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Can’t argue with that. Ive found useful intel usually includes inspiration in how not to approach things. I’m learning much.
@Dragon9 There tends to be more heat than light on this board, although occasionally some useful intel.
It helps that most of my feed is made up of green boxes these day!
If 3p drop is ridiculous i wonder what we would describe the 6-7p drops we have had.
While I think we are undervalued we never here of ridiculous rises here.
This share rises and drops bigger percentages all the time .
Let's not forget while the emphasis is on different things here now the subject heading and message says I understand why we dropped Friday, an opinion I am allowed to have wether you agree with it or not.
Some good points there mountainous on the incremental loan.
It's a contingency loan and there to dip into as and when, and if required. Didn't seem to be any problem getting access to it either and flexible and far more preferable to any other forms of financing and it adds little if anything to repayments.
Provides ready flexibility for all manner of purposes like adding cinemas should something tempt. Personally if it were me, I would get my head together with some of the other movie theatre company chiefs, find a good script or two and employ a Director like Christopher Nolan or another and establish a "Studio" and start making our own movies.
Yes ridiculous drop.
Weekends are there to enjoy.
Lol I was liking smalltrader recently. Ruined it lol. As for lpd, guys he's been posting good stuff tbf imo. Obviously he dislikes us still but I've enjoyed his recent posts and seems to be back to how it used to be. Anyway, I think the RNS wasn't that deep, but interpretation is a dangerous thing sometimes. We don't know if the RNS was 100% correlated with the sp fall. I don't think it was. I think the sp was going to fall regardless, after looking into a few things.
I genuinely believe that 12th August won't be positive, however, I also don't know how much the markets will react. If it's bad then topping up isn't a bad idea imo. If it's good, then happy days. Hopefully the rest of the year will be like the beginning of the year
Small trader I have no problem with a rise to 1.50 , my problem which you forgot to add is that you said it could happen by bond which is September. Which is a ramping and ridiculous comment, not even lpd will agree with that.
You also didn't ask me questions in your post instead you choose to write a story about me , it was good bedtime reading and help me drop of to sleep.
Anyway back to work fun needs his balls sucking!!!
Todays price drop imo is temporary. The news will settle in investors minds shortly.
If you enjoyed the first one then I reckon you will also love this one.
More of the same escapism with pure silly fun.
Pretty long movie, but even so they still seem to have crammed it full of gags and never ending slapstick carry on.
Like Crumpets experience it was strong numbers out enjoying the cinema experience.
For me one of the really good points from all my visits especially weekend when it is heavily weighted attendance there are always lots of young people.
The generation that doomsayers keep trying to tell us don't go to cinema, but documented statistics show are a strong part of audiences.
On balance I think my predominant thought is that of feeling sorry for you smallT.
Typical of Bonkers. When he doesn't have an answer to my questions, he will restort to abuse.
I'm invested so I will hope for a good rise to £1.50. What is your problem with that?
I ****ing don't care whether you believe it or not.
Everyone has seen since how many months Bonkers has been sucking FI's balls. As you enjoy sucking his balls so continue to do so.
Personally at this price beerstalker I don't think you can go wrong.
Getting any cineworld shares for under 70p is something most thought would never happen again including me.
Couldn’t resist topping up today, effectively averaging down. I believe all will come good in due course; although I don’t know whether that will be weeks or months away. GLA.
Lol dragon it is a lot of conversation, unfortunately small trader will always react that way with me because I have called him out numerous times. This responce will be down to the massive thread I wrote regarding how he should hang his head in shame along with LPD , I'm sure he hasn't forgotten it.and neither has lpd.
Small trader today said he could see a s.p rise to 1.50 by September, a comment he will want everyone to forget about by end of September as smalltrader can't handle the thought of being wrong, hypercritical considering he can make ridiculous price predictions when ramping and then spends all day moaning at others if the s.p price prediction is the other way.
Small trader after all his ramping has a explanation for everything yet when we go from 124 to 60 he goes all quiet , he goes all quiet with debt talk. He will go quiet if result day is bad. Talking and debating about such topics certainly doesn't make you a day trader or troll., unless it's in small traders world.
He uses most of his large posts to Copy and paste others views and make out they are his own, if he has nothing to say he might come out with a filmslate , or how much revenue films have made. What films are coming or generally lick any dirt left from LPD arse.
Small trader is a typical keyboard warrior , a big mouth behind a computer screen.
Now run along small trader lpd wants another drink!!!!!!! What you type about me or my posts I honestly couldn't give a **** about.
Whole little conversation with yourself there buddy..
