Member Info for InsiderInfo28

Patience ran out in the end, best of luck to everyone with the patience to carry on, it will go up and up a lot - problem is when.

27th August 2020 the share price was 62.5p

Here we are almost 12 full months later at 62.32p

This has to be the most soul destroying share I’ve ever been involved in. Only one person on this board that I’ve seen over the period seemed to know what he was doing and timing his exit perfectly and that was NO FEAR, wish to hell we had all followed his lead!

Seen a few saying the same and selling up here and moving the funds on to other shares and when you look at the figures from 12 months ago to now you can see why.

We are only following the FTSE250, we will likely go back up as quick as we went down due to the usual and inevitable market over reaction.

Plus I think you’re all forgetting something? We’ve the £1 RNS coming any time in the next 58min... exciting times.

Cineworld USA is currently sitting at equivalent of 66p and rising which bodes very well for tomorrow as they almost always mirror each other.

Tomorrow is going to be a very good day.

All very true, god I think im turning more into you FunInvestor by the day, used to be positive with this share and optimistic that the next day would be better but this is draining the life out of me. Agree, best stuck in a drawer and forgot about, can’t see it going much lower so hopefully this is the bottom we are at now....hopefully..... Probably be 50p tomorrow....!

I’d have my doubts on any positive RNS, feels like forever since we last had a positive one, even any kind of increase in holding.

I’m still personally very surprised Jhango don’t appear to have topped up over the last month but equally they haven’t decreased so that’s positive in itself.

Waiting game, a long long waiting game as it’s turning out.

Share price has barely moved since 11.50am, looks like a big order to be filled.

Just been stuck in low to mid 60 for what feels like an eternity with nothing of note to get us worried of excited, for what was one of markets most exciting shares and constantly jumping up and down it’s become one of the most boring and appears stagnant with little movement or cause for movement.

Problem is, nobody wants to sell up and move on as they know this is likely to bounce hard but nobody knows when so you’ve the fear of missing the boat if you sell.

Someone really doesn’t want this to go through 64p, each time we get to it they push it back down. Interested to see where we go when we do go through 64p without being pushed back down.

Was covered in the results last week, they don’t exactly sound too worried by the case - on the contrary if Cineworld can prove the deal collapsed due to Cineplex sticking to the agreed terms then its Cineplex who will owe us money and be forced to cover our legal costs.

“ Following Cineworld's termination on 12 June 2020 of the Arrangement Agreement relating to its proposed acquisition of Cineplex Inc. ("Cineplex"), Cineplex initiated proceedings against Cineworld. The proceedings allege that Cineworld breached its obligations under the Arrangement Agreement and/or duty of good faith and honest contractual performance. Cineworld is defending its position. The Group terminated the Arrangement Agreement because Cineplex breached a number of its covenants under the Arrangement Agreement and could not meet certain conditions necessary for closing. Cineplex did not remedy its breaches when given the opportunity to do so. As of the date of these financial statements, the Directors are of the view that no material liability will arise in respect of this claim”

How to make friends and influence people by LHall.

Thanks for your review Lhall, however if I’m looking for advice on how to become popular on here it’s safe to say I won’t be coming to you for it.

Copying post titles again Clampit?

What happened to the 50-55p yesterday your NEARLY 40 years of experience told you would happen??

You really really don’t have a clue do you? The fact you can’t even think of a title for your own post to your pathetic 50-55p predictions highlights this to everyone.

Completely clueless.

I’ll give you some free advice, if you don’t speak nobody will know you’re stupid.

Couldn’t agree more. It’s one of the things that when resolved, if favourable, should be reflected positively on the share price.

From the wording of that we appear very confident in our stance that we have no case to answer so hopefully that’s promising .

FunInvestor, was mention of it in section 16. Basically as we were though, confidence in our legal standing to back out deal.

“ Following Cineworld's termination on 12 June 2020 of the Arrangement Agreement relating to its proposed acquisition of Cineplex Inc. ("Cineplex"), Cineplex initiated proceedings against Cineworld. The proceedings allege that Cineworld breached its obligations under the Arrangement Agreement and/or duty of good faith and honest contractual performance. Cineworld is defending its position. The Group terminated the Arrangement Agreement because Cineplex breached a number of its covenants under the Arrangement Agreement and could not meet certain conditions necessary for closing. Cineplex did not remedy its breaches when given the opportunity to do so. As of the date of these financial statements, the Directors are of the view that no material liability will arise in respect of this claim”

Inbox me?! Wee soul, you’re just looking for a pen pal aren’t you?

Talk to me, please, anyone? Hello?

Is your wee top shares tip written in crayon?

Look at poor wee Ade, just wants people to react to him so he has someone to interact with him, wee soul.

Is a sign his mother never gave him enough cuddles when he was young. He’s more to be pitied than anything else - poor wee guy.

Big order being filled just now

Ade, has your carer never taken you a cinema in the last 20 years?

When we break 70p thats a tidal turning point as is the main point of resistance, when breached we have a lot of clear blue waters ahead until the next major resistance point - when we break 70p I expect it to move quickly.