The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Giantsquid - BG actually knows how to read a balance sheet.
Refer to my previous point - you do what you do and I mine. :)
"As in most investment it is all about sentiment"
No, it is not all about sentiment. Not if you want to call yourself an investor it isn't. Ben graham perfectly sums this point up:
Ben graham "In the short run, the market is a voting machine but in the long run it is a weighing machine"
It's the weighing machine part where cineworld falls on it's backside.
*encouraging
What an illogical comment "Total debt far outweighs total assets, so the stock is technically worthless."
This isn't a hydrocarbon/oil exploration outfit, we don't value the group according to NAV (Net Asset Value).
We care about Profit to Earnings and pre-covid, Cineworld was making profit every year up until March 2021, when it reported its FIRST loss beause of Covid.
Cineworld was satisfying its debt pre-covid at $3.5bn (pre-IRFS16) and whilst debt has increased to $4.5bn (pre-IRFS16) it is making encouragint steps, and the previous quarter, it reported a positive cash flow and Decemer 2021 demonstrated a 90% recovery to pre-pandemic revenue.
As in most investment it is all about sentiment, orders, +ive and -ive / outlook. For some contrarian investors this share is worth having in your portfolio.
Time will tell. You do your thing and I'll do mine. I am in at 29.36 so OK so far.
"CINE, in my opinion is currently undervalued"
Lol how did you arrive at that conclusion?
Total debt far outweighs total assets, so the stock is technically worthless.
I followed Centamin and bought some shares without doing a full due diligence on the company, however, the court case went on for years and the share price did go up significantly but then down - like most investment - it can go up or down. CINE, in my opinion is currently undervalued. GLA