Am I the only one disappointed by cineworlds lack of voice on court case16 May 2022 14:54
Seriously I can't be the only one.
It has been mentioned numerous times that mooky doesn't often speak , I have been a big defender of this , since being invested he has a knack of saying the right thing at the right time , for instance shutting the doors followed by further liquidity or trading updates etc.
However im not asking them to mention on what the pre sales of Top gun will be , or to reconfirm that he still believes in cineworld , I'm not asking him to give us monthly trading updates or a regular breakdown on how much we make on popcorn.
Dec 2021 we saw the share price drop approx 25% in a day due to a very big substantial judgement, a lot of investors saw any profits wiped or any loses increase ten fold. Cineworld were quick to say we are gonna appeal , we don't believe in this and that etc. And that they will put in a immediate appeal.
The least they could do and I appreciate its my opinion only is to let the share holders know who have big losses that our day in court has been set and we will continue to fight the judgement that's been given to us.
It's not as though they didn't know shareholders wouldn't be interested, the guys that went to the agm brought it up and its my opinion I as a shareholder or anyone reading this should have to find out this very important information by a fellow poster who was kind enough to share it when found.
I choose to hold , my average is now 40p so with luck we see a rise leading up to the court case , may even top slice if this happens as bringing your average down means adding more shares and money then previously wanting.
But have to admit even I am a little disappointed in the lack of communication with the court date, its prob the biggest thing effecting cine right now after all.