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Thats 3 of us, so far, with circ30%+ in Cineworld. Plus Lar at 76%. Also, with break even prices in the 70's.
That's interesting & am sure we will all see a reasonable return at some point.
Pig
Alex, yes, I sit at my PC most day's so no need for all that App stuff. PC in home office works really well for me with 2 screens. One with live prices & other for this sort of thing & research. Have a look at investing.com, DividendMax websites.....Slightly off Cine topic, sorry.
Pig
I have been with iWeb for a few years now. I like the £5 a trade with no fixed fee's. Platform is basic but i like that too.
Not a recommendation, just saying..............
Pig
Correction: ....MyDrama is correct
Pig
I think Alex is quite correct, & that's good advise to someone beginning.
But it's not the only way. I remember starting in 1984 with some Hanson shares. They were just down the road in Hull. In the FT they were in the Conglomerates section. I used to go to Beverly Library a ask for little cards called Exxel Cards. They held all the latest fundamentalls. Then write off to each company's Regitrar for Annual Reports , which would arrive in the post a week or so later.
God, i sound like a bl**dy dinosaur!!
But Alexs' point is right. Whichever way you do it, take it seriously & learn by any mistakes.
CapitalistPig
Am just curious as to how Cine fits into the portfolio's of other regular contributors.
For myself (& Mrs Pig) Cine forms 39% of ours, & have a break even share price of 72p. (after a recent top up @ circ60p. [not today's 15m......lol]. At £204/penny rise i would maybe get itchy fingers to sell around £1; or 'sell some, keep some' as I did this week with my IMB shares.
Over last few months I have been exiting my positions in RDSB & BP; which I have completed.
Also, on Monday sold all my HSBC. ISA account now 38% invested, 62% cash.
Now only holding BHP (mining 20%), Fags with IMB & BATS 23%, Capita 17%, Coinbase 1% (a punt on crypto really)
I won't be buying more Cine as I think 39% is enough. With the DOW @ c36,000 & the FTSE @ 7,200 I have an eye to, perhaps, a small market correction, so don't want to be over exposed just in case.
Don't forget folks, use the Filter option for those pesky web toed creatures & consign them to the green coffin
As ever................Pig
Plus Mooky talks of a possible NYSE listing.
A huge plus in my opinion
Pig
Thanks for that Bonkers. Yes, just spotted on Nasdaq it's 1st November. Next Monday.
Good results there may move us out of this 60/63 'dead calm' range. But agree with others here, the trial is holding us back.
All will be know in roughly a week with trial decision 2/3/4/? Nov......followed by a Mooky update.
Fingers crossed.....
CapitalistPig
Can't see a Special Gary. Been quarterly payments since early 2015.
Would be nice tho......
SP took a knock today; off 29p (1.85%). If this is going to 'dribble' down to around the £15 mark, i will certainly consider buying back in. Results for full year in 13 trading days, which i'm sure will be good. Then XD 25th.
Any fall off to that £15 area is a good topping up point with an eye to selling on the rise to 48p XD day. All only in my opinion......
Good luck all............
Capitalistpig
Couldn't resist. Sold half off @ 1,584.60p. Still holding £5k but have locked in a return in 7 months of a tad over 15% with the two small dividends & capital appreciation. Quite happy with that.
Sure some may poo poo it but i fealt the strategy of 'sell some, keep some' was the right choice.
Do feel free to kick me in the shins when the price sails over £16......lol
Good luck all
Pig
Great views both, thanks
Yes, it's the numbers of bums on seats which will give us here a guide to the recovery in cinema in the US.
To me, it's our best pointer. Before that we may have news from the Court Trial.
Best case scenario; good result there, followed by a Mooky update and/or terrific results from AMC.
I haven't been to the cinema in over 20 years. For me Cine is just another investment to make money. But i do appreciate those who do attend & report back here, thanks. As to whether the line up of movies is good moving foreward or poor, i don't know. But cinema has been around a long time &, in my opinion only, will return to better day's.
The best to all
Pig
Instead of talking about all this cr*p we investors ought to be concentrating on the upcoming Q3 Results from our largest competitor in our biggest market. AMC have 950 Cinemas(Theatres) with 10,500 screens and report on 8 November.
I for one would rather come here to hear peoples views on this than if Spiderman et al is played out or not!
I note the AMC share price has fallen 18% over the past 6 day's. $43.5 to $36. Not sure what that say's or if significant
Pig
Hi Throne, I do tend to trade the high's n low's. Looking at my profits over the past 18 months (since Covid) in my ISA 86% have been by trades 14% with dividends. Never in at the bottom & have sold out too soon on many occasions. I had an average of 998p with RDSB(Shell) & sold all recently @ 1,651. They carried on rising to now 1,770. Same with my BP really.
It's all about timing isn't it. So many times iv'e sat & watched a nice profit 'melt' away as the SP drifts lower.
I have about 8/10 companies that i watch really closely. Trying to weigh up when they are good value or overpriced. Reasonable success. Just a bit of fun as retired now. Broker is iWeb; £5 a trade with no monthly fee's. It's ok.
Watching Bats, Bhp, Capita, Cine, Lgen......
Good luck
Pig
Speaking of articles, here's one on AMC. Results out 8 Nov.
Good results may have some impact on our SP via Regal in US
https://www.nasdaq.com/articles/amc-entertainment-amc-expected-to-beat-earnings-estimates%3A-can-the-stock-move-higher-2021
Pig
Much appreciate the reply Throne,
Think i will probably let the share price decide for me. Hold off @ the £16 mark, but 1,650 & will sell.
OR. Could sell half at that point. Lock in profits but still have £5k in the game.
The next two dividends are the 2 large one's at 48p. So am expecting a rise in the share price of some kind on the run up to 25 Nov, as buyers accumilate. Also, between now & then we have Full Year Results out on 16 Nov, which going by the recent update should be good. That could move the price too
Will watch & hold....
Pig
Not too sure which way to go with my IMB's. Buy's @ 1,348/1,373/1,425 & 1,500. Total about £10k. Average is 1,428p.
So am looking at a nice tax free return in my ISA if i cash in; say @£16...that's the easy bit.
BUT. Do i wait & take the next two 48p dividends in the next 4 months? Tricky one, as there's for & against.
My instinct is to take the profit. If i sell then i am no longer exposed to any market bad news, which may drag a good company like IMB lower;then i watch my paper profits 'melt away'.
But, I could take the long view & hold for the divi & still feel ok with my low average price.
It's the age old question for all of us here; when to buy & when to sell. Timing is all....
Pig
Correction....BATS board
lol
Pig
Edit: As an example there's an all out fist fight currently over on the HSBC ADVFN board on this subject......
Pig
Thanks for those answers both.
It seems no matter what board i visit for shares in my portfolio, be it here or ADVFN, as soon as the share price turns south for no obvious reason out come people blaming all those nasty short sellers.
As you say, it just isn't that simple.....
Pig
Am not a shorter myself and don't totally understand it to be fair.
But i am a little confused & am hoping someone here might enlighten me.
If shorters are said to be in control of the Cine share price through manipulation, then why would they allow it to rise 38% from 60p on 16 Sept to 82p 9 trading day's later?
No RNS or any great news from the company to have caused this.
Am just trying to understand the process better.....
Pig