Any of the others making a home test?????
Its quite simple FB, if these new guys came in and took over the company investing their own money into the company...... why are Ross Warner and Graham Smith still on the BOD?
RW & GS are always on the BOD and just get in others in to rinse and repeat. History keeps repeating itself, now they are talking of projects way to big for the company and its resources as all the other directors have done, its the carrot to the donkey investors.
Same old same old with the same 2 at the helm, Dave W, Simon etc were just the fall guys. Rinse and repeat.
Its a complete different test
Hmm where have I seen this sort of thing before???
All good FB, the worry here is yet again the company have brang in a consultancy company, same old same old, why are they paying someone to do the work they should be? answer - filter off funds.
How long have you been in the markets????
The reason you can and can not sell or buy is due to the advertised bid and size against the real live bid and size, its just simply the way the market works to fill orders
This is from 8th April
So the share-price is overblown for nothing yet you think it will settle 10% lower??? interesting.
FB, you know whats coming here, they need funds for "projects", how long until mass consolidation and major discounted placing.... its business
34p to sell £20k
Could sell £20k at 33p on the bell
The problem Is their cash position, as of December 130mill, debt is approx 50mill per month, they are in trouble, no deferment on rents, and when/if they come back will need to pay everyones wages with little income, who's rushing back to the overpriced cinema?? How does social distancing work, even if "full" would be 50% capacity. Which families are going to want to take children and have a seat between them?? big trouble here imo
Think may have been the last of the seller bud
He gave shares to charity, its on the TR1
Have a look in their account at Net finance cost - 541 million
Either way you look at it todays SP is too high, I really see this in single figures for a fair while, again just my opinion
Im unsure, people may want to see films in cinema but not in the numbers previously especially families, with no income, massive debt and also having to refund those with memberships for this period they will run out of money and default on debts, only way to survive is mass dilution or adding more debt, adding more debt will add to debt payments whilst also income being down,
25% of their revenue os from food and drink, imo there will be a major shift from cinemas to home, releasing films straight to Netflix, sky etc and charging £20 etc. look at what Disney have released, The price of going to a cinema for a family is what £60-£70 all in?? I think there will be a massive shift away after this, the debt for Cine is just too big on zero income.
But with such levels of debt and no sign of deferment its not looking good, plus how long after lockdown before cinemas are full, its expensive and the social distance element until a vaccine is not good for them, look at Italy, looking to not open cinema and restaurants until a vaccine. just dont see any positives here but my opinion