Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
6 x more shares bought today than sold so this could fly soon
According to CNBC little mermaid has just broken all historical records this weekend
Dont you think that Mooky has been scandalous all the way through this process. I believe that this has panned out exactly as he had planned it.
I believe that he will be in the same beneficial position as he was before the lock down and new without the unsecured debt.
Reported on CNBC today on Squawk on the street.
Netflix are to make fewer moving and that there will be layoffs
so can they sell off the ROW and that will be free of debt leaving CINE still bankrupt
These are also my thoughts.
If its correct I will be buying for years hopefully
maidit.
That has been my thoughts rite through this process and the main reason im still buying.
GLA LTH
If the price of Cine shares was to grow then surely this would put the business out of the range of companies coming in for us when they take on the debt as well leaving CINE to claw its way out over the next few years.
GLA
Surely Mr Richards is just trying to say something positive in this post Covid trading era.
I believe that any company that might want to purchase parts of CINE would only do so if they could get it at a fire sale price otherwise they might be risking adding extra stress to their own positions.
Im hoping that nobody come in for us and that we can dig ourselves out.
GLA
@maidit308 my thoughts exactly except when then banks suffered the frays to big to fail did not stand up.
GLA
My Observation and issue with streaming was that Disney thought that they were going to grow their business dramatically almost overnight by growing the service. The Cinema chains share prices dropped on the anticipation of the promotion of this service. This did not work form them and unfortunately due to the week film slate caused by Covid Our own CINE shares could not bounce back at the same rate as they declined.
This was discussed at length on CNBC news but unfortunately the new heavy debt levels have been hanging around our neck like a tomb stone.
As a true believer I do think that we will come through this as wiping us out would be the worst result for our debtors.
When my bank divs come out later in the year they will hopefully be going back into CINE.
GLA
Why would Cinema Die?
If there was no Cinema's then there would be no place for the film industry to capitalise on their work.
We have already found out that streaming does not work finically .
So that only leaves the Cinema experience.
Derampers are only trying to make money out of the confusion which should start to ease soon hopefully.
GLA LTH.
Surely its just a question of waiting.
I believe that the film industry is going to recover as we now know that streaming is not a viable alternative.
It is not the Film industries fault that the world closed down because of Covid.
So given time this will come good.
Yes there is this debt issue but this was mainly caused by a once in a lifetime freak external force which effected everyone. Surely it is to everyone benefit to let them pay the debt down as the film slate improves and the industry recovers.
There is no real viable alternative to the Cinema experience.
So for all these reasons I am still buying on current lows
Could it be a Short closing?
Are these big buys because of the reports out today on CNBC that Streaming is not going to be the way forward?
On the market.com are advertising the latest Disney movie as on Cinemas release only from today.
Be careful on what you think about Amazon because they are a problem imploding themselves. The will be a target for shorters
Be careful on what you think about Amazon because they are a problem imploding themselves. The will be a target for shorters
are they shorts closing?
Its now improving so hopefully this will be a hard floor .
GLALTH