Member Info for Crossthetea

I haven't been following ICON for long to be honest, though long enough to see that the BoD were totally unsuited to a business leadership role. From my research it seems likely that they dabbled in a little too much micromanagement, rather than observing and directing from the big picture.

In my opinion, the BoD were not leaders. This company needs a proper inspirational MD who does not run from a challenge and if one can be found then the future will be bright. The directors left behind a bunch of talent who now have freedom to prove themselves and grow, alongside the company, they just need... company direction.

I bought in today to show support to the staff who were left high and dry by idiots (good riddance to them). A few years to clean the mess but on the upside the dead wood cleared itself today.

Anyone heard any information on the rights issue details? I cannot find anything so I assume they are yet to be announced?

I enjoy NOFEAR's posts, they are often very insightful. Nevertheless, the patterns today suggest a reduction in the short for this share (we'll find out in a few days) and I wonder how this will change the predictions.

It's pretty much impossible to model this share without major assumptions, though best case I see is mid-200 no dividend within 3 years.

Not bad for a £1k fire and forget though.

Automatic in this case, no need to do anything. Your new holding should be available to trade on 23rd Dec.

According to the EGM, there is also a Rights Issue on the way where you will need to instruct your broker (buy in if bullish, tail swallow if conservative, do nothing if daft). No date set yet for this that I've heard yet though

I bought in at 0.4 as a speculative punt. To be honest, there has been so much good news affecting this sector over the last few weeks I'm staying in.

I have been a cine invester for years going through rights issues, big expansion etc. But streaming for all of 2021? Now I'm starting to thing mooney is too aggressive and drew too much debt for times like this, if covid was a blip no worries but its impact just goes on and on.

I would have thought that ops wise AA should cope quite well in a recession due to the nature of its business?

Cinema reopening planned for late-May
https://www.screendaily.com/news/germany-could-see-first-cinemas-reopen-in-north-rhine-westphalia-in-late-may/5149688.article

I noticed that as well, very strange and may be worth digging at the AGM.

AA should be trading at least 10% higher than it is at the moment also. If there is no correction over the next few days I may start to wonder...

I'm still a buy on this one. Great results, strong outlook and quite a negative gap at the moment being filled quickly with big buys coming in around 1630. Buy cheap while you can.

Be greedy when others are fearful. Another opportunity to buy.

Looking at momentum of the sp, steady growth without the sinusoidal swings so common elsewhere at this time and the majority of brokers targetting 100p+ gives me confidence that this is a grower at the moment.

Meanwhile Peel Hunt posts a target of 100p. :p

Any thoughts?
https://www.thisismoney.co.uk/money/markets/article-8303833/Could-Amazon-local-cinema.html

Good point. I myself was quite enthusiastic about Carclo a few weeks ago but now with the slow predicted rally of aerospace and dropping income from LED, I wonder if medical can make up the shortfall. All of those other swinging shares look very attractive as an alternative right now.

Great recovery today, despite the doom and gloom in the media on when social gatherings will be allowed again. I'm watching the Director's behaviour very closely and only see confidence. Sure we may see a dip into the 30s soon enough,
which should shed a few corona opportunists who cause plenty of volatility and closures can be an opportunity to cut dead wood and minimise losses long term.

It is probably wise not to consider Carclo as a covid bounce-back case, rather a long term investment with maybe a few short term spikes along the way. The company was once in a very good position but with poor management choices, unfortunate market conditions and a pensions millstone this has been eroded to where we are now. You have to do your homework decide if you have confidence in the current management and market. Carclo still have a lot of problems and there is still a ways to go to win back the confidence of major investors. I would advise them to invest in materials R&D for a 20 year payback come the decarbonisation of the economy, though this game may be a little long for some.

As yourself what kind of PI are you, long-game, day-day, short-tails etc. I would say that the latter would be disappointed though long-game might have some interest in sticking around.

I can see the lawsuits being arranged now, alongside tv talk show topics 'The movies gave me coronavirus, now I watch Netflix instead' broadcast to the masses. I'm generally an optimist but i can sense a backfire coming on this one, it's too early and far too politically charged.

I am actually quite worried by this. If I were to happen to sit anywhere near sputum distance of a coughing movie going patron I would be the first to leave and to criticise the theatre for putting me and my family in avoidable danger. Public places will only be absolutely safe when there is a vaccine, and only 'safe enough' when infection rates are under control (the US is not in control at the moment). I would rather not have a govenor fearing his poll ratings ruin my long term investments thank you very much.