Member Info for giantsquid

Go back to sleep Tegpop

Tegpop, a mobile phone with broadband is not the same as home broadband with an Ethernet connection. You're making yourself look extremely stupid. You do know that?

Tegpop "He is pulling stuff out of the nether regions to try and appear as a holder"

I stated a couple of posts back that I'm not a holder and have no interest in becoming one. Maybe learn to read, dimwit?

And to shortCINE, I didn't say I don't have broadband. I said we don't have home broadband. Maybe you ought to learn to read too?

No it isn't priced in. They were ordered to pay around £700m to Cineplex before lodging the appeal. If they lose and have to pay it, presumably there will be a placing to raise the money - but you're talking around 3bn additional shares to raise that kind of money. Massive dilution for existing shareholders which would send the share price plummeting to around 8p a share based on the current market cap. Factor in sentiment and concerns the company could go bust and in that scenario it could be even lower than that. Of course it's all speculation atm because nobody knows the outcome of the appeal, but losing the appeal is definitely not priced in.

RS, sorry to disappoint, unlike yourself I don't ramp and attempt to sucker new investors into shares, I post only how I see it. I think cinema has a strong future but I won't be touching cine with a bargepole until at least the outcome of the appeal is known. Because if the appeal is lost, this will tank, no question about it. The risk is too great this side of the appeal. As for costs - home broadband + streaming versus cinema, there's no debate to be had. Cineworld unlimited is cheaper and better value than streaming at home. And no, most people don't have broadband already. Most have no use for it at home, unless you work from home. Mobile phones are what most use these days for internet and communication - only fools are going to pay £20+ per month for a mobile phone internet package plus another £20+ for home broadband + another £10 to £20+ per month for streaming services. If you shell out that much per month you're an idiot. I'm not a shareholder here, have no intention of becoming one anytime soon, but Cineworld unlimited would be my choice over streaming any day of the week. Because it's a hell of a lot cheaper and cinema remains the best way to see movies in all their glory.

The issue I have with home streaming is cost. As a family, we don't actually use home telephone or broadband. We all have mobile phones and decided long ago to get rid of our landline. So we don't have home broadband either and I'll be damned if I'm spending £20 to £30 a month on broadband just so i can spend a further £10 to £20+ a month on Netflix or some other TV package. The costs just rack up too much. We bought a large screen 4K TV some time ago and tbh we bought it without really looking into all the costs. To get the best out of it, you need home broadband - you can of course set up a WiFi hotspot using your mobile phone and connect the TV to that, but the signal comes and goes constantly making watching anything unenjoyable and downright impossible. An Ethernet connection is the only way. So we've settled for a 4K blue ray player as the only means to enjoy HD and 4K content at home, we'll never use home streaming unless the government somehow enables free home broadband to UK homes, which is unlikely to ever happen. Cinema is still the best movie experience and I think we're not alone in concluding home streaming is just too expensive when you factor in home broadband on top, which is an essential additional cost. When you compare Cineworld's unlimited card with the cost of home streaming + broadband, the unlimited card is by far the cheaper option plus you get discounted food and drink and a proper night out, so really there's no comparison between the two. Due to the costs, I'm not surprised a lot of people are deserting home streaming and unless home broadband ever becomes a free service, that's a trend I think will continue. It doesn't matter how cheap streaming is, or becomes, the killer is having to pay for home broadband on top. It's just too much money for many families to pay. Cinema is still king and I don't see that changing anytime soon.

Inflation, debt and the legal wrangle with Cineplex are all likely to be ongoing headwinds for the company. There are some good movies lined up and clearly Top Gun is proving hugely lucrative, so the share price is going to want to climb higher - whether it succeeds against the headwinds mentioned, remains to be seen - it's going to take a hell of a lot of positive sentiment to punch much higher than 30p though, imo. The real catalyst for a significant rise will be if the company wins the appeal. If it does, a huge weight would be lifted off the company's shoulders and the share price would obviously respond. Until then, I think this will just bounce around in the 22p to 30p range. Cinema certainly has a strong future though, if Cineworld come away smiling from the legal wrangle with Cineplex, then I think there's a good chance of seeing a reasonable recovery in time, provided the slate of movies remains strong. People are moving away from streaming probably because of cost. Not everyone wants to have to pay for home broadband ON TOP OF the actual streaming service. It's over £30 a month if you add up all the costs. With rising inflation, I think a lot of people have had to get rid of unnecessary direct debits such as broadband + streaming. It's a nice to have, not a need to have - and as such, it's the first to go when families are feeling the pinch. Cinema does at least provide the option to just pay on the door, which is a more attractive option I think for many families right now, rather than ongoing monthly commitment they can't really afford (broadband + streaming).

