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Rs, so you're telling me that I should listen to the professional investor bodies, who say buy, over a random non-invested deramper on a BB, who says sell?
The website I posted is just ONE of many that publishes the LATEST analyst ratings.
You can search for them yourself using think link if it helps:
https://www.google.com/search?client=firefox-b-d&q=cineworld+analyst+ratings
I'm afraid singling out a single rating is going to be bias, much the same way I would say we ONLY pay attention to PEEL and HUNT who afford a 180p rating.
You have to look at them collectively and assess the average score which again, the websites (dozens of them) do.
The average rating is a BUY.
This will be an uncomfortable truth for you but I cannot change that for you.
The ratings are the most current. Peel Hunt published theirs on 24/08/20 for example.
The websites can only report on the averages to maintain impartiality. That doesn't suit your narative to bash this stock to drive it down, but it is what it is.
Source: https://www.sharecast.com/news/broker-recommendations/cineworld-shares-set-for-hard-bounce-says-peel-hunt--7617294.html
@EWT98
Not only did they buy.. they bought at a higher price than their prediction hahah.. and then it went lower than their prediction.. they are wrong like the rest of us? This is doomed? They are not panicking because the available shares at these prices are running dry
Morgan Stanley clearly have an agenda, I’d take any broker rating with a pinch of salt but MS bought days after reducing their rating
@indepth You could email dozens of these analyst websites which take all the ratings and present the average and explain to them that covid has singled out Cineworld within leisure and hospitality. That no other company/stock has been impacted and that the risk of covid is only prevalent at Cineworld and that they should only post the negative analyst rating.
What do you believe the reply from them to be, if you were to do that?
Investors, DYOR and pay no attention to the rampers or de-rampers.
Was that before, or after, they increased their holding?
@Indepth so what you're really trying to say is, you want to specifically drive a narrative by SINGLING out an analyst rating rather than look at a collection of them and, like the industry, work on an average.
It would seem the websites offering this don't do that. They instead post ALL of the ratings and then assess the average which they ALL seem to be doing. This is so they don't present a bias to any one rating.
Investors, this is a recovery stock. It won't creep-up to £1+ overnight, but if you ignore the noise, assess the risk profile and buy into this stock, you COULD see a significant correction, on the basis of vaccine news.
The LATEST rating is from Peel Hunt who rate this at 180p on the basis of steady recovery/progress.
These were broker recommendations a few weeks ago.... so nothing has changed and covid was factor in hence the drop to 50 60 range. But mms felt updste etc was worth dropping 20p.... not in my book so must comeback as this is too low and does not value the company.
Indep, you never ever post the positive predictions so don't cry about people not posting negative ones.
@indepth for the sake of impartality it would be better to post ALL of the analyst targets, not just the positive and not just the negative. Wouldn't you agree?
I'll do that now for your transparency for my fellow investors:
1 Sell Rating(s)
4 Hold Rating(s)
8 Buy Rating(s)
0 Strong Buy Rating(s)
CINE Consensus Rating: Buy
CINE Consensus Price Target: GBX 245.38
Source: https://www.marketbeat.com/stocks/LON/CINE/price-target/
Could you explain where that post which you cites recovery will come to £1, tomorrow? It states that Cineworld has (factually) seen recovery in as little as four trading days to £1, given the volatility this share repeatedly exhibits.
22 May 2020 = 58p
26 May 2020 = 69p close
27 May 2020 = 77p close
28 May 2020 = 102p intra-day high
If you in fact read the post carefully you will note that my primary prediction was sufficient liquidity to see them through this pandemic. This was confirmed by the BoD in the H1 report, whilst they look at addressing debt covenant waivers:
“ The Group’s forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Group should be able to OPERATE within the level of its current facilities for at least 12 months from the approval date of these interim consolidated financial statements, however the covenants are forecast to be breached at 30 December 2020, 30 June 2021 and 31 December 2021. The expectation of the Directors is that waivers will be obtained.”
The above states they have enough to operate as-is to September 2021. A rights issue or additional liquidity won’t be required unless:
1. Another lockdown comes into effect forcing closure of the estate. Governments are against this and the hospital and mortality rates just aren’t rising linear with cases, which are now demonstrating a decline.
2. The BoD in my opinion, and per my earlier post which you kept referring to as ramps, because they presented an alternative view from your constantly doom/de-ramping was March 2021 is the most logical time to review the liquidity position as a checkpoint. This would allow the BoD to assess where a vaccine is at, where consumer confidence is at, what movies remain on schedule and 2021 looks to be a busy period given so many movies have deferred then. It will also allow forecasts to be taken to assess if enough liquidity is available to September 2021 (6 months from March) to then consider fund raising.
