@Moola
If posting on a BB is pathetic, then you're insulting yourself too. Stop being pathetic.
Nothing wrong with changing position on a share with new news. Surely you're not advocating falling in love with a share and riding it out to oblivious.
When I was positive on this share, it went from 60p to £1
When I was negative on this share, it went down from £1 to the 46p it is now.
You call it flip flopping, I call it making money, banking profit, having the opportunity to do it again, if and when the fundamentals become favorable again. To each their own. Admit it, you're nursing a heavy loss and you've fallen in love with Cineworld. You can't bear the thought of losing her, even if she takes you to the cleaners.
@alasdairribbex.c
I mention far more than SP. You should go back and read my posts, new guy. To summaries Cineworld:
Debt based model. Huge $4b debt pile to service.
Only enough liquidity only till early 2021 assuming sites remain closed. Likely to need raise further cash soon.
Failure on debt covenants likely in December as outlined by Fitch Ratings.
Tenet take negotiated at 63%-37% in favor of Studios, with no guarantee that other studios won't negotiate the same terms.
Tenet not bringing in the numbers, causing WB to delay WW84 by another 2 months to Christmas.
Cinemas open, but running on a loss based on Tenet takings.
No blockbusters to show until Christmas apart from Bond, Black Widow and WW84
Analysts suggesting Disney+ experiment a huge success with Mulan on PVOD, but a huge flop in Chinese theaters.
Disney likely to move Black Widow to PVOD, further steering punters away from the cinema as PVOD experiment proves to be a success.
Universal deal with AMC limiting theatrical window to a few short weeks. Similar deal likely to be negotiated with other exhibitors. Studios have all the power right now.
No guarantee of a vaccine anytime soon and if it comes, it will take 6 months + to globally distribute. Either way, the need for Cineworld to raise cash is clear.
Lockdown type measure being re-instated in the UK, where 10% of Cineworlds sites are located. Talks of closing down hospitality and Leisure.
Second wave occurring in Europe, with the potential to spread further afield.
Autumn/Winter to come yet when we also have colds/flu to combat alongside Covid-19.
Pending multi billion court case with Cineplex
I think that covers everything.
@Moola
Please explain to everyone how little old me can influence a FTSE share, once worth billions, which has millions of shares, by posting on a this little old website which gets roughly only 1600 visits per day across the entire site.
@Mark44085
That is the funniest $hit I've read all day.
You're definitely a few fries short of a happy meal
Seriously
@Mark44085
For the benefit of the board members, you seem to be a guy in the know, how do you get "recruited". How does one become a "paid de-ramper"? Who are the employers? What's the salary range? Where does one send their CV?
Also tell us, what happens when you go to the edge of the flat Earth? Do you fall off?
Is the Earth 6000 years old only?
Are the British Royal Family lizards?
shorturl.at/adjlC
"It may be hard to believe, but this BB isn't life for 99.9% of us, like it is for you. "
Says the guy with 239 forum posts on the Cineworld board in the last 30 days to the guy with 72 posts on the Cineworld board in the past 30 days.
@PrayFor
Most people who use filters, lie. They're too curious to filter.
Why only Cineworld? Simple, my investments include Cineworld, Boohoo, Apple, Zoom, Microsoft, Alphabet.
My main holding right now is Boohoo, in which I have around £172k at present. One of the best growth shares you can hold during a pandemic!
@Mark44085
Of all my holdings, only the Cineworld board is active enough to post. So many rampers on the board. It's hard not to get discuss.
Boohoo, it's fairly unanimous there that the stock is far from being a Turkey. There are no alternate views, everyone is agreed it is a great growth share and therefore the discussion is boring.
US shares are long term holds. No1 really discusses them.
I only invest in a few companies at a time. That leaves Cineworld. My greatest single trade in 2020. I came back from my honeymoon in March from the Maldives and went on to make a great wedge on a recovery play there.
