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NOFEAR I’ve been here since May and held onto a very similar number of shares at a very similar average to you. You and a few others on this bb kept me sane though the lows and as a first time investor I thank you for sharing your wisdom and positivity. If I stick to my original plan of holding for 12 months I’ll be here until May this year. I hope you meet your target tomorrow , if not very soon.
The film slate is definitely key now. Hopefully this news will encourage the studios to fully commit to release dates, then it’s game on.
Mooky played a blinder closing when he did and I fully expect him to make the right decision on when to reopen. 25% capacity can be profitable in the right circumstances but I think he will know very precisely where we need to be. I hope an announcement comes soon even if it’s some kind of road map rather than hard and fast dates.
More good news from our friends over the water reported on Sky News:
“Joe Biden has said that all American adults will be eligible for a vaccine by 1 May. The president also said his target to get 100 million vaccines administered in his first 100 days was 40 days ahead of schedule.”
Great news
https://news.sky.com/story/all-american-adults-will-be-eligible-for-a-vaccine-by-1-may-biden-says-12243318
From The Hollywood Reporter:
“County officials gave their approval on Thursday.
Los Angeles movie theaters have been cleared to reopen next week, although capacity will limited at 25 percent.
The county's department of Public health said on Thursday that cinemas, along with certain other businesses, will be allowed to once again welcome customers in the coming days.
The announcement came several days after, under California Gov. Gavin Newsom's reopening plan, the county moved from the purple tier to the less-restrictive red tier after the number of COVID-19 cases eased, meaning that movie theaters can reopen by the March 19-21 weekend.
Los Angeles, along with New York City — where theaters reopened last weekend — are key to any box office recovery.
Once New York and Los Angeles theaters are back in operation, film distributors will begin to feel comfortable releasing their big-budget tentpoles. However, studios will want to see capacity grow to 50 percent.
The larger Los Angeles market provided nearly 9 percent of all box office revenue in 2019, while the New York DMA turned in 7.4 percent.
At present, roughly 45 percent to 46 percent of the theaters in North America are operational, according to Comscore.”
https://www.hollywoodreporter.com/news/its-official-los-angeles-movie-theaters-can-reopen-next-week
I wonder how close we are to a reopening RNS. Things are really starting to fall into place.
Only by a whisker Crumpets!
A Summer without restrictions here and over there would be magnificent. It’s definitely looking all the more likely.
From The Hollywood Reporter:
“ Los Angeles movie theaters may be only days away from reopening, albeit with a host of safety protocols including 25 percent capacity or no more than 100 people in any auditorium.
Cinemas across L.A. county — the top moviegoing market in the country and home of the entertainment business — have been dark for a year because of the pandemic.
On Tuesday, based on Gov. Gavin Newsom's reopening plan, the county moved from the purple tier to the less-restrictive red tier after the number of COVID-19 cases eased.
If that trend holds for one more week, cinemas will be allowed to reopen in time for the weekend of March 19-21”
https://www.hollywoodreporter.com/news/los-angeles-movie-theaters-could-reopen-by-march-19
I called HL last August to Bed and ISA another share and they blamed Covid for not offering the service. I didn't want to miss out on any rise whilst locked out waiting for funds to clear so I funded the ISA first, bought the shares then sold out of my trading account. I ended up getting spiked, the SP went the other way and was worse off in the end. I'm still pretty annoyed they wouldn't do it but you live and learn.
I'd be delighted with a 1.10 close but if something is specially mentioned in the budget it could be an even more interesting day for us.
On the financial calendar preliminary announcement of full year results is 25 March 2021
Very good news, gives hope of further reshuffling
Looks like they decreased as soon as takeover rumours started to take hold, same as last time in early September. I'm not ruling anything out from them.
You were bang right Steve, today is a better day. Notwithstanding the silliness of this bb I have to disagree with you, going from profit to a £37K loss to back in profit wasn’t exactly paradise. I don’t have those numbers here so this is a walk in the park for me.
Hi Steve
I made a small punt here in August but didn’t really start buying in until October. Since then I’ve been dipping in and out of this board but never posted as I found it impossible to follow or who to trust. I more or less switched off until the suspension and things have got even worse. I must admit I’ve been I little concerned this week. Your posts here today have somewhat encouraged me as I know you to be of sound mind. We are both invested in another share also with an colourful BB where you have reassured me and many others during past unpleasantness. Thanks Steve and good luck all.
Gone
I’m no expert but L2 has been strange today and yesterday. Reminds me of early September when Jangho managed to offload a load of shares miraculously without the sp tanking. I wouldn’t be surprised if we see an RNS soon with holdings decreased OR increased. I’m hoping it’s what we experienced in September but the other way around. Either way I feel Jangho are involved. Definitely intriguing.
I’m no expert but L2 has been strange today and yesterday. Reminds me of early September when Jangho managed to offload a load of shares miraculously without the sp tanking. I wouldn’t be surprised if we see an RNS soon with holdings decreased OR increased. I’m hoping it’s what we experienced in September but the other way around. Either way I feel Jangho are involved. Definitely intriguing.