Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Event Actual EPS Info Date; Earnings Report -1.550 CAD: Q2 2020 Earnings Release: 08/14/2020: Earnings Report -2.750 CAD: Q1 2020 Earnings Release: 06/30/2020 Among the conditions of the deal is that Cineplex’s debt does not exceed $725 million. Cineplex delays Q1, says Cineworld ‘remains committed’ to deal The Canadian exhibitor said both parties are working to bring the mega-deal to fruition by June 30. Ambrose O'Callaghan | May 16, 2020 | More on: CGX. Fool contributor Ambrose O'Callaghan has no position in any of the stocks mentioned. Like brick-and-mortar retailers, traditional theatres may be forced to scale back in the years to come. $(document).ready(function () { However, some have expressed optimism that light may be appearing at the end of the tunnel, with Cineworld CEO Mooky Greidinger earlier this week saying the prospect of reopening theatres before the end of June was “very realistic.”. Returns since inception, October 2013. Today, I want to discuss how Cineplex is looking in the month of May. Not to alarm you, but you’re about to miss an important event. // . Let’s dive in. Like its peers, the COVID-19 crisis put its dividend at risk. David Gardner owns shares of Amazon, Netflix, and Walt Disney. The stock did manage to latch onto the April rebound and increased 16% over the past month. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Back to the big screen. Cineplex on April 2 said it will keep its cinemas closed indefinitely and continue to monitor the situation and adhere to recommendations. The future of the movie theatre industry is in question. Cineworld’s share price has mirrored that trajectory, dropping from £220 in January to £21 in mid-March, before climbing to above £60 per share at press time. Cineplex has said that it will take several steps to comply with new pandemic restrictions as Canada aims for a reopening. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Cineplex Turnuvaları İstatistikleri Ödül Havuzu Zirve İzleyici İzlenme Saati From connection plan innovation and new ad opportunities to research and ratings. Postmedia had also taken advantage of the relief, opting to delay its most recent quarterlies until this week. A No Passes restriction may apply to select movies and events. In the two months since the COVID-19 pandemic necessitated global cinema closures, Cineplex has temporarily laid off thousands of part-time workers while Cineworld has also furloughed employees across its U.K. and U.S. subsidiaries as the companies look to weather an unprecedented crisis for the theatrical exhibition sector. Live on Passive Income: 3 Top TSX Dividend Stocks to Buy in October 2020, Wherever the Market Goes, I’m Buying These Top TSX Stocks, Why Canopy Growth (TSX:WEED) Stock Fell Over 11% Last Month, Why Hexo (TSX:HEXO) Stock Fell 8.4% Last Month, 1 Safe High-Yield Dividend Stock to Buy for October. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Please read the Privacy Statement and Terms of Service for more information. However, there are still huge questions about its financial future. Retail, restobar and recreational traffic on the rise: Report, ICYMI: Mediabrands’ C-suite hire, Heartland’s return and more, Pandemic Pivot: Adapt Media is now investing in intelligence, Hivestack appoints Nikki Hawke as first CMO, Virtual Roundtable: Fashion retailers emerge from hibernation, Virtual Roundtable: Auto brands in the driver’s seat, Spotted!

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