Member Info for JG68

This share is f-----g infuriating at times.

Just wait until tomorrow, anything but excellent update will be crucified

Thebeerstalker
I'm with you on CINE, keep averaging down 10k shares every 2 p drop, but running out of powder!!
I had a horrible feeling about this share earlier in the year about how inflated the SP was last year from never being over 200, let alone 400. I think it was a false market especially for AO. And after the results in July which seemed really good, and Roberts did a bullish interview on Sky, but the market remained underwhelmed.
When your several thousand down like I am here, I think about what I could buy with the proceeds of AO and I feel that it woukd take too long to recoup the loss so stay here.
Really I should double up on this.
The other thing I noticed a couple days ago was a hedge fund made a large increase on a short with currys, think it 0.46 in one go, probably betting they will have similar supply chain issues.
Personally I think the 25% plus drop was quite unjustified here, but probably more about profit warning after promising double digit growth, even though it was never marked up for that, but more to do with the competition issues in Germany.

Mastertrading
Just checked, from 5th July to 19th July just 2 weeks they took it down from 87 to 56, and this was all in the build up to freedom day 19th July, incredible when you look at that.

This actually tanked after lockdown ease, defies all logic.
Wish I had sold out at 83 too, I didn't because I felt Bond figures would help it higher, won't make the same mistake again with CINE, it's just too volatile and the risk reward isn't worth the stress.

Thanks Razorsedge, appreciated

The way it's going it will be a penny stock by then.

Mastertrading
This is exactly what happened in July, after having a few days in the 80s it nosedived over a couple weeks, list 10 % one day, then plateaued for the next 2 months, and this was before the August update.
This time round exactly the same price action, but at least there is decent revenue coming in, however there is the uncertainty around the court case.
I've been topping up 10k shares every 2p drop, rather than try and wait for any bottom, so my average is no more than one good 10 % day now, but that's me.
It's infuriating because CINE seems to really get special treatment by mms.
Possibly a pre close TU may stop the rot, I was fearful back in July that it would hit the 50s by the update and then tank even more, but it never did.
It can't be anything other than hedge funds manipulation placing sell orders to drive the price down etc etc
Or the court case is not going well according to mms despite us all feeling it shouldn't even be happening.
Lots people here are currently drowning but it doesn't appear anyone's selling.

Snapper
It's like clockwork, everytime you appear the SP rises.

I'm hopeful that the markets expectations of where the company is at, is already priced in.
I suggested weeks ago when snapper was in full throttle that the delay in updating on half year results could have been because an SFO conclusion was near at that time, possibly they have delayed because they are/ were waiting on something positive contract wise to update alongside them.
Think they have until end October to update.

Denby
I'm being sarcastic to the shorter for telling us it's going back to 130!!

Woods on a similar path today, nothing pfc specific

How ridiculous, is another sfo investigation coming!!

Razorsedge
Where do you get this from each morning, I find it very useful even though it depresses me on mornings like today?

Nigeco
You're right in regards to shareholders never accepting a low ball offer last year, and given how well ITV seem to have come through the pandemic, prices last year were free money.
Unfortunately I have owned these since buying at around 180 4-5 years ago and used last year to average down to about 110.
Ever since I've had these shares there have always been talk about LG making a play, so if they were to , definitely playing the long game.
The dividend used to quite good a few years ago, but for the life of me I cannot work out what LGs gain is from consistently holding such a large stake. Because it would seem not a great capital investment at current levels with no returns for a couple of years !!

IR told me that they are required to update half year results by end of October, so technically not overdue.
This was about 3 weeks ago.

We should play them at their own game and collectively place large buy orders and see what happens.
I know it sounds daft but as long we remember to cancel them, no harm done!!

What you said earlier Mountainous about them placing large sell orders which would drive the price down, and these orders are probably getting cancelled before they're executed.

I'm averaged over 200 on this dawg, wouldn't want to guess, it was an unexpected pre close update that took shareholders by surprise, results due in November.
I'm down on many at the moment, it's a painful time.

Pig
No one could answer that with any certainty, possibly the lead up to Bond being released, it was everywhere and on every news channel.
As for the tank since last Monday, it's just so typical of the volatility that goes with this.
My cynical side has thought that it might be suiting the company somehow with regards the court case, to have a low market cap at this time, but that's probably not the case.
The other thought I had was that CINE were being cross examined with ferocity last week in the case, and however they came accross it impacted the SP.
Didn't end too bad today compared to others in travel and leisure but at one point at 6% down we were way down compared to any others.
I sold cpi this morning to average down here, now 72 in this tranche, way down in my ISA and can't average down on that.
Will buy back CPI before the update.