Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Not bothered, excellent top up top up time.
Viruses mutate - we have known this for some time and COVID-19 is not somehow immune from what viruses do.
When they mutate they tend to do so in ways that make them more transmissible - again we have known this for some time (if you never previously knew this then during this Covid-19 two years you should have learnt it as it's been covered to death).
HOWEVERY- with these mutations they also tend to become less deadly (again this is info widely reported for some time).
Think for a moment - what good is a virus that is both very deadly AND transmissible. In a short period of time it would effectively kill itself off as nowhere to spread itself.
South African latest variant (mind we had one before along with Kent variant last year and same panic and at times misinformation)
UK goverenment is slowly learning from those and then the Indian variant to take action early AND we also have good vaccine coverage we previously didn't.
For Cineworld it's not limited to UK, or EVEN UK and USA we do want most of developed world to remain largely operational as studios want/need certainty and worldwide releases.
So yes some concern, but on balance at this stage feel we should still be good (much better than a year ago anyway).
Back to my granny nap awaiting specific news/or £1+ SP whichever comes first.
No1Plasterer - it has already been stated that the current vaccines hold up well against new variants, and can easily be tweeted to include protection against new variants.
It is nowhere near as bad as ha ING no vaccine....
HOLD FOR THE BOUNCE
One thing Is for certain airlines tui, will take a beating on Monday, Just off the PCR tests again
Bonkers - I agree with everything you’ve just said.
Sharing some info for you my fellow holders.
https://youtu.be/Xbng22rED1A
https://youtu.be/abMDdJojnqc
As you will / have seen, the new variant was first detected on the 9th of November and confirmed as a new variant on 11th November. This in my opinion would go a long way to explain the tardy performance of our SP, we know for sure that the professional investors will have access to high quality reliable medical surveillance and alerting information / services. I mean case in point, the 0.37% (circa 5m shares) short taken out 24hours before the news of the variant broke. We have no chance of competing short term all we can do is hold long and strong.
Fun fact I learnt whilst looking into the shorts, over 120m of our shares are currently held short.
DYOR GLA
Smalltrader you wrote.....Just one news to confirm that new variant is not a bigger threat is enough to explode the share prices. Already one of the SAGE scientist confirmed that virus is known for few weeks and that some advisors are "exaggerating"
Where have you read that , if this was confirmed as no threat there wouldn't tighten restrictions and red list returning.
I have seen nothing to say this has been identified weeks ago, I expect it was giving its starting to crop up everywhere but don't believe this has been known behind the scenes for weeks , if it was they would A) know the data for this and B) if it was nothing to be concerned off then why make restrictions now. Simply they don't know.
Do I think our vaccines will be effective against this variant , I actually think they will, bit I don't see the substantial rise in the s.p anytime soon especially with this dominating the news this weekend.
For me the next thing to see is the data after 2 weeks and hope they don't reintroduce social distancing as that will have a impact on the buissness.
The really good news is if this turns out to be worst case scenario the 100 day clock has already started on making a new vaccine available that will combat this mutation.
So not gonna be a long term problem whatever the circumstances which counter claims all these idiots saying cine won't survive this.
Regardless of what is debated the facts will win out -
https://www.worldometers.info/coronavirus/country/south-africa/#graph-deaths-daily
Make of this data what you will, but I prefer to analyse using facts.
Cine for the win…..GLA
Its the possibility that the vaccine wont stand up against it that is concerning I think
Yuri. F that's what people like you said about Delta, never happened. Who are all these new derampers? Lol.
The only difference in the new variant is that it spreads faster! Not more deadly than the other variants. You think this will be the end of new variants Yuri. F? The mutation of the virus will continue all the time.
Yuri. F, don't talk as if you are running the world's second largest cinema chain. Leave it to Mooky. He pulled CINE out from the pandemic when cinemas were closed for 6 months. In a few days, it is December and there is no sign of lockdown in US, which is CINEs major market with 80% revenue from US and in couple of months, it is business as usual. Cinemas are here to stay for several decades. Movies like Avatar and Matrix will be coming again and again. Big screen can't be beaten.
Just one news to confirm that new variant is not a bigger threat is enough to explode the share prices. Already one of the SAGE scientist confirmed that virus is known for few weeks and that some advisors are "exaggerating" and over reacting, which has been the case since last year. If Merck says their pill can stop the new variant then all markets go green. We will see a repeat of last year with SP moving from 50s to 122p by March.
yep, another wave of carnage is expected from now on,
last cine report already shows negative equity and current assets insufficient to cover current liabilities,
with this report of new variant cases spreading around Europe - pretty much nail in a cine' coffin.
This is unknown. Could prove that vaccines stop it. Medical experts do not know. But will always state the worse. That way cannot be accused of endangering lives. Even with the collapse of the SP. There have been more buys than sells. The shorts do not have enough shares available to them to close their position. There profits are only on paper. As soon as they make a move to close them, the SP will rocket up. Everyone hold tight and this will bounce back. Mooky has received an offer for regal from Walmart. He is trying to find a way to get his lost 8% in shares back in the deal. This is the issue we have with Mooky, part of the new lender, not only stripped him of the shares, but prevented him buying them back on the open market. If not he would have bought them back already. 2022 will see this share soar. imo
Agreed I think the chances of the vaccine offering no protection is very unlikely. As long as we don’t see lockdowns in U.K. and US and we can keep the tills ringing this will blow over.
Omicron variant may not evade booster jabs or two proper doses, says expert
Professor Calum Semple, who advises the government as part of the Scientific Advisory Group for Emergencies (Sage), told BBC Breakfast: “It’s very early days, we’ve only known about this virus for a few weeks.
“The evidence is it’s not causing more death and that’s important.
“The problem this might present is it might evade some of the vaccines but it might not evade the boosters or the two proper doses.”
He encouraged people to go and get their coronavirus booster vaccines.
Source : https://www.independent.co.uk/news/health/coronavirus-cases-live-omicron-variant-covid-latest-b1965192.html?amp
The director of the Oxford Vaccine Group, which developed the AstraZeneca vaccine, expressed cautious optimism that existing vaccines could be effective at preventing serious disease from the Omicron variant and said it is unlikely to result in a reboot of the pandemic.
Speaking on BBC Radio 4’s Today programme, Prof Sir Andrew Pollard said:
If you look at where most of the mutations are, they are similar to regions of the spike protein that have been seen with other variants so far and that tells you that despite mutations existing in other variants, the vaccines have continued to prevent very severe disease as we’ve moved through Alpha, Beta, Gamma and Delta.
At least from a speculative point of view we have some optimism that the vaccine should still work against this variant for severe disease but really we need to wait several weeks to have that confirmed.
But it is extremely unlikely that a reboot of a pandemic in a vaccinated population like we saw last year is going to happen