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Some scare mongers and some real concerns by holders of cine.. But this is not to worry about.. Cone is most resistant @ these price levels.. any correction is inline with the sentiment of the whole market.
And cine is actually performing better on days like today in comparison to likes of sdry, ezj and Mars who also relies on COVID to start subsiding. Cine has strong resistance at these levels and bounces back quickly.
Hold strong..
So conclusion is purely based on sentiment, which would change to positive for short term while we go through vaccine approval/Christmas rally/brexit deal etc. So the conclusion was purely a speculative one. Yes the real pump would be when the doors open for cine and it may well be short lived if vaccine is not given to all.
If 60s new floor for cine as was 25 - 30 few weeks ago, then this is sign of good things to come in few weeks ahead...
Agreed it becomes more volatile over £1 but it will get there for sure.
That in itself presents opportunity to de risk and get back in at a lower range.
Current SP gives me a real good feeling about the potential gains to come. It just feel as though its been held back artificially (Though there is a genuine concern re future cash flows/bums on seat) in my view its slightly overdone. It has held very strongly just above 60p which I believe is a new floor.
Cast your mind 2-3 weeks back and 40 cent was the floor (exact same mimic of what's happening on cine's chart right now but at a lower price point). Then we jumped to 73 high..
Now to the real point, if 60 is the new floor, do you not think next leg up would put us past that psychological £1. I think so.................... Would be real good if this happened before the year is out and there is absolutely real chance that we may see that.... Rest is up to MMs ..
MMs = Market Manipulators NOT Market Makers..
Does the flatline means more pain to come in the days ahead??
School run starts at 8.30. Market open at 8.
Topped up at .6012..
Awesome, although I shook tad bit at first when I saw the drop this morning. Let’s hope it’s a right call in a week or so
This is a bull trap right now. Think about this, it drops massive in 2 days and then only manage to push up to 6% and we start to get excited.
This in my view has one or two more drops before starting the upside again. Although I don’t think it would drop too low below £2 as Kamanis have splashed their own money to snap Ton of shares at near that level.
Don’t worry Ftse is tracking flat today. Yes the results r real good but there isn’t much movement in the market right now.. it would come good but you can’t complain of a slight pull back after such rally from end of last week. Am guessing the results were already priced in through last spike..
Hold your horses
Todays’s report is cause of concern.. FCF is sinking fastttttttttttt..
This is not a good reading.. Bail while you can..
It was a no brainier that this share was oversold during the recent bad news re supply chain. Today just shows resilience of the business.. This may be a second trajectory to take the sp to next level above and beyond previous all time high..
Anyways well done to those who bought in the dip and held on with balls of steel..
I think Boohoo will have bigger Mcap than Asc. Purely from their clothing demand and popularity perspective.
So the price is likely to rocket past £6. Only catalyst that could hold boo back is disruption caused by supplier changes etc. Same difficulty that Asc faced couple of years back and look @ it now..Flown past the clouds..
With the right demand rising at super fast rate and no real impact to profits, what are the odds that we see this rising to £5.5 - £6 by November?
Don’t forget they would also have sales coming on for the Acquisitions that did in April/may for a couple of brands..
Nop, certainly haven’t..
Plus, I think the leak of price would be an inside job? As this would give AA better leverage to negotiate higher price per sp?
But if the bid is for £3bn and debt outstanding is £2.65bn then that leaves a valuation of approx 340ml.
Does that not give it a offer of 0.54-0.55 Pence per share?
Cool Thanks.
One good thing is there are 4 interested parties so likelihood of solid offer is realllll..
Is there a specific timeline by which AA needs to accept or decline the offer as per M&A rules?