Member Info for bladerunneruk

Selected quotes can be used to present a situation as good or bad:

“ Cineworld currently anticipates emerging from Chapter 11 during the first quarter of 2023 and is confident that a comprehensive financial restructuring is in the best interests of the Group and its stakeholders, taken as a whole, in the long term. Cineworld looks forward to working with its creditors and stakeholders to advance the Group’s efforts to restructure its balance sheet.”

“ Our goal remains to further accelerate our strategy so we can grow our position as the ‘Best Place to Watch a Movie’.”

“ The outstanding success of recent blockbusters such as Spider-Man: No Way Home; No Time to Die; Top Gun: Maverick; Dune; Minions: The Rise of Gru; Thor: Love and Thunder and others proves clearly that people love to go to the movies and that, once supply of product returns, our business will reap the benefits.”

Of course there are financial difficulties and potentially a large dilution could reduce current shareholders value. However, I’ve been invested in plenty of shares where the dilution has been sudden via an RNS at 7am, leaving no time to avoid a big paper loss. With CINE it’s all a known risk and my opinion, one that is well worth taking.

Why post?

You either want the sp to climb because you own shares, like I do, or you want the sp to decline because you have taken out a short. I also think many posters have a comment in their head and write it down on a chat to cement their personal thoughts.

In 2006 I experienced purchasing shares for the first time. I had £100k to invest. I read books and looked at graphs of big companies share prices. I lost £12k in about 3 days with shares from ftse 350. I sold it all. Straight away the prices increased so I bought again. A few days later I had lost another £18k. This was in May 2006. I walked away feeling numb. I can’t believe how lucky I was. A few months later the big financial crash happened. Ever since I’ve studied share prices obsessively.

In March 2020 I returned to the stock market. I made 40% in one day. Just when lockdown happened and pubs shut, that’s when I bought. Do the opposite of what you’re supposed to do. Doom and gloom in the FT -buy. Vaccine announced, big profits in one day. That’s when you sell.

Cineworld’s like this. ‘ Wolf****s ‘ has posted 333 comments about CINE which are all doom and gloom. He or she may be several people posting under one name. They have a vested interest in you selling. In the post pandemic time this is the most certain I’ve felt about any share. The court case is going to be in Cineworld’s favour and the sp will recover. There are many wealthy people who want us to think otherwise.

Note the comment ‘even if Cineworld’s appeal is unsuccessful’. This is suggesting the appeal may be successful.

On January 12, 2022, Cineworld filed a Notice of Appeal with the Court of Appeal for Ontario and on January 27, 2022, Cineplex filed its Notice of Cross Appeal. The hearing in respect of the Cineworld's Appeal and Cineplex's Cross Appeal is scheduled for October 12 and 13, 2022.

While the judgment and next steps are a key focus for Cineplex and its advisors, due to uncertainties inherent in appeals as well as the newly commenced Cineworld Bankruptcy Proceedings, it is not possible for Cineplex to predict the timing or final outcome of the appeal of the Decision. Further, even if Cineworld's appeal is not successful, Cineworld may not have the ability to satisfy the full amount of any damages or costs awarded by the Court.

Earnings are already known, so don’t expect the results on 22nd to have any effect on sp. The cineplex hearing on 12th October is the big one. It could go to 1p between now and then or increase but in my opinion the outcome of the hearing could reduce it to zero or catapult it to double digits. This is why I’ve bought at these low prices. I don’t think HSBC will want to lose 2bn and they will make the best lawyers in the world are fighting in Cineworld’s corner next month. Definitely gambling, rather than investing but I think the odds are stacked in our favour.

Over $55 million in shipping containers tracking solutions potential sales for the next 5 years via signed agreements in Latin America now going into execution stage

• First commercial orders received from DHL

• Pilot programme completed with the security division of Philip Morris Israel Ltd

• Pilot programme agreed with DB Schenker, one of the world's largest global logistics providers

• Signed agreement for shipping container tracking solutions with Olimp Bulgaria Ltd.

• Post-period end, signed significant distribution agreement in Argentina

Google finance have recorded the final price incorrectly. If you go to
London Stock Exchange, view more trades and download the trades from today you will see the last trade recorded on this site as being 3.16 is actually:
2022-09-13T16:12:05.387 GBX 3.158 76454 2414.41732 Off-Book XLON PRIC P XLON

Therefore, it’s not the closing price.

The drop from 100p to 2p was on the assumption that this was going bust and basically worthless. The last couple of days has shown otherwise. There’s a lifeline that could see this sp retro double figures. Most investors have realised this today and the market makers need to be able to sell shares to these believers. However, it looks like they may have run out and need to acquire more. Do they attain more shares by offering us 5p or 6p?

No. Because if the sp increases to 5p or 6p we wouldn’t sell. Instead we’d hold for further increases.

What they do is panic people into selling by dropping the price. They correctly assume that more people will sell than buy when the price drops.

My message - don’t sell. Hold on until it reachers at least 10p. Longer term, I think this is returning to much higher prices still.

In times of recession, people typically cut back to big ticket items like foreign holidays and spend more on cheaper treats, such as cosmetics and cinema trips.

https://toronto.citynews.ca/2022/09/07/cineplex-says-it-will-push-on-to-secure-payout-from-cineworld-despite-bankruptcy/

The current sp has a lot to do with the cineplex takeover. When it first went pear shaped the sp dropped a third. This enormous payment has been hanging over CINE since then and affecting the sp detrimentally. This court ruling was in Canada, home of cineplex. There is an appeal due in October that could overturn the ruling. That would have a similar effect on the sp but in the opposite direction if it was in CINE’s favour. However, to benefit from such an event to need to own shares now, not the day before the ruling or after the event. I appreciate that it could go the other way but this has already been taken account by this massive drop. The article goes on to say that we have until first quarter of 2033 to sort things out. In my opinion, nobody is going to dilute shares or change the company name until at least 2023.

