10% of the company to lenders and 4.9 billion of debt at 4.5% interest rate. Cine still reliant on Hollywood releading films. I love cinema but I think some on here are overly enthusiastic.
I just sold this morning and made a small 5% profit. Glad the debt is sorted but this is just questionable for me. I would look to get back in on a dip in the new year as I love the cinema.
I have sold some other smaller holdings to free up cash to get these for the divi. Divi is 48p, never going to see that rise on many of my other holdings. Price dropped to 1503 on trading 212 as i did buy. Will buy the dips for a nice divi next month.
Wow, i got something right. Sold yesterday to get out with 0.5% profit. Would look to get back in but no idea where the new bottom might be now. Thoughts?
RE: UK defence spending to increase by 10%19 Nov 2020 09:05
The Daily Mail does mention money going to the new 'Tempest' fighter jet, so thats positive. 16b isnt much when you consider what they spent on facemask, PPE and track/trace tho.
New to the forum so Hi. My GSK average is 1450 and intend to keep averaging down and holding for divi's. Beats the banks. Any thoughts on the bottom here as have cash to buy more from the madness last week. Thank you.