Prime takeover target8 Jul 2021 14:37
Cineworld is currently a prime target for a takeover attempt with its currently market value IMO.
Should any of the afore mentioned companies ie. Netflix, Amazon etc be contemplating a takeover attempt for a cinema chain, now would be the time to make your move (there is a lot of sense in them buying a cinema chain in that they’d have best of both worlds).
Even taking into account the negatives of this company (and there are a few) and it’s debt levels, it is, without doubt currently under valued at his current share price levels.
It’s my opinion that should any takeover attempt have been considered, it will be made very soon and for that reason I’m now invested in this as at these prices, takeover attempt or not, this price can’t fail to make you money.
GLA and DYOR.