The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I wanted to be very reserved! Popcorn and drink combo is £8.50 at my Cineworld
There is alot of speculation of this happening! If it does then I'm not sure were this will end up! Monday will be interesting as I cant see them 300m trades dropping too much! Very interesting week next week! GLA
I thought I would do some workings out!
10,000 screens average screen attendance 125 people (very Conservative in my opinion) we are guessing that all have been sold out based on social media and trying to book ourselves! So that's 10,000 x 125 = 1,250,000 then x £6 as I guess that will be the average spend per head including food and snacks and tickets = 7,500,000 then times that figure by 7 screening which = 52,500,000 from today alone. I personally think this is very Conservative and I think today's takings will be more like £75,000,000+
Have you seen the cineworld Facebook page? Loads of people moaning as everything is sold out! Good for cineworld and revenue as I guarantee they are all buying snacks! Hopefully some news about how well cinema day was! Anyone fancy working out potential revenue based on 10,000 ish screens all being full for at least 6/8 showings!
I literally cannot get a ticket for any of this evenings showings! Looks like it's not going to be my money spent at cineworld today!
One went through at 5.54p 10 minutes before!
The drop was always going to happen in the afternoon like it does with 99% of shares on a Friday. Day traders take profits! The interesting part will be Monday! As we then have a full week to rise!
@fig a very good point! I didnt actually think of that!
Hopefully they close next week! And help push this up!
Well with 300m shares traded again today and a lot of people in at 5p and 6p holding on for gains! I can see us rising back up towards 7p and who knows maybe 10p isn't too far away next week? But we shall see what happens! Hopefully some form of RNS stating that talks are going well with lenders will help drive this to 10p and beyond! GL to everyone and enjoy your weekends :)
News will be out about how well National Cinema Day did! Which should help with a nice rise!
I also guess that whoever owned at £3.00 sold at £3.00
Share price drops and you start seeing purchases 2m, 3m 1.2m, 1.4m at cheap prices! The MMs really know how to work stop loses and make good money!
So do I! haha! It stinks :P
You troll this whenever there is a slight drop!
You think this will finish red? We shall see! I hope you are wrong!
We shall see what happens!
@shortCINE - I thought the same thing! As soon as it dropped millions of shares were bought! If this continues to rise until close then yes, I am with you some sort of RNS is coming! And by the rise it should be positive! GLA
They are like a bad rash you just can't get rid of!
I seen a drop and I thought I guarantee the de rampers will back in full swing and here you are!! haha