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@Purchaseatthetop
I haven't got a clue what you are saying. Just posted a view, not my own but only time will tell with this share but it is interesting as yet, many institutions are not bailing out of this so called sinking ship. Another observation and mine.
Non executive directors have a much better understanding of the environment in which the company operates, and also of the valuation of the company shares, as they are able to ‘stand back’ and better analyse the environment.
Executive director share signals are clouded by disposals for tax, or buying shares to qualify for the incentive scheme. But they also have their noses to the grindstone, and therefore are less able to observe what is happening around them, to both their firms competitive position but also to stock market perceptions of their company’s shares.
Just one view from a spread betting firm.
Agreed on that one, the waiver will be very big news if it comes.
Damian Sanders was a senior equity audit partner at Deloitte - you think (if what you suggest is the case, which I very much doubt), he would accept that if he thought the company was doomed? He has over 20 years of experience and access to a lot more information than we do - I think we can confidently say he has faith in Cineworld based off more information than we have access to.
De-rampers need to stop trying to put a negative twist on absolutely everything and accept that there are those that have a lot of faith in Cineworld still.
There is no contract that would demand someone pay half their annual salary in a time of pandemic on stock. This purchase would be made by choice. Talk about conspiracy theories.
Disagree. Sends a good signal though would have been ni e tovsee others buying larger sums. Surely he could take cash and is not forced to take shares. Obviously sees this as very cheap and a better package.
Ahh I see,
I will do thanks.
He's a non-executive director only recently hired, take a look at the RNS where they announced his appointment.
isn't that a really small amount to purchase for a director of cineworld?
I just hate people skewing the facts, we don't know this guy and what his financial situation is, how do we know that he didn't have investments tied up elsewhere before getting the job in Cineworld, he got a good look from the inside and has now decided to gradually build up his pot of Cineworld stock. What it does show is he isn't afraid to put tens of thousands of pounds on the line at a time when de-rampers would have you believe it's going in the opposite direction.
I'd rather trust the man who risks his own money and has intimate knowledge of the business than the uninvested amateurs.
It's a vote of confidence by a director of Cine
@M00la ... i agree why would a non-exec director buy shares in Cineworld now if he thought they were about to fail... not a big financial buy... but a big endorsement of Cineworld.... imo..but as always DYOR... gla
Guitar man, are you really investing??....
It's clear in the RNS £24,999.60 worth of shares, it's certainly not nothing.
My bad, I see it :)
58k shares
Check out the latest RNS
What are the details of this, can't see any buys since March?
Directors know the inside story better than any of us
The fact they buying is a very good sign of confidence
Just seen this. Very reassuring indeed. This should calm investors. Atb