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@NOFEAR
Feel sorry for you. Do you need a hug or prabably want to talk to some one? Still on an anger stage I presume) The peace will come....)
I understand you are doubters but its time to change the tune of: the pandemic doesn't exist. Calling Pharma and other corporations self serving, doesn't help. This is not the time for conspiracies - private investors on this board need to think about their investment in CINE.
Always seems to go up after bad news and down on good news. Probably end the week on 50p. Such a perverse stock.
Covid deniers? Good watch based on cold hard data... https://www.youtube.com/watch?v=03cDtC_8V5k
Given folk can only die once and Pneumonia & Influenza deaths are well below average, i.e. they got taken out by COVID-19 and cannot die again to Flu, we'll exit this year pretty much flat on deaths. A guy who works for me sadly had an Uncle who died recently of COVID-19, the fact he'd been hit by a bus and in a coma for 3 months, but still a recorded COVID-19 death. The media is in full-blown hysteria mode, more folk die of Prostate cancer every day than COVID-19.
This seems to be crawling upwards....a dead cat crawl....or just getting on with things now the news is out
Great post M00la, I'm glad you're back (*__*)
Where have you been hiding ? I've been almost teared apart by the likes of:
guitarman001
JohnnyCoder
Vorobej
Bertles
Big pharma, like any other corporation is there to serve its shareholders.
It’s not a public service, they are not hero’s, in-fact typically they go out of their way to serve their own interests in detriment to the publics interest, with extortionate drug pricing etc..
It’s good though that many are researching a vaccine on the government dime so there will be a lot more scrutiny.
I appreciate some of you think that covid-19 is a hoax, but its time to face reality. Get behind the vaccines, cures and tests and help CINE out.
@johnht
Spot on. There's more risk and scope for this to get worse rather than better right now.
On the other hand there's those who were thinking it couldn't get any worse.....but it did today
Subsidised wages for 6 months aint bad, there are some gems coming from Sunak today that I don't think are fully appreciated yet. Just think what happens when the Americans finally get their stimulus.
https://www.birminghammail.co.uk/news/midlands-news/rishi-sunak-announces-government-subsidise-18989184
John is okay then to call you a herd immunity denier? Interesting that in Spain their cases peaked about 3 and half weeks ago at average of around 8,500 cases a day. They are not "doubling every week" as Patrick Vallance suggested. They haven't really changed anything, most places are open, only some local lockdowns in Madrid. So what is stopping the spread? Potentially more immunity than we think.
Their deaths are at an average of 113 deaths per day (compared to average of 866 deaths a day in the spring peak).
How about you update your idea of how dangerous covid is instead of labelling anyone who questions the assumptions a "denier"?
It has just been announced that struggling businesses can make interest only payments under pay as you grow? Sorry if im wrong but thats what it sounds like
It's time for covid-19 deniers to get behind the efforts of the medical and scientific community to find realistic meaningful breakthroughs - these include vaccines, medication and testing. The quicker the better!
I read the report with interest and there are some interesting points in there - which I will comment in more detail in later posts. But for now, top level it paints a bad picture.
1. More debt or refinancing required
2. Further shares likely to be issued which will dilute current investors
3. Losses and debt worse than Analyst prediction, implies new target prices will be issued
4. $0.5Bn debt in 2020 so far with more to come
5. 70% drop in admissions
6. It may breach covenants in December and next year
This is not a positive scenario right now, we can expect further news of dilution/or more debt and I expect new revised target prices soon. This means that the sp is likely to go down further over the next few weeks.
GLA.