Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Hi Longshot,
The reasoning is because CINE (being a UK registered FTSE company) reacts better (and worse) to UK news.
The UK Government has nailed its colours well and truly behind Oxford/Astra and pre-ordered 100 million doses.
The Oxford/Astrazeneca product is also much, much easier to storage as only requires a standard fridge.
Now, don't get the idea we will see anything like the rocket that the Pfizer results gave us. That was the first one. That was Hope. That was the market (over) reacting after realizing the future was going to be OK. If you look the Moderna vaccine only really gave us a 20% boost max, as the MM's had dragged us down so far down last week following the Pfizer results.
Realistically Think a 20-30% boost for the Oxford/Astra Results. It's positive waiver news that this share will fly on.
Good luck
It's been nice to see the SP show some stability since 10am on Monday, fluctuating between around 48/49p.
We knew there was not going to be any positive news until the Oxford/Astrazeneca results and the Debt Waiver news, so stability around 48p is a real plus for me, as a Long term holder, especially after watching the MM's drag this down to 42p last week, after the big rises, for no reason other than they could
They like us know that the Oxford/AstraZeneca results are imminent (next week or the week after IMO), and then the Waiver news (early Dec IMO). It's too late this week, as AstraZeneca will want a whole week to bask in, IMO, the glory of the results, and what they mean to Great Britain in particular.
Really exciting times for CINE. Good luck all
Excellent post @DoofusWinchmore, concise and informative.
I'm a recent investor, holding long term until the world gets back to normal.
My mum and all her retired friends love and trust Saga. They get the magazine every year/season, and wouldn't seemingly travel with anyone else.
The VIP travel service for a little extra is a deal breaker for many of them. I know that's an uber/taxi for younger people, but when you get a bit older, i understand that that kind of service gives you security and confidence.
Anyway the points that you raised in your post, are many of those that encouraged me to invest in what i consider a great British Company. I even like what i read of the owner, Sir Roger De Haan.
Very interesting to see you are on the Oxford/Astrazeneca trial, and to read your comments regarding the same. Best of luck there. To say you're doing a service for the Country would be an understatement. Well done Sir.
CINE (far and away my largest position and holding at 48p until she hits 120p, will then diversify)
IAG (holding on for next summer)
SAGA (holding for 2022 long term)
NEX (holding for 2022 long term)
GOG (holding for 2022 long term)
CAP (my guilty secret just holding to double my 35p investment)
Kicking myself for not buying Aston Martin on Friday when i had the chance.....up 27% in the last two trading day.....so far. Well done Aston. and AML holders, Great Brand, Great team, great products:)
Great post @Funinvestor.
We know what a shrewd businessman Mooky is - witness the early temp closure while other chains stayed open to show old movies or very b list new movies.
I could definitely see him and the board holding out later than the the end of this month (which many of us expected for the Waiver news).
We’re in a very fluid moving time at present - Covid, vaccine news - Oxford/AstraZeneca, US Presidential transition, US Lockdowns, US Stimulus package, Brexit, Studios movie release dates. All can have an effect on the waiver negotiations.
As you rightly say, 3/4 weeks from now, we’ll have an even better picture of how things are going to pan out after Christmas.
Interesting times for Cine
Hi Steve,
I can't see what IDW or Shorterboy, or quite a few of the other Un usual suspects say.
I know some of you guys find them amusing, but i really don't.
Intelligent, measured, factual conversation regarding shares is great, but if i want to hear total gobbledygook, i can just go and see my infant God daughter. At least she's cute!
They are going to be interesting times indeed for CINE @Funinvestor.
You're right about the vaccine.
We've got our colours well and truly nailed to the Oxford/Astrazeneca vaccine. 100 million advance orders for this, versus 40 million orders for Pfizer product, and 5 million of the Moderna.
Spot on about the storage of the vaccines;. The Pfizer product is frankly ridiculous (having to be stored at -70c). The Moderna product is better being able to be stored in a domestic freezer, and the Oxford/Astra product, which is can be stored in a bog standard normal fridge.
