Onwards and upwards21 May 2020 01:05
Out of all the shares I have, I believe this has the right mix of risk and reward. It’s in my top 10 by size and I have a decent stake.
I’m not trading in and out like some of you guys, with the volatility I’m sure you’re doing well but that’s not for me. I’m aiming to hold this stock for at least 12 months, probably much longer. I’m looking to at least double, probably trip, my investment.
Have read lots of articles, some for and some against. However, I strongly believe that once lock down is complete, the cinemas will implement social distancing measures (families sit together with an air gap to others, pre packed pick n mix, films staggered throughout the day, etc) and the general public will be back into cinemas quickly.
Cineworld has large multi-plexus, they will be able to make this work - won’t be easy and the sp won’t be bouncing back overnight but once Topgun 2, James Bond and all the other releases come to the silver screen we’ll see some good momentum.