London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
"I wonder if talks of bankruptcy are true but are actually only being considering as an option and as a last resort"
melonhead - this is very much in line with what pokerchips said earlier and I think is the most likely situation.
So a deal may still be done and if not then the Chapter 11 bankruptcy process which they are preparing for in advance is likely to begin in earnest. Either way the business keeps going (at least initially) but shareholders are likely to be hit hard and potentially left with nothing depending on what is agreed either in the deal or during the Chapter 11 proceedings.
So still some hope left - just not very much. Equally though, those saying it is definitely game over are just guessing the worst with whatever motive they have - they simply don't know. There is a every chance they will be right but If it was a racing certainty the share price would already be zero or at the very least it would have ceased trading. Instead its low value reflects the current poor prospects viewed for shareholders.
Damiansasha: timing is essential here. McColl’s leapt up because of the belief that Morrison’s would (almost magically) rescue it even though it was crippled by debt. It didn’t happen and the company disappeared. Revlon leapt up AFTER filing for bankruptcy protection because (1) US law allows for US listed companies to trade after that (I don’t think it’s the case for UK listed companies - please somebody correct me if I’m wrong) and (2) Morgan Stanley exploited the meme craze to buy a lot of shares (for peanuts) which made PIs pile En masse, thus driving up the SP even higher - but Revlon will still probably disappear because of its horrific finances. So McColl’s rose because of half-believable takeover hopes, Revlon was pure manipulation.
Are you typing for likes , you have been on lse for a matter of days. Who are the rampers you refer to , why demonise rampers yet not be a critic of the 1000s of vile comments here last few months.
I can assure you rampers have always been called out , bc2020 was one, Jordan another for trying to start false rumours of a take over.
I'm all open to critism of this share but if you think while say 70p someone with a one line post of it will be bankrupt soon and 10p is OK then you need to get your head tested.
This board has been awash with trolls for a couple of years , offering no reason to the opinion they type and often spouting their views multiple times a day. You only have tobsee the last few days as evidence of that.
If you refer to the rampers who were the ones who invested long term in the company , saw some fundamentals that made them press the buy button and enjoyed chatting about the collective investment they are invested in then like most here you have no idea what a ramper is. Are we not supposed to offer our own personal views.
The posters who I enjoyed listening to offererd good conversation , backed up their opinion with sources or facts and NEVER ever encouraged others to buy.
Trolls on the other hand done the exact opposite. Yet the so called rampers should hang their heads In shame.
And the ones that want to go to town like the rest show me proof where I have encouraged others to buy and ramped this share.
Damn right. Emotions have led those to sell today. Those who did, sold at a loss. We apes will hold onto this stock till the fat lady stops singing. This is part of the restructuring to provide the company more capital to survive. This company will not go away, but us investors are in it for the long haul. That's the only downside. Be strong people.
I was booked in for an operation on December 3rd 2021 and lost 5k on that morning. And I have lost the same today , I put in a sell order at Halifax negotiated when it was 2p but ended up getting 3.8p. We have all lost money my fondest commiserations to all losers on Cine but keep your heads up ! We have good times and bad times. Chins up and keep at it. Best Harry
Anyone remember Hertz?This announcement is for restructuring...Hertz shareholders werent wiped out.And Hertz is not bankrupt....hopefully CINE go the same route as Hertz and we at least get something back.Debt gone,free to trade.
Wednesday’s RNS stated that existing shareholders could be very heavily diluted if any restructuring took place, and not completely wiped out.
Seems strange that within 48 hours, they are starting the ball rolling with bankruptcy…
I wonder if talks of bankruptcy are true but are actually only being considering as an option and as a last resort… Surely creditors (including Cineplex) and the board wouldn’t want this to go bankrupt?
For all of us that have deep in red with this, does anyone know if there's a real tangible change, even remote that something might be done for our shares to be saved ? I am looking at what happened with Revlon (Revlon files for bankruptcy in US after supply chain trouble and surging costs. Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection in the US, weighed down by debt load, disruptions to its supply chain network and surging costs) and the following day or 2 the share went from 1.93 to 9.11. If you google it, there's a lot of infos but I can't really understand what's going on ... Then the same happened with MC Coll's on the day there was a rumour of it being taken over by Morrisons ... The share surged for like 24 hours ... Anyway, I've already put my heart at peace but just looking to see if a miracle is feasible. Deramper get off my chat, thanks
LOLZ. So it's been changed to 'next couple of weeks' huh? This is no better than a football transfer rumours forum. I've said it before, we had this ages back when Alix were reported to be working with Cine to wind it up. F-All happened. Could the original WSJ columnist have just been putting meat on the bones on the RNS along with asking his mate on Wall St what he thinks and it's gone viral? Pi55 myself if this turned out to be a massive case of 'my mate down the pub said...'
Wise words SP. The media would not know fact from fiction if it stared them in the face. Their atttention is to make headlines so they can sell the 5hit they produce. As you correctly state ( and the media have been abusing as opposed) to using terms potentially, expected, envisaged and the oh so famous 'an insider source, who refused to be named.' None of this ie ever to be taken as factual information. All set to scare and control people. The media do not report fact just what they want you to hear based on their agenda. Some good posters on this board and added this to my portfolio yesterday and today.
I do do deeply feel for those that are down considerably. At the same time i do detest those that mock or take relish in this. Lowest form of life, prawns, bottom feeders. Remember they have their agenda too!
Regards and a great weekend to the truly invested.