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Moody in his video, mentions that he expects more consolidation in the movie industry. The only real area this can occur is for someone to buy a cinema chain. With Walmart owning 160 drive in cinemas and no main chain cinemas in their possession. Netflix only the one cinema. Disney not expected to make a profit on Disney+ till 2024 and only if subscribers tops 200 million and also if they pay for a year and not dip in and out that is occurring at present. As well as Amazon and Apple expanding their entertainment efforts. There are plenty of buyers out there. Cineworld does find itself exposed to potential takeover threats. The next few weeks and months will see if any of these companies strikes first to outwit their competitors. IMO
RE: This share will test your patience11 Jun 2021 13:12
I am not worried. Still in profit and wait to see this go up in a few weeks. Someone is slowly building up a stake. If this was going down then shorts would increase and investment banks will be up to their old tricks.
Never be a month extension on restrictions easing. Sunak will not approve that. He would do max two weeks, but with the business pushback getting stronger, even that is unlikely. The government is waiting on data for hospital admissions increase and will it affect nhs and also of those admissions the mortality rate. Infections will constantly rise and fall. Look at the common flu. They will more likely ease restrictions, but inside people will still have to wear masks and socially distance where possible, but not enforced.
They were telling the market the buy price for the Company. Basically had to be over £1.80. But in reality the SP had to be £3.80. The lack of any Q&A at the AGM might indicate talks ongoing with various parties. Unlike Adam Aaron of AMC whom is very vocal, not much has been forthcoming from Cineworld.
Rolls Royce makes their money through miles flown by planes. It will not be till 2024 till air traffic resumes to pre Covid levels. Tourism this Summer has been poleaxed. So RR sp will not recover till next summer.
Shorts still not closing, even though there is a good chance Amazon are in discussions with Mooky to buy Cineworld. They are hoping things fall through. The market did not anticipate the MGM sale and are now hoping that is enough for Amazon. Even though they bought MGM for the name and not much else. IMO
All new variants become less lethal to life. That is the whole point of them. They are living organisms and need live hosts to live. They adapt to survive and not kill their hosts. It will end up becoming like the common cold or flu. Only the really vulnerable we be killed as is every year. There will be annual flu jabs for this
What Reddit has done is make AMC owned by a majority of retail investors. The SP can plummet just as fast as it has risen. It also makes AMC a vastly difficult company to takeover and thus making Cineworld the prime target for Amazon and other companies eyeing up a cinema chain to have complete control of their customers from all ends of the entertainment spectrum. More shorts might close their positions like Highbridge capital did last week. IMO
RE: Honest opion needed on thus stock.30 May 2021 15:33
Most of the debt is rent arrangements. True debt is around $4.5 billion. Look at WB the dodgy spin off from AT&T. AT&T had debts of over $170 billion. Most tied into WB. Comcast has over $100 billion in debts. Most tied into Universal and NBC. Disney has net debt over $40 billion. Stemming largely from Fox takeover. Netflix had debts over $14 billion. Have since taken on $12 billion more. Amazon had debts of $25 billion. It still pours lots of revenue into expansion. MGM takeover the first part of creating Amazon entertainment which will separate from Amazon online shopping. Hence over the next few weeks will hear more about more takeovers in the entertainment world by Amazon. AMC will continue to rocket up the retail investors intend to short squeeze for all they are worth. Would not surprise me if American government loos to ban short selling practices in light of the market chaos this will cause. UK government could follow suit. IMO
American cases down by 22%. Uk from 2500 to 4000, I am not an expect at maths. But this does not seem to be treble or even double. Also main figure is hospitalisation. Where there is not any increase. In fact there is a reduction of Covid cases in UK and American hospitals.
AMC shooting up should impact Cineworld SP. shorts will be cautious about Reddit users switching and start buying up Cineworld shares as well. Also Cineworld is the prime takeover target for cinemas. Due to the low SP in comparison.
I feel hedge funds are controlling this far more as they cannot impact AMC anymore. There worry is a sudden announcement that Amazon have agreed to buy Cineworld or Reddit readers learn that they can buy Cineworld shares on the New York stock exchange. Till then they will try and suppress the SP till the shorts close.
EON productions and Barbara Broccoli control the Bond franchise. MGM only own the American distribution rights. They sold off the foreign rights to Universal studios. Amazon buying MGM for their back catalogue to me feels unnecessary. New content will drive subscriptions. I feel it will see Amazon buy a cinema chain and then they will split off Amazon entertainment as its own entity. To appease congress over monopolies. IMO.
RE: Amazon to buy cinema chain....26 May 2021 15:31
Cube world is a prime target for takeover. AMC would cost around $40 a share to buy with the ever increasing SP. putting it at around $20 billion to buy. Cineworld could be bought for around $4 billion and is maybe 5% smaller than AMC. At the moment shorts and hedge funds are manipulating stocks. The regulator authorities are showing how inept they are to regulate the markets. But as soon as news of Amazon’s approach to Mooky occurs, then even the MM’s will be powerless to stop the stock flying high. IMO