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I dont think that will affect it.
2 cinemas for another 3 extra days. Looks negligible that to me.
On march 19th i got in at todays level 56p ish. I sold at 89.5ish
Today i got in . because cine are in a far better position that in march. They have 300million in cash and are now more than safe. In fact they think they might not need this extra 300m as they now have money coming in and all sites world wide will be open in 2 weeks.
And for that reason i bought today.
When the us spike flattens as it will, im hoping to make 56p to 90p maybe 100p by dec.
I think im realistic here even if this shares doesnt comeback immeditely. If it drops further i may double or just top up lowering average purchase price.
The business is solid and i know the bottom is near i just dont know if thats at 56p or 48p. But i know its near. Too late to get in when its suddenly up 15pc in one hit because a vacine has passed. Id rather be ealry. And if a vaccine is passed this could roar to 140p in no time. Yes i know im hoping. Um beung honest and this is where i am at with cine.
Also itv is the same. Facebook advertisers moving to.tv apparently
the reality in the streets and the hysteria in msm - goverment are quite different
I agree with you. Thats why i bought today. Im lokking for a bounce but ill take a small bounce
I still think 100p by dec 20. I like good news and then my shares to follow. Im staying in on this one. If it hits 50 ill still stay put. Itll come back to 100p eventually im quite sure
walking dog the other day - about 7 or 8 kids sat around a picnic bench outside pub - all the raves etc - headline in sun - lockdowns will cause civil unrest in some areas
Exactly. Another reason why im bullish for a comeback soon.
Its increased survival rates.
I dont see youngsters as being afraid of c19. Less so each day. Im not young btw.
I expect to see a flattening of usa cases opeing of all cinemas and a demand greater than 20pc capacity. A covid jab would send this share back.over 1pound.
For that reason and the fact that they grew rev by 300pc in 2 years is the reason im.in.
If it sinks tomorrow a little ill double up again because sooner or later it will hit bottom and i want to be in for the come back.
Im just trying to honest. Its a 3quid share thats been smashed to 56p and i believe it has upside to 1pound this year. I dont think im being unrealistic. I get 75pc of these calls correct so fingers crossed.
If your in higher. Stick with it. Not the time to get out atm in my opinion
imo just a matter of time say a week or two when the reality sinks in that covid is not killing many people - especially non compromised people that goverments will be forced to open up again - Trump will lead the way - he insists it is over - he is generally right - also treatments etc might ignite markets , might buy tomorrow - see how the news is - Fox news is good at covering trump - MSM will bury good news - they want it to paralyse the west
And these relatively good numbers are why im bullish on cine.
Any good breakthroughs and cine will be one share that roars back.
When the spike in us subsides i reckon the share will pull back all recent losses
Dont shoot me for my opinion. Ive a small stake in today at 59p and 56p and im happy with my price as i still see 1pound by year end at the furthest. I pray for 140p you never know. The business is to good for 55p and weve beat it down to far imho
i sDexamethasone breakthrough
The world's first coronavirus treatment that significantly reduces the risk of death is being given to NHS patients following groundbreaking trials by British scientists.
In a breakthrough described by Boris Johnson, the Prime Minister, as a "remarkable achievement", the common steroid dexamethasone was shown to radically improve the chances of survival for the most ill patients.
On June 16, Mr Johnson hailed the result as the "biggest breakthrough yet" in the treatment of coronavirus, both in Britain and globally.
The Government has been stockpiling dexamethasone since March in case the trials were successful. There are already supplies for 200,000 patients, and enough to cope with any second wave of the virus.
The drug – commonly used to treat arthritis, severe allergies and asthma – costs just £5 for a full course of treatment and is expected to have a major impact on the pandemic.
Scientists at Oxford University, who have been conducting trials on a number of drugs since March, announced that a 10-day course of dexamethasone lowers the risk of death for people on ventilators by one third.
The researchers said the drug should become the standard of care in the most sick patients.
UK vaccine taskforce
On April 17, the government launched a taskforce designed to "rapidly develop a coronavirus vaccine", as well as scale up manufacturing so it can be quickly produced and delivered in mass quantities.
It is led by Sir Patrick Vallance and Professor Jonathan van Tam, the deputy chief medical officer, and members will include AstraZeneca and the Wellcome Trust.
The government has initially earmarked £14 million to plough into 21 coronavirus research projects - such as the work by the scientists at the University of Oxford and Imperial College London. On April 21, an announcement of a further £44.5 million for the Oxford and Imperial trials increased this funding further still.
