REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Vancouver LifeStyles (VLS) > The Business and Financial Forum

The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE!
Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance.

Reply
 
Thread Tools
Old 12-17-2020, 04:08 PM   #10751
RS has made me the bitter person i am today!
 
Hehe's Avatar
 
Join Date: Dec 2002
Location: YVR/TPE
Posts: 4,802
Thanked 2,887 Times in 1,240 Posts
Failed 626 Times in 198 Posts
I think what WB is doing with HBO Max is going to be the end of cinema as we know it.

The same way WB put the final nail on the format war between Bluray and HDDVD.

If they are streaming their blockbusters, with so many people have like 65+ or 80+ inch TV, the appeal of going to cinema is really going downhill.

And the coronavirus basically accelerated the trend. Even with vaccines and all, when will people start feeling safe to go to movies again? Yes, maybe the majority doesn't care about covid restrictions, let's just say 30% will shift their behavior in respect to how to consume their movies, that'd mean 30% less movie ticket sales.

Movie distributors might be watching how WB does with their trial on HBO Max. If it goes well... Cineplex will go the same way as blockbuster.
Advertisement
__________________
Nothing for now
Hehe is online now   Reply With Quote
This post thanked by:
Old 12-17-2020, 04:15 PM   #10752
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 37,729
Thanked 15,060 Times in 6,020 Posts
Failed 2,068 Times in 693 Posts
Especially when the massive production companies can start pushing their movies through streaming services and then have those streaming services bill for the movie. IE. Prime Video

Using a 3rd party service to charge for your new movie releases is genius. Who wants to pay WB or any other production company for a BR, or even through On-demand content, but when you see that movie sitting on Prime, Netflix, etc. and its a click away and billed to your account which is already active, it's a no brainer
__________________
Dank memes cant melt steel beams
Hondaracer is online now   Reply With Quote
Old 12-17-2020, 04:20 PM   #10753
I contribute to threads in the offtopic forum
 
SpeedStars's Avatar
 
Join Date: Jul 2012
Location: Vancouver
Posts: 2,915
Thanked 4,452 Times in 1,028 Posts
Failed 263 Times in 82 Posts
I think people tend to forget Cineplex is essentially a monopoly in regards to theaters in Canada so they don't really need to innovate. They only need to exist to screen new movies. If the movie production companies begin to do day 1 digital I could see it being over for cgx.
__________________
'16 WRX

'93 GSR

'99 EXPEDITION
SpeedStars is offline   Reply With Quote
Old 12-17-2020, 04:36 PM   #10754
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 37,729
Thanked 15,060 Times in 6,020 Posts
Failed 2,068 Times in 693 Posts
Blockbuster was a monopoly as well comparatively.
__________________
Dank memes cant melt steel beams
Hondaracer is online now   Reply With Quote
This post thanked by:
Old 12-17-2020, 09:35 PM   #10755
My homepage has been set to RS
 
MelonBoy's Avatar
 
Join Date: Oct 2005
Location: Vancouver
Posts: 2,146
Thanked 276 Times in 108 Posts
Failed 28 Times in 12 Posts
Quote:
Originally Posted by Mr.Money View Post
i have a real question for you guys on a money move.


Cineplex is crashing and burning right now,you take the big gamble and buy in while its allll nice and low and next years its all in the green?
I took a small position.. probably average down if it continues to drop.
Good thing is its a monopoly plus it has secured funding till end of 2021. So if it does flop it won't be flopping soon lol



Quote:
Originally Posted by Hondaracer View Post
Blockbuster was a monopoly as well comparatively.
I would disagree. Blockbuster was done in by a better alternative in their "home video/movies market". Imo, cineplex is about the experience of the big screen/crowds/social gathering/dates. Which isn't replicable at home..

Also I don't think movie producers/actors/actresses would allow it for movies to go directly to streaming.. Would be/is a huge push back from the industry because of the loss of revenue from ticket sales
__________________
Quote:
Originally Posted by getalove View Post
i took a shit in the shower and i tried to use my heel to push it down the drain
MelonBoy is offline   Reply With Quote
This post thanked by:
Old 12-18-2020, 08:57 AM   #10756
RS has made me the bitter person i am today!
 
bcedhk's Avatar
 
Join Date: May 2005
Location: 604
Posts: 4,506
Thanked 1,727 Times in 547 Posts
Failed 335 Times in 77 Posts
Quote:
Originally Posted by MelonBoy View Post
I took a small position.. probably average down if it continues to drop.
Good thing is its a monopoly plus it has secured funding till end of 2021. So if it does flop it won't be flopping soon lol





I would disagree. Blockbuster was done in by a better alternative in their "home video/movies market". Imo, cineplex is about the experience of the big screen/crowds/social gathering/dates. Which isn't replicable at home..

