The Cineworld (LSE:CINE) share price was down heavily this morning as the battered cinema owner announced its latest set of interim results to the market. The Cineworld share price looks cheap and could produce huge returns if profits get back to 2019 levels, but it's also facing major headwinds. Let’s conquer your financial goals together… faster! That’s not a way to consistently make money in the markets. The primary difference is that many Cineworld locations feature premium brands that are sold by outlets of popular chains. What we do know is that the mid-cap faces a huge number of uncertainties ahead. We may also publish information about consumer credit, loan, mortgage, insurance, savings and investment products and services, including those of our affiliate partners. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. 3 of the best UK shares I’d buy today to make a million, UK: Freelance Credit Card / Personal Finance Writer, The questionable acquisition of Canada’s Cineplex chain was also shelved, A Top Small-Cap Stock from The Motley Fool UK. We do not provide personal advice neither will we arrange any product on your behalf. Not only does this company enjoy a dominant market-leading position…. Registered in England & Wales. In such a scenario, Cineworld would likely be forced into another cash raise to complement the $360.8m additional liquidity raised in the first half. While COVID-19 may have thrown the company a curveball, management have acted swiftly to ensure this business is as well placed as it can be to ride out the current period of uncertainty… in fact, our analyst believes it should come roaring back to life, just as soon as normal economic activity resumes. Cineworld price for concessions is comparable with the prices charged by other movie theaters operating in the same areas. Because we're offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our 'no quibbles' 30-day subscription fee refund guarantee. That’s why we think now could be the perfect time for you to start building your own stake in this exceptional business – especially given the shares look to be trading on a fairly undemanding valuation for the year to March 2021. Tightened restrictions would also hit the film slate with studios forced to suspend production. Cineworld Group PLC is a major chain of movie theaters that operates in the UK, Ireland, Jersey and many parts of Europe under the name of Cinema City International. Important information and risk disclaimer: The value of shares and any income produced can fall as well as rise, and you may get back less than you invest. The latest Cineworld Group plc (CINE) Ordinary 1p share price (CINE). All rights reserved. Cineworld Cinemas is a leading UK multiplex cinema chain and the best way to watch a movie. I’d avoid Bitcoin and buy cheap UK shares, 3 ways I think Donald Trump could indirectly influence the FTSE 100 price in October, Warning! Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes, different accounting and reporting standards, may have other tax implications, and may not provide the same, or any, regulatory protection. Enjoy your movie with essential cinema treats! Group revenue came in at $712.4m in the first half of 2020. With its high-tech screens and advanced cinema amenities, people are assured to be treated with at superb movie … With all of its sites and screens closed for much of the period, we already knew the numbers wouldn’t be pretty. Go large for just £1. The content provided in this article has not taken into account the circumstances of any specific individual, and does not constitute personal advice or a personal recommendation for any individual; neither should it be relied upon by any individual when making an investment decision. If you require any personal advice or personal recommendation, please speak to an independent qualified financial adviser. Please refer to FOS and FSCS for up-to-date information, including eligibility criteria. When booking online you will be asked to choose between different ticket types (e.g. Check out our top picks for the best share dealing brokers. Naturally, further lockdowns, be they national or local, could force their closure again. Its UK operation has 82 cinemas, 80 of which are found in Great Britain, and 1 each in Jersey and Ireland. View recent trades and share price information for Cineworld Group plc (CINE) Ordinary 1p. Terms and conditions apply. adult, child, student). Terms and conditions apply. Buying UK shares after market crashes is a better way to make millions, £5k to invest? You should not invest any money you can’t afford to lose and should not rely on any dividend income to meet your living expenses. So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. The group loss this year also marks a huge fall from the pre-tax profits of $139.7m seen in the first six months of 2019. No liability is accepted by the author, The Motley Fool Ltd or its Officers, or Richdale Brokers and Financial Services Ltd or its Officers, for any investment loss, or any other loss or detriment experienced by any individual for any investment decision, whether consequent to, or in any way related to this content, the provision of which is an unregulated activity. Go large for just £1. Company No: 3736872. Average performance of picks since inception. About Us  |  Contact Us  |  Fool Careers | The Fool UK Team  |  Legal Information  |  Disclaimer & Disclosure  |  Privacy & Cookie Statement  | GDPR | Terms & Conditions  |  Site Map. Can it recover? As expected, the Cineworld share price has been very volatile since markets tanked earlier in the year. All this before I’ve even mentioned that the company still has an awful debt burden to deal with. We have taken reasonable steps to ensure that any information provided is accurate at the time of publishing. Simply enter your email address below to discover how you can take advantage of this. The renowned analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW. Enjoy your movie with essential cinema treats! Cineworld Prices and Service Menu 2019. Unsurprisingly, this led it to report a whopping pre-tax loss of over $1.6bn, compared to a profit of almost $140m the year before. Data as of Tuesday, 6th October, 2020. CEO Mooky Greidinger was doing his best to keep spirits up, highlighting that the company had taken steps to reduce costs where possible. Each of these emails will provide a link to unsubscribe from future emails. VAT Number: 188035783. That’s not the sort of volatility that we at Fool UK like to get involved with. The vast majority of those still to invite movie-lovers back through their doors are located in the US (where the company makes most of its money). : Get the latest Cineworld Group stock price and detailed information including news, historical charts and realtime prices. In this capacity we are permitted to act as a credit-broker, not a lender, for consumer credit products. Should you require advice you should speak to a qualified financial adviser. The Motley Fool UK has no position in any of the shares mentioned. 13 brokers have issued 1 year target prices for Cineworld Group's stock. Cineworld’s share price tumble. Considering the quality of home cinema systems available to consumers these days, I’m not sure I would agree. I think Fools should look elsewhere. A premium Cineworld membership card entitles members to an unlimited movie binge for a good price. This card definitely saves money and even gives you an additional 10% discount on food and drinks from its local restaurants and food shops. Here’s your chance to discover exactly what has got our Motley Fool UK analyst team all revved up about this ‘pure-play’ online business (yes, despite the COVID pandemic!). Weekend prices apply on bank holidays. MyWalletHero, Fool and The Motley Fool are all trading names of The Motley Fool Ltd. Any performance statistics that do not adjust for exchange rate changes are likely to result in inaccurate real returns for sterling-based UK investors. Cineworld Cinemas is a multiplex chain under the Cineplex Group plc. Registered Office: 5 New Street Square, London EC4A 3TW. Forget the Bitcoin price! © 1998 – 2020 The Motley Fool. This little-known State Pension rule change could halve your retirement income overnight, 4 things within your control that can make or break your retirement dreams, Free Report: 5 Stocks For Trying To Build Wealth After 50. A Top Share with Enormous Growth Potential, Savvy investors like you won’t want to miss out on this timely opportunity…. Smarter, Happier, and Richer: read our Foolish guide to getting your finances in order. no certainty as to the future impact of Covid-19″, 561 out of 778) have reopened. The Motley Fool Ltd is an appointed representative of Richdale Brokers & Financial Services Ltd who are authorised and regulated by the FCA (FRN: 422737). Paul Summers | Thursday, 24th September, 2020 | More on: CINE. Stock market crash: which of these dividend-paying UK shares could make you filthy rich? On average, they expect Cineworld Group's share price to reach GBX 245.38 in the next year. This was just a third of what the company made over the same period in 2019. 08 August 2019 Interim Results for the 6 month period ended 30 June 2019 Find an investing service that’s right for you!