Since then, I am staying away from the majority of the market, aside from my safe US stocks and Boohoo. It's a bloodbath out there.
In terms of holding a balanced view. Balance is subjective. Right now the stock price is 80% down from January highs. Want to explain why the fundamentals of the business merit a higher SP without your tin foil hat on or has the market priced Cineworld correctly?
I will shift my tune if and when this company becomes investable. The Covid-19 situation is fluid. As your investment should be. Don't fall in love with a share. She will take your house and leave you holding the baby.
I am here because I have been an investor in Cineworld several times over the last year, having netted a very tasty profit in several trades of around £60k.
My investment decision in Cineworld required me to do and continue to do in depth research into Cineworld, I am therefore always invested, not in a monetary sense at this moment in time, but in a company and industry I have devoted time to learn and navigate whilst having been a shareholder and continue to do today.
That information doesn't go away. That research doesn't go away. That desire to continue to learn, to monitor the business, to have an interest, doesn't go away.
I have a right to have any view I like on a business, to speculate on any business, to comment on what I feel the state of affairs are. I am not here to stroke your ego.
Every business has a fair price at which point to invest.
Right now, I do not feel Cineworld is investable, but I follow it, should it become investable. The research continues. Day to day though, this share becomes more and more uninvestible but I follow it with a keen interest as it has been good to me in the past.
I called it right then, I feel I am calling it right now.
You can cry in your pram all you like, I am not going anywhere.
@mark_rs
So why are you here mate? You're upset because not everyone on this board is stroking your ego and telling you what a good investment you have made in Cineworld. Get over it.
That's not how public forum boards work.
"We're discussing because we want the price to go up!"
So let me get this straight, so if you, Saihaj and a few of the the rampers here start to hold hands and discuss, and all those with a negative view of the share disappear from this chat, the share price is magically going to go up because you guys are "discussing because we want the price to go up!"
Wow
This is a public forum for those interested in Cineworld, be it investors, speculators whatever, to share their views, positive, negative or neutral.
Debate/discussion should be welcomed, not discouraged. Take your tin hat foils off. No random punter on this forum board has all the answers or a monopoly on what is right and wrong. No average PI has the power to swing a FTSE share. Get over yourself.
If you're so positive about a share, whilst someone like me is negative about it, dish it back as good as you get, rather than crying about it and trying to silence them, or resort to childish things like name calling.
This isn't therapy. This isn't a place for all you rampers to hold hands and sing kumbaya.
Anyone can air their views, positive or negative. You wanna silence someone, shut them up with hard facts or filter them because you have no good comeback.
like myself, decided to buy between 50p-£1, during the first dip assuming that the Covid-19 induced drop would result in an amazing swing trade opportunity. - I would wager not many of you were Cineworld holders pre Covid-19.
The problem is, that swing trade has already happened. At it's lowest, the SP dropped to something like 17p and recovered to around £1 at which point it has since been continuing it's death spiral back down due to fundamentals.
People are still trying to buy the dip, without considering the sheer gravity of wtf is going on.
The way I see it, the dead cat bounce happened across the market as people bought the first dip, assuming things would be ok in the short term. Unfortunately the wind shifted and the gravity of the pandemic became known and many got locked in.
Luckily I got out, by following a simple practice, invest with your head, not your heart. Understand market dynamics, sentiment, FOMO, that kinda thing. Never go in big time after a dead cat bounce.
The problem now is, investors are locked in, blind sighted by the facts, and cling onto any glimmer of hope. The aim for most of you is not to make money yet no, but to first recover what is lost. That's a poor way to invest.
Ties you into a sinking ship and makes it harder to face reality as the SP continues it's death spiral whilst you psyche yourself up to the belief that maybe, just maybe, the impossible will happen and everyone who doesn't share your views is part of a secret conspiracy to manipulate a share by either shorting or by being paid to talk a share down on a random forum board. The tin hats come on. Simple psychology. Cognitive Dissonance...