Also I don't think movie producers/actors/actresses would allow it for movies to go directly to streaming.. Would be/is a huge push back from the industry because of the loss of revenue from ticket sales
There's a lot of movies that have been on Netflix/Prime Video.

I'm sure with COVID and with more people looking to watch from the comfort of their own home, they will be willing to fork out $10-15 to stream a movie. The industry will need to innovate and find another stream of revenue (e.g. mini shows on youtube, ads, merch)
bcedhk is offline   Reply With Quote
Old 12-18-2020, 09:10 AM   #10757
I answer every Emotion with an emoticon
 
Join Date: Nov 2002
Location: 604
Posts: 7,983
Thanked 4,418 Times in 2,124 Posts
Failed 296 Times in 140 Posts
Going to the movies is an 'experience' that can't be quite replicated by streaming at home. Sometimes, it is a family going out together experience. Or, a teenage/young adult rite of passage experience. No matter how big of a subwoofer you have at home, those action packed movies is better in the theatre. The aging population that prefers to watch movies in their pajamas at home instead of the hassle of going to a theatre was there pre-Covid - this is just a stage of life. People are dying to get out of their house (which for many now, is their office) ... Cineplex should bring you some gains in 2021. Not retire early gains but good steady gains ... I think.
whitev70r is offline   Reply With Quote
This post thanked by:
Old 12-18-2020, 10:44 AM   #10758
I don't get it
 
Join Date: Jan 2007
Location: vac
Posts: 449
Thanked 263 Times in 96 Posts
Failed 7 Times in 6 Posts
I get that the theatre experience is different than staying at home, but I'm guessing the large movie chains will be replaced by boutique experiences soon enough. The price point will be much higher as well. I just don't see them being able to innovate enough.

I personally wouldn't park any funds into Cineplex, AMC or Cinemark. If you're looking for a reversal, try Gamestop.
eclipseman is offline   Reply With Quote
Old 12-18-2020, 03:35 PM   #10759
RS has made me the bitter person i am today!
 
Hehe's Avatar
 
Join Date: Dec 2002
Location: YVR/TPE
Posts: 4,802
Thanked 2,887 Times in 1,240 Posts
Failed 626 Times in 198 Posts
Last 5min today at closing was epic for TSLA movements. That 63M shares buy order at 695 sealed the deal... pretty much last second too.

Not sure if there's anyone else holding TSLA here. But congrats to all TSLA holders. We are in the BIG BOY club now! Hello S&P500
__________________
Nothing for now
Hehe is online now   Reply With Quote
This post thanked by:
Old 12-18-2020, 04:52 PM   #10760
Need my Daily Fix of RS
 
DGN23's Avatar
 
Join Date: Apr 2013
Posts: 282
Thanked 170 Times in 68 Posts
Failed 15 Times in 5 Posts
Theatres have an uphill battle ahead of them IMO. Disney is no doubt already at least considering using their streaming service to release all future films.

As for the people are eager to get out of the house arguments. Are people chomping at the bit to get out of the house? Yes. Are they chomping at the bit to get out of the house and go sit silently inside a theatre to watch a movie? Doubt it.
DGN23 is offline   Reply With Quote
This post thanked by:
Old 12-18-2020, 05:21 PM   #10761
Diagonally parked in a parallel universe
 
see.lai's Avatar
 
Join Date: Apr 2011
Location: Vancouver
Posts: 1,414
Thanked 710 Times in 343 Posts
Failed 48 Times in 22 Posts
Quote:
Originally Posted by Hehe View Post
Last 5min today at closing was epic for TSLA movements. That 63M shares buy order at 695 sealed the deal... pretty much last second too.

Not sure if there's anyone else holding TSLA here. But congrats to all TSLA holders. We are in the BIG BOY club now! Hello S&P500
Joined late to the TSLA gang after spectating this thread during this year. Averaged down to $417 post split. Feelsgoodman.

That last 5-10 minutes was definitely intense. Lots of juicy opportunities today, but whoever got in during that large dip at the end of the day, congrats.
__________________
15" 328i Wagon
see.lai is offline   Reply With Quote
This post thanked by:
Old 12-19-2020, 05:51 PM   #10762
Rs has made me the woman i am today!
 
