Investment Q&A

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

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!

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

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

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

Q: What is your opinion on an investment ( 5 year horizon) in Cineplex at this time
Thanks
Peter

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!

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.

Q: Have your opinions changed on the status of these companies since your responses in early August and if I wanted to take a speculative position, how would you rank these companies in order of preference.

Q: Good Morning Peter & Team,

Announcement today CGX will be opening some 160+ theaters across Canada. Down over 80% since it's highs in Aug 2017, what are your thoughts of a CGX recovery all things considered as they begin opening up for business?

Thanks for all you do

gm

Q: Thinking about taking a position in one of the following companies, given studios can now own movie theatres after Paramount Consent Decrees of 1948 have been removed. I have a 3-5 year horizon and think people will eventually come out of hiding ; ) Also, if there is another company (entertainment) that has been recently beaten-up that you prefer, please let me know.

Q: You've previously stated that CGX presents too much risk given its current debt load.

Given the recent ruling that they can open again with up to 50 patrons per screen (believe previous plan was 50 max per theatre) and Canada's success in controlling the virus, would you give them a 2nd look?

Q: I have a loss on CGX sell or hold?

Q: what about getting exposure to Cineplex via the recent convertible bond issues by the company?

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