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.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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
Q: Hi 5i,
Concerning the CGX recently announced sale of Player One Amusement Group...Do you consider this positive or negative for the company and what are your expectations for this company, are they really as bad as share price seems to suggests?
Share price is not far off Covid lows when business was zero...Are they effectively managing increased interest rates cost on current debt or is that a big ;problem also.
Current longtime shareholder pre-covid and trying to make decision hold or sell, my time line is 2 year time frame.
Thx
Concerning the CGX recently announced sale of Player One Amusement Group...Do you consider this positive or negative for the company and what are your expectations for this company, are they really as bad as share price seems to suggests?
Share price is not far off Covid lows when business was zero...Are they effectively managing increased interest rates cost on current debt or is that a big ;problem also.
Current longtime shareholder pre-covid and trying to make decision hold or sell, my time line is 2 year time frame.
Thx
Q: Hi 5i
Today while market was busy crashing, CGX was heading higher in heavy trading. Do you have any idea what is going on? major news ?
I have been trying to start position at 7.75 and wondering if that price has slipped away...or just wait....my hold time frame is 1-2 years... in your opinion Increased risk given current market conditions?
thx
jim
Today while market was busy crashing, CGX was heading higher in heavy trading. Do you have any idea what is going on? major news ?
I have been trying to start position at 7.75 and wondering if that price has slipped away...or just wait....my hold time frame is 1-2 years... in your opinion Increased risk given current market conditions?
thx
jim
Q: no one really talks about cineplex. is it risky at this point with what I would assume is a lot of debt and the operating efficiency post-pandemic is different? Do you see this as a takeover target if they can some how restructure their debt by doing so?
Q: Could i have your thoughts on this company in particular the debt, are they making any headway in lowering their debt,also i just noticed their June numbers were back to 2019 pre pandemic level.Is their any hope for this or is loan servicing just too big an obstacle its too bad really considering the moat they have and the astronomical margins they must have on concessions.....Thanks
Q: in your view is this company still a high risk and a distressed debt play ?
Q: It's been a while since I have read comments on Cineplex. The analysts I saw believe it is a buy now at $9.43. What are your thoughts.
Thanks
Jim
Thanks
Jim
Q: Thoughts about Cineplex given the pandemic restriction rollbacks? How is the company doing financially? Is the debt under control? What is your view on the stock’s upside? Thanks in advance!
- Cineplex Inc. (CGX)
- iShares 1-5 Year Laddered Corporate Bond Index ETF (CBO)
- iShares Canadian Select Dividend Index ETF (XDV)
- iShares S&P/TSX 60 Index ETF (XIU)
- iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ)
- iShares U.S. Small Cap Index ETF (CAD-Hedged) (XSU)
- RBC Canadian Dividend Fund Series A (RBF266)
Q: Do to a few errors/mistakes in switching brokerages, I ended up removing these from an RRSP and TFSA accounts and left them in limbo in a non- reg account. I am aware of the serious overlap among the RBF266, XDV,CDZ and XIU. (They were in separate accounts at one time). If I should consolidate, what are your thoughts? What stays and what goes? If I were to begin selling and adding stocks, I was thinking BAM.A and ?Twenty year time frame. Have maxed TFSA.
Cheers and thanks,
Paul
Cheers and thanks,
Paul
Q: Happy holidays to everyone at 5i.
Cineplex has reached 1.24 billon deal with Cineworld. Even with yesterday's increase in SP, CGX is still trading at significantly lower market cap @ 800+ million. It looks like many investors do not believe CGX would actually get that money. What is your take?
Thanks always for your great service
Cineplex has reached 1.24 billon deal with Cineworld. Even with yesterday's increase in SP, CGX is still trading at significantly lower market cap @ 800+ million. It looks like many investors do not believe CGX would actually get that money. What is your take?
Thanks always for your great service
Q: Hi 5i
Cineplex announced earnings today. How did they do in your opinion and how do they look going forward.
Would you be interested in taking a position or adding to existing position at current price or wait, given recent share price increase. Why/why not.
Thx
Jim
Cineplex announced earnings today. How did they do in your opinion and how do they look going forward.
Would you be interested in taking a position or adding to existing position at current price or wait, given recent share price increase. Why/why not.
Thx
Jim
Q: What is your opinion on an investment ( 5 year horizon) in Cineplex at this time
Thanks
Peter
Thanks
Peter
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Q: Hello. I am a new subscriber and this is my first question. I have been "practicing" self directed investing for the past year with about 20% of my registered assets. I think I have a pretty good grip on the basics and am now ready to move ahead and invest the balance of my assets into the market. I am going to use your portfolio construction recommendations as a guideline. According to the plan, I am already heavy in # of stocks and lack solid allocation and diversification. The stocks I listed are the ones that are dragging down the portfolio and for the most part do not belong in the mix. If I sell now all the losses seem to be quite significant representing approx. 3.5% of my current portfolio of stocks and about 1.3% of my total available assets. I have the option of holding on hoping for recovery and using other cash to strengthen my good positions and add to more diversified positions. Or should I simply sell and move on with a clean slate to re-build the portfolio?
Q: Hello, as a recovery play and between these 2 movies chains, which one has the best balance sheet not to go bankrupt ? Do you think financial risk is too high ? Which one has the most recovery potential after the pandemic is over and finally which one would you side with if you had to invest money and why ? Thanks
Q: Hello team,
With Chinese flocking to their theaters as a sign of what is to come post Covid, do you think the pent up demand in Canada will save CGX? Or is CGX now too debt laden and too risky for investors to bother?
I don't like speculation so I guess I want to know if the worst is over and this is a real investment opportunity in a company which now has enough time to overcome its misfortunes and see better days ahead.
What is a good entry point if you want to play?
Thanks a bunch as always!
With Chinese flocking to their theaters as a sign of what is to come post Covid, do you think the pent up demand in Canada will save CGX? Or is CGX now too debt laden and too risky for investors to bother?
I don't like speculation so I guess I want to know if the worst is over and this is a real investment opportunity in a company which now has enough time to overcome its misfortunes and see better days ahead.
What is a good entry point if you want to play?
Thanks a bunch as always!
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Q: Enjoyed your article on year end tax selling,i picked the 9 stocks with the greatest estimated revenue growth for 2021 of these 9 could you pick your top 5 which have the best chance of a turnaround for 2021, could you rank them for growth and risk, thank you use extra credits if needed
Q: What are your current views on Cineplex considering recent progress on vaccines? Likelihood of bankruptcy?
Q: What is the probability of CGX to go bankrupt.