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Spot on, Fun.
Until the hard sales figs and unarguably strong box office numbers are in along with the Cineplex case getting resolved later this summer / autum, this is as healthy as we can hope for at this moment in time.
An encouraging trend and one I expect to continue for months on end.
South African Cab Sauv tonight.
Indeed, happy weekend all.
Needs the Cineplex case finalised before all the lead is fully cut loose from the balloon.
Excellent news for us.
This'll really speed up America's (already amazing) route to full recovery.
https://www.telegraph.co.uk/news/2021/04/24/us-ends-johnson-johnson-covid-vaccine-pause-shots-resume-immediately/amp/
You forgot Ice Cream, Lat.
Mooky REALLY wants people to buy the Ice Cream.
Go on any bulletin board on LSE, everyone thinks their stock is being manipulated at some point.
Sometimes it probably is.
For the most part, it's probably just the way the markets flow.
As I said last night, get the big box office numbers in, get more restrictions lifted and put the Cineplex case to bed and this will fly.
Hi Fun!
Totally agree with you.
Although I'd love to see us hold 10-20p higher, I think it's actually very reasonable to be at £1 at the moment.
Still heavily in debt.
Plex deal to be resolved.
No certainty on consumer confidence.
All the signs are that we will will recover big time.
But we (and the market) are wanting to see the proof of the pudding.
And as you say, that'll take a few months.
And when that happens, every man and his dog will be buying in.
Anyone here is sitting on a bargain bomb.
Patience, men. You've waited this long.
What's a few more weeks eh!??
Dark, on the last web call Nisan stated that they hope to have the legalities with Cineplex settled 'sometime around the end of June'.
You'd like to think that would help the share price but ultimately I think we need to see restrictions on capacity eased in the U.S (California say June 15th. Other states you'd guess won't be too far off that date as well) and strong box office figures to follow that up straight away.
Both the plex business getting settled and a strong box office will give huge confidence in this share.
Just a couple more months away to see that.
Chill time in the meantime.
Have a drink.
Maybe a biscuit as well.
There is no reason to see that demand NOT be replicated once our UK cinemas open!
This site really needs an edit function!
Hi Fun,
Not just cinema but most retail, travel, leisure and hospitality will see a huge boost as well.
I've mentioned it months back but I work in site development for a global hospitality and leisure company and we obviously have a symbiotic relationship with retail as well.
As things have ramped up of late, I've not been as active anymore here but that's a good thing really!
Because as much as the media, both broadcast and social would like you to believe that people will be hesitant and scared to go back to 'normal', our sales figures in just the last few days and those of our contemporaries paint a very different picture.
Sales have increased double digits percenatge wise even on 2019 year on year figures, there are queues of people waiting to get into all manner of different places in our city centre and mall locations.
Make no mistake, there is a very real and huge demand to get back to normal and it's happening right now.
There is no reason to see that demand be replicated once our UK cinemas open - as is already being seen in the U.S.
£1 will still look a ridiculous steal in year or two. In my opinion.
Yep.
That's what's happening Ollie.
Nobody's selling.
They're having to activate the auto triggers at lower levels.
Be interesting to see who's actually put the big order in.
Cteal nicely cherry picks the words he wanted to hear from Boris.
In the same interview, Boris states that: "Yes, infections, hospitalisations and deaths will increase as we unlock but that's something we'll just have to accept. I see no reason to deviate from the roadmap".
Sorry not sorry if that doesn't fit the narrative of whatever mask reliant share you're invested in.
But the UK & US are opening back up 100% by mid-summer, there will be no going back and no amount of deramping posts is going to change that.
Jog on, lad.
Seems to be some impatience going on for a few.
Everyone has their own targets but to expect serious movement at this moment in time is odd, I think.
Although there's plenty of good news for the long term, it's exactly that - a long term-ish hold.
The fast money was to be made in the 20p-50p range.
At the moment, we have just a handful of cinemas open and no serious revenue.
Yes, markets are forwarded thinking but for major increases in sp, i think we'll have to wait (sarcastic voice) a whopping six months for the half year results.
I think £1 for the position we're in and after the battering we've taken is amazing.
By the time October's results are out (although i expect a month's delay to accommodate Bond), capacities should be at 100%, there'll have been a solid slate of massive movies out, the Cineplex case will have been finalised and the financials should illustrate that big profits will return.
In my opinion, we'll see a gradual increase in sp as we open more sites and the box office numbers start demonstrating an obvious and sustained demand for theatrical release.
For those who've come into Cine recently, I still believe anything under £1.20 is a bargain.
Just sit tight and wait it out for six months to a year for the ISA beating percentage gains.
Chill, dudes.
Great little read, Mrstu82.
The bit about triggering stop losses with just quotes is something I didn't know.
Absolute ratbags.
“We are seeing bright light at the end of the the tunnel and on June 15, all things being equal we … will have moved beyond that blueprint and will be opening this economy and business as usual,”
See?
Easy to find news that actually affects us isn't it rather than randomly bring up something negative and pretty much unrelated to put doubts in people's minds before they go to bed?
Glad I can help our investor friends out here and keep the eyes on what's actually important.
How the fruk does a UK based clothing retailer have any bearing on a dominantly US based leisure stock?
Fun, that's the most important thing with this stock that so many gloss over.
California will be at 23 million vaccinated tomorrow.
Out of a population of 39 million.
Unbelievable progress.
CA itself saying full opening of the economy in June albeit with 'common sense' protocols like the masks.
But that too will pass.
If we can get 100% capacity in the U.S by mid summer, let alone by year end, then this really will motor.
The demand is obviously there.
Masks or no masks, people want to go to the cinema.
And On his YouTube channel, Overlord DVD states that Disney is not happy with the take up on Disney+.
Wandavision did not perform anywhere near as well as they'd hoped.
Falcon / Winter Soldier doing really bad.
Subscribers at 87 million but that is well down as many left after Mandalorian finale and includes free users not actually paying a dime.
Basically, Cinema will come roaring back.
And especially in our main market of the USA where it is much more of a cultural 'thing' over there.
Liken it to our pub / football culture.
They will flock back as soon as they are able.
Leon Trotsky?
No - not really!
But where did Moola and zstars get to?
Very active members of this board and then... nothing.
Have they cashed out?
We all have our targets but even after I hit mine, I think I'll still pop in here.
Great people. Great board.
I hope they're ok.
@LTHCine, haaaaaa!!!
I always thought your initials were a boast for LONG THICK, erm... Commitment! ;)
The other idiots can change at Baker Street Station. :)
@sammy, Cos he's talkin' shiz.
Joined just last month.
LTH, my chocolate starfish.
Anyone who is long here, is serious and has been holding since before Covid would've averaged down to at least the 80's.
Sooo many liars on these boards.
My recent favourite was on Day 1 of Deliveroo when someone said they'd traded the share three times that day to make a profit... until someone pointed out to him that private investors couldn't trade that day!
Can smell bull****e a mile off these days.
And this is another.
You know those times when the drunk beggar stumbles into the bar and starts shouting incomprehensible nonsense before shuffling out and then everyone in the bar just gets back to what they were doing having a polite laugh to themselves about what just happened?
That's the calibre of trolls we atrract here.
As you were, gentlemen.