A few weeks later the Business Secretary, Alok Sharma announced a further £84 million in new funding "to help accelerate their work".
He said: "This new money will help mass-produce the Oxford vaccine so that if current trials are successful we have dosages to start vaccinating the UK population straight away."
To help the UK mass produce a vaccine, Mr Sharma has announced the UK's first vaccines manufacturing innovation centre is expected to open in summer 2021, a year ahead of schedule.
He said: "To further support our domestic manufacturing capabilities last month, I announced the Government would accelerate building the UK's first vaccines manufacturing innovation centre, which is based at Harwell in Oxfordshire.
"And today I can announce we will invest up to a further £93 million in the centre ensuring that it opens in summer 2021, a full 12 months ahead of schedule. "The centre, which is already under construction, will have capacity to produce enough vaccine doses to serve the entire UK populatio
Yes . I agree with that. Maybe they shouldnt list small volumes.
The team progressed to human trials on April 23, and a study involving up to 510 healthy volunteers between 18 and 55 is now under way in Oxford and Southampton, with three further sites likely to be added.
Scientists working on the vaccine have said they could know within six weeks whether it will work.
Sir John Bell, Regius Professor of Medicine at Oxford University, said “several hundred” Britons have now been given the experimental jab, with hopes that “signals” about whether it works could emerge by mid-June.
The UK will join only the US - with two studies - and China, in beginning human trials.
It was revealed on that the Oxford University vaccine trial is heading into hospitals amid fears that Covid-19 is not prevalent enough in wider society.
After announcing the further £84 million in new funding Mr Sharma said: "This new money will help mass-produce the Oxford vaccine so that if current trials are successful we have dosages to start vaccinating the UK population straight away."
He said pharmaceutical firm AstraZeneca had finalised a "global licensing agreement" with Oxford University with Government support, adding: "This means that if the vaccine is successful AstraZeneca will work to make 30 million doses available by September for the UK as part of an agreement for over 100 million doses in total."
Mr Sharma added "the UK will be first to get access" but that the Government would also ensure that "we're able to make the vaccine available to developing countries at the lowest possible cost".
Matt Han****, the Health Secretary, said that if successful, the first 30 million vaccines would be "at the start for the most vulnerable".
Mr Han**** told MPs in the Commons: "If it does (work) it is likely to be one of the first available in the world, then we have agreement to make sure that 100 million doses are available for the UK, the first 30 million of which will be right at the start for the most vulnerable.
"That is a UK-wide policy, we'll deliver it right across these islands.
"Vaccine science is an uncertain business, that is why we cannot ever be 100 per cent sure that there will be a safe and effective vaccine.
"But we're putting everything we possibly can into making sure that we can give them the best possible chance for every citizen of the whole United Kingdom."
On the partnership with AstraZeneca, Sir John said: “Once we get an approval by the regulators we don't want to have to go back to the beginning and work out how we manufacture it at scale.
"We also want to make sure that the rest of the world will be ready to make this vaccine at scale so that it gets to populations in developing countries, for example, where the need is very great.
"We really need a partner to do that and that partner has a big job in the UK because our manufacturing capacity in the UK for vaccines isn't where it needs to be, and so we are going to work together with AstraZeneca to improve that considera
I totally agree with all above. It was a good structured post.
I bought in today after much waiting. I personally think and hope today was bottom.
Totally agree you can never hit exactly the bottom price. Those who i saw bought at 70p i also think hold.
Predictions of 1quid in nov20. And 2quid end 2021 im totally in line with.
I hope it bottomed at 56. I cant see it going 40s personally but i still do see it over 1pound when c19 starts retreating in the us.
If it goes down tomorrow ill feel an itch to double up. But i know that can be dangerous.
Ill honesty delcare my positon im in on 59 then again 56. I expect the low is near. I do think the spike needs to cease then the share price will increase towards 1quid.
I do think the openings will help.
I try to be nothing but honest. Im.in long term i think. Aiming at 140 then ill out.
Same deal with itv for me which i bought today
johnatlaw - it’s worth knowing that all those small buys filling up the screen making everything look green/blue (depending on what screen you use for data) - all of those; anything under £20k are worth ignoring. They mean nothing. Watch the real money trades (£100k+) if you want to know when people are interested in a share.
