Hi Pat: Thanks for all your great advice over the years. I’m interested in your thoughts on Cineplex. It has a big market position, but the P/E seems quite high. Thanks again.

Cineplex Inc., $41.60, symbol CGX on Toronto (Shares outstanding: 62.9 million; Market cap: $2.6 billion, www.cineplex.com), is the dominant movie theatre operator in Canada and the fifth-largest in North America.

The company owns or has interests in 161 theatres containing 1,632 screens. Its brands include Cineplex… Read More