Member Info for FunInvestor

You will have bought in this morning then astro.

"I think we’ll see a similar day today, maybe slightly worse. If it gets close to the 40p mark I’m buying"

Why specifically do you ask that in-depth?
Do you mind staying price and quantity you bought into cineworld at as you recently confirmed?

Exactly PrayFor!
MS is discussed WAY too much on this board.
They are traders in this share and it's movements that's it, nothing more nothing less.

£1 before Xmas would be lovely jubley.
To be honest stability anything over c. 50/60p be nice short to medium term.
I guess current price is unlikely at Xmas either way as we will either be substantially up or substantially down depending on further vaccine news good/bad and financial negotiations result good/bad.
Let's go with more good than bad :-)

PrayFor
I would say we dropped to 15p for near zero time, it was at a point when there was still no certainty with covid and company finances.
News of Bond delay after many others, stories of company only having weeks to survive, closure of its cinemas.
This would be delivering a certain financial position, clarity on waivers or otherwise and in a time when the world path forward is rapidly becoming much much clearer.
Market would as always overreact briefly for days or hours but SP would imho not reach below 10p and any low it did hit likely VERY short lived so should be of little concern to any long holders.
True level of dilution should/would be what would ultimately decide the new price.
This would very likely be made up after period of trading when vaccines done their job and blockbusters been screened.

"Funinvest,

I base under 10p on the fact that without any incredibly bad news we some how dropped to 15p.

Any news regarding dilution or rights issues and there will be a huge overreaction seeing us plunge to under 10p (imo)."

Lloyd are you suggesting illegal insider info trading has happened?
Also remember there is no love from Mooky towards shorters so he would have them last to know in my opinion.
Such talks are highly confidential and will be covered by Non Disclosures.

"Do any of you believe that potential 64p was the last high it will get before debt waivers will be announced.

I am just hoping that it wasn't the last stop to jump out as MM's who MAY know about the failure of a deal pushed it up to get out.
Don't wanna scaremonge but we gotta evaluate all options."

Well to be fair we would only see RNS days AFTER the event so it in theory would be no use to us.

"We would see an RNS of MS dumping the **** out of this if that was the case but nothing like that has happened so I think were safe in that regards"

Forgot to say before, I have been struck with how reasonably confident Mooky has appeared in a few interviews previously regards a vaccine this year.
Looks like he was spot on with that confidence (insight).
He is nobody's fool for sure.

PrayFor, can you expand on how you come to under 10p in the event of RI/dilution?
Cineworld could easily do similar to AMC have recently done to raise enough extra cash to see through to mass reopening with nothing like the level of severe SP cut you suggest in my opinion.
Waiver is the crucial part and that's really independent of the RI/dilution for cash elements.
Remember cine has according to Mooky enough cash currently.

"I would also like to point out, that if the creditors have been too demanding, and mooky has had no choice, a rights issue or dilution would see us under 10p. A 100% effective vaccine wont help us in either of those situations.'

The first one was always likely to give the biggest impact to covid impacted stocks and people's sentiment.
Future releases on effective vaccines will solidify and should give bit off a lift (though less) as they give options and more certainty of path ahead for the world.
I dont expect the same 130% plus rise then settling 50% or so.
Maybe 20 - 50% initial lift from current levels but settling to say 20% up from here.
All my own guess work on potential impact.
DYOR

Agree PrayFor.
Interesting re staff information, I was wondering what numbers were let go/left and how many were retained and now receiving near full pay for no work all set to fire back to life early next year.

Oh I agree MOOla he is confident of business survival and future.
We do not know if that future will be negative at least short term for current holders though.
We can also read into it he doesn't want to risk burning finances even quicker than as is by opening for essentially one big movie for 3 or more months.
Been a good week for us holders so far so let's enjoy that and near certain some further imminent positive vaccine news as others are in a number of cases very similar base to Pfizer one so should give positive news in days and weeks ahead. It's then that crucial financial news sometime between now and year end.

While I think Mooky is likely comfortable/confident and well advanced hopefully with waiver and financials talks I don't so much agree regards WW1984 asscertation.
Him encourage it's move to next year makes better business sense for both the studios AND cinema chains. Bigger numbers in a more certain world works well for both.
Christmas currently with about only WW for any showing worth time becomes costly to cinema so not worth opening for one movie then a gap.
He has already made that clear that a range of movies required to make it good sense to reopen.
So yes I think he is comfortable enough with finance negotiations, but NO the idea of him encouraging movement of WW does NOT add to this.

"This accuracy goes up to 95 per cent when dealing with people who have a high viral load - which makes people most infectious."

"They identify those who are likely to spread the disease and when used systematically in mass testing could reduce transmissions by 90 per cent."

"Sounds like a great idea, but I don't understand how this can work of it's only 75% accurate."
Read the article then if you actually wish to understand.

£115k is not MASSIVE. Let's keep to facts, details and calm sensible debate.
This stuff is as bad as the 20p close guys.

@insignificantguy
What 40p close today and 20p in few days?

Absolute Clown as you say!!!

Coming from the guy that most recent shorts have been at 30p couple days ago and we have only went up since. Then this morning shorting at 47p and again only gone up since then.
We will off course hear how you have profited again today from your investment genius!!!

PrayFor this one started with 70p last night forecast for today, then it was 65p this morning, moved to 60p now.
F.. sake what's with some individuals on here. *Head in hands*