Member Info for giantsquid

Dave, fetch a calculator and we'll go through the prices as you appear to have trouble with basic mathematics. A meal deal sandwich costs £2 - £3, a drink costs £1 - £2, a snack costs £1 - £2 so you're getting upto £7 worth of stuff for £3.50 (without a clubcard) and £3 (with a clubcard). A regular costa coffee costs £3.20 in Costa, but in Tesco you can have the same sized Costa coffee from the in-store Costa machines as part of the sandwich meal deal. So if you have a clubcard, you get a Costa, sandwich and a snack all for £3 (20p less than the coffee alone costs in costa coffee shops). Whichever way you try and spin it, their sandwich deals are bloody great value.

Dave, clubcard is very popular, most of their customers have one, and yes, it does save them a lot of money - most of Tescos offers are linked to clubcard - example, £3.50 for sandwich meal deal without clubcard, and £3.00 with a clubcard.

Lidl has apologised to its customers after claims a branch's shelves have been "empty for months" amid a lack of deliveries. One angry customer even said staff told him the new Truro branch was getting priority.
https://www.cornwalllive.com/news/cornwall-news/lidl-accused-prioritising-truro-helston-7502756

"don't bother, there is nothing!': Customers vent anger at empty shelves across Sainsbury's and Lidl stores
https://www.ibtimes.co.uk/dont-bother-there-nothing-customers-vent-anger-empty-shelves-across-sainsburys-lidl-stores-1653724

Lidl shoppers switch to Aldi after delivery and stocking issues
https://www.nottinghampost.com/whats-on/shopping/lidl-shoppers-switch-aldi-after-7608888.amp

Lidl responds after empty shelves spotted in its supermarkets nationally
https://www.worcesternews.co.uk/news/19430375.lidl-responds-empty-shelves-spotted-supermarkets-nationally/

Lidl faced with shopper fury
"Have stopped going to Lidl completely now"
"It would be so nice to have more usual food in store. Went to a Southampton store yesterday. Hardly any fruit and veg and one long aisle which had sections with one or two bags of potatoes in each one. Love Lidl but getting fed up with it having so Lidll in on the shelves."
https://www.manchestereveningnews.co.uk/whats-on/shopping/lidl-faced-shopper-fury-after-24559620

Lidl shoppers are 'flocking to Aldi' after delivery and stocking issues
https://www.birminghammail.co.uk/whats-on/shopping/lidl-shoppers-flocking-aldi-after-25064744

https://www.trustpilot.com/review/www.lidl.co.uk?page=9

Aldi might be gaining, but it's primarily because Lidl are losing customers to them because they can't get their act together. Lidl is notorious for terrible product availability, Google it, there are complaints about it nationwide.

My experience in their stores isn't great. Lidl in particular is a sh*thole in my opinion. Row after row of empty shelves, many of the basics seemingly permanently out of stock, several isles full of weird nasty cr@p nobody wants - an example I saw recently in my local Lidl being a "urine detector", i mean wtf? Lidl has a special offers section that really isn't that special - many of the prices seem really quite expensive and very few customers appear to ever buy any of it. After 10 minutes walking round a mostly empty Lidl store unable to get even a fraction of your shopping list because either they don't stock it or it's out of stock, you arrive at the tills to find only one is open and a massive queue has formed and seemingly no more staff to open another till. So you queue up at self pay to find every self pay till scans only a few items before the red light comes on requiring attention from the only staff member (who is currently sat on the only till that's open!). It takes 5 minutes to walk round their empty stores and about 15 minutes or more to actually pay and get out the place. Absolutely horrible stores, personally I can't see many families shopping in them, other than for the odd bits and pieces, because it's impossible to get what you want. I'd be amazed if the discounters aren't losing customers left right and centre to the likes of Tesco and Asda - in my opinion they started off on the right track but they've totally blown it, their availability is shocking and they've cut staffing down so much that their stores have become a joke to try and do your shopping in.

Lidl and Aldi are seen as cheaper, but their product range is extremely limited and also my local Lidl in particular has had a lot of empty shelves for about a year now, even the basics are always out of stock. This is driving customers away from the discounters and back to the likes of Tesco and Asda. I'm expecting Tesco to announce fairly strong results, my local Tescos are always busy, it's like there's no cost of living crisis - the car park is always packed out.

Once the restructuring is done, this might be a worthy long term hold. Until then, it's a case of get out while you can before the "very significant dilution" the company is warning about wipes you out.

"Revenue is Vanity, Profit is Sanity and Cash is King" – Alan Miltz

The company has warned existing holders risk "very significant dilution" as a result of the restructuring

An increase in shares in issue to around 5bn would mean a share price of around half a pence, based on the current market cap.

