RE: Black Widow Interview From Cineworld and 4DX10 Jul 2021 23:14
FunInvestor
Posted in: CINE
Posts: 3,566
Price: 81.16
No Opinion
RE: What's happening now? High 80s and now 82. We really07 Jul 2021 14:13
Patience is required in general with longterm share investment.
That is particularly true here.
Progress is being made on many fronts, but don't make your own reality of where we stand right now today.
Covid is being "beaten" in parts of the world, but it hasn't disappeared.
Studios are releasing movies, but not yet enough.
Yes "we are open", but being open alone doesn't = much higher share price. Currently we are a heavily indebted company that is currently likely eating into what's left of those debt cash reserves.
We need to be open with no restrictions across our markets, with number of big movies backed up by rafts of "support" movies, with higher average attendance than we currently have. This then leads to higher box office/consessions (enough to stop bleeding cash then make sufficient profits to reduce debt).
The UK government likely removing masks indoors at this terminus date has on balance likely been viewed negatively.
On the road, there are (considerable) bumps yet to overcome fully.
Sit back eat your favourite biscuit and give it time to justify the SP you want.