RE: cine entertainment10 Nov 2022 20:56
ok. here are my thoughts.
the price was 20p about 3 months ago.
it crashed to between 2 and 4p but jumped back up on what seems on the face of it to be some good news. Before that news there was nothing. The market has pushed the stock up because more people are paying interest because something has happened and the company appears at this juncture to be very slightly better off than 2 weeks ago. As a result of this Im anticipating, that the companies access to money and rent agreements and slightly better income prospects will slowly move them forward so as a result of these factors and disregarding takeovers, dilutions, aliens landing or nuclear war, then the market is likely to gain a bit more confidence in the stock and it will gradually increase so based on this, and assuming earnings increase in the coming months then I would hope to see the share price increase. 31/12/11 - 7p price target. There you go, predictions please if you dare