The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Clued - common equity shareholders are always last in the queue if this goes in admin so you are like to receive receive nothing. Zilch. Zero.
downbutnotout - give it a rest, this share is worth 0, no kind of support will help this slide into abyss tomorrow. No PE firm in their right mind frame will cough up $9b for debt here. This will go into admin and come back as a new avatar for some more action.
Penta - newbies and idiots with money bigger than their pockets are buying this dead dog! You will be surprised but there are some really stupid people out there with so much money!
The real maths is $5b at 9,500 screen, how much debt per screen LEOLEO?
This might be 0p tomorrow for all you know. This business has $5b debt, To put that in context Asda is worth about $7b.
ProfitJock - thank god I am not a newbie and have years of experience to understand your apparent bullc**p of ramping. You are not doing anyone favour by losing them money. Holding this overnight is like holding a poisonous chalice. My one advice to newbies, this is NOT a bargain, this is a dead cat (and has been for past 2 years). Just take a look at the short chart, shorts never closed as they knew this business is not worth anything.
BIG RED WARNING: Do not fall into the trap, you will lose everything. I have been there many years ago with GAME.co.uk and it was just like this!!
At 8.20p, the mcap is £112m, that's still £112m higher.
RS2002 is comparing Warner Bros' debt to Cineworld's debt and tells us it is 10x. Warner bros is one of the biggest media houses in the world, Cineworld is just junk.
RS2002 has truly lost his mind :)
Real value here is 0p so if you want something back for your shares, worth getting out now! Usually, you dont have to wait long after RNS like this morning. Bandage is about to be ripped off and it is going to burn!
RS2002 - you are deluded. I strongly advised any newbie here NOT to invest in this dumpster fire. It is utter nonsense that Cineworld has any future in its current state. It is most likely sold for nothing and the new owner will reap any benefit that is left!
I have no other option but to vote against this JOKE of an offer and the incompetent BOD. Utter non-sense this!
I have been shafted previously by AA, Bacanora and Talktalk which also went for next to nothing. UK company directors are spineless when it comes to delivering value to their shareholders!!
Recommend cash offer of 110p. I am furious, Ted Baker is going to one of the largest fashion brand business for peanuts!! This is the second company in last few months I owned that went for next to nothing. I owned Bacanora Lithium which Chinese took for peanuts! Ted is a least worth 200p!
Nice to see Royal Mail getting back at out of touch unions who these days want to go to strike at every opportunity! Strikes are already baked into the SP in my opinion!
Tight spread is always a confident sign from MMs that they are happy to hold these gems and sell it at a much higher levels as demand go through the roof. Its a tactic to sweep the cheap shares in the market IMO. I am awaiting 40p here before I even think about selling. Shell doesn't do farm-outs with any old joe. They know the value and success that lie here, both licenses!
Pensacola will.e a game changer for Deltic, Shell and the UK. We don't have to wait long, just a month away. We will slowly build towards 10p here. We are only a £45m business cutrently, Just bonkers as business case is there. Super excited!!
I would say no downside, in fact probably 100p once NEXT realises the potentially and start building stake here! Amazing British brand with great future.
The most high profile drill of this year. Imagine if Shell and Deltic pull this off. UK Govt will be all over providing the required support. Come on Shell, deliver it for us LTH and UK public!!
Couldn't agree more. Where was the press when Centrica was in the dumps past 5 years and sp depressed to 45p? Finally some respite for the LTH here. We should break 100p soon. Long and strong!
These two Deltic wells could change UK gas situation in a jiffy! Exciting times ahead. First well coming up in September and as Russia gas new increase the prices, momentum will build here and take sp to 5p and above ahead of the drill IMO. GL all.