You could toss a coin to see which will come first, Waiver news or Oxford/Astrazeneca's Phase 3 Results.
All i know is, i hope both are excellent!
Good luck
All this talk of bankruptcy, and the company going bust.
Ok, without Google, exactly how many FTSE 350 companies do you think have gone bust in 2020?
If i could have gone down 100 lines for suspense, i would have.
The answer - None.
A big fat Zero.
The last thing lenders of multi billion pound companies, who have billions of pounds outstanding in loans, want to do is to allow their (future viable business) to go bust, thereby losing everything, as opposed to waiting 6-9 months when the revenue will start rolling in again nicely.
Now some non FTSE Companies have sadly gone bankrupt this year, some you may well have heard of; Bensons for Beds and Harveys Furniture (part of the Steinhoff group). However with the group's very 'creative' accounting aside, these companies were operating in markets decimated by the online world, and very importantly even with their 'creative' accounting, they only had revenues of £500m in 2019. To put this into perspective that's about 12.5% of the annual revenue of Cineworld in the same year - this being $4.36 billion (with no creative accounting!)
Do your own research, but in a world that is only going to be getting more and more normal as the weeks and months go by, i fully believe that any lender looking at CINE would be much more inclined to bet on it recovering in 2021, rather than it and indeed Cinema failing - which just isn't going to happen.
Good luck all long term CINE holders
Hi Mark,
Here's the link to a BBC Interview of 27th October 2020, including a section with Mooky.
It's worth listening to again. The program last 17 mins, but if you're pressed for time fast forward to 1 min 50 secs and you'll listen to the interviewer question Mooky for about 5 mins. You make the call on what you think. I'm a believer.
5 mins 15 second in
BBC Interviewer - 'Are you running out of money, in the media, they are suggesting you only have weeks left?'
Mooky 'No, we are not going to run out of money, it's not a good situation, but Cineworld is standing on solid ground'
https://www.bbc.co.uk/sounds/play/w3csz8b6
Good Morning @Crumpets,
Spot on post there.
Some of the derampers/naysayers on here don't seem to get the fact that the lenders will do whatever it takes (short term ie 1 year) to alleviate CINE's, (and other BIllion Pound Companies) financial woes. If that mean waiving the Debt Covenants for 9-12 months, so be it.
They seem to think that this means CINE is asking to completely write off the $4.2 billion total debts CINE it has, which is not what is actually happening . The $700m revolving credit facility and extension Covenant (which gets tested in June and December) is being requested to be pushed forward, so it is tested in June/December 2021. The lenders won't like doing it, but they will do it IMO.
To use the last line off your post, which is apt;
As a wise man once said:
“If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.”
Yes @Hosai.
I read that Guardian article posted this evening.
If you read further into the article after the Source at the Health Department ‘imminent’ quote, there’s a chart with all the vaccines and the stages we’re at and under AstraZeneca it states we’re weeks away from results erring towards December which it what all other reports have said.
They had big delays in testing due to some test patients getting sick unrelated to the vaccine test.
Thanks
Thanks for the additions @RS2002, and @Newbie2020.
One interesting point for the naysayers. Do you know exactly how many FTSE 100 and FTSE 250 companies have gone bankrupt/into administration/bust this year?
None. Yes. None.
Smaller companies, yes sadly, but none with Billion pound market caps.
It’s not rocket science; lenders don’t want to kill a lucrative billion pound business/cash cow, if they see it has a decent future just 4 months or so into the future.
The future will be bright for CINE long term shareholders. Good luck
Checklist;
1. Vaccines - Great results - to be released year end 2020, & mass population start of 2021
2. Movie line up - Massive, Blockbuster congestion
3. Cash burn - Light, as Cinema's are shuttered
4. Customer Base - Huge. Massive appetite to return to Cinemas in March/April 2021
5. Chances of Failure in 2021 - Nil.
CINE DEBT WAIVERS - APPROVED!
Blimey @Saihaj, Do i see Motley Crew giving it a strong buy there. Wonders never cease.