Which would represent a fall of -75% from the current price

European stock markets are expected to open sharply lower Wednesday, continuing the global move lower pressured by renewed energy concerns as well as the deteriorating growth outlook.

https://uk.investing.com/news/stock-market-news/european-stock-futures-lower-regional-energy-crisis-ramps-up-2763936

Sometimes you just have to know when to get out of stocks. Right now, with so much trouble going on in the world, about the best an Investor can hope for is that your investments don't go any lower. There's very little money to be made anywhere atm, despite the crazy low prices. Optimism and confidence has gone from the markets, investors are bailing and running for cover, and that's unlikely to change anytime soon. The best place to be right now is out of stocks altogether. Stick your money in a cash ISA and come back next year and have another look at stocks then. The cost of living crisis and sky high energy prices is one thing, but right now we also have Putin making veiled threats about nuclear strikes - yes he could be bluffing, but equally he might not be as well. And with Biden warning him of a "catastrophic" response if he does launch a nuclear attack against Ukraine, things could be about to get very much worse for global markets. At the very least, there's absolutely nothing on the immediate horizon that's going to change sentiment and see investors suddenly start piling back into stocks. It's time to get out and focus instead on building up your savings. At some point, the tide will turn and with many stocks on the floor there'll be a great opportunity for those in a good cash position to take advantage - but that time is currently looking a long way off.

These are crazy low prices for EasyJet - virtually guaranteed to make the long term investor serious gains once the tide turns. I see no problem with investors accumulating at these prices provided they're happy to hold for the long term. In the short term, with Putin's nuclear threats and rising inflation and energy costs, it's not looking pretty out there, so unless you're happy for your money to be tied up in stocks for quite some time, it's probably advisable to stay out of the markets altogether and remain in a cash position on the sidelines until things begin to calm down a bit, possibly sometime next year.

The company is going through a restructuring of it's finances, they have repeatedly warned existing equity holders risk "very significant dilution". And yet we have nutters on here talking about a retrace to 30p! For the love of god, it isn't going to happen. Infact i would say the chances of this staying above 3p are slim. If you take the current market cap and factor in "very significant dilution" (let's assume shares in issue increases to around 5bn, a relatively conservative figure as it could be closer to 10bn) then you're looking at possibly half a pence a share before this restructuring is done. It makes no sense whatsoever to be an investor right now and expose yourself to that kind of dilution. Once the restructuring is done, most of the bad news and risk should be in the rear view mirror, with every possibility the newly restructured company could see something of a recovery - if you're going to take a punt, that'll be the time to do it. The company should emerge from all this smaller, possibly much smaller, but also stronger, leaner and better placed, so there's a pretty good chance of seeing renewed investor confidence and a surge in buying activity post restructuring with market cap one day perhaps exceeding £250m or so - representing a potential multibagger for those who take a position early doors once the restructuring is done. Until then, this is very much one to watch from the sidelines and stay well clear of until the restructuring is finished and we can see what's what.

He's right criticising mooky and his brother for taking huge salaries and bonuses at a time when the company can ill afford it. Shorters have consistently called this right for over 2 years. The stock is down -96% this year alone!

And I'm not sure why you consider this a "hold"? The company has warned existing holders risk very significant dilution. So what possible justification is there for wanting to hold so you can be massively diluted?

Once the restructuring is done, most of the bad news and risk should be in the rear view mirror, at least for the foreseeable future. Then and only then will this potentially be worth investing in.

The company's struggles have not prevented Greidinger from drawing lucrative rewards from Cineworld – including £1.48million in 2021. Last month, The Mail on Sunday revealed that he and his brother Israel had received nearly £26million from Cineworld over the past eight years.

Argonaut Capital Partners' Barry Norris, who holds a short position in Cineworld, has criticised the pay and bonuses as the company lost billions and received furlough money.

He said: 'These guys were taking money out in the good times. And in the bad times they were still paying themselves well.

'One of the things I can't get my head around is how you could preside over such a disaster and not have resigned yet.'

But Greidinger's thoughts will soon be plunged back to the Israeli courts that handed him his criminal conviction – a rare and dubious distinction for the boss of a London-listed company.

His conviction stems from a lawsuit brought by Israel's competition authorities, which found that one of his companies withheld movies from a competitor in Tel Aviv. The court accepted a plea bargain.

'This is a difficult moment for me,' he said at the time. 'A criminal conviction is not something I was expecting after so many years.'

The court will next month decide whether he will be handed a fine or a suspended prison sentence.

https://www.thisismoney.co.uk/money/markets/article-11222069/Can-Cineworld-boss-bring-crisis-stricken-chain-dead.html

Bonkers "In absence of negative news or RNS this is a buyers market. Expect rapid upturn as emotions change…
GLA!"

Bonkers by name, bonkers by nature

With very significant dilution on the way, the share price could potentially tumble a fraction of 1p (based on the current market cap and an increase in shares from the current 1.373bn to a speculative figure of between 5bn and 10bn). Why on earth anyone is still buying when the company has warned existing holders risk very significant dilution, is beyond me. The obvious thing to do is stay out and wait til the restructuring is done, then decide if you want in or not.

Once the restructuring is done, this might finally be worth a punt. Until then, "very significant dilution" is on the way making this uninvestible regardless of how low it goes.

Very significant dilution (the company's own words) could easily send the share price down to around 1p or below (based on the current market cap of around £60m and an increase in shares to between 5bn and 10bn. That would represent a potential fall of between -75% and -85% from the current price.

Being a holder right now exposes you to that risk. By waiting until the restructuring is done, you avoid those risks and very likely, there'll be ample time to have a good look at the newly restructured company, chat and debate about it on here, and decide whether or not it represents a good investment opportunity.

The sensible thing to do is stay out and then have another look at it once the restructuring is done.

"Lots of Massive BuysToday
One is just over £300"

Lol