6 Weeks left22 Nov 2021 19:28
6 Weeks from now we will have seen the company close out the last half that records a loss EVER (hopefully).
If we are to see good returns on our investments then it must be profits all the way from there on.
SP clearly isn't where most of us want it now (the last 6 months and there is no guarantee it wlever will be, BUT most of us believe there is enough signs to expect it will.
Timescales we have different views on.
I do think it's worth stopping for a moment and seeing past our personal views and opinions though.
Examples : Covid (there are people still concerned and there are still issues, more in some countries than others) So, we can personally believe it's all good, but one (wo)man's view doesn't dictate the markets.
Court case (again we may mostly see it being an outcome in our favour, but anyone honest with themselves must surely admit they don't have the relevant expertise and must be open to possibility of different outcome).
Debt - It is large for size of business (most of us believe company can in time manage and reduce it, thats not a 100% given though).
Studios (there is still a lack of movie numbers and hasn't moved a lot month by month since re opening (we hope it will improve, we may even expect, we don't KNOW).
Box office : let's see where we end this Q , the business will do VERY we'll still I think to hit 90% as a group for this final Q (November will be well down on October) . Lot of pressure on second half December (though expect good things from the 3 releases then).
We mostly agree markets don't like uncertainty (made up or otherwise). There is without doubt still a case to say there are uncertainties here and given the companies position it's a fairly easy target to have SP played with for the "fun" and financial benefit of hedge funds, large traders.
Meanwhile us plumbs must make our personal choices and wait (in hope) our time comes.
One thing for sure it is longer than almost all expected.