I know he changes his mind more times than supermodel changes outfits, but this time, i do believe, he has got it right.
Well done Motley:)
Remember guys the market knew the Moderna news was coming today or tomorrow.
We've gone up from 43.84 to 51.28 (a 17% rise in a day).
It hasn't looked so good because the MM's dragged us down to 40p last week from the highs of Mon/Tues.
Full disclosure, i love CINE, i'm a long term holder with a six figure position, but she is a cruel, cruel mistress, and the MM's will definitely get us down into the low 40's again this week. That is a guarantee.
Not an issue for long termers, but i can understand annoying for day traders, who miss out on the peaks and dips.
The only time we are going to see a massive boost in the SP is, IMO, when the (positive) waiver news comes through. After this the PI's and larger Institutional investors who have been on the side lines will pile into the CINE and the shorters will really get squeezed.
Until then we're just in the hands of the MM's, who can make 20% profit in a 48 hour period easily on CINE.
Day traders dream today!!!
43p open to 55p after excellent Moderna vaccine news, now down to 50p, wait for the boost to 55p again.
Crazy stuff!
Good evening @Podcast, yes, we’re definitely on the same page.
Whatever way you look at it our current SP is 24% of the 180p that it was at the beginning of Feb 20.
We’ve got a long, long way to go up, which is only a good thing for us long termers.
Incredible to think you could jump on this today and IMO quadruple your return in 12
Month. Find me another FTSE listed share that will happen with....
Good luck all Cine long term holders
Sometimes i feel like an @Ianharding fan boy, because i agree with so much of what you/he say(s), but again this is spot on analysis as far as the next week or two's predictions go.
As Ian has said, we'll hover around around the mid 40's, until the Moderna results are released - probably Tuesday or Wednesday - a few hours of a spike (not quite as high as the Pfizer results took us, as the first one is always special), then it will settle down again to into the 50's (and then get played with my the MM's) until the next good news, IMO, the positive Waiver news, upon which this SP will rocket up like a Tomahawk Cruise Missile!
That won't be all though, after this the AstraZeneca results will get released and we'll get another boost.
A truly exciting times few weeks to be a CINE shareholder.
Good luck all Long term Cine holders.
Spot on @RS2002.
Let's not forget also that as of close of business yesterday, we were trading at 43.8p, that's around 24% of our pre Covid price of 180p (on 11th Feb 20) when the western world was, for all intent and purposes, completely normal. This wasn't even our highest price in 2020, but i'll use it for this illustration.
To put into perspective what a bargain this share is at 43p. There are scarce other FTSE listed companies with a decent future that are trading at this low level. I've got positions in NEX, and IAG and these are now at 50% of their pre Covid SP prices of the same date in Feb 20. I've got a small position in AML and even Aston Martin is trading at 44% of its pre Covid price of 150p, with all its troubles and woes.
Yes, Cine's still somewhat of a gamble, but the fundamentals work, the future content is available, the future client's will be raring to get back to the big screen in March/April, and the vaccine news is absolutely massive. IMO, the upside is a fantastic reward for long term holders.
Like i say, find me another FTSE company with our future prospects that is trading at less than 25% of its pre Covid SP price:, and i'll invest in that too:)
Good luck all Long term CINE holders
Brilliant @Crumpets.
You hit the nail on the head, and summed up the future for Cine excellently here.......this isn't ramping, it's being realistic. Disclaimer DYOR, and buy on good fundamentals.
Other vaccines announced - sp rise.
Waivers granted - sp rise.
Cine starts to reopen - sp rise.
Blockbusters start rolling out in summer - sp rise.
Court case finalised - sp rise.
2022 Financial results show rapid rise to recovery - sp rise.
This train is leaving the station in the next 4-6 weeks.
The only question for investors is where and when do you get off.
I am absolutely sure that 2021 will see us return to some form of normalcy, ie going out to restaurants, cinemas, meeting up for a drink, and going on holiday. Anything that brings that normal life closer is great for everyone.
Good luck all Cine long termers.