their theaters. Their digital signage business is 10-15% of their revenues, coming from quick serve restaurant menus and other businesses that use their screens for advertizing or menus. The dividend is safe and attractive.

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Cineplex Inc (CGX-T)
September 20, 2018

He owns it in personal accounts. It has struggled to prove to the investor community that it is intact. There was a negative secular trend recently. They still generate great revenues and profitability because of the increasing purchase when people go to their theaters. Their digital signage business is 10-15% of their revenues, coming from quick serve restaurant menus and other businesses that use their screens for advertizing or menus. The dividend is safe and attractive.

BUY
BUY
September 20, 2018

He likes the Management. It is a hit and miss type of business. It makes no sense that the stock is trading at $28. $33, $40 is ore reasonable. They are doing a great job at diversifying. He has been positive on this stock for a long time and has been wrong. Hopefully he is right now. (Analysts’ price target is $35.51)

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Cineplex Inc (CGX-T)
September 20, 2018

He likes the Management. It is a hit and miss type of business. It makes no sense that the stock is trading at $28. $33, $40 is ore reasonable. They are doing a great job at diversifying. He has been positive on this stock for a long time and has been wrong. Hopefully he is right now. (Analysts’ price target is $35.51)

TOP PICK
TOP PICK
September 17, 2018

It really struggled recently turning from a growth to value stock. It is cheap enough that it is interesting to him. Price momentum has improved more recently. (Analysts’ target: $35.36).

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Cineplex Inc (CGX-T)
September 17, 2018

It really struggled recently turning from a growth to value stock. It is cheap enough that it is interesting to him. Price momentum has improved more recently. (Analysts’ target: $35.36).

DON'T BUY
DON'T BUY
September 14, 2018

Doesn't pay much attention to it. Formed a base around $30, breaking a downtrend since mid-2017. High volatility and that'll continue. Unless these jitters settle down, it could test this summer's low.

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Cineplex Inc (CGX-T)
September 14, 2018

Doesn't pay much attention to it. Formed a base around $30, breaking a downtrend since mid-2017. High volatility and that'll continue. Unless these jitters settle down, it could test this summer's low.

HOLD
HOLD
September 11, 2018

She has been a long-term holder of the company. It is diversifying its revenue stream. Theater is currently about 75% of their revenues, but management expects that over time the other activities will account for about 2⁄3 of revenues. This will take time, and she is giving management time to execute on their strategy. Yield 5.4%.

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Cineplex Inc (CGX-T)
September 11, 2018

She has been a long-term holder of the company. It is diversifying its revenue stream. Theater is currently about 75% of their revenues, but management expects that over time the other activities will account for about 2⁄3 of revenues. This will take time, and she is giving management time to execute on their strategy. Yield 5.4%.

HOLD
HOLD
August 23, 2018

Very strong management team. They are diversifying the business. One of the interesting things that is happening is that the cinema stocks had a bounced as Amazon.com (AMZN-Q) taking a position on Landmark Cinemas in the US. That sparked interest in the cinema stocks. (Analysts’ price target is $35.36)

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Cineplex Inc (CGX-T)
August 23, 2018

Very strong management team. They are diversifying the business. One of the interesting things that is happening is that the cinema stocks had a bounced as Amazon.com (AMZN-Q) taking a position on Landmark Cinemas in the US. That sparked interest in the cinema stocks. (Analysts’ price target is $35.36)

COMMENT
COMMENT
August 21, 2018

It had a very long uptrend, then broke below its 200-day average. Above the 50-day moving average means the short-term trend is up, which is positive, but he'd like to see a rise above the 200-day.

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Cineplex Inc (CGX-T)
August 21, 2018

It had a very long uptrend, then broke below its 200-day average. Above the 50-day moving average means the short-term trend is up, which is positive, but he'd like to see a rise above the 200-day.

HOLD
HOLD
August 16, 2018

Last year did not perform well. His guidance is to hold it a little longer, and try to get some capital back. Dividend yield is sustainable. May want to consider selling over the next quarter or 2 and cut your losses. Yield is 5.4%

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Cineplex Inc (CGX-T)
August 16, 2018

Last year did not perform well. His guidance is to hold it a little longer, and try to get some capital back. Dividend yield is sustainable. May want to consider selling over the next quarter or 2 and cut your losses. Yield is 5.4%

WATCH
WATCH
August 10, 2018

Used to own, took profits. Looking at it again. Not your ordinary movie house, they’re becoming an entertainment centre, which is a trend. But a tricky business. Likes management. Down 22% and yield is 6%, which is the kind of stock he likes.

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Cineplex Inc (CGX-T)
August 10, 2018

Used to own, took profits. Looking at it again. Not your ordinary movie house, they’re becoming an entertainment centre, which is a trend. But a tricky business. Likes management. Down 22% and yield is 6%, which is the kind of stock he likes.

WEAK BUY
WEAK BUY
August 3, 2018

They have great market share in Canada, but people don’t want to go to movies any more. He views it as a hold for income and does not see the recent down turn as being that negative. They have the capacity to do some more acquisitions to go into the full entertainment space in the US – especially play spaces for adults. He sees this as a weak buy right now.

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Cineplex Inc (CGX-T)
August 3, 2018

They have great market share in Canada, but people don’t want to go to movies any more. He views it as a hold for income and does not see the recent down turn as being that negative. They have the capacity to do some more acquisitions to go into the full entertainment space in the US – especially play spaces for adults. He sees this as a weak buy right now.

COMMENT
COMMENT
July 24, 2018

An intersting, well-managed company, but lacks blockbuster movies in the past year. Hand it to them for the Rec Room, though, for creating an entertainment centre. Short term, Cineplex depends on blockbusters. Be cautious here.

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Cineplex Inc (CGX-T)
July 24, 2018

An intersting, well-managed company, but lacks blockbuster movies in the past year. Hand it to them for the Rec Room, though, for creating an entertainment centre. Short term, Cineplex depends on blockbusters. Be cautious here.

PARTIAL BUY
PARTIAL BUY
July 10, 2018

She has owned this for years. The long pullback has created a buying opportunity. There have been some good films, so box office receipts should improve. In addition, the company is diversifying the ways it delivers entertainment, with more interactive activities that are fun for families, and is increasing the dollars per customer visit. This will not be a very growth-oriented company until the diversification’s value kicks in. There is risk because the company is drawing on its credit to fund its diversification.

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Cineplex Inc (CGX-T)
July 10, 2018

She has owned this for years. The long pullback has created a buying opportunity. There have been some good films, so box office receipts should improve. In addition, the company is diversifying the ways it delivers entertainment, with more interactive activities that are fun for families, and is increasing the dollars per customer visit. This will not be a very growth-oriented company until the diversification’s value kicks in. There is risk because the company is drawing on its credit to fund its diversification.

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