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"Going to be lovely to fast forward and reflect back on some of johny’s comments :-)))))))"
Not nice of you to suggest that you would be taunting me if I lost money - dreamachine
This isn't a get quick rich scheme. Its called investing and if you think that its a case of putting your money in and making loads back in a few weeks then this is the wrong place to be. But if you are looking to invest over the next 12-18 months then yes there is money to be made.
Using the word investors should give a clue that making money from an investment takes time. Its a bit too early to go around saying people have lost money on this share. Back in 2008 same things were said yet who were the ones laughing in 2010. The people who stayed invested throughout the lows and held on till the other side.
It's pitiful that the ramping £1 group who duped unsuspecting private investors to part with their savings and made losses. It would be great to provide some balance from those who are still ramping.
Ive followed the lead and topped up with another 3k shares at 41.3p. Cant go wrong at this price, only a matter of time before NY and CAL cinemas open. Its been proven that people will still go out to watch a movie as shown by Tenet making over $300M at the box-office.
Once CINE have all their places up and running then £1 is a realistic short term target especially with the new movies out from November onwards.
There are more options than Emerdale and ITV.
No surprise that over 75% of Cinema audiences are UNDER the age of 45, with 15-24 year olds and 25-34 year olds representing the largest groups.
This is a very resilient group who won't want to stay at home with a cup of tea watching Emmerdale.
They will want to enjoy socialising and a meal and a cinema viewing is a staple part of an autumn/winter evening.
Source: https://www.statista.com/statistics/239169/age-distribution-of-cinema-goers-in-the-uk/
This is likely to be his renumeration package which he's likely to cash in and run before he gets stung. These gimmicks aren't positive news.
Huge vote of confidence when a director buys in
Great to see Damian Sanders, putting his money where his mouth is.
He was reported as someone with extensive financial and commercial experience; over 20 years as a senior equity audit partner at Deloitte, acting as advisor and corporate governance specialist for a number of FTSE boards.
If he can assess the financial position and purchase shares at 43p, that gives me added confidence.
We know that IRFS has changed so I can see poor Johht posting $8bn debt, when in fact it is $4bn net debt excluding lease liabilities.
Cineworld reduced this debt from $4bn in 2018 to $3.3bn in 2019, so whilst this is a reset, because of covid, I can see them undertaking an extended cost reduction programme to drive this down over time.
This was the most recent, non-executive director to be hired as well so it's expected he'll start off "small" even though it's rude of us to assume it's a small amount for him as he only recently joined the company.
He was the one hired to help with auditing the books. I think this is a great show of confidence.
Well he certainly isn’t going to waste his hard earned money if he thinks it’s going down.
Bring on the rise
Small amount (for them) but its a good sign deffo. People are tightening their belts and cinema results were horrible, yet one of the director has smashed a chunk of change into cine. Ya never know, that may just be the start...
If a director is buying that tells me something good is going to happen soon. GLA DYOR