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Cruis , I'm all out of opinions now .
Obviously we're in a horrid position , but there's a space between horrid and bankrupt .
Lots were wanting more volume , more RNS,s and more shorts to close - well, we got all three .
Lots were wanting more communication from the BoD , well maybe, just maybe they have been working 16 hours a day , every day to somehow get out of this hole .
Alternatively, they have sold us down the river, " get rid of pi,s altogether " and collect all the shares ( bargain basement prices)
I'm not buying the " let us get out before bankruptcy " card .
Most important thing I'm guessing is the cineplex hearing , if that results in a huge discount from initial amount, that's a big winner .
Film slate, well that's available for all to see , and looking at what's available from Nov through 2023, I see revenue getting back to precovid .
Still scratching my head why all the prats , pricks and tw.ats are relentlessly on this bb 24 hours a day posting repetitive posts how cine is doomed, bankrupt in week blah blah blah..
If that's the case , why post , why waste time on here ..
The mind boggles
According to Bloomberg they had $354m of cash as of 32/12/2021 - H1 2022 they should be negative $100m maximum H2 2022 will be better but let’s say negative $100m. They still have $150m for 2023 with a good slate of movies
@poorinvester: “... but (Cineworld) sure has a monopoly over the cinema business, with no small players allowed to compete...”
It doesn’t have a monopoly! You think you’re investing in a monopoly when you’re not!
“...Profit and loss accounts were worse 2 years ago, cine was shut for 6 months”.
This is worrying as you keep on making this same point, over and over again in various comments - in effect “it was worse 2 years ago and it recovered so it will recover now“. That assumes everything else is the same now as it was then. It isn’t.
Here’s you saying the same thing again:
“...well it was worse two years ago, but they didn’t fold. Do your financial analysis was proven wrong two years ago, what makes you think it will be proven right now?” (sic).
There doesn’t seem to be much “OR” in “DYOR”.
It’s your money - do as you wish. But I feel I should point out the flaws in your arguments for the sake of anyone else reading them, tempted to buy in.
@Poorinvester. You said:
Wed 24/8/22 12:29
“Jtan, AimMaster stop’s with the suspension narrative and you start back on it.
When exactly do you think this will get suspended?
Today? Tomorrow? Next week? Next month?”
I’ve seen this comment many times so I’ll respond:
Your question is a red herring. What’s naming the exact date when it’ll be suspected got to do with it? The shares are likely to be suspended - on which day is irrelevant. Of course no one can predict accurately when that is likely to be.
It’s like asking a doctor on which day a terminally ill relative will die, and when that day passes, saying: “You were wrong! And that’s evidence that he’s going to recover!”
“suspended”, not “suspected”.
Cloudy mountain, you are not the sharpest tool in the box. What an analogy, comparing a business, with a terminally I’ll relative. I better your real popular with the ladies, comparing a lovely dinner date, with a meeting in the office lol.
@poorinvester, clearly I trod on a nerve!
It doesn’t surprise me - your English is abysmal so your maths is likely to be the same. I am under the firm impression from reading your comments that there’s very little OR in your DYOR, and that explains your personal insults - it’s a common reaction when someone treads on the truth.
The extent of your OR seems to be “It’s gone down AND this happened before AND it recovered”. That’s it! That’s your apparent research!
As I said, it’s your money, do what you like with it - but people are allowed to point out flaws in what you and others say. Hence why it’s called a discussion board and not a pulpit. There’s nothing I’d like more than for the SP to recover for the sake of retail investors.
That reminds me - “investors”. You’re the first person I’ve met who can’t even spell his own name. Wow!