Canada markets closed

Cinemark Holdings, Inc. (CNK)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
12.11-0.44 (-3.51%)
At close: 04:00PM EDT
12.01 -0.10 (-0.83%)
After hours: 07:48PM EDT

Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Sept. 30.

Sign in to post a message.
  • B
    Blitz
    Looks like it's going to deep below 11-10$.
  • T
    Turn
    Net loss attributable to Cinemark Holdings, Inc. for the three months ended June 30, 2022 was $(73.4) million compared with a loss of $(142.4) million for the three months ended June 30, 2021. Diluted loss per share for the three months ended June 30, 2022 was $(0.61) compared with diluted loss per share of $(1.19) for the three months ended June 30, 2021.
  • T
    Turn
    Net loss attributable to Cinemark Holdings, Inc. for the six months ended June 30, 2022 was $(147.4) million compared with a loss of $(350.7) million for the six months ended June 30, 2021. Diluted loss per share for the six months ended June 30, 2022 was $(1.23) compared with diluted loss per share of $(2.94) for the six months ended June 30, 2021. from business wire via yahoo.
  • s
    stewie
    so whis trying to time the bottom with me?
  • A
    Anonymous
    From the CNK second quarter earnings call:

    "We were pleased to generate $744.1 million of total revenue and $138.3 million of adjusted EBITDA, resulting in an 18.6% adjusted EBITDA margin."
    "We generated $143 million of free cash flow in the second quarter"
    "we continue to anticipate positive free cash flow generation for the full year"
    "domestic box office actually grew in three of the past four recessions"
  • V
    Val
    Have to like that Cinemark free cash flow positive Q2.
  • s
    stewie
    Wow who cares, stock market has ups and downs. I’m holding this company until they return to mid-high 20’s, your fear mongering does nothing
  • B
    Blitz
    Of course you're holding the stock because you're afraid to close the deal at a loss. It's not about your faith, it's about your fear of losing money. And your friend Vaal, who said in March that the paper would be above $20 by the end of the summer, "believes" in this paper for the same reason. And I, unlike you, am not looking for excuses like "the whole market is going down, it's not our fault, it's a bad market". I knew before you both that this stock behaves very strangely regardless of the market's behavior, and that you shouldn't buy it at $15-17, because the price won't go higher than $25-30 by the end of 2022. You already #$%$ yourselves with your predictions, so sit tight and watch mine turn out to be correct.
  • A
    Anonymous
    Q2 2022 box office revenues were at 71% of Q2 2019 (2.32B vs 3.26B).

    With one more month to go,
    Q3 2022 revenues are at 56% of Q3 2019 (1.58B vs 2.81B).

    I believe we will do well even in this quarter.
  • G
    Gab
    Total box office sales for the year 2022 are 70% of 2019 total, with a little over 3 months left to go. https://m.the-numbers.com/market/
  • S
    Steve F
    No comments here for 5 days. Might that mean the bottom is in ?
    Full disclosure: No position.........yet
  • S
    Steve F
    Lessons from Wall Street

    Sometime last month ‘Movie’ posted this:
    Upgrade from Morgan Stanley. Good to see. Cant wait for Imax and AMC earnings to start boosting stock price. :D

    Click on Cinemark ‘summary’ & choose one month for the chart on the right side. Not pretty is it.
    Today's lesson: Choose whatever investment style you like, but never, repeat never, take investment advice from these so-called research ANALysts.
  • s
    stewie
    Can’t respond to you Blitz because you are MUTED. Do you think you are wise? 90% of investors who purchased shares in the last 3-4 years are DOWN on every sector with the exception of energy and microchips.

    We still have faith in cinemarks recovery? We got caught in a bad market. Theatres are still packed, plenty of good movies coming in 2023. Im still holding, and I’m still averaging down
  • А
    Артём
    Oh, back to the 14.60-17.30 interval again. I've never seen anything like that.
  • s
    stewie
    Can’t wait until my 800 shares become the same value as a happy meal
  • M
    Movie
    See you guys back in NOV. Will buy in for 2023. :)
  • E
    ExtremeHackInvestor
    So much for my theory of re-evaluating CNK's valuation of NCMI in their Q3 earnings report. That stock got hammered today after their after hours earnings release yesterday. It's looking like a story for 2023 for both of those stocks.
  • S
    Sara
    I’ve always bought below $14, but I’m not sure I can stomach it this time. I know it’s more than likely CNK will go back up to at least $15, but nothing makes sense about this valuation. For a market that’s supposed to take a long term view, we’re really being hammered by a very predictably bad August and September.
  • s
    stewie
    jeremy you're gonna act all high and mighty when every stock is at 2020 or lower levels... lol ...
  • G
    Gab
    From Cinemark's 10Q today
    "In addition, we recorded an impairment of $86.8 million for our investment in NCM as NCMI’s stock price was significantly below the Company’s carrying value of NCM per common unit and due to the prolonged recovery of NCM's business."