Hand sanitizer and surface cleaner company Byotrol had a strong 2020 and are confident about 2021 Watch Now
There is no evidence of any agenda. - This is his main story clearly and he is making sure it is heard. He is a journalist and that is how journalism works.
In terms of Boohoo, they have NOT been exonerated completely. Massive failings have been discovered and the report itself is pretty damning. I'm sure you've read it though to ascertain that. Nothing criminal was discovered but huge failings in process and corporate governance was shared in the QC report. Effectively, they were aware there were some really shocking issues but they decided to ignore it, even when warned internally via email of a possible $hitstorm in the media if things got out......well things did get out.
So step back and look at the bigger picture. Boohoo are acting like grown ups and have acknowledged their failings and therefore so should it's shareholders.
Let's be grown ups about it.
He's a journalist, it's his job.
Without this exposure, none of us would have had the gift of buying as low as we did, me included.
Without this exposure, the Leicester issue wouldn't have come to light, forcing changes at Boohoo and kicking authorities up the bum to enact changes.
Now we are shareholders in a growth stock on a much lower average and hopefully things too with change for the better in Leicester and it's residents.
Hate on the guy all you want, but it's done a lot of good. Whistleblowers should be applauded, not attacked.
Wasn't this you just 3 weeks ago when the Sp was 63p?
Posted in: CINE
RE: 'Hard Bounce' predicted here by Peel Hunt - target 180p01 Sep 2020 06:03
US futures up, so think s good day ahead in certain places ;-)))) will be very interested to see the first read on Tenet viewing nrs
Strange, MrNation was previously calling this the recovery of the century - the guy’s a guesser, and we all know what happens to guessers;-))) bit similar to assuming ;-)))) 3 recovery plays on my portfolio right now - CPI, NEX and CINE. The best thing about all this chaos is being able to pick up heavily discounted stock and profit nicely ;-))))
So that's at 63p, but then at 50p only 9 days later.....
Posted in: CINE
RE: I know its motley fool but10 Sep 2020 08:12
Johnny - couldn’t resist posting - what on earth are you talking about - Mr Bond is always a massive winner at the cinema - sounds like you need to get out more :-))))
In my local cinema I’ve seen some good nrs of people attending, which for me, is a great sign folks are returning to enjoy the whole cinema experience. And now with no further second lockdown on the cards, through effective management of the virus, think we’ll see growing nrs back to enjoy.
So that's at 50p, but then at 46p 9 days later.....
Posted in: CINE
Target19 Sep 2020 06:49
As every day passes, I can very well see CINE being a strong target for takeover. Governments around the world simply cannot afford another complete lockdown, hence why they are now raking a more structured approach, to avoid further damage. Governments need to keep revenue coming in, and that’s why we’ll see continued strong control and not wholesale lockdown. And even with all the doom and gloom, the sp has held up, so no doubt about it, 24/9 will see a significant leg up and then expect very significant rise over the next 6 months as the world stabilises, based on greatly increased testing and vaccine availability. The rise will be like flicking a switch imo.
I remember reading ridiculous posts on WMH saying bankruptcy inevitable etc etc, purchased stock at 42p, left in the bottom drawer, didn’t even post on the BB, or continue reading the drivel, and now look where it is ;-))))
And then, only 4 days later at 41p yesterday....
Posted in: CINE
Cinema goliath24 Sep 2020 17:12
Back in - Governments simply wont go into another full lockdown, as that would wreak wide ranging havoc with economies, and destroy businesses, which would in turn ruin tax revenue streams. Governments want to make sure economies grow, and people enjoy a more balanced life, .....
You never sold and got back in, you've been holding all this time on the way down LoL. Full of that gooey brown stuff you are mate :-)))))))
Oh look, my
William Hill has had a takeover bid and now the Cineworld crew are having thoughts and dreams about the buy-out life. That is all.
Kinda like me having dreams about willing the Euromillions tonight.
We can all dream right?
"We're just doing our bit to defend the good name of Cineworld who has been battered by the Covid-19 pandemic."
Dude, Cineworld doesn't need cheerleaders. We're here to make money, not defends Cineworlds honor.
Talking Cineworld up like she's Cinderella when in fact she's one of the step sisters does nobody any good, least of all you and your bank balance.
I tried to be clear "around these levels is probably a decent buy, if you DON'T fear a dilution and you entirely bet on a vaccine saving cineworld from it's woes"
30p range is a good buy if you fear dilution and then want to hold out for a vaccine, sometime in the next year, on a all or nothing binary bet on Cineworld considering the vaccine.
40p range is a good buy if you do not fear dilution and want to hold out for an even riskier bet, a vaccine being announced in and made available in the next few months which will make it rocket.
I do not see Cineworld going under at all. It's either dilution whilst it fights to survive till the vaccine comes out, or the vaccine comes out sooner, prior to needing dilution. That's how I see it anyway.
What a dumb ass attempt to troll. Seriously.
The price is going up because nothing moves in a straight line. The price is going up because there are still buyers at this level. The prices is going up because it is coming off a very low day and logic states that there are more buyers than sellers at this level, trying to find what they consider to be a bargain.
Don't look at the day to day, that's dumb. Bunch of guys here getting hard ons when it went up 12% the day before the RNS, the lines of NardNiles calling me out again, for it to sink on the RNS the very next day by 15%!
If you think this share is gonna go up longer term, buy, based on your own research. Corroborate or prove wrong the fluff on this board. Either way, everything here is opinion.
It is up to each investor to sift through the rhetoric, the opinions, do their own due diligence and execute accordingly.
That being said, don't listen to a word NardNiles says. That guy likes buying at spikes. Add Bolox to that list. and Laidback and the muir01.
