Mooky and RNS's This Week24 Mar 2021 18:43
Think most of us are agreed on and think Mooky is a very shrewd capable businessman, right!?
So, that gets me to thinking on this week.
We have had two RNS released, first one wouldn't expect any real SP effect.
Second one, released yesterday giving a solid WB multi year deal and reopening details.
Think we would expect a rise off that (I think we did, only it was lost in a wider downtrend as larger falls witnessed with AMC).
Now playing scenarios:
If results (which he knows) and forward statement are at or worse than market expectations do we think the smart businessman he is would maybe not have released yesterday's RNS and left it either to tomorrow with results or in following days?
Personally, I think he would have and therefore feel a reasonable chance/expectation that tomorrow's results will be better than expected and/or he has other very positive news to release.
That might simply be more details on the WB multi year deal struck, similar deals with other studios, stronger than hoped cashflow position, strong forward statement!?
Who knows!?