Member Info for fft100

Not sure the open offer is going to be fully taken up , if at all. I picked up quite a few at high 38's, low 39's last week. Is that weakness over ? Will only need a bad day or two in the markets and high 30's will be possible again.
I am also surprised at the price. But a couple of weeks ago KAPE had a placing and it was also possible to buy them below the placing price for many days.

ok, i'll bite. What is the breach of contract for ? and what kind of remedy / damages are LBC seeking ?

From New York times
"Cineworld preparing to file for bankruptcy "

https://www.nytimes.com/2022/09/04/business/movie-theaters-closing-bankruptcy.html

https://www.screendaily.com/features/what-a-chapter-11-bankruptcy-could-mean-for-cineworld-and-regal/5174154.article

Dated last night.

Why the collapse of Cineworld shares was predictable

https://us3.campaign-archive.com/?e=cb44e60acf&u=5ab25ff51170edcd2d9cfd212&id=a8d1bacb29

Where do you see that ? In reality, CW are running at about 68% of the 2019 figures YTD.

https://www.boxofficemojo.com/year/?ref_=bo_nb_mtdl_secondarytab

PLEASE COPY AND PASTE YOUR SELECTION IN NUMERICAL ORDER PLEASE.

£3.84 Bushmanbob
£3.97 OWLS
£4.10 fft100
£4.12 Banburyboy
£4.17 Deadly4U
£4.21 Keepsteady
£4.32 peterlowen
£4.35 Beetham
£4.38 nICKEL 123
£4.46 Plebleens
£4.48 Emerald
£4.50 Bawdeepinit
£4.53 GordonAlbert
£4.55 steve17
£4.60 NSS
£4.69 Stingray77
£4.71 Sekforde
£4.75 KeepItSimple
£4.78 Not My Job
£4.84 Wellintervention
£4.90 BacchusII
£4.95 Missionimposs
£4.98 morganna1
£5.00 Dartman501
£5.07 TopCat81
£5.25 ButterscotchLad
£5.35 Tess
£5.40 LegalEagle1
£5.48 Givingthelowdown
£6.09 kign

And a resulting place back in the FTSE 100 in the Index’s upcoming September review, if the price gets to £4.85ish before Aug 31st and mcap above 4.7b

if households are looking to save money, then i dont think they are going to go to the cinema !

Swapping a 10 quid for the month package (netflix etc) which the family can enjoy 24/7 for a single user package (cinema) which only has 7-15 new offerings a month (at the most) doesnt sound like a bargain for cash strapped families.

If cine lose the appeal, I think the company would become insolvent (i.e. cannot carry on trading). To keep the company going, the bondholders would have to accept a serious haircut, put some more money in and pay cineplex. There would be a debt for equity swap and shareholders would get nothing at the end of day. Cineplex would probably agree to a haircut as well and be paid off over time.

alternatively the bondholders accept the insolvency and just Divi up the assets between them after insolvency. Cineplex would probably get nothing. Bondholders may get 30p in the pound back (just a guess). Shareholders get nothing.

These are all risky strategies. Unless cine are 100% certain of winning the appeal I would think a settlement would occur. Say $400m paid over 4-5 years. Cine can then stagger on with increasing debt and interest.

the previous post refers to the adobe cloud document with the IPO details.

It tells me that either the document doesnt exist or i am not allowed access. Is there any download available ? Thanks

What you have missed out is Mystic Investment group led by Mario. They have a large, mostly river, cruise section, but are currently building 3 ocean cruise ships.

More details (including other Mario/Pluris investments towards the end) here :
hTTps://jornaleconomico.sapo.pt/en/news/mario-ferreira-resumes-cruises-in-douro-and-prepares-for-negative-EBITDA-of-25-million-in-2020-617947