Member Info for latpulldown

We are off to a good start already on F9 onesharewonder as it has already opened in 4 of our territories in the weekend just past. 5 more of our territories start showing it from Thursday. Something I picked on a social media channel.

The market is sensing that the first offer is never the last. It's quite simple.

What is the true value if you take out 5.7% of the short positions declared over 0.5%. then add in all the others between 0 and 0.5%.

250p, 260p, 270p, 300p.

Plenty others likely candidates as well.

https://shorttracker.co.uk/companies/?sort=2&d=desc

Best thing to be doing Number imho. That plus booking and seeing a movie or taking advantage of the low share price if you have funds.

If it is of any comfort to you. BlackRock Investment Management, Citadel Europe LLP, GLG Partners LP, Long/Short Master Fund Limited and Third Point LLC all took a good hit @Morrisons this morning and it should probably climb higher.

Time to switch off likewise.
Bulletin boards are monitored.

I think you might find that the Government protections afforded for non-payment of rent end.

Mentioned because Morrisons was similarly shorted down, by 5.7% in their case of those disclosing over 0.5%.

Just shows what can happen.

Well done you's guys and gals.

They will have to come back with a higher offer imho. Opening offers are never what people expect to pay. Probably looking at 250p to 260p for what they want to pay.

I see you were shorted down by 5.7% at one point and one of the highest on the LSE at the time and just behind the likes of Sainsburys and Cineworld. Not a good position to be in.

It does beg the question for who could be next on the bid list. Not a follower of Sainsbury myself but some real strange goings on with the CINE share price lately against reopenings and the newsflow.

We place our chips and we wait.

Well done and its probably worth hanging in there for a higher offer.

Bid fever

Morrisons opens at 229p and up to 232p, just higher than the 230p bid price. They will need to come back with a higher offer.

Who could be next?

Not letting a bean go here.
F9 and Black Widow also coming up fast.

Cruis1,

Imo our market cap right now does make us highly prone to a takeover. (Reasons in a previous post)
I did see the post myself and the poster seemed pretty definite. I presume some of the shorts had it taken down.

We sit patiently and let events unfold. It drops out the sky then those init winnit. Those out or short will have no time to react. As some will no doubt see with Morrisons tomorrow.

The paramount decrees ruling in August is the enabler and Netflix and Amazon have reputedly been sniffing round cinema chains in the past.

It wouldn't surprise me one bit small trader if restrictions did get lifted on the 7th July as Sky News suggests.

Infections dropped today, hospitalisations seem to be stabilising in the early 200's and deaths are still only showing as 6. (Not been over 20) On top of that we are within a cats whisker of the equivalent of all of Cohorts 1-9 2nd vaccinated at 97.94%. That should be hit by Monday or Tuesday.

The Telegraph was also I believe carrying a story that Matt Han**** failed to tell the PM about good PHE data on the effectiveness of the vaccines prior to the Stage 4 meeting. Naughty !! ?

Travel industry are also up in arms and taking the government to court, Lloyd Weber is kicking off re theatres. etc ete.

If these numbers do not grow substantially in the next week and in a way to properly justify things the chorus of discontent by the affected will grow. Very hard to justify things as they are imho.

Good film that "Nobody" by the way. really enjoyed it.

Poor choice of English Ash imho.

Morrisons is true hence the link. You might wish to reword a sentence in there a bit better.

I applaud your efforts Saihaij

WSB and the Reddit movement is all about buying and holding your shares and then spreading the word. They then bring in more and more private investors en-masse via the forum who realise that they are there to stop hedge funds artificially dipping share prices to pick up stock. Then further waves come in that surge the price and cause short squeezes upon short squeezes and margin calls for funds.

Not saying its right but there are many sworn into it and it's been working. Success then brings in further investors.

Plenty things in the above text that you can do yourself from holding to spreading the word.

With recovering shares though there comes a point when £, $ and € start to speak for themselves or the share gets spied as being too cheap and a bid drops out the sky.

