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So what happens to cine will they be delisted and new cine listed as a new share index ? Ot do we stay same as low price to recover over time ?
Is this legal to wipe out all and what happens to krooky and co 20%is he safe or in same boat surely he must be the same as us otherwise illegal surely
Any thoughts all
Plse don’t reply with told you so smug now alls
Cheers
morning all,
hope we are all well, Great to have this debate between us Genuine Holders & not the Back stabbing sharks who only down our hopes. one thing is for sure we are Bloody Patient,
I'm currently sitting at a 6 hoping for a better chance, but with losses of 95% managed to average down to 39pence, no point is selling for a few grand only to watch it could have been. seems easier to stomach.
I would e happy for 50% back on my investment error. but also happy for Cine to dilute if the chance of Recovery before i retire in 7 years, happy to sit on this until then. as long as its not a complete wipe out.
good luck all & stay Hopeful.
Hi Mountainous,
Great to hear from you,
yes its such a disapointing situation to be in having been here for years, its a massive loss but in a situation where salvage 5% now or try to get back more seems logical, lets hope its not as bad as we fear but think it now may be, all the best to you & all the LTH,..
I mean don’t share holders own the company including it’s assets so what are we buying a share of ?
Don’t share holders own the assets Being part of a share of the company as a whole ?
found this one the web, seems true.
https://www.investec.com/en_int/welcome-to-investec/press/investec-advises-cineworld-on-takeover-of-regal-entertainment.html#:~:text=Investec%20advises%20Cineworld%20on%20%C2%A32.5bn%20takeover%20of%20Regal,in%20a%20deal%20that%20valued%20Regal%20at%20%C2%A32.5bn.
Hey mountainous
Good to hear from you ,
yes a year of many downs flies by. We haven’t lost yet we have hope it’s got to come good. One things for sure there are lots of us in the huge boat waiting to reach the other side winning,
All the best LTH
Surely to sell a company they need share holder agreement ie us to agree to accept a price for our shares
I’m still here with fingers crossed
good luck to all LTH
Surely this scenario would be illegal how can this be right he would not have any right to say this surely Not.
surely the whole company would need to go to zero and rise under a different share name
Any thought LTH ers
i think a few reasons here,
1, legal costs adding to the debt pile,
2, if a poor outcome, more devastation could it lose more major holders. better to wait till they are in a better position of strength to tackle it may be out of C11,
3, if a win then the share price rises & maybe forced dilution occurs quicker than they want it to, maybe there trying to avoid dilution altogether as they have more to lose than us all, hence the reason why they have devasted the price to avoid this happening by leaking bad info.
just a thought .
says something along those lines here.
https://uk.sports.yahoo.com/news/brief-jangho-groups-unit-sell-092741087.html
JUST TRIED TO BOOK 2 TICKETS FOR MY LOCAL CINE & ITS FULL. WHAT A GREAT REVENUE STREAM £16 QUID EACH AS WELL,
Morning chaps Hope the day goes well & we gleam lots of useful info,
One question from me,
What percentage of our estate has been refurbished/refitted out, my local cine was refitted during lockdown & it looks Fab. a Great use of the funds we now have as our debts if lots has been invested into the cinemas refurbishments a great use of funds. Shame they don't advertise this fact the investment they have made.
cheers for taking the trouble to go & attend.
Such a sad moment on hearing this news this morning.
My thoughts are with the Ukrainian people I expect the world will have to assist more , Possibly the start to W/W
We can’t allow a bully like this to Continue surely We can’t
He is bullying the whole world knowing we’re too scared to do anything to him.
Very funny Shazabo
Some great quotes contained in that report you would make a cracking journalist cheers for the laugh
Well said bonkers
You hit the nail on the head completely agree with you
Cheers for the comedy Russ made me laugh with the squid gate banter
cheers Ant,
We can only Hang on in there. otherwise the losses are massive, like folks say its only on paper.
Id Rather live with the wait to return to Profit with normal life returning Than Jump ship with half My shopping ;-) as other have done & feel bitter / what iff's.
its not the fact you want to Get you hands on the cash its just Knowing that its in a Great Place ready for the future, & not going to Evaporate to Zero.
Cant deny the Drops have caused some worry for us all, the Doom mongers stating cine is dead don't help anyone except them. Cine is not dead its very alive & enjoyable experience. was there last weekend & it was packed. 4 x queues all waiting for the sweet treats n drinks, Staff seem happy as well so Mooky is looking after his work force.
take care all.
Woop Woop ant,
Wish I was up that much, I'm currently 59% down (38k) ouch, been a depressing time, feels like an age we have sat on losses.
I Hope this Rise lasts & some good news comes soon.
Fingers crossed March results are Fantastic to Propel us along further.
all the best to us LTH.