Member Info for FunInvestor

Yes agree.

I see Donny Trumpington has refused to sign off on the stimulus package so more stalling the inevitable there.

Tondy regards your thoughts on age Demographic of cinema attendees.
https://www.statista.com/statistics/239169/age-distribution-of-cinema-goers-in-the-uk/
As most here already know it is vastly skewed towards younger age groups.
This is not only good in relation to current covid problems, but also great to see that it is NOT a dying industry as it is exactly those younger age groups that watch streaming and keep being born ;-)

You have made your decision, be happy with it couchman.
Much depends on each individuals trading style/view to risk/view on news over coming weeks months/years.
In my view there are as many or more possibilities for positive news in coming days weeks/months as there is bad so I will either stay fully invested or try to be "smart" and trade a section of my holdings to reduce average.
Either way I don't want to reduce my holdings short medium or probably even long term.

*Tondy* not tiny

Tiny without doubt from business point of view it's nearly all about the USA and opening nationwide.

Lockdown didn't spook the stock in my opinion.
It was an opportunity for the big players to play the whole market (weak shares always suffer worse) based on "the new strain uncertainty"
Basically nonsense largely and fool me once shame on you, fool me twice shame on me.
The public and investing community now (if they didn't already) know that mutations are what viruses do and it is the creation of the initial vaccine (s) that is the difficult part. These vaccines can still treat alterations to the virus and when in future there is a strain they can't it will almost certainly only require weeks rather than months/years to alter the vaccine (s) to be able to treat latest version of the virus.
As is the case with the flu jags for example.
There is no date set by Cineworld, they have a base case and no doubt a number of other cases modelled.
They have a hope of quarter 1 openings based on a hoped for well run out vaccine program here and USA.
Mutations of the virus or lockdowns between times are not that relevant to their plans or should it be to the share price.
Oh and as a UK based share we get disproportionate movements sometimes which are then often corrected quickly.

Port jammed with lorries also effected whole UK shares market.

Sat here looking at share price as high as it has been for any length of time with exception of one day in 70's this month. :-)
Merry Christmas one and all.
For some top slicing their holding may be a good idea for them if adverse to elements of risk/price volatility.

Obviously hiring the most densely populated areas of country early with mega vaccine stations is smart thing to do.
Virus spreads with human interaction.
Far less of that in say the Scottish Highlands than Manchester, Edinburgh, London etc.

It's largely a logistical exercise now (some convincing of sections of society to get vaccine and continued research into current vaccines and development of new ones).
There is no good reason why this can not now (I mean soon in coming weeks/month say) be rolled out at millions per week rather than couple hundred thousand.
Obviously the Oxford vaccine is a key part of this due to ease of transporting and storage.
Thankfully that's vaccine UK has most ordered.

USA for all faults many may through at them I do believe they can handle massive logistical exercise.

Cheers for the chuckle Drifty69.

Aye sure it's pride of place ;-)

Zstarz yes that is the one (hopefully) positive thing military involvement.

Worth keeping in mind just because a share price shows at a certain level and you want to buy at that level doesn't mean you will be able to.
By that I mean Jangho may well want to buy at those low 50p levels, but if the number of free shares are not there then they no more than anyone else can buy what isn't there.

Well being from and living in Scotland you may have a fair idea on my opinion of BoJo competence levels.

Roll on 2021 :-)

Drifty69 you best write a new letter to Santa.
There simply were not enough shares traded yesterday to see Jangho or anyone accumulate over 2% of total shares.
So no RNS pre Christmas on that front.

Brexit seems to still be anyone's guess, but let's face it there are less and less days now.
Not months or weeks but days.

I will be more than happy with a massive speedy and effective vaccine rollout too.
Normal would be awesome from say April - June next year.
Happy Tuesday all :-)

"Cinema is not really a growth industry"
IDW You have stated this a number of times, can we deal with it for the last ever time.

1. Not all companies in a sector do equally well or bad, growth sector or non growth sector is no guarantee to companies success nor its share price.
2. Cineworld current revenue levels is Zero
3. Is it POSSIBLE Cineworld will be able to reach similar revenue levels it achieved in the last two financial years prior to worldwide pandemic? These were both $4bn+
4. Current share price is 61p (approx).
5. The LOWEST share price upto the year end 2019 as the group Cineworld (Regal Cinemas) was £2+
6. Is it POSSIBLE Cineworld or any other company in a particular sector can gain market share?
7. While we know the level of extra Debt Cineworld has taken on the board appear confident that it is in the long-term interest of all shareholders.
8. As part of 7, we also know there has and continues to be significant work done reducing other costs (these may well go a long way to eradicate the effect of the additional borrowing, we will only know in another year or two as these savings filter through into annual accounts).

So Investors here have largely speaking bought in a little below current levels. Let's say we all average current price of c.61p in a ZERO turnover company.
I do not think it unreasonable to suggest it is POSSIBLE over the next say 2-3 years we will again have shares in a company with turnover of $4bn + and a corresponding share price of £2+ .
As I have said before we effectively have bought into a growth area and massive growth potential at that.
Cinema as a sector does not need to be a growth sector from its pre worldwide pandemic levels.
It only requires to be a growth sector from NOW!!

IT WILL BE! IN MY OPINION.

Good luck with your investment decisions then IDW.
Enjoy posting 19.3 x per day over on the AFC board now :-)

I hope those 7 and as many others as possible survive it IDW.
Every death is sad no matter the cause.
Let's be thankful we have a path out of this now that will in a relatively short time see far less poor families losing someone close to it.

I asked how you saw us in worse position that couple of months ago as you stated.
I pointed out we didn't have a vaccine then and now we have more than one and in use.
You didn't reply to that.
Anyone that has watched or invested in shares for any level of time would realise why moves like first thing yesterday happened and that we would recover much of it fairly quickly.
Not sure what you want us to say differently.
These boards are for us all to discuss.

Mark nobody said you were a de ramper.
I am chilled thanks.
Maybe cineworld is not for you though and time to cash out profit as you seem far from chilled with its movements.
Good luck in whatever you decide :-)

There will be deaths after January that's for sure.
That is too early in the vaccine programs to see such a result.
There will likely be deaths ongoing, but numbers will in time greatly reduce once the "at risk" sections of society are vaccinated.
UK government and US believe by or before Easter time we should be at this point.

Mark
You say you hate to think of the negatives, but that's the third time in two days you have tried to push this subject.
How is the UK, USA (nearly all the company's market) or the rest of the world in worse position now than two months ago?
Two months ago there was no vaccines.
It has been about the vaccines for a time now and they are now rolling out and people being vaccinated. This is going to increase pace.
Lockdowns/tier systems were always going to repeat happening and we have been due one start of year. This knowledge has been with us some time.
Vaccination is the key!!