Perhaps a vaccine will come tomorrow and we will spike
Perhaps the interim results won't be as bad as we think
Perhaps a studio will buy Cineworld
These are all bets, like being at a casino, not withstanding fundamentals of the business model itself.
Emotional investors, the ones that hope, the ones that are paranoid, the ones that rely on gambles, they're the ones that lose.
IAG just just a 52 week low.
LLoyds just hit a 52 week low.
John Lewis didn't pay it's bonus for the first time in over 50 years.
Shell cancelled their dividend for the first time since the world war and now seeing their SP at the lowest price in 20 years.
Wake up and smell the coffee.
Perhaps not but a rights issue/dilution is inbound.
I think that's a given. Cineworld can't keep the lights on if no1 is home, if there is nothing to show, whilst Studios, their life blood decide to go the PVOD route or delay.
Short positions are increasing for a reason, anticipating the drop when the news comes.
@MrRahman
You and others have fallen in love with a really bad share mate.
Us so called "shorters" and "paid derampers" get name called and shouted down and ridiculed for holding alternate views. Its all a conspiracy according to the rampers. Did you ever stop to think you're wrong?
You've invested in hopes and dreams mate. Fundamentals don't lie. Covid-19 has brought cinemas to their knees.
You're invested in a Turkey.
The debt based model Cinemas run on has been massively exposed during Covid-19.
Give it time.
Disney so far has declined to release its actual rental numbers for Mulan—much the same way Netflix keeps close to the chest how many viewers watch most of their original content—and then also because Disney has yet to give an exact figure for the number of American households to subscribe to Disney+. This stuff is usually guessed by entertainment analysts and research firms.
If Black Widow ends up on Disney+ which is looking likely, it will be a ringing endorsement of PVOD and where Disney see their movie srategy going forward.
With the SP tanking, Mulan a huge success for Disney+, Tenet bringing in lackluster numbers, European second Covid-19 second wave, the belief that a vaccine won't be globally available till next year and the precarious position of Cineworlds balance sheet the writing is on the wall.
Cinemas are in a world of pain right now
And if Disney confirm it then I'm sure you'll find a way to not believe that too. Doesn't matter, entertainment sites are running with this story. Disney + gamble of putting Mulan on PVOD paid off massively.
Too many investors falling in love with a share. Reminding me of those violin players on the Titanic.
I think Covid-19 has presented streaming platforms a perfect opportunity to test and get consumers used to PVOD.
Mulans overwhelming success on PVOD may just be a huge turning point in the entertainment industry, normalising PVOD content.
It was our first foray it too. I have an LG C9 55inch TV with a Q90R Dolby Atmos Soundbar and recliner sofas in our lounge. We purchased Mulan for the 4 kids in our extended family during a birthday party and they've now seen it a few times, all from the comfort and safety of our own home in a theatre like but home experience.
The initial estimates for Mulan are in, and while the movie might be struggling in its theatrical run internationally, it seems to have scored and absolutely massive "opening weekend" on Disney+. According to the analytics research firm 7Park Data, more than 25% of U.S. households that subscribe to Disney+ sprung for the $30 price tag to purchase Mulan last week -- making it the most watched item on the platform by a wide margin. And since Disney doesn't have to share that revenue with theatrical exhibitors, it means the gross revenue they took in likely far exceeds what they would have made with a traditional release.
One estimate suggests that there are around 30 million U.S. Disney+ subscribers, so if the reported 29% of users really did pay to watch Mulan, that translates to a $260+ million opening frame. If a movie were to gross that at the box office, it would place #2 on the all time domestic openings list (just a hair ahead of Avengers: Infinity War) -- and again, that would mean sharing the revenue with theaters.
https://comicbook.com/movies/news/disney-scored-big-win-with-mulan-premium-access/
Wife left what? What on Earth are you talking about fella.