Misleading and inaccurate post that one ASH I'm afraid and it should be reported.

https://www.theguardian.com/business/2021/jun/19/private-equity-firm-mulls-cash-offer-for-morrisons

It's about as certain as you can get there will be an RNS tomorrow morning at Morrisons and a consequential rise in the share price to 230p. Been sleeping?

Another for the filter bin.

cekim,

I don't think that there is any doubt that CINE is next on the list.

If that's for a takeover then definitely so as AMC has outpriced itself, and that actually highlights the vulnerabilities of CINE to a takeover.

If it's for WSB and Reddit attention then its heavily shorted and that is one of the main criteria that they look to target. When their focus was on Gamestop nobody even suspected AMC would be next.

Just further whilst we wait to see if jordan called it right Crumpets, I see F9 has just premiered in America. It all helps to build things up.

https://www.dailymail.co.uk/tvshowbiz/article-9703341/Vin-Diesel-Tyrese-Gibson-long-awaited-premiere-F9-Fast-Saga-LA.html

Somebody has though crumpets and sufficiently so to have not only had the post but the full thread taken down. Sufficient to think insider dealing or inside information.

So in the one corner that frame of mind. In the other those thinking stupid thread. If the latter had been the case and somebody hadn't been worried then it would still be here.

They should have left it up and people could have made their own minds up. The wording was pretty unambiguous. In fact stating 100% fact. So we wait and see. It drops and your in, you win. If out you lose out. If short you get burn't.

Imo the present market cap lends itself to a bid. Forwards we travel to F9.

Bonkers 130p was what I thought might be an opening salvo should one appear. But bear in mind we were 123p previously with zero progress on reopenings or Box Office.

Fast and Furious 9 by the way is getting TV advertising. I saw one on ITV last night. Just seen another on Channel 4 this minute. First of the high grossers opens on Thursday in the UK and Friday in the USA. Us up to near 100% seating capacity throughout.

Fathers day lunch time. Must cut and dash.

Just to hit the send button on this before the filter.

Wrong metric chosen FI in mentioning sales in your comparison. You can have all the sales in the world but be loss making. Profit should have been the chosen metric.

Had you chosen profit, Morrisons made £431m profit before tax in 2020/2021 whilst being open throughout the pandemic as essential shops.

Nearest comparison for Cineworld would be just prior to the pandemic hitting and where it actually made an adjusted profit of $475.4M

Apples and pears in terms of what they sell

https://www.morrisons-corporate.com/investor-centre/annual-report/

Slide 5

https://www.cineworldplc.com/sites/cineworld-plc/files/2020-03/2019-full-year-presentation_0.PDF

Filtered.

Good afternoon ianharding I don't think anyone would open with that sort of bid but your lower end coincides with part of my thoughts for where it might start to be treated seriously. Mooky you would think would also be looking to capitalise off the terms of his recent bonus scheme and with his brother have a substantial holding. As does Jangho.

You only win if you are in and the bid pops up and you get burn't if you are short. Those short on Morrisons will be scrambling to close tomorrow as the first offer is at a premium and knocking back the bid should bring forth a higher second offer.

Initial poster seemed pretty definite so lets see how the week unfolds.

It's Fathers Day today and its time to spend some quality time with the family. Cinema this evening to see "Nobody" and thanks for the feedback Cruis1. Looking forward to it.

Just to pick you up on something you have mentioned earlier.

"Cinemas don't own content, studios do. It makes far more sense for streaming platforms to gobble up studios."

That may have been the case of the Amazon / MGM deal but the article makes it quite clear that Netflix were looking at Regal and Amazon were looking at AMC, and other cinema chains. Amazon / MGM will be the first of many.

https://www.thisismoney.co.uk/money/markets/article-8351307/Netflix-looked-bid-buy-2-4bn-Regal-Cinemas.html

Spat with Cruis1 lost on pre-film advertising. Not endearing oneself these days and whereas you seek to try and remove threads, disrupt and provoke others I shall act civilly. Back into the filter bin you go.

Nobody compared Cineworld and Morrisons debt. Only you.

I merely showed that with 3 Billion debt and 5.7% shorted a bid at a premium emerged and has been declined. Meaning it will probably open at 230p tomorrow, burn several shorters and that higher 2nd offer will need to be forthcoming.