22nd feb 2021 key date14 Feb 2021 11:27
Good morning all cineworld LTH , hope all is well and your enjoying your weekend as much as you can.
Lots been mentioned in the papers and on here about 22nd feb , I have to agree I think this will be a key date for us, as boris will give us his roadmap out of lockdown, it also gives us another weeks data on deaths and new cases , and of course a opportunity to vaccinate a few more million people.
However I also have faith in mooky , he has been in my opinion very shrewd this last year , whenever we have questioned him he has always came back punching , and I genuinely believe behind the scenes he will already be working on key dates that suits the business rather then the people on when to reopen . The 22nd gives us hopefully dates on when we can reopen the earliest, however if mooky decides to wait a month or 2 longer no doubt he is thinking it will be better for business and I'll just continue to wait for the golden rns of reopen
That said after the 22nd if boris mentions hospitality sector open dates or when he does mention it in due course i would expect the sp to rise on the good news alone , just like it has the last couple of months where we have a new baseline in the 70s.
And let's not forget mooky is now working to a golden bonus which I really hope he gets.
Either way my believe is this is still massively undervalued and I will continue to hold until we are fully open enjoying a bumber year of cinema new movies and perhaps stale popcorn
My opinion only of course