Member Info for JG68

Funinvestor
Thankyou, I know some people think freedom day and 2 good films are the answer to all our worries!
There was a huge debt before covid and CINE was shorted before too.

I'm probably as invested if not more than you, over 100k in shares, just trying to play devils advocate with some factual comments and opinion, not going short or deramping, just very concerned about the substantial amount of hard cash I have invested.

When he updated the market about the extra 450 million loan facility, he said that this should be enough to see CINE through 2022 provided everywhere was fully open by May.
In the event of not being fully open by May he said there was enough for some months afterwards.
As we know we're not fully open in the UK but that is not the main part of the income stream.
Because he has not exactly been forthcoming apart from giving the update in May talking about the US tax refund which gave a temporary boost, I am thinking that the reason the shorts increased on Thursday might be they are looking at that "fully open by May "and taking a punt on the company still being in trouble.
Probably needs a few months to be able to make a financially factual statement to the market that will change sentiment, especially around the level of debt .

Aren't further restrictions!!

No but increased positive sentiment generally should see it tick up, and a blockbuster like that would go along way to somewhat stabilising the balance sheet or even reduce the debt provided there are further restrictions.

I read in the Times today that there are no confirmed deaths from the Delta variant in anyone under 50 thus far.
All we need is a bit more positive sentiment generally and the sp will start picking up.
The last analyst who did a piece on CINE last week which was backed up in the Times on Friday stated that CINE is almost certainly the wrong SP, so to me that suggests it could correct at anytime with some positive figures both here and abroad, and then the build up to Bond.
Fingers crossed for next week .

It was Mookys company update on 24th May about that and also the tax refund received in the US.

Even the analysts are certain that CINE is the wrong SP!
But that could mean anything.

I'm sure that this happening with CINE at the moment, pure manipulation

Times says the company is being run for debt holders first, then for management with minority equity holders at the back of the queue.
It also criticised complicated reporting practises saying the lack of clarity will weigh on future earnings multiples.
And furthermore they criticised management for needing incentives in terms of share price targets.

In the times today saying Berenberg feel that the company is being debtor and board led at the expense of investors.

What on earth is it going to take to get this sp moving North again.
Even a great RNS is not enough to change market sentiment, maybe it will take a further RNS further backing up that the turnaround is clearly working.
I keep topping up to bring my average down from 44 to 40.3 but goalposts keep moving so just need to sit through it now.
The RNS the other day reminded me of Hull knocking Man City out the FA cup, getting all the rave reviews the day after, only to be forgotten a week later when they were playing at Bury, and it was back to business as usual.

It was only a month ago on 24th May that he released the last rns and it was well received that day and week.
Spiralled since

Mooky needs to reassure the markets again or the sp will run riot, and as long as shorters are able to make quick easy money, we are going suffer.

I guess none of us really know exactly what's going on, and some of the analyst feel the debt could be problematic over the next couple of years, and despite it being a much shorted stock, to drop from the open like it has on almost 2x buys to sells according to LSE , is bound to create some concern.
Also with cases at 16k, and Europe wanting us to quarantine when we go abroad to Europe, even though it won't be the same when UK citizens return, the pessimist in me thinks I wouldn't put it past Boris to u turn on terminus day.
Tomorrow's another day I guess.
Thanks for all your comments, don't feel alone anymore!!

I guess none of us really know exactly what's going on, and some of the analyst feel the debt could be problematic over the next couple of years, and despite it being a much shorted stock, to drop from the open like it has on almost 2x buys to sells according to LSE , is bound to create some concern.
Also with cases at 16k, and Europe wanting us to quarantine when we go abroad to Europe, even though it won't be the same when UK citizens return, the pessimist in me thinks I wouldn't put it past Boris to u turn on terminus day.
Tomorrow's another day I guess.

Not desperate but heavily in now so every 1p is 1 k to me and for a manipulated drop on nothing is hard to swallow.

It's not worth the aggro holding these shares when the price action is never reflective of the true market and is manipulated down for apparent reason. Absolute Sh---

My worst day as a cine shareholder since April, on absolutely no news. FFS.

We were robbed at close last night Bonkers, down from 88 to 86 in minutes.