Member Info for FunInvestor

20

Strangely showing in today's details here, but as the 9th September

Fair value. Therefore nothing to suggest 20p on the horizon either.
Happy to hold as things stand, if new facts come to light then I can and will reassess position as any good investor would.

Roid indeed the share price doesn't lie. Zero evidence to suggest a 20p level and certainly not one maintained for any length of time.
Worst period in almost all businesses history and for vast vast majority of this period Cineworld has been 50p or ABOVE.
You are I am sure smart enough to see that though :-)

' - MS are good at what they do."
Excellent! I am glad they are one of the bigger holders in the business then :-)
Clearly they know it is heading north at some point.
:-)

Wonder if the clowns only get paid if there is reaction/response to their utter trash?

So nobody ACTUALLY knows as fact the percentage split. As that's 63/33, 63/37 and 65/35 all been quoted by various people which is currently only for one film during unprecedented times.

Roids what happens to the other 4% in that 63 - 33 you have quoted couple times?

Just look at the last 6 months chart and knowing the troubles the world has faced, where we are now and where Cineworld was and now is.
What percentage of the Sox months has the share price been below 50p and what percentage has it been 50 or above.
Clearly the market has found Cineworlds bottom safety net price point so be relaxed and ignore all the often stupid noise.

Fair play to them making a pretty safe and quick 20% on millions in matter of weeks. Do that a few times over they will be a happy business.
It's up to us small mug punters not to be fooled more than once on same thing.

Yes the institutional buyers are loving this c. 50p range in share price. Hoovering up an ever decreasing pool of available shares from mug small investor sellers.

YAWN

Much is said of the Cineworld debt, and whilst we should never ignore such facts we need not fear it.
Often companies with real drive and focus to grow more powerful will take on "good debt" and we should understand and respect this.
The Cineworld debt is not huge while looking at some other "successful" companies.
https://www.gfmag.com/global-data/economic-data/companies-largest-debt-world-2020

This soon after (well during) covid can you tell me which leisure industries have the same or higher attendance in-depth?
Don't be deliberately obtuse with comments.
Off course levels are not currently at pre covid levels. It does NOT mean that's how it will continue forever especially when we reach the stage you are allowed to have higher attendance.

75% + discount I would say it's a good buy in. Timing absolute lows or highs is all but impossible.

"US and UK cinemas will be shut over Xmas.
Take that bet."

As I already said: state how much and the odds and how we proceed with bet.

Shares available to trade on the open market so potential for even more volatility and massive movement up or down in share price.
MS and Polaris between them now have circa 3x what Jhango ever had with around 16% if I recall correctly.
Then Global City (Mooky family trust) 20% , add in some other large pension/investment funds etc and it's easy to see how movements have and will be substantial at times.
I said at start of week to expect a RNS or 2 from one of big guys moping up shares the small Investors panicked into selling on the down and it's exactly what we got.
Covid and the debt are still factors worth noting and concern, however I believe our CEO has as good a handle on matters as any business will have.

"Pushed back to December.
I would bet that most cinemas will be shut again by then ...
Anyone want to take that bet?"
On the basis that UK and all other countries outside of USA are all but irrelevant to this company I assume you mean USA cinemas, and/or entire global cinemas.
On that basis then YES let me know of it's straight even money bet and just how much you want to back your talk with.
Majority of world (especially USA) cinemas will NOT be closed en mass.
Let me know how you want to proceed with bet

He may not be flash, but whenever I hear him speak he fills me with confidence. Confidence that Cineworld is in safe hands, he comes across very well I think.
Shrewd businessman that isn't all flash and no substance.

We (thankfully) seem to have largely found a support level over these last 5 months at 50p.
Today, so far seems to be following that after a rough few days.
Let's hope it is indeed a solid support level until whenever it might be we get recovery here and in wider sense too.
GLA ,try to keep civil as nobody gains from the childish behaviour.