Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yes may well go down with a short position of plus 8% they will continue to play. Having said that yesterday was a re rate of 12% and a few weeks back up to 27p the speed of the movements are astonishing….so if we get good news it’s game on and the buy pressure will be too much for the short positions.
If we get bad news it’s down the toilet time but I think we all know that ;)) dyor
Hi all it was great to see the lift today but remember we had a surge to I think 27p a few weeks back only to see it drop down again. With the current level of shorting they are not going to give up without a fight just saying;)
To be clear I have a good amount invested in Cine but just flagging where we might be until we get real news.
Ps I hope I am wrong and it keeps it’s upward trajectory! Dyor
I think it’s a great business but do you not think you are ramping it up a bit too much?
I think it will come good but still probably has to bounce around a little.dyo
Auson. - Yeah you could be right. I have always admired this company but thought it a tad pricey as an investor. Now looks cheap to me.
They seem to do this when the sp hits a trigger point.
It’s not true to say sales don’t matter if you are driving high growth sales and expansion then your business is clearly in high demand. The profitability can then be delivered through operations process productivity or simply reducing capex.
If you are a mature business not making a profit that’s a problem or if you are profitable with a shrinking revenue line that’s an even bigger problem. Current sp is just wider market sentiment DYOR.
Er I am not sitting on a paper loss I am about where is was at point of investment give or take a penny. Equally I make it a rule never to take advice from the chat room and this particular board is a bit like my old sixth form.
For Cine it’s the same nothing has changed so if you are a holder don’t let it get to you.
You either believe in the investment case or you don’t but I wouldn’t recommend allowing the current sp fluctuations to get you into panic mode.
Equally don’t let the non invested wind up merchants get to you.
I can’t think of a case where the lenders have pulled the plug on a business that is clearly in full steam ahead recovery mode when they have been prepared to agree the debt when things looked very dark indeed.
It’s not just this year 23 24 25 and the big movies keep on coming. Long term it’s a cash machine.
At some point when the sp is a lot healthier I think we may face a capital raise as it would make sense to address the debt.
Putting it into chapter 7 or 11 even if they wanted to would just be incredibly disruptive at best and catastrophic at worst for all.
Finally comparisons with Debenhams (A basket case) or Mccolls badly run and remember Morrisons were one of its biggest lenders who knew the supermarket business better than Mccolls did so why not crash it and get it on the cheap non of this applies to Cine. That said I think you need a good bladder to get through the next few months if like me you have a decent chunk in here ;)) Dyor
Previous years have been August or September I don’t think it’s anything sinister at all.
Just Google its all out their DYOR
Yep I am in that club - My view the numbers will be good in September so might see a rise BUT until the Cineplex issue is dealt with no real momentum.
Most of the time your probably best to avoid a business with this much debt but few with this much debt are such massive cash generators as Cine so I remain hopeful that they will pull through and if they do significant upside. Dyor
It’s easy to get lost in the noise on an active board like this but if I keep my logic head on I simply don’t see any lender in their right mind pulling the plug when it’s now starting to really motor.
They are simply owed too much to walk away. It’s the old story if you a little you have a problem if you owe massive amounts it’s someone else’s problem. If it was a failing business you might but this is a long term cash machine. Dyor
As an aside at one point I had 300k shares and sold at 58p due to lost nerve they then when we’ll north of a £1!
Ocean - In fairness you make a valid point on the risk however logically why would the current creditors give up on the business just as it’s about to hit circa 4bn in sales?
Equally why let it go bust and take it over when you have the current management team who know the movie industry inside out? I see the biggest risk will be a dilution when they want to raise more capital in the future to pay down debt but that would only happen when the sp is well north of £1 otherwise it would be far too costly.
I am currently out having had around 250k shares at one point. Dyor
Thanks your right on the advice front but just wanted a view - At one point I had 250,000 shares but have reduced significantly will always wonder if it’s the one that gets away or breath a sigh of relief;) good luck to all.
If it wasn’t for that massive fine this stock would be a no brainer as it’s clear cinema is back with a vengeance and Cineworlds future cash flows are eye watering. I actually do not think they will go bust but I wonder if the likes of Jango and a few other big shareholders could agree to sort the debt out and go in with Mooky leaving the PIs and smaller holders shafted. Anyone have any views on this? Cheers
I thought the message board was supposed to be used for sharing information and insight but in the case of THG it seems to have degenerated into a moaning forum about the current sp and how MM should have sold out at the bargain basement offer of £1.70. It’s clear that the sector is in the toilet so why Thg should be performing any better is a mystery to me.
I assume the frustrated will sell out over the next few weeks and hopefully we can then get back to more informative bb.