RE: SP this week4 Dec 2021 15:27
Unfortunately we seem to be in a position where news of new variant, what potential it can do and how its reported by the media is causing a real sentiment in the market in general. Talk of future lockdowns for me is fake news bit with what's happening in Austria and Germany which are both trying to force the unvaccinated to be vaccinated or at the very least make life so difficult for them they choose to get vaccinated.
To add to that we have a court outcome due which will prob put new investors off. We feel as investors we will win , cineplex investors will feel the same.
That said looking at a buissnes and I always say it we continue to progress , march financials we were shut , then we had staged opening with social distance and now we are fully operational.
Month on month figures show higher attendance levels at the cinema , supported and evidenced by the last trading update.
For me the s p has dropped on what's happening away from cines progress. For me it will only be a matter of time before it corrects itself.
S.p predictions I won't do , it's all guess work , if people knew we would all be very wealthy.
My opinion only.
Bit time and patience really is the agenda right now and plenty of it