Viewing Opinion | StockChase

Cineplex Inc (CGX-T) opinion on 2017-10-11

Last Price Recorded: 39.2100 on 2017-12-15

ON STOCKCHASE SINCE May 2004

other services
other services
PARTIAL BUY

Christine Poole
Cineplex Inc was $38.650 at time of opinion
Owned : 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.

OPTIMISTIC

All opinions for CGX-T (389)

69 BUY
23 BUY on WEAKNESS
55 COMMENT
24 DON'T BUY
25 HOLD
1 PARTIAL BUY
3 PARTIAL SELL
73 PAST TOP PICK
4 SELL
1 SPECULATIVE BUY
1 STRONG BUY
92 TOP PICK
8 WAIT
6 WATCH
4 WEAK BUY
View All

More experts covering CGX-T

SAVE
Add CGX-T to Watch List

All opinions for CGX-T (389)

69 BUY
23 BUY on WEAKNESS
55 COMMENT
24 DON'T BUY
25 HOLD
1 PARTIAL BUY
3 PARTIAL SELL
73 PAST TOP PICK
4 SELL
1 SPECULATIVE BUY
1 STRONG BUY
92 TOP PICK
8 WAIT
6 WATCH
4 WEAK BUY
View All

More experts covering CGX-T

SAVE
Add CGX-T to Watch List

Last 60 Days Opinions

COMMENT
5 days ago
COMMENT
1 week ago
BUY
2 weeks ago
COMMENT
2 weeks ago
DON'T BUY
3 weeks ago
TOP PICK
1 month ago
PARTIAL SELL
1 month ago
DON'T BUY
1 month ago
COMMENT
2 months ago

No Comments.


You must be logged in to comment.

Successfully Saved Company