Member Info for forfaiter

Long term holdings can just be an excuse for lazy investing/trading.......look at RR price10 years ago...not exactly great returns for those who invested then....lol

I agree the next big support is 50p and that would end the 5 waves down if you look at the chart......but the charts do not always tell the whole story....If the ITP Sale is delayed then there is a fair chance it will hit the 50p mark......but if the ITP sale goes through then it could break out on the upside......I have taken a position at 80p and if it breaks down then I will double my holding at 50p.....one thing is for sure it will bounce either on positive ITP news or the 50p level being reached by shorters closing....all good longer term which adds some security to buying at these levels.....imo

The drop is more likely to do with a possible delay to the ITP sale not the possible strike action.......imo

The share will be controlled by the shorters and day traders until the end of september when the interim results will be released.....I dont think it is wise for the company to release positive trading statements while it is in negotiations with cineplex,,,,,could the company be looking to negotiate a deal with cineplex before the trial and the release of the interim results which have been delayed to be closer to the trial.......taking negotiations to the wire to get the best deal with cineplex ?

Its all finely balanced but if Mooky can provide a decent set of interim results and a solution to the cineplex situation then we will see a major rerating of the stock around the end of september/october.....until then just sit back and either buy at the lows or just enjoy the ride.....the risk is high but the rewards could be substantial ...imho

......22 sept 2022...according to website

RR .......SMR Could produce more waste....

https://www.express.co.uk/news/science/1623824/energy-crisis-rolls-royce-smr-flaw-radiation-leak-nuclear-power-waste

Short term in depends on the ITP Sale going through without any delays.........bad news then its down to 60p......still waiting for it to break the 91-93 level before jumping back in.....imho

Thomas cook was opening new hotels right up to the end.......dont see the covenant breach as a problem as long as they are somewhere near the 85% target on the revenues especially with the film slate showing signs of recovery.....creditors are not going to pull the plug over a slight miss of the revenue target with the revenue base recovering,..........more worrying is the cineplex debacle which I feel will keep the share price depressed until resolved.....no rush to buy while the stock is still in a downtrend......but certainly worth watching for a trend reversal.....imho

Looking at the chart the share price is at a junction point......if it breaks 91p-92p on the upside then the downtrend is broken.....if it does not break the trend then it could be a final wave down to 60p.....I have just taken a 12% profit from the recent lows.....and will wait on the sidelines for the next move.......plenty of time to jump back on if it moves up.....imho

What if Bain do not agree to an extension of 6 months and with whatever terms are put forward? ......will the Spanish government veto the agreement?...cant see why they cannot agree to put the new partner on board by the end of June.....it is not as if they have not had plenty of time to secure the deal.....

https://m.marketscreener.com/news/latest/Analyst-recommendations-Barclays-Flutter-HSBC-IAG-Rolls-Royce---40585524/

.....on 150% of normal volume.....equates to 86p....

The ************* 22 tips of the year for 2022 – No 2 is a SELL from Evil Banksta

My first tip for 2022 is to short Cineworld (CINE). At pixel the share price is 31.9p, giving a market cap of £438 million. My target price is 2p, implying a c94% fall. The core of the thesis is that Cineworld’s debts are so large that it will never be able to repay them and hence it needs a debt for equity swap to restore the balance sheet.

Https://www.*************.com/views/59839/the-*************-22-tips-of-the-year-for-2022-no-2-is-a-sell-from-evil-banksta

The stock has been depressed while shareholders waited for the court case decision.......now they have to wait to see if the appeal which could take 12 months to sort itself out......is successful.......does that mean the share will struggle to find upward movement with a billion dollar payment hanging over it ????

More restrictions ??

Yahoo

Analysts think AMC is at least three years away from posting profits on an annual basis. Those same Wall Street pros see it taking that long to get revenue back to where it was before the pandemic.

The timeline can be shaved if things improve dramatically in the coming quarters, and AMC is doing a few things right to increase its chances to gain market share. It's galvanizing its shareholders. It's milking more out of its shrinking audiences by pushing premium-priced screen rentals and boosting concession stand sales through mobile ordering.

The other side of the coin is that those same Wall Street targets can be extended, if not upended. If folks spoiled by the convenience of streaming from home show no intention of returning to theaters, movie studios will continue to work on shorter windows of theatrical exclusivity or remove them entirely. Everybody is going to follow the money.

AMC is the top dog among movie theater stocks, and the ending has yet to be written. Do I see dread people? Or is it dead presidents? The stock is out of favor now, but Shyamalan has yet to offer up a signature twist.

Yahoo

The $42.7 million in estimated domestic ticket sales this past weekend isn't just the multiplex industry's second worst performance over the past five months. This is a sobering 64% below the box office receipts collected from the same weekend in 2019. Steven Spielberg's West Side Story was a jarring dud, but we've seen too many well-reviewed flicks fall flat in their theatrical screenings.

One person in the UK has died with the Omicron variant of coronavirus, the prime minister has said.

Boris Johnson said the new variant was also resulting in hospital admissions and the "best thing" people could do was get their booster jab.

Speaking during a visit to a vaccination clinic in west London, he said people should set aside the idea Omicron was a milder version of the virus.

Well I thought a takeover was the only positive outcome for the stock....carlisle walked away probably because of the onerous lease payments on expensive branches in the city centre where the footfall has fallen due to people working from home.....Sentieo the data company has put losses over the next 2 years at over £300m before tax.....no quick recovery here I am afraid....

Mon, 1 November 2021, 11:45 am
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LEAWOOD, Kan., November 01, 2021--(BUSINESS WIRE)--AMC Entertainment Holdings, Inc. (NYSE: AMC) ("AMC" or "the Company"), the largest theatrical exhibition company in the world, announced today that it will report its results for the third quarter ended September 30, 2021, after the market closes on Monday, November 8, 2021.