Member Info for JohnNth

Once again bug-blues fox has been shot down.

He kept going about the 75% without really understanding it. He said it was setup to fail, when actually it is in company Articles...a proper dimwit.

What will he come up with next?

I agree. The convergence with AIX price starts today and sp should be on par with MOEX when split happens.

Brilliant news...but market will take time to digest as it is not a run of the mill everyday issue. It means the company is in a better position to be spared in any new Russia sanctions as it is now leaving the so called unfriendly jurisdiction. Of course, it will create a bit of a panic as shareholders jump the ship not wanting to be part of new POLY.

Uncertainty ended and long term future secured.

Next stop will be splitting of the company two

Unlike many on this bb, Wolfie and Hex have kept tethered to facts based reality. I know I have made comments against them ages ago, but that was without foundation...APOLOGY.

Bug-blue..."75% threshold to pass all three required resolutions. Why set so high? In order to fail?"

75% was not just invented for this resolution, it is set in the company Articles when the company was formed that many years ago. They cant just set it aside.

In fact, where there is a large single shareholders like POLY, it actually goes to protect other shareholders.

I think Zelensky now wants to agree with Russia what Russia wanted before war began but his mis-calculation has cost too many lives, too many people displaced and caused too much destruction and hence cannot now recommend to Ukraines citizens that they accept peace on terms now worse than Ukraine could have had.

He has put himself between a rock and a hard place.

I think theyre wiping off lot more than $4.5bn given interest rates as up to date debt sum has not been made available. The judge will need some convincing if he is to be swayed into giving shareholders a voice.

Maidit, I recommend you stay right out of any valuation excercise and same goes for Tegsy.

"I believe the new motion asks for a counter valuation to prove that CINE is 'in the money' so shareholders committee can be formed"

Tegsy, you are completely out of order on this one. I wouldnt be surprised if conservative valuation of the business barely covers half the CURRENT debt. and its the conservative valuation the judges go by and not yours or maidits school of asset valuation.

ATB

Yep...madness has to end as soon as............

Im very glad the offensive hasnt started and hope it never does.

Any update? What is Ukraine waiting for?

"ATB means you are sincere"

Cos it does, but my head tells me it just isnt going to happen. Every indicator is pointing the wrong way and the mooksters dont care about about sh.

I would sell out whilst theres still some vale.

ATB

"cinema has returned to target levels and is still expected to return to profit."

I agree with the target levels but returning to profit???

Cinemas have been on sliding profits and losses for the best part of past 10 years brought on by streaming and of late accelarated by shorter or even absence of screen time within theatres. Heydays of cinema is over and even if they return it will not be enough for CINE as debt levels are sky high and theyre never going to make profits to cover interest and so levels will rise every minute of every day.

CINE is ..........

ATB

As far removed from reality as can be on this bb to date...get some education.

HaHaHaHaHa...............

SC...stop fooling yourself or anyone else with fancy numbers. Plain simple fact, CINE is not making enough to cover interest on debt which is growing by the day, and growing much faster than ever before on account of high rates of interest.

"Do you happen to know how much cvc and elliot offered?"

Must be peanuts going by article below.

https://www.thearmchairtrader.com/cineworld-withdraws-sale-of-rest-of-world-business/

"A valuation on paper of over $6bn is meaningless if nobody is actually willing to pay that."

Asset is only worth what someone is willing to pay for it, and recent bids received for CINE RoW business provides a good indicator.

ER...cant argue with that........

Only way assets can exceed debt is if you appoint maidit to provide valuation. Maidit came up with a figure of £10bn other day valuing each CINE share at just under 7 quid...crackers!

Bug-blue...why do I and many others think its actually you trying to mug us? cos youve repeatedly being proved wrong over and again.