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I don't really understand why some seem to almost trivialise the £700m fine. It's TWICE the company's market cap. It's a huge amount of money to have to find, especially when the company already has massive debt. Such a fine, imho, would have a devasting effect on the share price and deal a severe blow to investor confidence that the company can survive. Good results will of course be fantastic and very welcome, but again, I really don't think you'll see any meaningful rise from good results alone. Good news regarding the appeal is what the market is really waiting for.

The reason the appeal is so significant is if they lose, they have to find potentially £700m from somewhere. It would almost certainly result in a placing and massive shareholder dilution. There would then also be genuine concerns around the company's ability to stay afloat. Those aren't just my views, various articles over the last 6 months or so have said much the same.

The results will likely be encouraging, could be very encouraging. But unless there's some good news about the appeal, I doubt very much it'll do anything for the share price. The results isn't the catalyst the market is waiting for.

If they win the appeal, assuming the share price is still around 25p, could see 50p or more in a matter of days. Lose the appeal and I think sub 10p could be seen. 25p is somewhere in the middle of those outcomes, about where it should be imo. I agree world events will be amplifying the bearish share price movement, but even if the Ukraine situation wasn't happening, concerns over the legal tussle with Cineplex would still be weighing heavily on the share price. If they win the appeal, I strongly suspect the buying will return in earnest and the share price will really begin to respond. Because cinema is bouncing back strongly, as are the movie production companies, and provided the company comes away from the Cineplex mess relatively unscathed, enough cash is going to be flooding back into the business that debt is going to become less and less of a problem as time goes on. I'm not brave (or mad enough imo) to risk buying cine at the current price ahead of the outcome of the appeal. I'll wait and see what happens first before deciding whether or not to take a position. If they win the appeal and there's an opportunity to buy at under 50p, i think many will determine its a good long term punt - fingers crossed they will win the appeal and the recovery here can properly get underway.

People keep saying the appeal isn't why the share price isn't rising, I'm of the opinion it is. And the fact Top Gun didn't result in a meaningful rise is proof big ticket movies alone aren't enough to move the share price here. There's obviously another factor that's preventing this from rising and there's no question in my mind the appeal is the reason. It's a huge sum of money involved. Especially when the company already has huge debt. That's why the market is so skittish around cine..If they win the appeal, the brakes will be off and shareholders should finally see a proper recovery here. If they win that is.

Disney has gone woke
https://www.bbc.co.uk/news/entertainment-arts-61743910

What these people really want is sharia law in the UK. They want blasphemy laws. By bowing to their demands they've as good as got their blasphemy laws haven't they. That said I kind of agree with Cineworld pulling the movie. Safety of their property, staff and customers must always come first.
https://youtu.be/9jJw85t2Lyo

Cuckoo land

Tegpop, if the company has to pay £700m fine, where's that money going to come from? If they do a placing at around 25p that's another 3bn shares (massive dilution). If it's a discount placing, that 3bn figure will be even higher. Massive shareholder dilution would be the most likely outcome if they lose the appeal, hence why the share price would tank.

"Cineworld is back and in a much stronger position than before"

That's debatable. Until the outcome of the appeal is known, their position remains precarious in my opinion. Win the appeal and the share price will boom. Lose the appeal and it'll tank. Cinema is bouncing back though and that's an encouraging sign. If the company no longer has to pay that huge fine, with plenty of punters coming back to cinema, the company's debt situation should improve over the long term. Win the appeal and i do see sentiment returning more widely/shorts closing etc. There are reasons to be optimistic here - but it all hinges on which way the appeal goes.

My position here is that I have no position. I'm not invested anywhere atm and have no intention of investing anywhere anytime soon. There's just too much sh*t going on in the world. I may look at buying shares again later this year if things improve, but I'm happy to be out for the time being. As for Cineworld, at the current price I think both shorters and LTH's are taking a huge risk, because this could go either way depending on the appeal. I'll be interested in seeing what happens - if they win the appeal i might take a small position, if they lose the appeal I won't touch it with a bargepole no matter how low it goes, because the risk of going bust will have just massively increased.

Avoiding unnecessary and unpredictable risk should be at the heart of every investment decision. Safeguarding your investment money should always come first. Unless you're a gambler of course and are happy to put your money on an outside bet that the company will win the appeal. That's not investing though, it's gambling. There's no guarantee you will be able to LTH your way into profit - it doesn't always work that way, infact it seldom does. It's often the case all that's at the end of the LTH rainbow is little or no profit, missed opportunities to have gotten out earlier at a decent profit, and even shareholder wipeout/liquidation.

The LTH approach will only work here if they win the appeal. If they do win, there's a real chance of seeing a good recovery long term. Until then, the LTH approach is not at all sensible. For example, if you bought long term when covid first hit, let's say at around 30p, you missed out on the £1.20+ you could have had and are now sat on a loss. If you bought a year ago, you are now sat on a huge loss. If you buy now and find out in October they've lost the appeal, again you're likely to be left regretting your decision. Shorters have been the biggest winners here over the last year or so, followed by the daytraders and short term holders. LTHs have been the biggest losers since covid struck and they stand to be the biggest losers if the company loses the appeal as well. Even those buying in now at 25p stand to lose less than LTHs if the company loses the appeal. The time to be a LTH will be if they win the appeal, not before.

"They are in this for the long term"

They don't have much choice do they RS? Particularly those who bought in a year or so ago at a much higher price. How's the LTH philosophy going for them do you think?

Safeguarding your investment money from unnecessary risk should be rule number one. Rule number two is about making a profit. It's better to stay out until the outcome of the appeal is known, thus you are protecting your investment money from unnecessary risk. Once the outcome is known, if they lose the appeal you can breathe a sigh of relief that you dodged a bullet. If they win the appeal, there'll be plenty of time to buy in if you feel the price could go higher. Sure you might have missed out on an initial higher opening price, but it's better to lose that initial rise than gamble your investment money on an outcome which might not come off and could end up losing you a lot of money. Each to their own of course, but I prefer to take the common sense approach. Safeguarding your investment money from unnecessary risk should always come first. Making a profit comes second. You don't have to win that much on the stock market for your investment money to grow. 10% here, 10% there - it all adds up. What's vitally important though is avoiding major setbacks. You have to avoid losing significant money at all costs and that means avoiding unnecessary, unpredictable risk where the outcome could go either way.

None of these movies will make the slightest bit of difference to the share price however. Not while the Cineplex case is ongoing. The outcome of the appeal will be key. Win the appeal and 50p+ could be seen. Lose the appeal and sub 10p could be seen. Until the outcome is known, nothing but nothing will move the share price.

Hexam, I said many don't have home broadband, as in an Ethernet connection. Because most don't have need for it - unless working from home. Most people access the internet via their mobile devices. Which is what I said. Try reading my post next time instead of twisting what I said to make your post sound more interesting?

It's like arguing with primeval apes. Believe what you want Allkap. Those with even an ounce of intelligence know why the share price is where it is and they know what it'll take for any meaningful rise to happen.

Tegop, explain what the price of jet fuel and a shortage of staff in the airline industry has got to do with Cineworld? We could do with a laugh. Over to you Tegpop..

HERE’S WHY CINEWORLD SHARES ARE STUCK DESPITE BLOCKBUSTER MOVIES

https://www.asktraders.com/analysis/heres-why-cineworld-shares-are-stuck-despite-blockbuster-movies/