Mr.Money's Avatar
 
Join Date: Jan 2011
Location: Vancouver DT
Posts: 4,322
Thanked 2,797 Times in 916 Posts
Failed 1,257 Times in 270 Posts
its insane to me the few people automatically assume every studio is gonna go digital.



mean while these banger movies like ghost busters is holding out for 2021.
__________________
Fly Your Own Flag.
Mr.Money is offline   Reply With Quote
Old 12-19-2020, 06:13 PM   #10763
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 37,729
Thanked 15,060 Times in 6,020 Posts
Failed 2,068 Times in 693 Posts
Those that don’t go digital will be left behind and forced to eventually
__________________
Dank memes cant melt steel beams
Hondaracer is online now   Reply With Quote
This post thanked by:
Old 12-19-2020, 07:35 PM   #10764
To me, there is the Internet and there is RS
 
underscore's Avatar
 
Join Date: Apr 2007
Location: Okanagan
Posts: 16,722
Thanked 9,405 Times in 4,095 Posts
Failed 427 Times in 225 Posts
There will be at least some market for movie theatres so long as teenagers need a dark place to make out for 2 hours.
__________________
1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
1992 Toyota Celica GT-S ["sold"] \\ 2007 Jeep Grand Cherokee CRD [sold] \\ 2000 Jeep Cherokee [sold] \\ 1997 Honda Prelude [sold] \\ 1992 Jeep YJ [sold/crashed] \\ 1987 Mazda RX-7 [sold] \\ 1987 Toyota Celica GT-S [crushed]
Quote:
Originally Posted by maksimizer View Post
half those dudes are hotter than ,my GF.
Quote:
Originally Posted by RevYouUp View Post
reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z
Quote:
Originally Posted by Good_KarMa View Post
OH thank god. I thought u had sex with my wife. :cry:
underscore is offline   Reply With Quote
Old 12-19-2020, 07:48 PM   #10765
RS has made me the bitter person i am today!
 
Hehe's Avatar
 
Join Date: Dec 2002
Location: YVR/TPE
Posts: 4,802
Thanked 2,887 Times in 1,240 Posts
Failed 626 Times in 198 Posts
I don't think cinema will disappear completely. But just think about it... if there's a movie you want to watch, instead of checking for schedule, making sure you get in time, line-up (for blockbusters), expensive drinks and popcorns... etc

vs.

comfort at home, no people bothering, and can bang the chick if so wanted, start whenever I want. Pause if I need to take a leak... etc

It's just not even on the same level of comfort. Yes the cinema has some crazy laser projectors with Dolby Atmos with a gazillion speakers, but at the end of the day, convenience almost always win.

It's like going to the arcade vs. playing games at home... kids today don't even really know what an arcade is anymore. Their knowledge of "arcade" probably came from Wreck It Ralph.

Up until now, we go to the movies because that's the ONLY option if you want to see the latest blockbusters. If now given the options... I know I'd be the first to sign up because that means I don't have to work around the schedule, I don't have to find a babysitter, and I don't have to check my wife or whoever I go movie with schedule. Just hit "play" and go. And I'm just an average Joe... my life's limitations are those of thousands in the city.
__________________
Nothing for now
Hehe is online now   Reply With Quote
Old 12-19-2020, 08:11 PM   #10766
I answer every Emotion with an emoticon
 
Join Date: Nov 2002
Location: 604
Posts: 7,983
Thanked 4,418 Times in 2,124 Posts
Failed 296 Times in 140 Posts
Cineplex was ~$34 preCovid. It's at $9 now ... do you think you could double your investment in a year? It doesn't need to get back to $34 for you to get some gains, all it has to do is get to $20.

As with NCLH ... it was ~$60US before Covid, it is now $25US. All it needs to do is get back to like $40US in the next year or so for some decent gains.

Not retire early gains but still ... the potential or possibility is there.

Same with AC if you got in at $16 when it hit rock bottom, it is already at $23. At one point, I think it went up to $26.
whitev70r is offline   Reply With Quote
Old 12-21-2020, 08:25 AM   #10767
SFICC-03*
 
Join Date: Mar 2002
Location: richmond
Posts: 8,400
Thanked 2,872 Times in 1,155 Posts
Failed 153 Times in 76 Posts
personally i think cineplex has potential to recover some of it's losses, enough that if you time it properly you can make some money, but who can say with the changing market, anything is possible.

AC and airlines on the other hand, they will almost certainly recover eventually.

cruiselines will recover but not as easily as airlines imo. i think the industry is damaged.

anyway just my 2c. not currently holding any of these.
unit is online now   Reply With Quote
Old 12-21-2020, 10:58 AM   #10768
RS has made me the bitter person i am today!
 
Hehe's Avatar
 
Join Date: Dec 2002
Location: YVR/TPE
Posts: 4,802
Thanked 2,887 Times in 1,240 Posts
Failed 626 Times in 198 Posts
IMO, if anyone wants to make some play on travel industry as a whole, be it cruise liners or airlines, you should be ready to be in it for the long term. Say 2+ years for some significant return.

However, that timeline is not for the faint of heart because there might be some shocks in between. I'd probably load up some long term OTM calls spread out different dates for cheap and be done with rather than buying stocks since there's too much volatility ahead.
__________________
Nothing for now
Hehe is online now   Reply With Quote
This post thanked by:
Old 12-21-2020, 12:08 PM   #10769
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 37,729
Thanked 15,060 Times in 6,020 Posts
Failed 2,068 Times in 693 Posts
I’m back on NCLH.

