Member Info for GreenKitty

Afternoon all,

Found this article https://www.fool.co.uk/investing/2020/11/24/cineworld-shares-are-rising-heres-what-im-doing/

Motley fool report is continuing to advise to avoid this share, they are just focusing on debt - just helping MM.

I'm just going to pop back later in a few weeks and I'm sure we will still be 60+ after shorters get burned .
GLA!

Agreed thats a £45.18K late buy so we should open up higher tomorrow :)
I am hoping more large buys coming throughout this week before RNS release
GLA !

I'm still holding at 145 after averaging down in October RI , looking for 200 end of this year which I believe is stable and realistic return . Also I heard on the lunchtime news there are plans to reduce quarantine time upon landing back to UK, only if you pay for your own covid test and test negative quarantine could be 5 days instead ? .

IMO only reducing 14 day quarantine and opening up air bridges before Xmas would really help this SP recover faster !

Hopefully that will entice people to travel more in next few months ? .

GLA!

Wow loving the SP rally today ....
I'm still holding at 58.79 so not looking bad now.
IMO market keeps launching news articles trying to short this SP , as in my previous post there are 10 major players who are heavily shorting this share.

Don't let them have yours :) .....hold and see it by the end of this year increase daily back at least towards £1 mark by Q2 next year. Well done to those who topped up on any drops in last few months.

GLA!

Hi all,

Doing a bit of usual market research and came across an article from City AM ( not the best newspsper in the world ) , but interesting reading to see they posted CINE as one of the most shorted shares out there , so expect more volatility because they want your shares .
Number of funds shorting this stock is 10!

https://www.cityam.com/struggling-cineworld-leads-the-list-of-10-most-shorted-uk-stocks/

GLA!

Think it's better to let this morning's drop settle a bit more first before I average down again. It's only been a few hours. Im not de-ramping, but in my opinion only, we need at least a few days to stabilise, then SP will just bob gently around until Q2 next year, so I won't bother watching it so much.

No problem just have to hold these a bit longer, but when films are out next summer and we are all vaccinated then boom happy days again .
GLA!

ARTICLE says they are closing up shop in UK but also renegotiating on rents ? . Sorry to sound silly but does that mean closures all of UK cinemas , hence SP crashing now? . I still holding too high

Still holding 58.791p....
Yes I should have averaged down recently on recent lows, but my money tied up in other shares.

I would be happy with £1 mark by year end, but likely that all depends on news of restructuring of debt ( they brought in AlixPartners to assess options). I am really hoping for an RNS in next few weeks which will help SP head again towards my goal of the £1 mark.

I was considering of topping up tomorrow - but in my opinion only think this SP will retrace a little then stabilize now for the next few weeks, until there is a plan what is going to happen after lockdown ends early Dec. I am not ramping or deramping, just think the recent upward large rises is running out of steam now.
Well done to those profited on the recent rises !

GLA !

Hi All,

Good to see great rise today, almost the 6p mark at one point today ...

Not ramping or deramping but a reminder that we are in the indicative timelines as per their November presentation so I am really hoping to see a jump to SP 7p soon ( yes I am happy to take any positive rises before Xmas).

https://asiametresources.com/wp-content/uploads/2020/11/201111-Asiamet-NOV-2020-Presentation.pdf

Reminder the plan was by Mid Nov 2020 :
-Regulatory approvals
-Underwriter Valuations
-SPA document (Sales & Purchase Agreement)
-Execution of SPA
-Shareholder approval going into Mid December period before Xmas (Asiamet to seek shareholder approval following execution of the SPA)

So I am still holding and hoping we can stick to the November timeframe - Bring on the RNS asap please ! .

GLA !

I did manage to buy my taster £10K at 12.15p....then I left watching it around 13p...very nice ....then I come back at COB and it's yo yo today. I would've like to seen it close at least a solid stable 12p, ready for rest of this week. Does anyone know what the happened today? Sorry new to this share, hence did I miss something to make it retrace so fast back down ( apart from obvious lots of sells).
GLA !

What a difference a week makes ! I looked into this share for partial research this last week on 02nd November around the 7p mark, I didn't jump on it (loaded up more on another share which is waiting for imminent news) . Then by Friday last week - arrgghh CHAR it's already at 11p !

