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5i Report
Review of Cineplex
JAN 09, 2020 - We are dropping coverage as Cineplex has announced it will be taken over by UK-based Cineworld. Shares are to be de-listed from the TSX following the transaction.
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Q: Happy New Year! Looking for some direction on Cineplex. I've held about 2000 shares since 2009 with an average cost of $23.00. I missed selling it off when the pandemic hit and am wondering if I should continue holding out hope it might come back to levels close to $20.00, or should I cut my losses? I don't have any gains to be offset by taking a loss right now. I am planning to retire within the next two years. Thank-you.
Q: Hi there, I am down 40-80% on BTO, CGX, and WELL (as well as Andrew Peller, which I already know to sell based on your dropping coverage). I am wondering if there is any point on still holding these stocks, or if I should just sell them so I can put the remaining money somewhere else?
Thank you!
Thank you!
Q: Hi 5i
How do you view CGX current earnings.... another big hit to the share price...
Current share holder, still have a 2 year horizon but trying to decide.... buy hold or move on.
Thx
How do you view CGX current earnings.... another big hit to the share price...
Current share holder, still have a 2 year horizon but trying to decide.... buy hold or move on.
Thx
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