Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Did anyone else see the RNS TR-1's for Morgan Stanley increasing to 5.37% and Goldman Sachs increasing to 7.59%? I got the email notification from Investis about 2:30pm but I don't see them on here when I click on "CINE Live RNS".
https://www.cineworldplc.com/en/investors/press-releases/rns
@Fun in answer to your original question I think TR-1’s are released once holdings go over or under each full % point (over 3%) Take the example going from 12.17% on 6th Jan they could accumulate every trading day all the way up 12.99% on Friday 22nd without a TR-1 declaration. On Monday 25th they only needed another 0.34% which is around 4.7m shares which is achievable on a day with 16.7m volume. It’s late and I’ve had a drink so my maths might be out but that’s how I see it.
Jhango steadily increased holdings in CINE over the past 2 months:
9th Dec – 6.98%
11th Dec – 8.16%
21st Dec - 9.39%
4th January - 11%
6th January - 12.17%
25th January - 13.33%
Looks to me like they accumulating before moving in for the kill one way or another.
I could be wrong but isn’t Hargreaves Lansdown’s 4.79% holding their client account so combined PI’s shares rather than an II holding? If so add that to our combined holding.
Thanks Kim & Steve - it’s good to read something sensible on this board for a change. I tend to take anything I read on here with a pinch of salt but I’m feeling much more relaxed now about my holding compared to 7:30 this morning.
Yes a bid under £2 would likely be rejected but the timing of a "move", hostile or otherwise may be better received generally once we get to that point.
I agree with a few others on here that if they do make a move it won't be before 9th March when the 12 month high will be 99p and will be until 8th June so could also potentially wait until after then. They started selling big in early September after takeover rumours were reported in The Sunday Times before buying back in so could be just trading or as zstarz says riding both horses. Either way their current involvement has given me more confidence in this share.
Please keep it up NOFEAR, I for one want to read your detailed posts. No one seriously considers it a crystal ball, just adds to the overall picture.
Yes, good find NOFEAR
On 31st August the sp spiked after rumours of a takeover in The Sunday Times, Jhango then dumped a bucket load of shares but the sp miraculously held it’s own for the duration of the sell off. Who knows what game they are playing this time.
Misinformed
http://******************/rampchecker/rampcheckbytidm.php?search=CINE
Most of us are there regardless, looks like it’s a scrape of all the posters on this board.
Production companies want the best possible return on their investments, they know for sure the box office is where the money is at.
Variety reports Legendary Entertainment, the production company that co-financed “Dune” and “Godzilla vs. Kong,” may take legal action against Warner Bros. over the studio’s decision to send its movies to HBO Max at the same time they debut in cinemas.
Legendary financed a significant portion of “Dune,” which cost roughly $175 million, and “Godzilla vs. Kong,” which carries a price tag around $160 million. Yet the company was largely kept out of the loop that their films would be included in Warner Bros.’ plan to send 17 films — its entire 2021 slate — to the subscription streaming service and any open movie theaters.
https://variety.com/2020/film/news/legendary-entertainment-warner-bros-hbo-max-deal-dune-godzilla-1234847605/?cx_testId=48&cx_testVariant=cx_1&cx_artPos=0
My CINE shares are on HL but do have some others on T212 and I have a notification that there is an Order Execution Delay due to problems with their intermediary Interactive Brokers experiencing connectivity issues hampering T212's ability to trade.
I know the WB news is not great but Variety reports that Mooky is close to signing a deal with Universal with regards to taking a share of streaming revenue. I wonder if there is a deal to be done with WB as they clearly see this as a temporary situation and will want be on side with the theatres when all this is over and the box office is where the money is at once more.
“ Regal Cinemas is reportedly getting closer to forming an agreement with Universal Studios, joining other large movie theater companies with similar theater to digital release agreements”
https://screenrant.com/regal-cinemas-universal-studios-theater-vod-release-deal/
Many happy returns sir
Outrageous, an absolute disgrace.
The article addresses how Tenet and Mulan performed using different approaches to generate revenue during the pandemic.
Interesting that studios are not making PVOD revenue public as they do with theatrical box office.
“You’ll notice that Universal isn’t putting their tentpoles Jurassic Park: Dominion or F9 on PVOD. That will never happen,” says a studio insider. Adds box office analyst Shawn Robbins, “Studios have the control as to how they release movies”
https://www.hollywoodreporter.com/news/skipping-theaters-hollywood-studios-weigh-risks-of-pvod
Thanks Hosai, you’ve made my day. Here’s a link from the man himself:
https://mobile.twitter.com/NYGovCuomo/status/1317502830073290752?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet