Cineworld Group - Re: CINE Stream Log - I love this company. It...

I love this company. It may never blow the lights out a la a Fevertree given its asset heavy operating model. But it's a cash machine all the same. £71.5m of pre-tax operating cash flow in H1! ; comfortably covering the incremental capex needed for expansion and broadly covering an interim dividend that was hiked 15%. And if / when the physical roll-out eventually slows the scope to ramp up that dividend is just tremendous. Couple with a strong balance sheet and the Greidinger family holding a residual 25% i.e. no shenanigans likely on their watch. And whats not to like. Only question mark is long term impact of streaming on cinema attendance. So far there seems to be no evidence that audiences (including the all important next generation) are shunning a day out at the pictures. I guess one to monitor. But barring a depression I think Cine should easily be able to hit £8+ in next 12 months.