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That's today's spike over
@indepthwins already dabbled with AML, I’m no noob to the scene I just like to watch from the sidelines where everyone baits each other, it’s quite entertaining sometimes, i’ve hit the boards as my day job is very similar to Cine with regard to the public pulse, I hope it came as a fresh view for you all, yeah I’ve won and lost on AML and will poss go again on a one day window around the 30th after Q2 results (if not already factured into the SP) and Moers twirling the spanners on the 1st August, we shall see!
Good post spangly, by the way!
Got to hand it to Indepth, never misses a chance to run his big mouth off!! AML getting it now!! Lol
Fair enough
A typical uneducated comment on AML @indepthwins.... it's a new company, now with massively different business model, new predicted about to hit the roads after years of investment to develop, new BoD headed by a turnaround specialist, increasing ties with Mercedes high can only be good. History is history.
I’ve had to read up on BBL, we mostly deal with joe public as the Bounce back loans are for businesses it suggests, I’m saying the public (95% of my customer base) are spending their own cash out the bank, only approx 45% of customers are taking out finance supported by a deposit from you guessed it their bank account, this is also setup as a direct debit with no payment holiday... Money is out there and I feel if the so called recession is inevitable people will hit the cinema hard as it’s good, cheap (compared with other outlets) entertainment, the bit that amazes me the most is the 100’s of customers coming out to just have a look around and don’t even commit to buy! You can’t really do that at big screen, I hear what others are saying tho, it’s the US side that’s going to stall things, the UK will have no issue getting out there as long as the doors open on time!
If you actually are in car sales, I'm not surprised.
The government have been giving out cheap car finance - otherwise known as 'Bounce Back Loans'....
EVERYONE I know who received the loans has either cleared existing finance on vehicles, bought new vehicles or invested in business equipment or property with the cash.
It's a no brainer....
Vehicle finance = 9%+/-
BBL = 2.5% / 0 Payments & Interest for a year / No personal Liability / The easiest application known to man, 15 questions then £50k in your bank the day after.
Just wanted to share my experience as a direct customer facing sales executive in the current climate, it’s busy! very busy! I’m not trying to ramp as I know it’s all tosh on the boards bear or bull and doesn’t affect the SP to my knowledge anyway, I do however edge on the positive and have to be as I’m in deep here for my budget with 25k shares @ 72p avg so naturally want this to fly when the doors finally open and it will! How do I know, well, I work in a large uk city (not London) and have been back since June the 1st after furlough in a 50/50 indoor outdoor environment selling the next big thing to buying a house, I’m not trying to be cryptic simply keeping myself off the radar for any employment fallout, we are looking out for the customer with PPE wherever possible and our own colleagues which is more of a challenge naturally but nobody has moaned or been ill (that’s visually obvious) in the last 7 weeks together, our team is twice the size of an average shift at a Cineworld, I’ll cut to the chase, our lovely customers who have come in droves (most) do not give a flying **** about Covid, I don’t mean they want to hug you or fight you, they respect it but want to spend their cash! Yes there are some people who are more freaked out but they are either more at risk or older and we handle it well for them, it’s all very simple and should be even easier in a cinema as generally people don’t move about much, coming back to them spending cash, I have all but boxed off 2/3 of my monthly target in the first week of July! June wasn’t bad either we were just finding our feet and I missed my target by a whisker which was a pre lockdown target I hasten to add! If all is ok with the new WHO airborne BS which I have to debunk as I mostly work inside with approx 30 people with a/c on and nobody, not a single person has shown symptoms, been ill or gone home sick!! It’s just about Cine winning the court case which they’re confident they will and the US sorting themselves out and we all get what we want in making a few or for some a lot of cash to go and spend just like one of my customers! C’mon Cine I have faith! If anyone has good news on the Plex case, the US or the WHO I’m all ears! GLA