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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.
Read Answer Asked by John on January 02, 2025
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!
Read Answer Asked by Jo-Anne on April 02, 2024
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