Uncertainty will be there for a day or two. All reports suggest that this variant is very mild compared to delta.
If it grows to be a dominant strain, it’s like a new vaccine being discovered that costs nothing and still gives immunity/antibodies.
Markets might open in red but as the reality sinks later in the day markets will recover. We could close in 130s tomorrow and end the week upwards of 140 imo, DYOR.
Amount bought is always the same as amount sold.
Every trade has a buyer and a seller.
As a long term investor am not worried at all.
This will come good in a years time. Just sit tight and don’t look SP everyday.
https://www.bbc.co.uk/news/world-europe-59363256
Seems no more appetite for lockdowns in Europe, people want to get on as normal even with rising cases.
300 p will be seen by 2022 year end, imo. At some point in 2022 world will discover that pandemic is over and that should lead to massive rally in travel sector. Think what holds us back is the daily reports on rising cases somewhere or other.
But all forecasts suggests that pandemic will be history in the first half of 2022.
Very surprising that such good news not getting any media attention - nothing on BBC, Sky News, etc this morning.
They just report some sporadic Covid cases in unvaccinated people of Europe.
“Unfortunately we are in the grip of shorters and market manipulation and its very hard to see a way out of it “
Seems the way out of this is when the company releases actual quarterly results. Will be very difficult to justify current low levels then.
Long term hold for me as well. Bought at 95 p and hope to see this double in a years time.
All the UK stocks I hold at the moment will double in a years time :)
Cine, Nex, RR, Lloyds
Time will tell
SGC is trading much below 0.36 of Nex. So could be that the merger is off the cards or the share ratio is below 0.36 for SGC.
Something might have come out in due diligence of SGC.
Whatever the outcome Nex is set to fly and not so sure about SGC.
Simple message of today’s update is that the business returns to profitability as the pandemic fades.
Erases all doubts about CW being a going concern.
AMC result was positive. They went down because they had risen 8% yesterday. If they drop 8% today means they stayed the same this week.
Crucial bit is that people are back to the cinemas in droves.
Even with higher tickets prices and higher popcorn prices. This augers very well for the cinema industry.
Compensations are awarded if someone suffers damages by actions of another party. Here CW has not caused anyone damages. They seem to have missed in the contract a clause on what happens if the deal falls through before settlement. This should at most cause a few millions in penalty as it’s customary in a few m&a deals I have heard of.
Moreover, considering that cineplex deviated from normal course of business even that is not payable here.
If their “demand for over a billion is because that's how much their shareholder payout would have been if the deal went through” this would have been genuine and valid grounds if they actually paid that much to shareholders.
Here there were no payments done to shareholders which means the demand is totally invalid.