Now, John. Go through my posts and explain where I said the recovery to £1+ will come tomorrow. You will find that I remain optimistic for a RECOVERY and that my target is certainly £1+
You see like many like minded investors, I recognise use this as a share that has lost 80-90% of its share price value. This will recover as progress and developments mature.
So John, you are free to call out anyone who presents an alternative opinion to you as a ramper, because that alternative opinion worries you and goes to undermine your constant bashing.
Time will tell, John. For now, debt waivers to come and Bond to maintain November. We can then assess gradual vaccine news. It won’t be over night but all supports the path to recovery.
"To any savvy investor, ignore the noise and look at the fundamentals. This is rated to 150p and has seen volatility and a very fast recovery to 102p in as little as FOUR trading days.
50p is established as the floor now. Why? Progress and news.
Update due 24th September and Cineworld will RE-AFFIRM that they have liqudidity to keep them going through this pandemic.
I'm looking forward to a nice recovery to 100p+"
Have a look RS2002. That sounds like you saying £1 is on its way after the 24th. Am I right?
"...clearly based on getting the markets sentiment on our side."
Love your blatant ramping.
@johnht This is what I was meaning in my earlier post to you:
Pick with someone of your own 'SIZE' (*__*) ---->>>> https://media3.giphy.com/media/Ogxe3jSdivKbm/giphy.mp4
Please read my posts and let me know where I ramp that £1 is coming tomorrow etc. Johnht, you’re just regurgitating off a deramper script that is your default argument that anyone who presents rationale to why they would invest in a recovery play like Cineworld is ramping. Have some integrity, man.
This is what we will do with the likes of You and your followers if they don't BACK OFF !!!. NoFear
How would you fancy having your face rubbed into the Big Guy A.R.S.E ? Come on johnht... Just for a laugh..
Can we try it with you for starters ?---->>>> https://media3.giphy.com/media/Ogxe3jSdivKbm/giphy.mp4
I can understand that you and RS2002 are novices and are hoping to keep the mood positive after losses - however the ramping is just pulling in unsuspecting investors. Why don't you tell people what you guys were saying 2 weeks ago.
johnht....Please Don't be an A.R.S.E with RS2002.
Save your breath... Nothing is written in stone! Pick with someone of your own 'SIZE' (*__*)
Do you really think that every edge fund out there wants to drop their investment because of an
unprecedented human and global financial crisis solely brought on by the COVID-19 pandemic ?
Clearly not or maybe just a drop as you posted. If I were the edge fund, I would discuss my investment
with the Cineworld BoD and try to look forward into the future years and figure out a recovery plan
that would at least return me back to where I was to pre-covid share price levels. Also, if I had more
funds available, I would had average my share price to the best possible entry price meaning buy
as many shares while they're going cheap and increase therefore my majorholder position.NoFear
Ramping again RS2002 ;-) You've blown too much hot air up this share - its not hit the £1 per share.
Big guns have enough in the tank to lose a drop or two.
Surely if be big guns paid mainly over £2 for these, then they will wait for this to come back and it will when the time is right.
*day trader
Thanks for posting your decision. I’m sure it was a difficult decision, BeerStalkerHat. As the saying goes, only invest what you’re prepared to lose. Understand the risk profile and also your investment strategy.
It’s clear you’re a day reader and unlike long term investors, you didn’t want to see out this recovery stock play out.
I’m aware of the risk but when I consider that, cinema makes $40bn/year (pre-covid), leisure and hospitality is an industry hit hardest but one I believe will rebound the most once the vaccine is due, which has a number in phase 3 and Russia’s Sputnik appears to be in the process of issuing phase 3 data ahead of Pfizer, which is coming end of October.
Anyway, you’ve made your mind up and despite being invested in Cineworld for 6 months and NEVER seeing you post before, I’m sure you’re a genuine guy and not just some fabricated account to present a negative outcome to distract investors from making a rash decision. I guess we will also say goodbye to Indepth and Johnht, individuals who are vehemently against investing in Cineworld. So long, gents. Let’s see where this is at March 2021, I believe lenders will appreciate all industries are suffering and will afford additional flexibility. I’m sure those lenders won’t want to crystallise a loss as they have much more at stake than we investors, do.
PO54CAT
Thanks for re-posting that S&P link. It was me who originally posted that link in the late afternoon.
It's good to know that you're not frighten by the look of your Cines shares account being in the red.
I've learned to manage the art of fear in particularly when it comes to investments. I'm averaging
at 65pence entry with 60,000 Cine shares. I'm currently down by aprox £16k as well. But I've also
been up with Cines and never once wanted to sell as it had not reached my target. So, I'm very patient
as I've invested money that I'm not currently needing for any emergency and can hold invested till that day.
I've also got 53,400 Capita Plc shares with entry price at 31.5pence and my sell target is 88pence or more.
Anyway, I wish you lots of good luck and that goes also for the other long cines holders.
You're not alone in the red. Don't despair. NoFear