RE: The Tide Is Slowly Turning13 Apr 2021 12:04
Regards what the share price "should" be.
It has been anything from 88.24 - 124.85p all in the most recent 15 trading days!
Nothing absolutely nothing of a strongly negative nature has come to light in that time.
The positive news has been continuing generally on track or maybe even ahead.
Re-openings confirmed and initial small number done so.
Box office so far (for the whole industry as don't have Cine specific) is probably ahead of target (Kong v Godzilla outperforming expectations).
Vaccine rollout on pace in UK and deaths per day now at what I think is around "acceptable" levels.
USA vaccine rollout just seems to gather momentum on a weekly basis and storming through them (was needed as infections and deaths been high there).
Cineworld liquidity confirmed as having a years worth for fully closed business.
On their plans/expectations opening to curreent schedule they expect this to be more than sufficient and also expect to stop making losses and move into profit from second half this year.
Jangho our biggest "outside" shareholder have been happy to keep their holdings at high levels and now highest they have ever been I believe.
GS and MS have either been sacked by Jangho gathering stock for them (replaced by BoA), or they don't fancy day trading it anymore (whichever they were upto).
Studios have overwhelmingly stuck with the cinematic release (be that tailored to current circumstances and going forward possibly slightly different to what was before). Shorter exclusivity windows (makes sense for all I think as after c. a month the real big bang for buck drops off). Shorter window quicker turnaround for new product off which there is no shortage of supply.
Tomorrow, next week, next month, next year we can't say for sure.
Share price IS GOING UP (significantly).
All IMHO