New potential9 Jan 2021 12:46
Hi everyone, looking at the leisure sector as we look forward not only to summer but to an end to the mess we've had for this last year.
I look at this company and see some potential - I accept many will have lost money because of Covid. When I look at the share price history this had already begun a trend down which is slightly worrying.
In these times diversification is needed so you cant complain that the company is moving past the bricks, and in fact I find what they are planning with the live events quite interesting despite not fully understanding it! The K pop festival is a great idea, but where is the money coming from? And i dont think i fully understand the model for some of the other live events, can someone give a little more clarity?
Im going to need to look further into the financials of the company as im guessing they wont be fantastic but neither is the share price so im seeing a great opportunity potentially. Just like ive invested recently in escape hunt (not a ramp) for a similar recovery play.
Also read a lot on here about lack of trust in management / salaries etc which I will need to look into more, but i dont think this is shooting up in the next week at least so good time to dig deeper
look forward to hearing thoughts on this new side of the business