Member Info for Faulkes

Y’all thought after Boris delivered his Brexit Xmas present that Lloyds would be over 40p.

But Boris delivered socks and pants. He wanted to give you something for Xmas and the Brexit team struggled to deliver anything great - because there is nothing great on offer.

Lloyds is buggered because the UK economy is buggered.

Said it before - 45p to 50p is the new normal. You won’t see that until after April - assuming the vaccines get dished out as reported. The UK mist return to normal before this back returns to normal (45-50p).

Keep your feet on the ground or you’ll be forever disappointed.

Erm .... good luck with that. Lol

You won’t see last years divi. You’ll be given a token restart and a gradual increase.

Johnson will dish up a deal for Xmas - just like they rushed through the vaccine. They will now get a deal on the table.

Lloyds will announce first divi for Spring next year.

But - don’t forget this share has a new normal. Not the old 69-75p of last year. You’re looking at a new normal of around 45-50p. The economy is fkd.

I guess my next question would be .... why would banks make up dividends when they really don’t have to and we’ve got massive ongoing problems within the economy?

And then I read Asperger1’s post under mine!! Lol

Can someone provide a quote (because I’m totally unaware of this) where Lloyds has said they will owe us dividends?

Any views?

DYOR

The share now has my attention - interesting price - but what are the positives?

... what you can afford to lose.

The cinemas won’t be open for Christmas.

Massive debt increase over the next 12 months.

No major films are being made. It’s all made-for-TV stuff.

DYOR

Absolutely, chances are they will need money from shareholders at some point.

US and UK cinemas will be shut over Xmas.
Take that bet.

Pushed back to December.
I would bet that most cinemas will be shut again by then ...
Anyone want to take that bet?

Can someone fill me in what the share issue will be? I’m trying to value PMO.

Well done all who bought low and seeing a great profit right now.

To those who are now evens, must be a relief hey? :)

I truly hope CINE stays up and the virus stays under control, and you guys benefit from an ever increasing share price.

I don’t mind ever being wrong about a share ... ;)

@purchaseatthetop “RS2002 did an excellent review of the covenants that made me do a final purchase at 32p”

Well done. Already a great profit :)

You just have to ask ‘why would it?’

and ‘why would a share not earning, keep going up?’

From all the localised lockdowns (only the beginning and going to be a lot more frequent, ever increasingly) seen already, you have a great view of what is to come.

People won’t be wearing their masks in cinemas even though it’ll be a requirement. Will cinemas be contacted if a customer contracts the virus? Will the cinema get shut down and deep cleaned? Will all the customers who visited the cinema be contacted and forced to isolate for 14 days?

When do the cinemas actually make money rather than eating into covenants?

What is the true value of the cinema chain right now? What will it be worth in 12 months - assume a vaccine is found but the virus is still prevalent because because stop washing hands and spread the virus - therefore lockdowns still occurring.

There are sooooooooo many things to think about.

Congrats to those who have bought low and made a profit today.

Bouchos “ BIG BUYS COMING IN NOWToday 08:58
# Trades 1,473
Vol. Sold 1,917,994
Sold Value £633.51k
Vol. Bought 1,843,171
Bought Value £608.80k”

Rounding off, that’s an average of £2500 per trade ....

What big buys?!

Only one thing will save the economy short term (12 months) and this bank ...

People doing the right thing:

Not jetting off on holiday like their lives depend on it, and bringing back the virus. Not crowding beer gardens and indoors, dying for a pint. Social distancing. Wearing face masks. Washing hands after touching everything that others might have.

See those people rebelling against the simple set of rules?

That’s gonna cost you your investment here. Shame on them.

Until a vaccine is released.