Member Info for HNS_77

In the middle of a crisis it is always hard to visualise the other side - this is the psychology of markets which is why prices drop and stay depressed for a period of time - that's how they react historically and will continue to which presents opportunities for investors to take advantage when shares in quality companies like Cine are on sale. I read an article today about Cine - it was published in July 2019 post Regal and since then nothing has fundamentally changed for Cine as a business other then Covid - back then it was being viewed as undervalued at 263p ( a price I expect many of us would be happy with) and a price target of 400p - I am sure I will get the usual responses about debt levels/covid/streaming etc - 65p is where this is likely to stay until we are out of this Covid storm - until then there isn't any significant driver for it to change. Those who give Cine a favourable outlook are already invested, Those who were holders pre crises have likely sold off already or waiting for the recovery and there are those waiting for material change to surface before investing and when that happens at scale the share price will likely return to historic levels - progress will be slow at time and we will also see the odd jump when large milestones in recovery present i.e. opening of cinemas , announcement of box office results etc - until then patience is what is needed and less obsessing over 2-3p movements here and there.

https://www.google.com/amp/s/amp.cnn.com/cnn/2021/01/01/opinions/covid-19-vaccine-rollout-us-sepkowitz/index.html

As important the U.K. market is for CINE the progress of Vaccinations in the US is what will turn the tide for this SP and opening cinemas/ studios releasing films - fortunately with trump leaving and the new administration promising 100m jabs in 100 days is a reason to be optimistic we will be in a good place by April

I have been following this bb since I made my first investment in Cine back in the October 20p days and it’s been very entertaining watching from the sidelines. Since then I have slowly topped up to £65k as my biggest hold I obviously want cine to do well. Of course as we all know the vaccine is essential to getting life back to normal but so is the ability to manage the spread as other countries have been able to do so successfully even without a vaccine

My view is this company remains seriously undervalued even at the current price and I would buy more if resources would allow

The idea that we will abandon cinema whilst other parts of the world safely manage living with the virus (and opening up cinemas) is ridiculous and whilst no one can predict the future once the US and U.K. get a handle on that strategy combined with whatever efficacy the vaccine shows this share will be worth holding on to for some time to come