Not sure if I have missed the boat for short term gains ie by Q1 2021?, but I will watch the SP in the morning to see if there any slight dips to get into this. Since there were so many buys late friday, In my opinion only, the SP opening price will be too high. Tomorrow morning, I was thinking of dipping a toe in, maybe a small £10K buy to test the waters.
In my own opinion only - CHAR will soon, in the run up to year end 2020, will release an RNS to confirm that the two initial Engagement of Interest Letters from the financial institutions (late OCT RNS) have now developed into something more legally concrete? Resulting in CHAR having confirmed huge amounts of funding for projects going into 2021?
Hey I might be totally wrong and just throwing £10K out the window tomorrow - and have to deal with a retrace, but that's the risk of trading in shares.
GLA !

Just topped up with more shares at 4.17 to be prepared for exciting news next week !

GLA

Positive to see SP going higher and higher hopefully next week smash the £100 Mark:)

Thank you Newfish - I will take a peek . I try to have a diverse portfolio . Honestly I am doing poor on IAG airlines and CINE ( but will just hold out longer for those when world goes back to normal) . BUT I did rustle up some money yesterday and put in a pre order for tomorrow market opening for Just Eat (JET) . Lockdown in England - especially in London will be hard again, especially now 4 weeks ! . We all can't go out again, not to restaurants, so I took a punt thinking logic is that lots of people will start ordering food delivery in ...and Just Eat will IMO only hopefully make a bundle up to Xmas ? .

Just in my opinion, please DYOR , just my way of trying to seize an opportunity.

GLA !

I'm hoping it will be on time , I've been looking forward to another big SP rise next week (7p?) with the transfer of the non deposit $10 million . I'm holding at 5p in normal trading account and 4.22p in ISA.

In my opinion only , the new lockdown schedulled for next week Thursday for 1 month in England shouldn't really impact the deadline of confirmation RNS news, as global financial businesses are still up and running transferring money as usual.

I will be daily searching for articles online for updates to share, in case any news may be leaked before an official RNS is launched .

GLA!

I've placed a pre buy order yesterday with iweb account, so just waiting for Monday morning markets opening.

England now also in lock down starting next Thursday, hence I honestly believe this is a good opportunity to buy in before this SP starts rocketing up . People need to eat , and with restaurants closed and so many companies available on Just Eat, I'm hoping by end if the year there will be a decent quick profits, SP imo up to 10k easily ?

GLA !

Just popped back in to check once in a while as I am still holding at 58.79, so holding medium term until Q2 next year when cinemas open up properly hopefully . I was planning to top up more to average down here for mid term. To give a balanced view , I am not ramping or shorting but article today, market seems to still think CINE is still a risky share to average down or throw more money into it right now. Too much shorting still happening.

Article writes that "Cineworld is currently the second most shorted stock in the UK. In other words, hedge funds expect the share price to fall."

https://www.fool.co.uk/investing/2020/10/21/easyjet-iag-and-cineworld-shares-what-id-do-now/

In my opinion only , there are a few other shares out there with faster returns. I got into Boohoo today and I will give that the same time few months same as Cine, that will be a faster % ROI return.

So if you are still holding CINE as high as me, in my opinion only , there is not much to do really, until decent RNS on UK market blockbuster releases confirmed in new year. I will pop back in few months, but very positive the SP will eventually go up properly >50p next year .

GLA

Maybe I'm being too optimistic for double SP by Q2 next year, very true . By Q2 next year I will cash out with whatever profits I can get , take any top slice decent profits on the way .

If it drops down say down to 195 as your example , I'll happily wait ride out the dip , try to top up on any dips on way down.

In my opinion only , lockdowns are continuing across the nation and Christmas is coming , more people shopping online .

But if I see it really crashing ( ie below 180 without news of potential recovery/ action plan from BOD, then of course I will cut losses and just move onto another share). Win some / sometimes loss on some, but thats the risk of trading and any investment?

This will be just one of a diverse share portfolio I am holding. I know I will not always be up on every SP company .

GLA

I'm hoping to hold until double ideally .
School fees to pay for next year by Q2 for the little darlings so every little helps .

I am new investor in this . Not ramping or de-ramping, just taking advantage of the current dip and potential opportunity to make money ( why we are all on here right ? ).

I saw an article last night which suggests bounce back can be easily achieved, so I invested this morning in at 251.

Just sharing the article:
https://www.fool.co.uk/investing/2020/10/20/3-reasons-why-im-still-positive-on-the-boohoo-share-price-despite-the-15-fall-yesterday/

GLA