Differences in business models and sector gripe26 Apr 2025 16:02
Long term holder here who has averaged down to the expected upper limit of what's forecasted in the 12 month target price - I'll be divest risk at that price.
However, it seems that on every quarter cycle, we have comments about how this compares or contrasts to a certain John Wood Group and now we're having comparisons by some contributors to Cineworld.
Surely this isn't helpful as this is comparing apples and oranges. It may be more beneficial to look at others in the sector or any companies which may actually be very similar, but for reasons which will obviously need to be justified.
It's not a great result and admittedly, some panic has set in: They've issued a profit warning, anticipating annual operating profits around £185 million, nearly 10% below expectations - this doesn't strike me as the end of the world.
As someone helpfully suggested, the German contract won't last forever - with £408 million in cash coming in to help with debts and cash flow, this doesn't sound terrible.
So definitely not Cineworld, right?