Expected results 25th March16 Mar 2021 14:34
There is a lot of questions regarding results 25th , mainly from new investors so I'll try and give my take on it.
Firstly welcome to you all , this board is pretty active and will find some decent folk here that will tell you an opinion based on how they genuinely see things rather then ramp the stock or deramp it.
You will also find less genuine people, these have whittled down loads the last few months , but my advice is to try and work out who these people are , and also remember why YOU invested and what YOUR aim is here, after all this is your money and your right to leave or stay as you see fit , dont be influenced by others with different motives.
Anyway results are due out 25th march , we have made zero money since shutting all our doors in November, we have more debt then we had before and currently burning lots of cash every month, if we know this then I'm pretty sure the market also knows this.
What I PERSONALLY think is important and appoligies if you have read this on another one of my posts or think this is deja Vu , it's just my honest opinion and still the same opinion and one I don't change daily due to sentiment .....
The market will have anticipated results in mind , so for arguments sake and in simple terms if the market expected us to be 100m in debt and mooky ( the CEO) reported us 200m ( a downside) in debt the market will respond negatively and we will go down in value while the S.P acts accordingly, I have no doubt in my mind a report worse then the market predicts will show a nice big red line , which also represents a opportunity to buy on a nice dip. You will also see the likes of motley fool say its end of cinema blah blah blah. But let's not beat round the Bush it won't be great.
If however the market expects a 100m loss and mooky reports a 50m loss due to savings of rent , wages and popcorn there will be a upside and the s.p will act accordingly and move nicely in the green , similar to rolls royce and a few other companys a few days ago. This means we will all be happier then we are today and thinking cineworld is better then amazon.
That said I can guarantee on the 25th the board will be full of derampers if it goes down and day traders in cine trying to push it up if in the green, so I leave you with this,
NOBODY can predict what will happen on the 25th , the price may shoot down may shoot up or just be a big anti climax and not much change due to the market and results being pretty much as expected, i'm however looking beyond the 25th , I'm looking forward to when we reopen , I'm looking forward to the bumper slate of films to be released this year , I'm looking forward to financial quarters where money is in the till.
So rather then worry about the 25th try and look beyond it , and for the plenty of reasons I have given because there is loads to be excited about , which includes in my opinion a lovely rise to the current S.P
My opinion only of course but a genuine one
P.s