Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This was an interesting article from a couple of weeks back in case anyone missed it . 'Why Cinemas Will Bounce Back'. http://www.bbc.com/culture/story/20200403-why-cinemas-will-bounce-back-from-the-coronavirus-crisis
AMC up 25% in trading yesterday. Yes, I see CINE testing the 80s by next week. Until we get more firm confirmation of theater openings, this will continue to yo-yo, I fear.
In any case, it's more than likely a vaccine will be available within a year, so the long-term outlook is good. If people are brave enough to stand squashed on the London Underground or other public transport, they'll be brave enough to sit in a theater with sensible social distancing measures in place. Remember those kids on the beach in Florida? They won't fear watching a movie. Investing in CINE is a risk, that's well understood, yet the worst of the first wave of COVID-19 seems to be over and it's only been two months. Even as a shareholder here, I do not want to see a reckless rush back to cinemas--slow and steady and let's protect lives and hope our investments do well in the medium and long term.
Good points convb — though I didn’t say I was against the naysayers, just that I didn’t understand them. You are right that panic selling has opened an opportunity here!
Also bullish here -- as soon as we get any indication of a re-opening, this will fly. I really can't understand the naysayers exclaiming that cinema is now finished forever. Agreed it might take a year or more for the world to return to normal (whatever that might be), but 120p/share will be fair value with cinemas open again, even with shrunken attendance. If you've bought in here under 60p, then that's not a bad return.
Well, Cineworld is a box office hit today, up almost 20 percent.
So maybe Cineworld should just rent out its theaters for oil storage space until the corona crisis passes. Probably get 100,000 barrels in each one. In any case, I'm bullish on a strong recovery here.
For the 'time being'??? But these are not ordinary times!
Whether it's two months or four until a limited reopening, the markets will cheer a confirmed date. Of course, much can go pear-shaped between now and then, but the talk of fewer cases, an NHS able to cope, and the possible easing of lockdown dates will bring investors back to this and other beaten down shares in droves. I'm in at 50p and holding. GLA.
Bought in first thing this morning and enjoying a nice rise already -- healthcare seems like a no-brainer during corona, and for a long time afterwards. Anything we are waiting here except for the next interims? GLA
What a morning -- sold at 2.05 on a good profit thinking she was going to drop on expected dreadful US jobs numbers, watched her through clenched teeth soar to 2.20, and now she's back to....2.04. Sitting on the sidelines, my heart can't take it...
Yes, bodes well, but I wonder why Xeros hasn't been able to tap this market in the past -- has it simply been a marketing issue? More worrying if it's a tech issue, of course, which all the marketing in the world won't overcome. But I am a hopeful holder here! GLA.
I jumped into boo at 1.68 but missed the boat on a few others I was eyeballing, including Uber at $14--you are not alone. But when I say 'missed the boat', who knows? These are choppy waters and the boat might not make it out far for any share...