Biden is the worst possible president at a time like this. Trump would be talking to Putin by now, defusing the situation. Biden on the other hand is actively pouring fuel on the situation. The man is a bumbling idiot. I can't see Putin surrendering and pulling out, so one of two things are likely to happen: (1) a coup d'etat - the Russian military forcibly oust president Putin and take control of the country. Or (2) Putin feels trapped, cornered and sufficiently humiliated that he believes NATO has left him with no other option but to resort to using his nuclear arsenal. The world is teetering on the brink right now and we have an utter, utter clown in the Whitehouse.

Tegpop, the CEO you worship like a god is responsible for burdening the company with massive debt and getting it embroiled in a legal wrangle with Cineplex. Both of those things are why the share price is where it is today. Covid played a small part in that, but its mostly down to decisions made by the management. Quite why I'd be envious of such atrocious business management i don't know! Mooky's reign at Cineworld seems to many as a perfect example of how *not* to do it!

Shorters have been the big winners in cine for the last year or so, they've done very well out of it. With the appeal on the horizon and the debt situation still looking pretty dire, I don't think those shorting this will be even remotely concerned about a well deserved and long overdue bounce for the long suffering shareholders. Of course most are likely to be so underwater a bounce to 30p is a drop in the ocean compared to what they need to even break even. At least mooky is doing well though with his huge multimillion pay and bonus!

"we need the cineplex case off our backs for this to hold"

Yep. If they win the appeal, could see 50p plus on that news alone. Lose the appeal and there's no saying how low this could go. Until the outcome is known, this isn't a safe long term investment, most big money investors won't touch it.

I said a few days back I wouldn't be surprised if this bounced because the appeal is far enough in the distance not to have to worry about (for now) hence cine was prime fodder at low 20 pence for bottom feeders and short term holders. It'll only bounce so far though I suspect, before profit taking sends it down again. Some good movies lined up but the appeal will continue to hang over the company along with the debt mountain, so my advice would be take whatever profits you can but don't get too carried away with your valuations!

Share price is down..
-92.94% (all time)
-75.89% last year
-57% last 6 months
-24.5% last month
-5.70% last 5 days

Interesting how the share price was booming at well over £3 a share + strong uptrend pattern, then it all started to go pear shaped when the company bought regal. It was a terrible business decision to take on so much unnecessary debt, destroying the share price in the process. Yes, we could argue covid is partly responsible, but taking on huge unnecessary debt and the Cineplex fiasco are down to mooky. There are some good movies lined up, but almost all stocks are likely to continue heading down over the coming weeks and possibly months due to world events and a global sell off. The best place to be is on the sidelines. Put your money in a cash Isa or stuff it under the bed in a tin. Anything is better than being locked into stocks during a strong bear market, watching the value of your investments shrinking away every day. As soon as the first glimmer of hope and positivity returns to the markets, that'll be the time to invest, but that's so far away right now it's hardly worth even thinking about. 2022 is looking like a right off. It's a good year to just save into a savings account and look again at stocks after Christmas, there's sure to be plenty of bargains around and 2023 might be a better year.

The reality is people will probably continue to go to the pubs and cinema despite rising inflation. Unfortunately, the markets are in for a torrid time for the foreseeable future - the global sell off is unlikely to stop anytime soon, infact it may even accelerate. All stocks, with very few exceptions, are likely to continue to drop further over the coming weeks and possibly months. There's very little money to be made for longs right now. At some point, what goes down may eventually begin to go back up presenting a possible opportunity, but right now any talk of bull markets is a very, very long way off with so much sh*t going on in the world.

Polaris dont need the money. They're a huge company. Reducing their holding is unlikely to be about freeing up capital, it's more likely about de-risking their position/reducing exposure. It appears they see risk ahead, most likely the appeal and how the company intends to pay if they lose (and what that'll look like in terms of share price/stock dilution).

If anyone thought this company was going bust, it looks like it's good for at least the next 30 years - that kind of reassurance should give investors the confidence to invest.

Simply Wall Street says Kier Group is trading 82.5% below fair value
They have fair value at £4.33
This does seem incredibly cheap @ 75p? No?

https://simplywall.st/stocks/gb/capital-goods/lse-kie/kier-group-shares

I'm just stating the obvious - the markets are likely to be nervous with monkey pox cases rising fast across Europe, UK and the US. I'm not sure if there's a vaccine? It's possible this is a new vaccine resistant strain? If there is a vaccine it might not be that bad. If it's vaccine resistant and cases explode, the markets are in for a rough time.

https://www.standard.co.uk/news/uk/monkeypox-outbreak-uk-cases-rise-virus-joe-biden-europe-latest-update-b1001572.html?amp

There's no easy way of saying this but I think the markets are going to be spooked come Monday morning :

https://www.standard.co.uk/news/uk/monkeypox-outbreak-uk-cases-rise-virus-joe-biden-europe-latest-update-b1001572.html?amp