Member Info for Hosai

Why would they do a rights issue now? In the worst case it would be sometime early next year, rights issues aren't necassarily as bad as people think. Obviously your shares getting diluted is bad if you don't subscribe, but equally the company gains cash which means if you hold you will eventually benefit from in the future assuming cinema survived potentially meaning neither a net gain or loss.
From what I can tell in the very unlikely worst case that cine lost the lawsuit and had to pay everything cineplex asking for, they would still have slightly less debt than AMC. Who are currently around 50% of their pre-covid sp whereas cineworld are at 20%.

It's crazy, amc now at 55% of pre-covid price but cineworld at 20%.

Do you have much understanding of their debt deal Jenks? Sounded like they had reduced it with a deal, wasn't clear if this had impacted shareholders...seems too good to be true but that's what it appeared to be?

*footfall

Cine don't seem too worried about footall of they would have passed on the vat cut to the customer, instead charging normal prices but will be able to claim it back later from the gov for every ticket sold up until 12th Jan.

Are you sure about shorters being more knowledgeable? Have you not been on WSB...it's basically a stream of posts from people who have shorted companies and then lost tons of money when companies sp has risen. They have a community where they jokingly congratulate each other for losing money.

People are losing fear of the term "second wave" because it's losing all meaning, as scientists keep pointing out.

A lot of people have said that companies that have opened or announced results over the last 6 weeks have seen a sp decline, however it's a slightly flawed analysis as they all did it during a declining bear market.

Sounds like "disasterous financials" are priced in, I guess anything better and we'll see a decent uptick!

I thought the "second wave" was something they wanted to keep in their back pocket to scare us with for the winter but they seem to have brought it out early. Most of the cases in people aged 15-40. It might sound far-fetched but perhaps we should actually encourage healthy people in this age group to go out and meet for a few weeks but avoid older people for 3-4 weeks, young people are at very low risk and aslong as they didn't live with elderly parents or work with older people you would get minimal deaths and an awful lot of immunity.

Can anyone make head or tail of AMC's debt deal? https://deadline.com/2020/07/amc-entertainment-debt-exchange-restructuring-industry-uncertaint-1202995698/

AMC at 53.61% of their pre-covid price with more debt than cineworld. If cineworld had this ratio to it's pre-covid price it would be at 101.86p.

@Damo Florida cases don't look that bad alteast according to worldometer, showing a slight fall. Texas and California too.
https://www.worldometers.info/coronavirus/usa/florida/
https://www.worldometers.info/coronavirus/usa/texas/
https://www.worldometers.info/coronavirus/usa/california/
Deaths will rise a couple more days before the lag catches up with the peak in cases. For whatever reason, perhaps better treatments, younger people, more testing or even the virus weakened the deaths per case ratio is no-where near what it was a few months ago.

Maybe Unhinged will do quite well despite not amazing imbd rating just coz it sounds quite a crazy premise and people want to be taken away from a world of covid news for a bit, I might go see it for that reason...

I think for one's mental health one has to take breaks from the cineworld sp. If you've decided you will hold for a year there's not that much point in constantly checking anyway, though I do it mostly because I'm bored.

In normal times sure...but this is after a period where people have been forced/strongly encouraged to stay at home for 4 months aswell as forced to save money against their will. The pent up desire to get out and do things will hopefully give the cinema a form of "Indian summer".

I was the same, could only rustle up a token £200 at 37p. Will barely move my average around 67.5p but wanted to be part of the club.

AMC are above 50 percent...cineworld around 22% of pre-covid price despite less debt...seems like cineworld is undervalued a lot.

Wingingit was right about the bull run...just not quite in the circumstances we wanted!

Didn't think we would touch 40p again today...just goes to show the faster it falls the faster it snaps back.