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It seems that way TPT'' as there was a stipulation document filed by CINE yesterday looking for a relief from Stay, also look like there is a claim for $300k and they are getting desperate to squash it, FK knows what it's all about ? yet again we see small stake holder fighting hard to keep them in C11 until everyone get paid what they are owed, before any steal take place
but yes I'm also hoping that we leave JULY INTACT and the next update is more humble
REGARDS
It pains me to say but there is no hope. Granted this past weekend it was full but I went to the dome in Greenwich on the first weekend of Indiana Jones and there was just 20/30 people there. The debit is so high we would need the cinema filled all the time and that is just not happening.
Once Cineworld goes into Chapter 11 then all shareholders get nothing as there will be nothing left. Sorry but fact. I've had a similar thing with Debenhams and Thomas Cook.
Sorry MIKODX but I'd rather believe the balance sheet and the words of Judge Marvin. It's the very mountain of debt that you mention that makes them 'hopelessly insolvent' - to quote the judge.
I disagree, Cineworld are a very solvent company, it’s just that they have a mountain of debt, and the debtors want their money now. If debtors are willing to hold off longer, Cineworld could turn this around. Maybe this is what the UK administration are seeing. Fingers crossed.
The Truth is August is Going to be the Month For the Future For Cineworld Stock.
If They Keeping the Name Cineworld With Their New Company then their is Still Hope Just.
So is that rite enuf were making it thru july , this excites me something could still come out this a keep telling maself its going on an On an on surely the longer the better
Brilliant ! Ha ha ha
haha brilliant mate some amount of ****e on here but a like that one very well put
@Hexam - “Haha - I'd rather leave the quantum mechanics explaining to somebody else.”
Challenge accepted!
In Schrodinger's imaginary experiment, you place a comment by a impecunious invester (sic) in a box with a cat. Wait a few days then open the box. If the SP has fallen, the post says “I knew it would fall. I’ve made a profit”. If the SP has risen, the post says “I knew it would rise, I’ve made a profit”.
The cat is there to scare off the commenter, for everyone’s sanity.
In quantum mechanics, a commenter’s ability to make a profit both in a rising and falling market until the comment is observed and as long as no evidence has to be disclosed is referred to as “quantum Dunning-Kruger”.
Well they certainly can't fleece the parent CO just yet and take all the cash and asset to a bank account in the Cayman island until C11 is all wrapped up and signed off by the judge USA, as he has only approve the disclosure statement thus far, and i don't think the UK court would touch the case in any form before USA give the go ahead that it's all wrapped up anyway'' so we are all stuck in limbo, INC Cineworld plc & CQ USA as to what happen next, the SP want to rise but been held at 0.4 waiting on some kind of update from the BOD as to what is going on apart from the CO house pre date 31 July of when we should exit C11, but there don't seems to be any end insight, with 21 days now added because of money still owed for rent, and these small stake holders may not wan't new CO back in the building even if it's paid.. ?
this saga should be turn into a movie, it would be a huge box office hit
Look like they will have to hold fire on that date of the 31 July to start new CO, as there is another objection up on KLL
come in yesterday and case is to be heard in 21 days time ?? DYOR
10:20
That is correct - always the same.
So all creditors gets something and sh gets zilch
@dagenham, get with the programme! You should have written:
“Is This Crap Still Going You All Still Here I Thought I Would Look In For A Change Same Deluded Posts So Back Out”
Hmmmmmm These Documents Make Me Confused Simple as that Really.
Https://cases.ra.kroll.com/cineworld/Home-DownloadPDF?id1=MjQ0NDM1Mw==&id2=-1
Relates to shareholders.
The Truth is Cineworld Stock is Now on it’s Very Last Legs But Their is Still a Slight Glimmer of Hope For Now at Least.
Lastly Between Now and August 2nd is Now the Week to See if Cineworld Stock Has a Future on the London Stock Exchange.
Is this crap still going. you all still here. i thought i would look in for a change. same deluded posts. so back out.
My Personal Opinion is Cineworld Will Be Allowed to Remain on the London Stock Exchange.
Well it certainly created the nervousness they wanted towards end of play as there was a date of the 31 July
when they expect the new CO to start, so it look like they are quickly putting it together what ever they are planning
with no oversight.. and no shareholder approval
True But I Wouldn’t Wish Anyone to Lose All of Their Money on Here Simple as that Really.
Well these new posts and thread has certainly clipped our wings with a 7% drop FK knows'' and once again it's every man for himself as to what happens next
ATB
Haha - I'd rather leave the quantum mechanics explaining to somebody else. I did study it once but all I can remember about it now are silly particle names and something about a cat in a hat - or was it a box...
Agreed Hexam. Should have mentioned that it will initially be private.
Shall we try with the quantum mechanics and see how much he knows about that as well? LOL
I Already Know the New Company Won’t Trade Shares on Any Stock Exchange I Know That I Seen it in the Bankruptcy Papers.
However Once They Delist it Then I Will Believe it Until Then I Won’t Perfectly Logical.