RE: Simply Wall Street CINE 20% undervalued!10 Nov 2021 17:41
Mountainous if you plan on sticking around until this reaches north of £4 a share not only will you have shown extreme patience , (more then I can ever handle) , you will prob break a record for most messages on a bulletin board , in my opinion it will take years.
Smalltraders post which shows wall St's foecast ( it's not his own remember ) I presume would account for everything going right at the right time, we win the cineplex court , ( hopefully we will) studios and cinemas work in harmony , big attendances with big revenue which pays that debt off. Etc etc
As you correctly say it will take a substantial time , something I believe everyone can agree on . So while I personally think due to my experience in how this share often acts its quite extreme to look that far ahead , anything can happen in the meantime good and bad ,.im sure for instance the long term forcasts didn't predict covid Dec 2019 , on the flip side many expected cineworld to be in the graveyard with blockbusters and woolworths. We are still here.
But..... I'm sure everyone can also agree if and when it reaches back to those dizzy heights not only will everyone here look at the s.p with a smile , because we are all invested in that same recovery and all believe it will reach a certain point (our exit point) it would of clearly recovered beyond certain expectations . We will also look at you with envy knowing what we had and what it would now be worth.
I think we can all take the forcast as a pinch of salt right now, it wasn't put up to say it will be this in x amount of time , more to show there are some company's that believe on the s.p recovery,however the purpose of the message was to wish you luck because you have a loooooooooooong old slog ahead of you which I expect 99.9% of us couldn't do.