The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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.
My point about restaurants perhaps is not that strong - as restaurants do operate to very fine margins - so they are under big threat. But looking at cineworld profits prior to all this - they are not a comparison.
taziz... smell the coffee.. they are all day traders and FOS
I feel as if I must be missing something here - with the amount of negative views on the outlook for Cineworld.
Yes, remaining closed its losing pretty much all its revenue and so no company could withstand that indefinitely. But i cant see how this is realistically going to go on indefinitely.
If any company should be able to withhold a set back like this it should be Cineworld. I think its highly unlikely that landlords would be so harsh with them to push them to administration and lose a solid tenant. Government incentives allow them to retain staff at minimal cost and reduce rates liabilities. So its mainly just a case of sitting tight for them.
When cinemas do re-open, there is going to be a huge amount of blockbusters opening up in quick succession - its going to a great time for ticket sales.
Yes depending on the severity of the virus, the operations will need to be adapted to make accommodating so a large number of people in a room more palatable for some - but this should not be impossible for companies of this size. I can think of at least 5 thinsg off the top of my head - and its not even my industry.
All this talk of streaming being the future - this has been going on for years - but cinema still always remains strong. I have a very large TV at home, netflix and other subscriptions, drawers full of treats, comfy sofa - but still rarely watch a movie at home, but usually goto the movies numerous times a month. The cinema experience is not just about watching a movie.
Unless we are saying the leisure industry in its entirety is going to all come to go bust then its likely what we are going to see is companies just adapting to new practices. Otherwise, we are saying:
- Restaurants all going to close down
- Cinemas all going to close down
- Huge football clubs and the premier league etc, just closing down forever.
Etc etc.
All of the above highly unlikely!
The severity of the situation in the USA is an issue as Cineworld is exposed there - but even that'll get figured out eventually.
Cinema will be closed until Sep 2020..................No money, more loans and interest payment.
Flava so it is being driven lower to fill this order? Where will go from there? Can see it there quite quick but the shorting hasn't got out of first gear yet!!!
Buy order set at 25p
I'm just sat waiting to buy
Regret not buying these at 20p because I had funds tied up elsewhere. Like I said previously, it did not go to this value for small investors to double, triple or quadruple there money within a couple of days. It went to this value , quite possible for it to return to this value at a subsequent stage.
The institutions i.e. Fund Managers, Pension Funds, investment Banks pushed it from 20p to 40p to 60p and then momentarily to 80p, because they are big enough to buy, sell and hold, at their leisure. Rest assured, it will eventually return to 80p, but how long this will take, we don't know.
What we do know 80p was a value to which we were heading before the word " Coronavirus" was even invented.