So here’s hoping for good news on October 12 and 13…

If this judge had not intervened it would be business as usual. The 1.9 bn would soon disappear. The people running CINE have been treating it like a cash cow. This judgment is putting an end to this. It is saying that the company has to be run properly- pay your employees and then come up with a plan to take forwards.

Tom Hanks films have grossed about $5bn in US and $10bn globally. Cineworld is one of the lynch pins in this system. It is too big to fail, in my opinion, and a rescue plan is being devised. However, it will have to operate differently to the previous model which wasn’t working.

Long term I think we’re going to return to double digits.

My interpretation of this ruling is in favour of CINE long term. The judge wants to keep the company operational with employees being paid. There is also a second hearing on Cineplex in October. It seems like Hollywood could be at risk if CINE goes under and they wouldn’t want that to happen.

I appreciate that we could be diluted on a large scale or have the company restarted and lose everything. However, in my opinion this has already been factored in as an almost certainty and why the sp went from 100p to 2p. There is, in my opinion, a reasonable chance this could come good and a price of 4p is ridiculous in this scenario. I think we’re about to see a steady turn around in the next few weeks.

Tried to make sense of this and I can’t - so I just bought back in. Never observed anything like this with shares before.

Often good news results in a drop in the sp because the news was anticipated. Likewise bad news, once out of the way, causes a rise.

I think this is going on an upwards journey over the next few weeks and possibly months….

The big organisations who sold recently my have parted with a relatively large percentage of the company for an undisclosed sum of perhaps 2p per share. The market makers who bought these shares needed to sell them at above this price of, for example, 2p or otherwise they’d make a loss. If they tried selling them to private investors when the price was dropping from 4p to 3p there’d be few buyers even at 2.5p. Despite this being a 25% return on their investment they wouldn’t be able to sell the millions of them they had acquired.

What do they to get rid of them? Do they sell them at a reduced price of 2.2p? No, instead they increase the price to 5p or even 6p. Suddenly there’s no shortage of buyers and they’re making a profit of about 200%. Why are people buying at the increased price of 6p when they wouldn’t buy the same worthless shares at 2.2p? Fear of missing out, dreams of multibagging, dopamine rush of gambling, thinking there’s going to be some good news soon to be released, spotting a trend or pattern that isn’t really there.

Could be any of these reasons. The same people are panicked into selling like wildebeest escaping the crocodiles as the price suddenly falls.

It’s fairly straightforward psychology that puts your money into the hands of the rich every time through fair and legal means.

What’s going to happen to the sp tomorrow? Nobody knows.

Sorry, didn’t mean to start a tête-à-tête. Thanks for any useful info. I’m long here and still trying to learn more about the company.

For uk companies there has to be disclosure of interest at 5%. Looking at the mcap of £21m and the size of some of the after hour purchases they could get close. However, on their website it states:

“Country of Incorporation
The country of incorporation is Australia and the main country of operation is Brazil. Since Harvest Minerals is not incorporated in the UK, the rights of shareholders may be different from the rights of shareholders in a UK incorporated company.
Takeover Code
Harvest Minerals is not subject to the UK City Code on Takeovers and Mergers”

Does this mean they are exempt of the normal notifications and disclosures?

I need to be like a short person in a hospital queue and be a ‘little patient’.

Looking at the RNS from June 1st it includes “ In addition, DB Schenker, one of the world's largest logistics providers, has commenced an initial pilot programme of t42's tracking locks. The pilot programme is expected to proceed for some months following which t42 hopes to initiate commercial discussions.“. If this follows on to a contract win then this sp will increase rapidly. A quick read of other RNS releases show that progress is being made even if it isn’t reflected in today’s share price.

With hindsight I’d have bought at 2p. I would also know which lottery numbers to pick. If you look at the long term chart this rose from 27p to 44p in Feb. In March it rose from 29p to 38p. This continues on other occasions and most dramatically now rising from below 2p to much higher amounts. Meanwhile my Barclays shares have a good day if they increase by 1.5%.

Best wishes to those making a lot out of this but I’ll sit on the sidelines and watch.

https://www.fool.co.uk/2022/08/31/why-the-collapse-of-cineworld-shares-was-predictable/

Of course, many small private investors don’t have competencies and experience in such areas. However, sophisticated hedge funds do. And they can provide a useful hack to the question of whether a company has too much debt.

Hedge funds can make a profit by taking a ‘short’ position in a stock — a bet on the share price falling. They’re required to disclose a position of 0.5% or more to the Financial Conduct Authority (FCA). The FCA publishes a daily spreadsheet, but the website shorttracker.co.uk presents the information in a far more digestible way.

I’m relatively new to EQT, bought in a couple of weeks ago. I haven’t been frustrated by delays. I’ve looked at their income and expenditure, researched the science behind their technology, see the potential for hydrogen as a fuel and the need for waste management. It’s an easy buy for me. After reading this RNS I’m even more impressed. It mentions global organisations, which aren’t typically mentioned in AIM announcements. There is the sensible payment of shares rather than adding to debt. It gives an indication of future revenue and further projects.

If you want your sp to increase this will happen by other newbies reading the RNS and comments on here and wanting to speculate with confidence.

I am confident that the sp will increase and I welcome potential investors to ask questions from more experienced investors on here.

The trades showing last on the list are sometimes huge ( over £100k)and often from a previous day or so. Looks like someone is collecting a large stake.