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Hi all, just looking for insight on what you believe the price may be in 12 months time, and what you would like it to be too?
I'd like to see £4.30 - £4.40 by this time next year, but realistically I think the share price may creep just above £4 but with dividends reinstated for H2 2022.
The general sentiment from lockdown news - Whole of the UK looking like they'll be in tiers 2/3. The FTSE is half a percent down too.
Upwards we go!
https://www.cnbc.com/2020/11/09/covid-vaccine-pfizer-drug-is-more-than-90percent-effective-in-preventing-infection.html
250 ish seems the general consensus, but this almost entirely relies on the government's whip, to be honest. Worst case scenario, we might see governments keeping distancing measures in place until 2022, which will restrict capacity to some degree.
Can definitely see 250p+, wouldn't rule out a rise to 300p by the end of 2021, but I think that depends on how mobilised governments are with regards to vaccine distribution and how quickly they start allowing travel domestically to full capacity?
What's everyone's opinion on what the share price could reach this time next year? (Q4 2021)
As expected, a 10-15% drop at most. Plenty of people buying back this time around in anticipation for the vaccine in spring.
I'm one of probably a few here that have opted to bail out of CINE and buy into NEX - Will be looking to increase my holding here over the next few months. Currently holding at 1.50 ish and fully expect for this stock to double in price within 18-24 months.
Any other safe haven recovery stocks I should be looking into? Seems like an interesting board compared to CINE now which is just overflow!
I agree looks like the delay had been priced in alongside the UK national lockdown fears. Will probably top up if we reach low 30s
You mean bought back lol?
Onwards and upwards matey
I would happily top up more, but I have a healthy amount of money invested here.
You're right, can't really regret the blunders as long as you're happy to buyback. At the end of the day, profit is profit, and if you exit in the green going long, you can't be disappointed :)
Just made a blunder and sold expecting this to drop further. I've bought back now and intend to just leave it be for a minimum 3 months - There is more than enough news in the pipeline to still expect a big profit 3 months from now, no need to panic. Don't copy what I have done as I lost 15% of my potential profits!!!
If vaccine news arrives proving safe & effective before December, I'd say we could see the SP get in that direction. Personally I don't see quite £1 by that point, but 70-80p would be a pretty modest prediction, as long as the current USA cases/deaths remain on a downward trend and news of a vaccine is received "on time" i.e. October/November. Nothing stopping the market from getting worse before it gets better but I'm long and this time in 12 months the share will be a different story (£1.20-£1.50 would be nice to see!)
Nice bit of info here for anyone interested, not sure if it's already been posted in this forum but hey-ho.
https://www.ig.com/uk/news-and-trade-ideas/can-cineworld-shares-put-on-a-show-as-theatres-reopen-200729
Just topped up at 53p - Can definitely see signs of strong support around the 50 mark, so wouldn't be surprised if we saw a bull run in the next 2-3 weeks
The fear from cases surging is keeping this below the 65-75p range. Hopefully, once things open up we start to see a change in confidence from both investors and cinema-goers.
Can't see it going much lower now (Maybe low 50s high 40s, a good chance to increase my holding?).
Averaging around 75p at the moment but I'm wondering if it'll be worth bringing my average price down and adding a few thousand more shares?
I'm curious as to whether this will be back at £1 before Christmas as I hope to sell in the spring once things (Should) finally be reaching the light end of the tunnel.
Thoughts?
I think a good portion of the deal exit has been priced in so I can't imagine a dramatic drop into the 40s happening, but i wouldn't rule out a visit to the low 50s during the next week or so.
Only my opinion obviously, and I will be holding until September/October before I consider taking profits or if that's not the case I'll be keeping hold long term until next summer.
(Averaging around 75p)