Questor share tips: buy Cineworld for performance and growth
Cineworld
218 p + 10 %
Questor says BUY
It was a great year for Cineworld so far - and the first instalment of the last Harry Potter film has not yet reached its "guarantee blockbuster" écrans.Ce must keep fully Cineworld seats in the last part of the year.
Yesterday, the second cinema chain in the country, said that in the 42 weeks at October 21, revenues increased by 8.5pc.Les results were stimulated by the success of releases 3D Shrek Forever after and Toy Story 3, as well as the traditional format of films such as The Twilight Saga: Eclipse.
Investment company in 3D screens is paid with after Toy Story being the largest release film of the year to date, more than 70 m £ the United Kingdom, grossing Ireland.The group plans to install another 150 digital projectors at the end of January, 2011.When this is finished, more than 50pc 801 screens of the Cineworld will be digital, with the majority being enabled 3D.
Another positive was the resurgence of advertising.There is "increasing signs of recovery in the cinema screen advertising market", said the Cineworld.
Group said that he is satisfied that deliver results throughout the year at least in accordance with the calendar published for the rest of the year strong marché.Le expectations and must support ce.Ainsi Harry Potter & the Deathly Hallows, other releases include the Chronicles of Narnia: voyage of the Dawn Treader and Tron.
Cineworld ticketing UK share also increased in the year to date 24 23 8pc 2009 5pc.
The shares are trading on earnings from December 2010 multiple 12.4, falling to 11.2 year prochaine.Le performance is a very healthy - and investors 5MC who buys on the original tip, 120 p March 15 should have locked in a super performance over 8pc.
Actions have shown considerable gains - increasing 82pc compared with the FTSE 100, place 51pc, but remain a purchase as a performance and a history of growth.
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