RE: Future s.p predictions are25 Aug 2021 06:26
I see that piece quite positive FI. They are stating the obvious re delta variant. I don't think we expected it not to hit sales and attendance nor did we expect certain groups to just return to cinemas. But crucially, the talks and outlook appears to be more positive than one might have thought, given where we were. To me, it's purely a waiting game for the industry. There's a threat of restrictions etc, so clearly something to be mindful of. Whether it means the sp isn't going to recover is anyone's guess. Specifically to cine, I think strong performance, reduced debt and a bit of fomo/freak re rate, can push the sp back into the March range. Not sure when though. I think we're due a leg up at some point in the next 6 months, but that's just my gut saying that.
When we get 5% rise days, what would be nice is a fair few more. This bouncing around stuff doesn't allow people to see a trend or value if it's just stuck