Member Info for giantsquid

Tegpop, until the company updates, until the restructuring is done, until the risk of dilution has passed... i won't be investing. There are just too many unknowns for my liking as things stand. I'm merely a bystander for the time being. If i do take a position it'll only be after the restructuring is finished. I know that's not everyone's view, but it's certainly mine and I'm sticking to it.

"Most importantly, the parties agreed to give Cineworld a chance to sell its business to raise cash. Still, it is unclear who will buy the company as the industry faces key headwinds.

Potential buyers include American private equity companies that have billions in dry powder. The company could also decide to first sell its Regal Cinemas business. Regal is one of the biggest theatre companies in the US"

https://www.investingcube.com/cineworld-share-price-went-bonkers-is-it-a-contrarian-buy-shares/

A smaller, leaner, fitter company is the way to go. Selling Regal, or at least part of it, would lighten the load and see substantial cash coming back into the company's coffers. It would do wonders for the share price - maybe that's the plan as part of the restructuring process?

The best thing the company could do for it's shareholders would be to sell Regal. The share price would rocket on the news.

Once yesterday's daytraders get bored and take their profits, this will sink back below 4p faster than the Titanic.

How in the hell does a stock jump like it has - and yet still no RNS. Why is it that if you want to know what's going on with this company, you have to read about it on various online articles? Their communication with shareholders is amongst the worst i've ever seen.

Followed by afternoon dump.

https://youtu.be/0FHEeG_uq5Y

Give it a few days and this will be back below 4p. The herd move on very quickly. The company can't even be bothered to release an RNS, or possibly it's a case of they can't afford one?

I'm raising valid points. If you can't answer them without resorting to abuse, maybe don't say anything at all?

Are we still to expect the "very significant dilution" the company has repeatedly warned about? If so, when? Because that has the potential to destroy the current share price. Until there's clarification, this remains extremely high risk imv.

When's the restructuring expected to be finished? I believe it's early next year?

THE pound surged today as Rishi Sunak was named Britain's 57th Prime Minister.

Sterling hit $1.14 today when it became clear that the former Chancellor was in line to get the top job in politics.

https://www.thesun.co.uk/money/20202711/pound-up-dollar-as-boris-rishi-prime-minister/

I've read numerous times a bounce was widely anticipated upon Sunak becoming pm. Andrew Neil for example was tweeting only the other day Sunak becoming pm would be good for stocks. I do think that's what's behind it, of course some shares will rebound stronger than others, especially those that have fallen the hardest over the last year or so, ASOS for example. I wouldn't read too much into it, it's just the Sunak bounce.

The markets are most likely reacting positively to Rishi Sunak becoming pm, a lot of shares have bounced today, all at the same time. There's apparently a lot of investor confidence in him, probably due to his financial background in the banking sector and the fact he was chancellor.

There's too much turmoil going on in the world right now hence why shares continue to slide. Any occasional bounce is soon followed by further falls - that's how it's been for much of 2022 and it's not likely to change anytime soon. There's no money to be made in a climate like this, no point having your money tied up in shares that are unlikely to do anything for months except expose you to further falls. Most investors began pulling their money out months ago and until investors get the first whiff things might finally be starting to look up, they'll opt to stay out of stocks. Further downside is more likely than not - yes the share price is low, as are many shares right now, but nothing is worth buying atm - you'll almost certainly get in lower still if you bide your time because global turmoil will probably get worse before it gets any better. We're heading into winter and that means covid will be on the news again, increasingly so. That alone is likely to rattle the markets. And if Putin goes nuclear, if events there escalate, well we can only guess how markets would react. Then there's inflation, food and energy prices and the cost of living crisis - we're so far from being out of the woods buying stocks isn't even on the radar for most investors right now. They'll be flooding back in on the first glimmer of hope - but right now, that's looking a very, very long way off.

There's too much turmoil going on in the world right now hence why shares continue to slide. Any occasional bounce is soon followed by further falls - that's how it's been for much of 2022 and it's not likely to change anytime soon. There's no money to be made in a climate like this, no point having your money tied up in shares that are unlikely to do anything for months except expose you to further falls. Most investors began pulling their money out months ago and until investors get the first whiff things might finally be starting to look up, they'll opt to stay out of stocks. Further downside is more likely than not - yes the share price is low, as are many shares right now, but nothing is worth buying atm - you'll almost certainly get in lower still if you bide your time because global turmoil will probably get worse before it gets any better. We're heading into winter and that means covid will be on the news again, increasingly so. That alone is likely to rattle the markets. And if Putin goes nuclear, if events there escalate, well we can only guess how markets would react. Then there's inflation, food and energy prices and the cost of living crisis - we're so far from being out of the woods buying stocks isn't even on the radar for most investors right now. They'll be flooding back in on the first glimmer of hope - but right now, that's looking a very, very long way off.

I'm in no rush to buy anything atm. A philosophy that's served me well for most of 2022. We're not out of the woods by a long stretch regards market turmoil - I still consider it too soon. If it's 60p by april, I'll be happy for holders, but staying out til next year is the chance I'm willing to take.

I might invest in Boo next year probably have a look again around april when the new ISA year starts. Hopefully by then global turmoil will be a bit calmer and markets poised to start a new bull run. I can't see shares doing much for the foreseeable future as there's just too much sh*t going on in the world, what with inflation, cost of living and madman Putin. Hoping 2023 will be better for stocks - bear markets don't last forever, I read they typically last around 19 months meaning we could be in a new bull around next spring or early summer. Here's hoping anyway, 2022 has been another cr@p year for shares hence why I sold out of the markets about 8 months ago, just focussing on building up my cash position for time being.

What's going to happen to stocks if Russia launches a nuclear attack? Because that's the way things are going.

Dave, you're clearly shorting the stock - or possibly you're an ex employee who got fired for stealing. As for the sandwich deal, it's cheaper and better value than any of their competitors, that's the part you forget to mention. Aldi and Lidl have £2.50 sandwiches on sale (no deal) would cost you £4 minimum for the same items in either of the discounters. Sainsbury's and Morrison both do deals but both are more expensive than Tesco and offer far less choice.