Member Info for FunInvestor

RS he has also talked of 30 - 35p before buying back in as off course he previously got in at 17p and sold at 35.
Probably as bad as the other usual crew on many of our filter lists.
Nearing green box for me.

There never was a cheap takeover opportunity.
Understand subject before starting hundreds of threads please.

What exactly makes this perfect time for Netflix or anyone else to make move to buy ?
Please detail your thoughts.

Yes this was up 132.5% in less than a 24 hour period.
11.30am yesterday to 11am today going from 28.9p to 67.2p!!

Now, while some will be disappointed to see us close at "only" 47.75p, "only" up 18% on the day keep in mind we have seen a 65% rise in little over a day since the vaccine news.
It was probably inevitable there would be some pullback as people will have all sorts of different investment methods and well over 100% for 24 hours will always flush a fair number out taking handsome profits in some cases.
There is that shorter position too and equally the fears some will have after the year we have all had, where this share price has been.
We (the company, long holders and general public) are today in a far far better place than we have been for c.8 months now.
Everyone is an expert in investment with hindsight, but we don't get to live and invest that way.
Look forward and enjoy more gains to come be they tomorrow, next week, month, year.
Short term movements are that.
Day trading opportunities likely still here for a bit of you enjoy that high risk short term option.
Long term definitely has swung back on favour of long holders though.
Keep smiling, it's only money :-)

Oh and remember cinemas closed in UK since then saving cash burn .
Some of the US closed cinemas opened since then and others closed.
So many changes you have zero idea what current finances are.
Mooky and board do however.

As you stated out of date. Why not quote other positive parts of the accounts report?
Last time shall speak again summer next year on this.
Happy to discuss any NEW information we get though..

I trust that Cineworld board know their finances and what is required when.
Let's see if you or they got it right say we revisit this summer next year.

And your point on this point in-depth is also out of date, as Mooky has since confirmed not to listen to media and that Cineworld is NOT about to run out of money. The link to the BBC sounds interview has been posted several times so dont pretend you have no knowledge of it.
Obviously we ALL Know the company requires to negotiate waivers which it has been able to do earlier this year successfully when the covid future was far less certain than it is today.
"@RS2002
Your point 7). is out of date, as Cine said themselves in the HY 2020 report:
"There can be no certainty as to the future impact of COVID-19 on the Group. If Governments were to strengthen restrictions on social gathering, which may therefore oblige us to close our estate again or further push back movie releases, it would have a negative impact on our financial performance and likely require the need to raise additional liquidity.""

Lolz broke his cover ha ha

That's great logic shame us.
Everyone and his dog with the exception of Trump has agreed and known Biden has won the election for about 3 days and in that time the SP has increased. With the confirmed certainty now....

Those guys really do have a bad case of multiple personality disorder.
Got their bases well covered with this share.
They can say it's a busted flush and a winning hand on the same day . Ha ha.

7 weeks until release date, marketing usually ramped up 6 weeks out.
Currently there is number of countries with second wave of covid and lockdowns/restrictions.
USA is far from clear of the problem.
Therefore it is not unreasonable to question the likelihood of WW84 sticking to Christmas release.
Let's be honest though the far bigger matters are Covid and Financial position.
Once both of these are clearer the movies will naturally start to flow again.

Wish we did get a day prior tip off, would be a far more relaxed holding ha ha.
Showed 32.38 bid briefly at close yesterday.
"We seem to be getting tipped off here.. last night we saw 30.8.. Bid price.. whats the bets it stops somewhere around there"

There has been very little price movements in the last month now also.
This combined with lack of ANY news and some individuals gone gives us a far less active BB.

"What do this 2 RNS mean?"
Google is your friend.
This has happened a number of times with such question subsequently asked.

Directly quoted from the September released accounts.
Not a headline from an unknown source, media or analysts.
"The Group’s forecasts and projections, taking account of reasonably possible changes in trading performance, show that the Group
should be able to operate within the level of its current facilities for at least 12 months from the approval date of these interim
consolidated financial statements, however the covenants are forecast to be breached at 30 December 2020, 30 June 2021 and
31 December 2021. The expectation of the Directors is that waivers will be obtained. Details of the Directors’ assessment of Going
Concern are set out in Note 1 to the Interim Financial Statements"

So completely unfounded statements basically.

So completely unfounded statements basically.

No RNS states their current burn rate or that business runs out of money this month either.

You, I or analysts do not know the burn rate.
Business has recently been re-closed and negotiations regards leases so it's guess work re burn rate as I stated.
USA is mostly not currently in lockdown. AMC and other comas currently open so YES a November re open is still entirely possible.
Not saying it will happen but currently nothing technically stopping it.