Member Info for JaiBabaSwami

Market likey!

Time in the courts if it comes to that will be peanuts compared to £1.35 billion pounds.

Buys overtaken sells now. Standard here atm

So true oppollo. Buy v sells have been way above buys. One day was 13 to 6 mil I seem to remember.

That’s right. Yeah plenty of volatility for 3 to 6 months I feel. Traders paradise !

Good luck everyone.

Hi. It would have been MARS but I missed that big day. CINE has been the best for me, I was here in the low 50s.

Hi nogs. Yeah I’ve been in and out of TW since 2012. I like the HBs, I like the divs even more. I was told that out of all of them RDW was the best value but that was a few weeks ago now. Not really been following them lately so not sure. There are a few guys on the TW board who are pretty knowledgable. Also heard whispers about the stamp duty too, that will be great and will help keep the market buoyant. I did read somewhere divorces could be rising after this lock down and a possible increase of people moving houses to find 2 separate dwelling, lol.

Looking like a good week here again. Hopefully the Dow will have a steady rise this week rather than these erratic movements. If the social distancing reduces then expect all of the market to start moving upwards. GLA

@ nogs. Yeah I couldn't believe it hit 17, crazy. There is money to be made there though, timing. A slight drop here Monday then up I feel. Let's see. What are your thoughts on bdev?

@put. Hi mate. Yeah that sounds right. Looking good here. Hopefully the Dow is positive on.

Hi noggers. Seen you over on CCL before. Did you manage to catch the nice rise there? Thanks

Good discussions on the board yesterday. I think you need these differing views so you can make the right choices with your money.

I’m sure someone on here mentioned a 50mil get out clause, can’t remember who though. I’d love to know londoners thoughts on this?

So basically Cineworld have just saved approx 1.35 billion pounds by not going through with the sale. I guess that’s plenty of cash saved for a small lawsuit.

Hi Rohan. No I held back for now. Are you in? Did a small trade on card though. Let’s see where the market goes this week.

Hi Davy. I’d like to think the SP will rise but the market will decide that I’m afraid. Hopefully no bad news will pop up (out of anyone’s control) this week.

Thanks

Any thoughts on the share dumping?

Afternoon Ladies and Gents. Great day today, the heat is coming back.

I think now it’s time to go to the basics here. The Brothers that run this business have a holding of 28%. This is not a 2 bit company on AIM. The big thing for me was extending the loan agreements to cover them with no cinemas opening until Jan 2021. Plenty of organisations would have diluted the market with more shares, not here. They have and will continue to do anything they can to make CINE profitable, as we have seen once again here. They know what the financial implications of a possible law suit here is and have taken the best decision for CINE, for them and for us as investors. They will do anything within there power to make this a booming company again.

Good luck eveyone.

This is amazing news. Great for everyone who held on though that sh*t show this week.

We said it many times. The BOD know what they are doing and will do what's best for their business. With a 28% vested interest who wouldn't. This share is like yoyo!

This is the best weekend news. Spidey bang on nardniles, lol

Actually this week but in reverse would be perfect.

Posted by Londoner a couple of days ago.

As I recall, this was not an agressive move on Cineplex by Cineworld, rather Cineplex were inviting bidders. Therefore, in light of the new world WRT the virus it is likely that Cineplex would be open to an offer below the original $34. As I've posted before, with Cineplex @ c$16, the market does not expect Cineworld to pay the full price.

Using Cinemark as a benchmark, it's price has dropped 50% from the time of the bid for Cineplex, so if Cineworld wasn't sniffing around the relative price of Cineplex now would be c$12. This imples that the current $16 includes a $4 for the bid attention. This might represent the price the market expects Cineworld to offer or perhaps a couple of bucks higher.

Much higher and the market might mark down Cineworld's price. But I think that if Cineworld proceeds it would be a good sign for shareholders in the longer term. The boys know their business.

Incdentally, unlike Regal which was run down, and needed CapEx, Cineplex theatres are up to high standards so little or no CapEx required.

It should be an interesting run up to the 29th. Although I haven't heard from the Canadian regulators so that could still stall the bid.

We should know before June 30th. Cineplex shares fell 10% yesterday.

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