The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Thought vaccine wars coming end of year
Low 50's myself, there's still a lot of uncertainty at the moment and I see a longer recovery than I first expected due to the changing release schedule of new movies and other issues such as the protracted opening of Regal estate in the US and the general UK position - I have been informed that all Cineworld sites located in some/all lockdown areas in the UK will only be showing movies that finish before the 10pm deadline - this information is from Cine direct.
Let's see what happens today...
I wish you good luck and clear thinking.
My average is in the low 50,s and I am now over 20k in the red on Cine.
Is it enjoyable? No
I am concerned? Not really, and I think it will go lower yet. Have prepared myself that I could easily be 40k down by the end of the week.
But it could also bounce on Thursday.
The business and SP is in a mess because of Covid. You have to ask yourself if you think Covid will still be an issue by next spring or summer. If it is then I and most people will have much bigger things to worry about anyway.
If Covid is gone or there is a vaccine the business only needs a couple of good quarters with big films and the SP will rise significantly.
Any any news if takeover would only compound that rise.
I am definitely jealous of those who can buy in at this price. I was thinking of buying more but then my investment would move from significant to pretty unbalanced. Although I haven’t ruled it out.
Also good to remember it looks like it’s going to be a long winter and we could be looking at new lows as far ahead as February/March.
Should be thousands of positive tested people coming out of self isolation by now, can we have a poll of how ill they were, or even a few nights of interviews on the BBC news, nah can't do that they might say 'I never felt a thing guv'
Abraham Lincolns famous quote has never been more relevant. People in this country are waking up to the fact that the government is attempting to manipulate us with dodgy statistics.
“You can fool all the people some of the time and some of the people all the time, but you cannot fool all the people all the time”
Jwd is right to be concerned and tonight's announcement of a de facto curfew only reinforces that concern.
I'd be tempted to invest in Cineworld but for one deterrent yet to be acknowledged by most private investors - the increasingly unappealing PC obsessed product coming out of the major studios.
A quick skim through Rotten Tomatoes shows the growing gulf between what your average progressive Critic drools over and what the broad masses are willing to pay and see. What was once the preserve of 'art house cinema' is fast becoming mainstream but garnering nothing like the takings traditional mainstream film pretty much guaranteed. What might win a studio an Oscar nomination just doesn't put bums on seats. Why? Because most working class people won't part with hard earned cash only to be lectured on yet another minorities issue or made to feel crap because of some accident of birth. It's different for middle class critics on an endless privileged guilt trip - they'll happily pay to watch sh i te and to be made to feel sh i te. But why should their tastes be forced on the rest of us?
Indy
Patients admitted
Daily: 134
Click for additional details.
Total: 136,330
Patients in hospital: Value: 1081 — Abstract information: Number of COVID-19 patients currently in hospital, reported on Thursday, 17 September 2020.
Patients on ventilation: 138
Currently more people committing suicide than dying of covid
If you look at the data (which the media wont present) from 729 new cases in week 37 (from a possible 65+ million people)
313 were from care homes and 18 from hospitals.
https://www.gov.uk/government/publications/national-covid-19-surveillance-reports
I'm not sure, it's gone up a bit but still very low. It always goes up very year in September though.
According to this article looks like Spain's cases has already peaked anyway - https://www.spectator.co.uk/article/is-covid-really-rising-in-spain-a-look-at-the-data
If Uk follows France and Spains cases which it should it will be at 10,000 cases a day by mid to late Oct, which will mean with the 0.4% death rate per case they gave (it's prob lower than this) there would be 40 deaths a day by mid Nov. Doesn't exactly indicate NHS overwhelm.
I lived in uk for a year but now in Germany but following ur news because I invested in Germany it’s all calm with covid
Are you from the UK by any chance? UK government and media are doing a good job at creating mass panic over such small numbers
Covid
Ye I invested because I thought cocos would be gone sooner rather then later but it’s dragging on looks like we going backwards then forward
Try to remember why you are invested..
Got a big holding here but now fear is starting to build already in big loss with restrictions coming and movies being delayed and cinemas are open but attendance is really low so it won’t cover their costs, still have believe that a vaccine is coming and bond hopefully in November and the financial results.