The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Tomorrow also
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@russcleg. You're calling me... son?! Maybe sons need to teach their fathers then. Afterall if sons weren't more intelligent than their fathers. We would still be stuck in the stone age?
Im not looking at cine, im looking macro/micro factors that influence stock markets, regardless of a specific individual stock.
You would be advised to take notice of your son? I guess
Its not always about stocks. You have to ook at micro and macro challenges to formulate and understand the market.
Its probably the biggest lesson of all.
You witnessed it when investors became risk averse and pulled out of aim. Not willing to prop companies up with placings to pay their inflated salaries.
Ianharding has a sensible response to this post. Russcleg is getting tediously boring.
And someone saud don't listen to shorters. Well i dont listen to either side.
Next week is looking very strange. We are clearly seeing a return to normality, yet inflation is starting to trigger. Makes me nervous.
Next week will be pivotal for me on immediate decisions on stocks. I need to see how the market reacts. Or whether this is the start of a firm pull back which will effect the sp. Regardless of fundamentals.
Another severe pull back tomorrow will make me selll, and look for re entry
I had a poke at motley. #cine. I deleted my twitter account yet recently decided to enter again.
I think ive 1 follower. Had a few thousand before.
Got bored though.
Bored now, so backbon twitter
I saw someone earlier say they don't read much into PIs opinions on where a SP will be in the future, i totally agree with that, although i do like to have a personal bet on it and im not shy about giving a prediction. Looking at today, it looks as though i have a good chance of getting to it.
Government are now signalling the end of restrictions, which you have all seen, this will signal to me shorters to consider reducing their short positions within the next 2 weeks. The only thing they are holding onto is share dilution in the form of debt/equity swap. CINE isnt ging bankrupt, cines failure was bad timing on the aquisition trail, not because they are not making money or are delivering a bad product, far from it, CINE are actually giving customers a different experience and its one cinema lovers clearly love, thats concrete.
I said a month ago that shorters may look to increase their positions to sppok the market, they have not done that. Unless they are completely stupid, i expect them to reduce moving forward (keeping a tow in the game) - which i wouldnt blame them for.
Momentum has started.
@bonkers: the market is already beginning to react to what it expects the company to deliver on March 17th.
thats my answer.
If that court case gets settled as is, then future acquisitions in other sectors between other companies will suffer. As it basically will be the first of its kind.
It won't happen. Judge will be let off with a slap on the wrist.
@wellington
'Wipe out the current component of equity'. A 'slug' carrying the most risk? Turning into debt for equity?
Oh sorry... thats why cine should be valued at 0p then! Bloody hell?! Im so stupid! They went to buy a company pulled out. And not only have they lost that deal, they are going to go bust unless they raise money on psying for something they didn't buy!
Ive seen so many court cases that wom stuff like this before. There was... ummmm? Oh and.... ummmm... oh and....
I like your logic. Shows me what your only bargaining chip is.
This is why its good to embrace shorters. They are not enemies.
My prediction yesterday was a bkue day, a materialised briefly however clearly the markets had a red day, yet for a contentious stock, cine is holding its own.
It demonstrates momentum in a bad day. And when bad days come, stocks take a big dip. Boo as an example. Which is clearly out of favout, yet with all the negativity surrounding cine, its holding, therefore one should expect a good consistent rise when markets are blue.
Im still sticking with 46p this week.
On a side note, ive clearly not distracted you away from the bloody court case. Which i think youve produced more material than the fu$$ing lawyers have.
The debt: you bought a competitor. On a balance sheet its a debt. On the other column there's revenue. You just cant see it yet.
Its not debt because mooky had an expensive party one night.
Debt is so simple to see on a balance sheet.
Good morning.
Remind me again,
how much did cineworld pay to acquire regal? What was regals revenue pre pandemic?
What's there cinemas like compared to a cineworld experience?
How this board is consumed by a court appeal that represents approximately 10% of debt.
It reminds me of a vision of where people are in an inflatable dinghy being circled by a shark, that doesn't actually eat humans.
Meanwhile there's a hole in the dinghy yet know one is really interested in that, even though... you can't swim.
Luckily in this instance, you're not far from the shoreline, so you won't drown.
Point is... you seem to be focussed on what i think is a slight pain in the backside.
Lets have a little play. How did cine get this much in debt? What caused the main debt?
Play along and i will give you some further questions, ultimately guiding you to why im invested.
Shorters are most welcome to answer as you will indirectly be helping me help you realise that youve probably made a big mistake shorting cine.
Blue day tommorow
My post, and previous posts gave an indication of 46p this week, not the end of the month. Im assuming you mis-interpreted by post.
I expect a new base to formulate roughly on 44, and the close suggests momentum to continue.
I expect a blue day tomorrow
As per my post 2 weeks ago, i remain optimistic about 46p being achieved this week.
I am not comfortable suggesting how long the next step up to 60p will be. It could be a month, could be alot sooner.
Key thing is, the stock has momentum and the end of day sells have evaporated which is a healthy sign.
Looks good.
he shorted cine, hes not winning, he went long in boo - hes definately not winning their either.
just friday humour to a disruptive individual. he might become graceful in time, eat humble pie and all that.
i doubt he will respond to this thread though.
happy with how the sp has performed in the last 3 hours.
enjoy your weekend. next week looks interesting - as does my target of 46.
Lets see if my experience pays off here in the next 3 hours. Of course i could see another drop but my gut tells me this is close.
I think its about to come, looks primed for it now.
Push through this 40p resistance level. 5 day chart is demonstrating support for this.
Looking good.