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No, this is its current value. as said many times by many people, this company is not a £3 stock anymore, its woes despite the rants of the cognitively challenged is not impeded greatly by the covid issue exclusively, its one of many issues that I do believe long term it may just recover from...but this is not "oh covids gone, suddenly it leaps back" is the cries of people who lost money, hoping to grab it back for great highs.
the cinema is a dying industry...people will respond as they have before calling this nonsense but it is they who are deluded. The industry is heading towards home entertainment, and the cinema is going to be as unusual an activity as the theatre, or live gigs, we will not be waiting on blockbuster releases to the cinema in a few years, studios will be creating their own subscription channels...its the way things are going! ludites need to keep up
another single vision...always blame shorters..
3 months ago, I was shot down my you lot for pointing out the global nature you shoulod be watching. the AGM meeting, l&g, reopening stages, social distancing, spaced seating, consessions sales (the biggest part of cinema profits), having the films from the studios...but y'all here in your little englander minds thinking as sioon as boris says the cinemas can open you'll all be making your money....simplistic minds.
I bought at 26p, sold at £1.18 and I do believe CW will recover. but you will be sat pretty much here till stability is restored, and you refuse to listen to sensible advice. but fine...criticise this post, call me a troll. so I was right! proof is in the pudding!
Yeah, if you ignore wave three spreading throughout the world as we speak and the strong chance that cineworld would not survive a third wave.
you guys make me laugh! if we keep burying our heads in the sand, and "hold" we win. keep focusing on the happy days of UK covid reductions pretending that "PANDEMIC" doesn't mean world wide, its little englanders.
EVEN IF THE CINEMAS OPEN THEY WILL BE AT 20% CAPACITY FOR AT LEAST A YEAR!
you think holywood, is going to release to 20% capacities? so yeah, cinemas open, 20% capacity, showing reruns of old films.
MARK MY WORDS!
And you know what, I know your all gonna claim Im a troll, claim im involved in some shorting conspiracy...no just laughing at you lot....who seem oblivious to what is going on, and thinking this is all about holding on to shares, regardless of a companies actual VALUE and POTENTIUAL
sure, IF the cinemas open in MAY, and Hollywood release all the blockbusters they haven't really been making over the past year, the odd one or two...great that's what 20 hours of films? then yeah....TO THE MOON!
but realistically, the only thing on the moon are you klangers!
Yeah, if you ignore wave three spreading throughout the world as we speak and the strong chance that cineworld would not survive a third wave.
you guys make me laugh! if we keep burying our heads in the sand, and "hold" we win. keep focusing on the happy days of UK covid reductions pretending that "PANDEMIC" doesn't mean world wide, its little englanders.
EVEN IF THE CINEMAS OPEN THEY WILL BE AT 20% CAPACITY FOR AT LEAST A YEAR!
you think holywood, is going to release to 20% capacities? so yeah, cinemas open, 20% capacity, showing reruns of old films.
MARK MY WORDS!
And you know what, I know your all gonna claim Im a troll, claim im involved in some shorting conspiracy...no just laughing at you lot....who seem oblivious to what is going on, and thinking this is all about holding on to shares, regardless of a companies actual VALUE and POTENTIUAL
sure, IF the cinemas open in MAY, and Hollywood release all the blockbusters they haven't really been making over the past year, the odd one or two...great that's what 20 hours of films? then yeah....TO THE MOON!
but realistically, the only thing on the moon are you klangers!
*you're
And you should maybe join a psychics forum, instead of one that is discussing investment acumen since you seem to have the idea that you know my mind.
Also maybe read my "opinion" status on the post which says "weak buy"...or the by in my post wear I say "I'm holding"...as I have over £30k invested in this stock.
This is for people who take more consideration than a petty dream that their stocks will rise everyday. theres as much skill in knowing when to sell, than when to buy
have you seen how big TVs are getting lately? Home cinema is a boom.
demand for cinema is low compared with twenty years ago, this is why before covide ticket prices dropped from £13 to £5
cinema is dying. and all the major studios are bringing out their own subscription service "disney+"with premium titles, the streaming services are developing into their own studios with Netflix Originals, Amazon Prime.
this is where the money is, not cinema!
Its fine, you dont have to agree, but if you want to be sensible with your money you have to look at a wider market and tech than the hopes and dreams of the stocks you hope will rise.
You have heard of drive through cinemas?
in the context of this discussion, we are talking of cinemas..ergo, I am talking of "drive through cinemas!"
now tell me how many drive through cinemas you have passed recently with all these queus of which you speak?
Save your breath I'll tell you, there was 3 in the UK, now apparently 40 popup temporary ones due to covid, but of course covid is what were waiting for, to end.
So much focus on this forum of covid in relation to cinemas.
there's no quick fix on ending of restrictions in the state of this stock. Theres money to be made, in the short-long term. but meanwhile you're going to be on a roller coaster as this stock has so many factors.
The easing of lockdown, will not quickly mean the reopening of the cinemas and their recovery. Long term there is no recovery for the cinemas, they are a dying breed. Covid, has taught Hollywood studios that they can cut out that middle man, and they will be driven to releases via their own streaming services, via subscriptions.
their only use for thi cinema will be promotion of release dates and box office figures, a benchmark of the demand for a movie, and soon that novely will wear off, making cinemas, like drive ins, a thing of nostagia and limited to boutique movie houses showing older releases. this will be within five years.
on the plus side, people are eager to get back to "normality" and social events, so there will be a massive resurgence in demand for cinema activity, like holidays, and any out of home activities, restaurants etc.
the down side for cineams is the social distancing that cannot be easily achived in a building designed to cram people in to be fluid in its revenue. when your spacing the seats out leaving at least 3 seats between small groupings (probably 2adults+2kids, then 3 empty seats between initially, and consideration of staging along rows. the cinemas will not be operating at capacity even when opened.
then you have to consider the debts that cineworld has.
I'm holding, there will be at least a doubling of current value as normality returns, if CW survive. but don't for one moment think this will return to the pre covid £3 SP