Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
Cineworld negotiated their finances quite nicely but remember, they do only have until May to reopen. They will stuggle by then and still might run out of cash. BJ has already delayed any reopening until 8th of March and US are far behind the UK on vaccine output (although Biden is trying to fix that).
I think this rise is now becoming unjustified. I think there's a big potential.for it to fall just as sharply. This price movement is pure trader manipulation against the shorts.
The move isn't business justified.
Come May, if they're still not open, if there's still no films, this company is in big trouble.
Let's face it, no one can say they've "invested" in this company during lockdown. They've gambled on this company. We all gambled on this companies survival but I do think we are near a tipping point now.
Cine have played all their Trump cards bar 1...a takeover.
And the owners clever little lump sum payout should numbers be hit (which suspiciously coincide with their 12 month high share price) is an indicated that might happen..
But it might not.
This share price is not justified.
You back in now? No shame in getting it wrong. I sold at 23p looking to get back in 20psub but forced to buy back at 27p. Huge mistake. But live and learn. I'm holding till I get my price now, dip or rise because we can only guess right 5o% of the time so for every rise there's a fall. Might as well hold firm. My lesson learned anyway
Then why are you here?
I don't understand it. I really don't.
So we have good cinema centric news (for once) and also an array of excellent UK centric news that should work its magic tomorrow, particular so on recovery stocks (I hope).
I think other predictions have been quite low. I'm more optimistic we will reach 80s. But, others are more likely to occur than my prediction. It seems I'm outvoted. But the news released looks fantastic and 80p would be circa 40% pre-covid.
Union, make a % prediction on the bounce. We've seen it go 35% in one day, see it decrease by 50% over last few months. What are you thinking? What are others thinking/predicting/hoping?
Auctipn open tomorrow and short squeeze?
OK, well firstly...you tell me where you get 25m vulnerable people from in a population of 70m. I'd be really interested to fathom where you've plucked that number from.
Secondly, February was the date given by the good old Chancellor. So maybe you need to write to your local MP with that question and ask the government that question as that's their target.
Third and last, 40m is the amount of vaccines theyve ordered, not what they're due to administer.
So in conclusion Mr Deramper with no reason to be on this BB... kindly f*** o** soni can laugh all the way to the bank very very soon. Hahahahahahaha
1. Brexit deal done
2. Oxford vaccine approved
3. Oxford vaccine increased efficacy
4. European vaccine rollout
5. 40m doses of Oxford vaccine by April
6. Vulnerable people vaccinated by March
7. COVID box office record reached with WW84 and WB advancing another sequel announcement
All this after close last week... just saying.
Excellent news on the box office take for WW84!! WB said they're are going to do another sequel on the back of the demand. Granted the numbers aren't huge but they are for the cinemas that were open showing demand is there! More positive news!!
Come on Tuesday!!!
Well, you've got these 5 things...
1. Brexit deal - was holding the FTSE back when all other markets had gone on to good things.
2. New study into antibody treatment for those infected with covid which hopes to eradicate serious illness.
3. AstraOx vaccine approval Monday (hopefully)
4. AstraOx publicly claiming their vaccine may now be 95% effective and comparable to Pfizer and Modern (let's not forget AsteaOx is 9x cheaper than Pfizer at $3 a vaccine).
5. Sunak spoke out and mentioned February as a timescale for when the vast.majority of vulnerable people should be vaccinated...and...
6 if you want to push it... mention of 40m vaccines by Easter/April available from AstraOx alone.
All this from close of play pre Christmas to Tuesday reopening.
I'm really hopeful on this! Fingers crossed!
Congratulations Rodders. I'm glad you and your team have been able to do that. Have a test tube full of bubbly on me.
This is how much shorterguys portfolio will be worth by Easter. Ironically, its the same amount IDE wins gets per post on this BB.
I think what will happen is they will impose a 4 week lockdown but say "during this 4 week pd, we will ensure X amount of vulnerable people in the UK who need the vaccine will get it". And I think we will be in a position in start of Feb were we can start opening up.
No reason why by end of Jan we can't have 2/3m people vaccinated. Maybe more. Of the oldest and most vulnerable. Already half a mill vaccinated.
They're safeguarding those the most, you know that because they won't close schools or colleges so they're not really concerned for younger people.
Load of bull. There's been many new strains and mutations of covid reported over the last 12 months. Even a few weeks into this there was the deadlier viral strain that evolved from the first being reported. This is fake news in the sense that it isn't anything abnormal. This has been happening since it started. Fact is the media, as usual, as they have dine throughout all this are latching on tk any news worthy scaremongering. Thats all it is. This is nothing new. Now we have a vaccine they're playing a new tune to create a sensation..."will vaccine work now there's a mutation!?". Answer. Yes it will. Its literally no different to all the other mutations its had over the last year just now newsworthy because we have a vaccine.
They just need to hurry up with the vaccinations. Taking far too long.
How is this falling more than tui and ryanair and easyjet? Its madness. Its only UK this has affected not everywhere else. Also, the news about this variant is a red herring, they've been reporting new strains since it arose 12 months ago. The media are just latching onto this new one cz we now have a vaccine and are trying to invoke scaremongering by making people question whether it will work. I called this weeks ago. What a joke. I'm beginning to really dislike this SP now.
The more I think about the this the more I'm concerned and I wasn't before.
The thing with the big dogs like Disney and Netflix is they churn out decent own content. Netflix have decent movies, and TV series and Disney+ have a phenomenal range of content coming out like star wars spin iffs.
My concern here is people will sign up for those primarily and not the movies but because they're paying for this many families on shoe string budget may well say ",well we're paying for disneyplus let's and whilst I want to watch whatever movie I'll just wait a month until its released on here for free".
Its an uncertain business model going forward all we know for certain is Disney plus is getting very popular right now.
I agree cinema can't be replaced but Disney movies are mainly family movies and with economics as they are, cinemas are a nonessential service.
People say cinema is a cheap escape but let's fact itnita not... £70/80 for a family forn4 with food and drink on a working class budget, hey even a middle class budget is a weeks worth of shopping.
I dunno. I'm doubting more n more now and the fact this SP is stuck at where it for so long is making me ask questions.
Although official date hasn't been released for opening, they did announce Q1 aim. It has previously been noted a May reopening was on the cards, or implied anyway, when the RNS was released. Theatres announced reopening too. This was after market close Friday. I'm hoping a rebound from the 15% drubbing, plus that good news and headway in the brevity talks (market sentiment) and the arrival of the vaccines at hospitals yesterdays (optimism and excitment) will push this higher today and hopefully all week.
But hey, this is the stock market... can't predict anything for sure but I'm hoping!
Probably some obscure bad news lurking somewhere though st some point, always seems to be with CINE.
Haha I'm serious.
If you.look at all the new innovations...its gaming chairs, more screens, surround sound... 4D, 3D. Everything is about being as close to the action as possible. Its inevitable with the advancement of tech thats where it will go. Thats why cinema is so popular...sharpe huge screens, deafening sound... thats what streaming can't replicate. And that's why I think cinema will come on leaps and bounds for a long time. U simply can't replicate that experience. Buying your popcorn, drinks and hotdogs, sitting down and watching a proper movie with explosions, battles, chases...
The experience is what people go to the cinemas for, not just the movie.