Cineplex Inc. (CGX)
Q: Hi 5i team,
What’s your thoughts on Cineplex at its current price at around $8 per share after the recent price drop of 18% on Tuesday? It seems to have been hit hard due to the failed deal and bad earnings. The price drop seems to be too much with some of their theatres opening up again. Do you see this as a potential play for a strong bounce over the next 12 months?
Thanks as always,
Jon
Q: Hi 5I
Following the announcement on Friday of cgx shareholder rights plan... what does that mean for the company and for share price going forward? Is it a good/bad neutral action on company’s parts.
Thx
Jim
Q: is cineplex a buy now with all measure taken to preserve cash, dominant player in the Canadian market
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