The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Broker’s note puts aircraft engineers Rolls-Royce and Meggitt into nosedive
https://www.thetimes.co.uk/article/brokers-note-puts-aircraft-engineers-rolls-royce-and-meggitt-into-nosedive-l906jgx8z
Rolls-Royce: Brexit uncertainty is an issue
https://www.bbc.co.uk/news/av/business-40341831
Rolls-Royce says it has spent £100m preparing for no-deal Brexit
https://www.theguardian.com/business/2019/aug/06/chief-says-rolls-royce-spent-100m-preparing-for-no-deal-brexit
https://markets.businessinsider.com/news/stocks/no-deal-brexit-cause-drop-uk-bank-stocks-morgan-stanley-2020-12-1029885497
"
A no-deal Brexit could cause a 10% to 20% drop in UK bank stocks and a 6% to 10% decline for London's FTSE 250, Morgan Stanley says"
CINEWORLD sp was around 52p just 6 days ago!
What has changed? Studios are going to be streaming movies online from now on the same day as cinemas. Some news take time to digest, it will reflect in Sp over the next few days...
Time will tell. But 40p-50p looks on the card in the near term.
There is a reason why MMs dropped Sp to 58.5p in the morning...
Warner Bros news will mean CINEWORLD's 2021 revenue will have massive impact....
Cinema's will have to open with REDUCED capacity during 2021 due to virus....now Studios are going to stream movies online on the SAME DAY! CINEWORLD will be lucky to achieve even 50% of the revenue it did in 2019.
Good luck all
Warner Bros...
Disney....
All major studios are going to move atleast 50% of the business to online streaming...
Cineworld will never achieve historic revenues again...
How are they going to pay off the massive debt?
Dropping fast.
Hold tight.
Day traders buyers now moving out... after banking 10% profit :)
Sp now on downward trend...
AMC down -16% yesterday
CINE will slowly catch-up...
How much will Wanrers news impact CINE's revenue?
If you are not a fan of going to cinemas and stream movies online. Why would you go to cinema if studios will release the movies online on the same day!
The Suicide Squad, