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Hi
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
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
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
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
Yes . I agree with that. Maybe they shouldnt list small volumes.
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.
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.