RE: No celebrations yet26 Apr 2021 18:51
Institutional pro's made their own entry points and their own news ahead of the major reopenings of the next 179, 153, 128 and 127 reopenings over the course of just over the next 3 weeks.
having done so in the knowledge that Godzilla v Kong, Mortal Kombat and Demon Slayer all pulled in very strong opening weekend attendances.
Vaccine confidence has been evident wherever you look. Retail reopening and very encouraging retail sales figures, Pictures all over the press of Al fresco pubs and restaurants in Soho, Chelsea, Manchester, Leeds, Newcastle etc etc. People have been cooped up for nearly 4 months with pent up savings and demand. Expect UK cinema to exhibit the same traits on reopening.
I feel certain that by the end of summer you'll look back and reflect that anything under £1.00 was a bargain.
We seem to now be back to buys easily outstripping sells and a trending up share price.