Bonkers says drop today is due to RNS but I wonder what the explanation is for SP being steady until 3hrs of trading in the morning! Market was sleeping until 3hrs and ignored RNS and reacted from 10.30 onwards?
Based on Bonker's bonkers and not so fun FI's comments, Mooky should not secure additional liquidity unless it is needed?
Are these 2 guys running the world's second largest cinema chain? If Mooky is to run the business like these 2 guys suggest, I think Cineworld would have been closed forever last year itself.
When you point these guys mistakes, they will apologize or they will say that their comment was appropriate at that time of the situation but they expect Mooky not to get more funds just because he said CINE has enough liquidity in March? Just becasuse he borrowed 200mn to run world's second largest cinema chain doesn't mean that everything is in trouble like how Bonkers and FI wants everyone want to believe.
For example, I will borrow loan from a bank to buy a car even though I have money in my bank and I did it that way few years back. My friend bought a laptop with a credit card but he did not pay it from his pocket. It doesn't mean that he is not having money. So there is nothing wrong and no trouble when Mooky is borrowing while running the second largest cinema chain. Always prepare for the worst and have contingency plan, which exactly is what today's RNS is about but the idiots want you to believe that there is a trouble.
The fact that it is an incremental loan means that it is secured for contingency otherwise why not get full loan amount outright instead of incremental? Ah, now our trolls will then say that Mooky could only get incremental loan because lenders did not agree to give full 200mn outright! They will still say they are invested. Ofcourse Bonkers is invested as he keeps saying he is not selling shares in his every other post but anyone invested will not be so dumb to keep talking bad about their investment. Oh right, he is taking a balance approach! utter bonkers it is. He doesn't want to believe that 200m incremental loan could be a contingency plan but wants to believe what FI has said? Ah our trolls immediately want to pounce saying Mooky did not use the word contingency! Well if you are invested, you would think it as a contingency plan and if you are not then you would only see negatives, simples.
FunInvestor never looks worried when SP is going down. Usually the typical reaction from any investor is bit of nervousness when SP is going down but what you see from FI comments when SP is going down is more attack on the down days to do maximum damage and he will reply anyone giving positive spin to a story about CINE but he won't bother to respond on negative spin but he says he is taking balanced approach.
Wellington is part of the furniture
Wellington! I thought you’d bailed mate! Good to see you’re still around.
Thanks for your replies bonkers and FI. I think 150p in 2022 is realistic as well.
Hope you enjoy the movie FI, pls let us know how you find it because I was thinking to watch it sometime as well lol
Similar on that last post too bonkers.
Re pricing and when.
Mountainous respect to you, it's good to be open to other views and be able to discuss them and even re-consider our own initial thoughts/views.
I feel pretty sure like yourself that bonkers and myself also see the possibility of a future £1:50 (or indeed above) share price.
Have a good one, off to Suicide Squad now for me :-)
Sad loaner ;-)
Mountainous something we both fully agree on , 1.50 is certainly achievable but over a realistic time , I won't be selling anytime before it hits that , start of the year I believed that time to be by end of the year , at 1.20 I believed maybe end of summer , now I believe 1.50 will have to wait till next year.
I truly hope im wrong and it comes at sooner but I have the time and patience to wait it out
With regard to the replies from Bonkers and FI, I retain my opinion that if the company had started to run low on cash reserves from previous lending, that the company would have sought a solid payout loan from its lenders, and not an incremental one as has occurred today.
In terms of what Bonkers has said, it’s anyone’s guess why the debt facility has been brought in. However the company’s base case scenario has pretty much been met as announced, with just about a month difference (if I’m not mistaken), so I don’t see where the sudden demand for $200M comes from. Your hypothesis may be true, my hypothesis may be true, or we may both be wrong. 12th August will provide us with more insight. However your comments are insightful and it’s good to see both sides of the bar. I agree with you that 150p by September is unrealistically optimistic, however I do believe that we can get to 150p at some point.
FunInvestor, I also appreciate your comments, however I’m still unable to fully wrap my head around your theory regarding the higher interest rates and how you’ve inferred it. Similar to the prior paragraph, we’ll find out more on the 12th though, and hopefully that clears the air a bit.
Thank you both for your comments, have yourselves a pleasant weekend and gl on your trading endeavours.
Work work work at the moment , I have sent some pilots out to put over the airwaves to see if their is any sign of Robin, I fear he has been kidnapped at a altitude only the unexplained makes sence , hopefully he returns to us in the same way he left us , which is not completely right lol
All good here bonkers, every day we draw breath is good in my books.
Hope all good with yourself too.