Britain records 25 more Covid-19 deaths as figures show more than HALF of NHS trusts in England have gone a week without a single fatality and Scotland records NONE for the fourth day in a row
Department of Health officials say the laboratory-confirmed coronavirus death toll now stands at 43,575
But real number of victims is thought to be in the region of 55,000 when all deaths are taken into account
Statistics show the rolling seven-day average daily death toll is now 117 — down from the 131 last Monday
By STEPHEN MATTHEWS HEALTH EDITOR FOR MAILONLINE
PUBLISHED: 14:13, 29 June 2020 | UPDATED: 15:45, 29 June 2020
Britain today announced 25 more coronavirus deaths as data showed half of NHS trusts in England have gone a week without a death and no fatalities have been recorded in Scotland for four days in a row.
Department of Health chiefs say the lab-confirmed death toll now stands at 43,575 but the real number of victims is thought to be in the region of 55,000 when all suspected deaths are taken into account.
Just 15 fatalities were announced last Monday and 36 yesterday — but the number of deaths recorded on Sundays and Mondays are always lower because of a recording lag over the weekend.
Statistics show the rolling seven-day average daily death toll is now 117, slightly up on yesterday's 116 but down on the 131 registered last Monday as the outbreak continues to fade away for now.
An analysis of official data released today showed the number of NHS trusts having suffered no Covid-19 deaths in the past week has risen to more than half, while 84 per cent have gone without a fatality for 48 hours.
In other coronavirus developments in Britain today:
Portugal has reacted with fury after apparently being left off a list of countries that will be able to form quarantine-free air bridges with the UK;
Public health bosses are desperately trying to track down 300 workers after 166 colleagues tested positive for Covid-19 at a food processing site that supplies Sainsbury's and Asda;
Leicester may be forced to extend the lockdown for a fortnight from Saturday while the rest of the UK edges towards normality because of a spike in cases, the city's mayor revealed;
The UK was accused of playing catch up with the rest of the world when it comes to spotting Covid-19 after US health chiefs added three new symptoms to an official coronavirus list;
Award-winning poet Michael Rosen revealed the extent of his battle with coronavirus as the 74-year-old said he was left just hours from death when he was rushed to A&E;
Sir Keir Starmer refused to tell teaching unions to step up their efforts to help reopen the nation's schools as Gavin Williamson said parents who refuse to send their children back to the classroom will face fines.
An analysis of official dat
I'd agree but like SARS vaccine have to been found the last fourteen years, can you see that we will have no social contact for years ahead?
We will have to live with covid 19 whether we like it or not.
Ultimately people will decide when is enough like they did with the beach and social distancing as well.
Glad I held off on my buy - I do think the market has the covid story wrong , but the market is spooked by uncertainty , any bit of good coviid news and this will fly
It's increased a number of times from these lows before...and at those times there were people saying it would drop a lot further from what turned out to be the bottom for that period. Not saying your wrong but ultimately it's pretty much a guess.
Finally someone else with more than 1 brain cell. I wrote the same thing last week and got slated for it.
Totally agree with everything you said. Regarding the bottom, I'm forecasting lower than 50p. Until there is a widely distributed vaccine, this won't materially increase.
PPs. Celebrating others downfalls & relatively high breakeven positions is truly classless. I hope the gloaters get stung. They know who they are.
...message board before. A mixture of new investors making their first foray into the markets, but mostly day traders blowing hot steam to benefit their long or short position. Very little actual worthwhile content for sharing of knowledge and risk assessment. Shameful.
Let me just debunk a few myths whilst I'm here:
1. THE SP WILL NOT RISE SIGNIFICANTLY WHEN UK CINEWORLD OPENS! FACT! Just take a look at all other retailers & hospitality, Greggs, Flights etc....they ended up further down than before they opened!
2. Until the US has the pandemic under control, there will not be sustained double-digit rise. Particularly in the 3 largest states Florida, Texas and Cali.
3. 53-56p could well be the bottom. But by know means is this certain. With Texas reapplying restrictions to the hospitality sector, should other major states follow suit, a further downgrade can be expected. Not to mention the death toll rising Mid-July, UK regional lockdowns and no blockbusters until August-end.
I wish everyone the very best in making wonga, but day-traders are unleashed at present and they won't keep a cap on it.
Mid-Long term Investors, don't be duped. It's simple, buy in a price you are sound with, no-one catches the bottom, average down if possible, hold and wait with patience. Don't keep jumping ship - it will catch you out. In 2022 all will be well.
Signing-off (again) never to return as I promised myself. GLA.
Ps. Why not exit on a prediction :) Could be a Mic-Drop moment who knows. The crystal-ball 'estimates' 47p bottom. £1 in Nov'20. £2 Summer'21.