Regals probably were run down,making them the perfect target for Cineworld,who basically give run down cinemas the Gordan Ramsey treatment lol,knowing that revenues will increase from higher volumes and revenues from offering first class venues and service. Do you ever experience Cineworld venues?
I dont know anything about cinemark can you substantiate your comment that they're better quality than cineworld ? Cineworld always upgrade their purchases knowing that customers are happy to pay slightly more for an improved experience.
I think the market trends are good,if the company was struggling with the debt of its well timed(imo) US purchase then why would they be paying out a special dividend? I think its a smart company thats timed its deals well in a period of low interest rates. https://www.sharecast.com/news/broker-recommendations/berenberg-reiterates-buy-rating-on-cineworld--6997756.html Since link above things have definitely been on the up with viewings which were naturally going to be boosted at this time with line up of films. Hedge funds timed their short position well with low volumes of trading during the summer without major releases but profits will be taken and theyre going to have to rebuy before results come out imo,so get ready for the upward spike!
Cashed out today 421.6p,majority bought at 404.58 rest at 406p. Looks like Brexits going to get dragged out,I doubt if labour will go for an election,therefore not much likelyhood of aviva pickup at present. Will start buying back gradually,potential to drop back to 360p,Buyback range 360-405p in steps.
No worries will get a table update done sometime by Sunday. With regards to solo ,using google finance final figure,I make it you are currently 34.4% up,so starting year with say 1000 pounds,you will proceed with 1344 pounds of scirocco for calculation purposes when it opens(please update if you get news on this).
I have three favourite shares cineworld,aviva and legal & general. Legal and general,Ive sold just now and Yesterday. Aviva Im back in today after a long period out. Profit levels are at an impressive level compared to previous years,dividend 8% and a pe of 7 with low pegs as well. Alot of criticism thrown at aviva for internally promoting a long term worker as head,but sometimes these are the best and I think the figures are proving this. With an eps of around 58p plenty of potential for further dividend increases.
Yes I like cineworld for a number of reasons. Impressive expansion,focusing on one country at a time,now America. Cinemas are done up to give best experience for customer. Sensible dividend ratio which pays out quarterly just two weeks after going ex.