Out of all the rampers, I only think RS2002 puts in any decent effort to back up his claims with some research. But like all rampers, he isn't infallible to not seeing the woods from the trees chasing after the honey.
It's really now a bet on a vaccine at this stage. Who wants to play roulette?
Hence why I said, around these levels is probably a decent buy, if you don't fear a dilution and you entirely bet on a vaccine saving cineworld from it's woes.
Issue has been exposed, acknowledged and a plan of action is now in place to address and fulfill all the reviews recommendations.
In terms of next week, well who wants to be out before what is expected to be stellar results. Not me.
Wait for the mid 30's and buy in with an amount you can 100% afford to lose.
Something I am considering. a £10k punt in the 30's and let's call it what it is, a punt. It is literally a 50-50 bet on a vaccine in the next several months as that's the only thing that can stop this business death spiral.
Should at least double your money to the 60's.
In terms of £1+, forget it, factor in any potential dilution, the massive debt level that will take years to manage back to normal levels and you have Brexit, renewed push on PVOD and other headwinds to contend with, you won't see £1 anytime soon.
Unfortunately for those like @NardNiles sitting on £1+, it'll likely be years before you even break even.
You lost all credibility when you said " I managed to bring my avg down from 80p to 53p."
You were on a 50% loss before you averaged down and still on a 27% loss.
Of course, rampers will clap at your musings.
Cineworld is dependent on movies. They are the bread and butter of the business. Big movies mean big business. The fact that cinemas were allowed to open for 2 months, yet timed their opening to Tenet, is a testament to that.
The recent RNS is also a testament to that:
You also seem to have selective memory. Thankfully, I can remind you, in writing. Please refer to yesterdays RNS....The RNS today clearly stated two bits of information...
1. "There can be no certainty as to the future impact of COVID-19 on the Group. If Governments were to strengthen restrictions on social gathering, which may therefore oblige us to close our estate again or further push back movie releases, it would have a negative impact on our financial performance and likely require the need to raise additional liquidity."
2. "We are encouraged by our recent performance in our newly reopened markets, in particular the good performance of Tenet earlier this month. We are excited by upcoming films for 2020 which include 'Wonder Woman 1984'; 'Black Widow'; the latest James Bond 'No Time To Die'; 'Dune'; 'West Side Story'; 'Soul' (new Pixar); 'Death on the Nile' and many more."
So clearly the RNS was written BEFORE both the new UK lock down measures, and the Disney announcement to delay the superhero movie "Black Widow" and Steven Spielberg's "West Side Story" to summer 2021, both of which happened over the last several days.
No business will run towards the end of the tank, especially within a hostile and uncertain operating environment. We are about to head into Winter, where the fear is the US and others will again experience another wave of Covid-19.
Europe is also seeing that resurgence and the west is preparing for what happens next.
We have Brexit headwinds to contend with in the UK too.
Indeed, most news outlets covering the stock yesterday based off of the RNS, ran with the headline that Cineworld may be looking to raise cash if things don't improve. I don't see the next few months being favourable to Cineworlds performance, especially as they are ramping up global opening in an environment where there is hardly any blockbusters to show.
To me it's all but certain that there will be cash raising exercise this side of the year.
The argument that "people are fed up at home" is no longer valid....
1. No-one is following the rules anyway, hence why the virus is re-surging. Take a look around you, does it look like people give a toss? Nope, young in's are living their life as per normal.
2. The "fed up at home" argument was used prior to the Tenet release and the box office figures are lackluster. Tenet couldn't do it and neither will Bond.
3. Tenet was the only blockbuster at the time and again, brought in lackluster figures globally.
4. No guarantee Bond will not be moved. It is still 2 months away. Plenty of time for MGM to decide to shift it, especially with Europe tracking higher with Covid.
5. The UK is a big fish when it comes to revenue from the box office. 75% of screens for Regal are in the US and just over 10% in the UK, but for the last Bond movie at least, you're looking at a 40% coming from the UK!
It's the outdoors people crave, not sitting in a different room to their netflix room during a pandemic.
James Bond Spectre box office takings are as follows:
Spectre grossed $880.7 million worldwide; $135.5 million of the takings were generated from the UK market and $200.1 million from North America
Regal have a 28% market share in North America and a 21% market share in the UK.
So we can estimate, if the results of the new Bond were to be in line with the previous release and that is a big if, that Cineworld's take during the entire run, during a normal run period, would be something like $38m from North America and $28.5 from the UK, that's excluding concessions. So that's $66.5m over a normal theatrical run, which is something like 3 months or so?
Of course the take is going to be less as Covid-19 is rearing it's ugly head again in Europe and the Tenet figures in the US suggest punters aren't quite ready to take that risk as they used to.
It is estimated by Fitch Ratings that Cineworlds cash burn is $50m a month.
Yep, dilution inbound. Without the steady constant stream of multiple blockbusters, the writing is on the wall for a cash call.
Is that the best you could come up with? Gosh, you can do better than that. I was having fun with the tit for tat. Step up your game fella.
Hope you didn't get a hard on at the rise today. Cineworld has a tendency to rise up for no reason and then drop back down once fundamentals kick in again.
Once the dilution gets announced, I'll potentially join you at the party. Don't worry, I'll buy you a round of drinks to drown your sorrows on your likely 30%-40% dilution.
Upset, yes, sick as a dog no. Profit is profit and very happy to still be making lots of money in the current climate.
I would be yacking into a bucket though if I had bought at £1 in Cineworld and saw it currently at 45p, remind you of anyone @NardNiles ..... @LargePiles......of losses