Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can't see it staying where it is for there should be two big jumps and this one can bounce very quickly. One if a favourable outcome on dealing with the Dissenting shareholders. The second on obtaining a waiver.
As stated - highly fortuitous that the Box office has picked up massively just at the right time. On the disholders I personally think they have tried to engage and not had much joy and have let the date pass without payment (even though they could have paid up in full out of escrow)
Meanwhiles get out and do what the derampers can't or won't do, go put your custom through @CINE if you can or if you don't have one near you then your local cinemas to support them and the industry. If you want to gauge your investment or dyor then try visiting an @CINE this weekend with the new Thor film opening.
Looks like Odey took out a short on Monday. Maybe explains a bit. Less than a % and done through derivatives and with what looks like some insurance attached if it hots 54p
SP rose against it though yesterday morning and then fell back on wider market sentiment.
Brave one into next weeks update as I think it has more potential to go the other way. (Consistently high oil prices).
After actually having to cancel last minute last week I finally got to see this film last night and someone else on a seperate bulletin board recommended it to me.
Went in open minded with Mrs Lat and surprised that the cinema was actually really busy for a Tuesday night. Really enjoyed the film from start to finish and thought it was a brilliant biopic. Cannot commend highly enough the actor who played Elvis. Mrs Lat even had to ask me if it was him actually singing as it was realistic and he had the mannerisms absolutely spot on. Well worth a watch imho.
UK premiere last night of Thor love and Thunder. Odeon grabbed this one. Must be about our turn for the next one
https://metro.co.uk/2022/07/05/thor-love-and-thunder-premiere-rita-ora-plants-kiss-on-taika-waititi-16949070/
Wtf has happened to the oil price?
This isn't supply and demand and market place in action. Its speculation and forward contracts. Most of which never ever get completed on.
And if you care to take time to visit and look at the last Cineplex report / update I think you may find that they have obtained in the region of 4 waivers. So technically 4 breaches by them. Was in a summary section near the start.
Fortuitously for @Cine a vastly improving Box office the last 4 months.
Next update should be on the negotiations with the Dis holders and at some point between now and end September the potential for a covenant waiver should it be required.
So the one remaining question is which one on here is TW? For he clearly picked up Hussatbr's post yesterday.
It started this thread off yesterday and Hussartbr kindly shared it.
Yesterdays IR response for anyone that missed it.
Dear
Any update on the RCF would come either at the interim results or via an RNS if the RCF is refinanced or a waiver is obtained (deadline to obtain a waiver is 90 days after test date)
On the dissenting shareholders, we are still in discussions and will inform the market via RNS once an agreement has been signed.
Kind regards
Investor Relations
Cineworld Group plc
Sitting within a whisker. (having already passed it)
Putin taking the last key city in Luhansk and telling giving hos troops a pat on the back and urging them to push on further. Whcih way for oil prices do you think?
Nice run up to the next update imho looks on the cards.
Sorry if you missed it at 7p.m.
https://twitter.com/lovethundernews
I think you maybe need to revise the header to 220p or 65p
I'll go with Citigroup and Charles Allens £1M buy at circa 86.25p
https://www.lse.co.uk/news/THG/citi-resumes-coverage-of-thg-at-buy-says-beauty-division-underestimated-i2sq3n8yjd1mw89.html
Question is who picked up about £4Million worth of shares today.
Market cap tonight is less than 1/10th of what CINE paid for Regal Cinemas - alone. Same cinema chain they have gone on company record as stating they may list or part list in the US and for which they paid £2.7Billion.
https://www.bbc.co.uk/news/business-42234673
Marginally so.
But its nice to see that the oil price is on the rebound again and that is re-instilling confidence into oil stocks.
At these $110 - $120 per barrel levels Tullow should not be this low. Therein lies your opportunity.
14th July we should get a comprehensive update. The good words to be looking out for if you only have time to skim read: Free cash flow (FCF), debt reduction and repayments, Kenya.
I think all on here know how this one can bounce back.
Fortuitously the last two months vastly improving Box Office have given it a decent chance of just that.
GL all.
$112 per barrel crossed again.
There is an article just further down that I recently posted that says the oil price could quadruple if Putin decides to start to cut supply. JPM are probably just reciting the content.
Not often you see BP (elephants don't run) ahead of Tullow in terms of percentage gains.
Roll on 13th July
Should be healthily back into the 50's by the day before you would expect.
Good Kenya update should blow the bl##dy doors off the share price.
Best they raise the price. Not many participating at these levels.
*116p prior to any bids
*170p the lowest of 3 bids (4th was being worked up)
*Citigroup price target of 220p and present sp just about values the Beauty Division alone.
* £1M bought by the Chairman at just over 66p
* £2.5 to £3M picked up by a Matt Moulding related vehicle at about 62.5p. All profits expected to be donated to charity.
All the time in the world to wait for next news and the next step back up.
It seems like a blue day all round today and its the July 4th holiday today in American markets so they are closed so there shouldn't be any of the recent afternoon tinkerings with the share price.
Be grateful for the dip presented prior to what should be a very good and comprehensive update on the 13th July.