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.......Should be H2 2022 AND H1 2023
Once the backlog of films built up by the pandemic are finally shown?.........whats in the pipe line for H2 2002 and HI 2003.....
My guess is that they use the 90 days to refinance rather than obtain a waiver which shouldnt be a problem with a recovering and strong box office......
To much jam tomorrow with high capital expenditure eating into profits over the next 10 years of technology development.....combine that with high debt levels and a faltering ITP sale.....strikes and airline cancellations,,,,,puts the share price under pressure in the short.....medium and long term.......60p target should easily be met,,,,if they do not reduce the debt and increase the revenue then the thirties could be a longer term target......its another Lloyds imo.....destined to be a penny share.....for a good while yet....
"Engineering firm Rolls-Royce has shortlisted six sites for a major new factory building nuclear reactors.
The government wants to build 16 Small Modular Reactors (SMRs) in the next 25 years to secure the UK's energy supply and hit its net-zero target by 2050."
25 years.......more jam tomorrow no wonder the market has not reacted.....
Again it failed to break out on the upside.......more downside risk than upside with no concrete news concerning the ITP sale......will buy back in when it breaks the downtrend on good volume......or goes to 50-60p....great trading share.....
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 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
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.....