Got tired of watching the small swings every day, took advantage of the dip today and back in it for the long term.
__________________
Dank memes cant melt steel beams
Hondaracer is online now   Reply With Quote
Old 12-21-2020, 06:30 PM   #10770
Rs has made me the woman i am today!
 
Mr.Money's Avatar
 
Join Date: Jan 2011
Location: Vancouver DT
Posts: 4,322
Thanked 2,797 Times in 916 Posts
Failed 1,257 Times in 270 Posts
i'd bet on rich old retirees too, this is long term though if you cannot afford to have anything tied up too long i wouldn't have done it.



some strange reason you always hear old people hype up cruises and you'd never catch me on one knowing with 20 grand i can do a lot more.
__________________
Fly Your Own Flag.

Last edited by Mr.Money; 12-21-2020 at 10:47 PM.
Mr.Money is offline   Reply With Quote
Old 12-21-2020, 06:39 PM   #10771
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 37,729
Thanked 15,060 Times in 6,020 Posts
Failed 2,068 Times in 693 Posts
Yea cruises have zero appeal to me but the thirst for them seems unquenchable lol
__________________
Dank memes cant melt steel beams
Hondaracer is online now   Reply With Quote
Old 12-22-2020, 02:12 PM   #10772
I *heart* Revscene.net very Muchie
 
Join Date: Nov 2004
Location: vancouver
Posts: 3,665
Thanked 760 Times in 383 Posts
Failed 150 Times in 49 Posts
Quote:
Originally Posted by whitev70r View Post
Cineplex was ~$34 preCovid. It's at $9 now ... do you think you could double your investment in a year? It doesn't need to get back to $34 for you to get some gains, all it has to do is get to $20.

As with NCLH ... it was ~$60US before Covid, it is now $25US. All it needs to do is get back to like $40US in the next year or so for some decent gains.

Not retire early gains but still ... the potential or possibility is there.

Same with AC if you got in at $16 when it hit rock bottom, it is already at $23. At one point, I think it went up to $26.
i agree....i got AC at like 13.45
blkgsr is offline   Reply With Quote
Old 12-22-2020, 02:30 PM   #10773
RS has made me the bitter person i am today!
 
bcedhk's Avatar
 
Join Date: May 2005
Location: 604
Posts: 4,506
Thanked 1,727 Times in 547 Posts
Failed 335 Times in 77 Posts
Quote:
Originally Posted by unit View Post
personally i think cineplex has potential to recover some of it's losses, enough that if you time it properly you can make some money, but who can say with the changing market, anything is possible.

AC and airlines on the other hand, they will almost certainly recover eventually.

cruiselines will recover but not as easily as airlines imo. i think the industry is damaged.

anyway just my 2c. not currently holding any of these.
Do you think Netflix, Sony or heck even Amazon swallowing up Cinaplex?
bcedhk is offline   Reply With Quote
Old 12-22-2020, 02:35 PM   #10774
I answer every Emotion with an emoticon
 
Join Date: Nov 2002
Location: 604
Posts: 7,983
Thanked 4,418 Times in 2,124 Posts
Failed 296 Times in 140 Posts
Quote:
Originally Posted by bcedhk View Post
Do you think Netflix, Sony or heck even Amazon swallowing up Cinaplex?
If that's the case, then CGX would make some gains ... win win.
whitev70r is offline   Reply With Quote
This post thanked by:
Old 12-24-2020, 11:30 AM   #10775
I have named my kids VIC and VLS
 
Hondaracer's Avatar
 
Join Date: Oct 2001
Posts: 37,729
Thanked 15,060 Times in 6,020 Posts
Failed 2,068 Times in 693 Posts
Quote:
Originally Posted by Razor Ramon HG View Post
I myself got into BTWN earlier today on the dip.

It's a SPAC backed by Richard Li and Peter Thiel. Rumored to take Tokopedia, a leading Indonesian ecommerce platform public. Was all over Bloomberg yesterday.

Definitely a gamble since Tokopedia is also mulling over just doing an IPO with Morgan Stanley and Citi as advisors.. but I read they've been talking about going public for years now. Seeing as a SPAC can bring them public in a matter of months, perhaps SoftBank can push them in this direction.

With that said, I had never heard of Tokopedia prior to doing my research yesterday. If I can't get Tokopedia through a SPAC, I'll probably buy some when they IPO.. Shopee is another big ecommerce platform in Indonesia (and many other countries in SEA) and Sea Limited (which owns Shopee) has been a good investment for me.
So what’s the plan with BTWN? Lol

I got in around same time as you here and it’s seen like a 15-18% gain so far
__________________
Dank memes cant melt steel beams
Hondaracer is online now   Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 10:51 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net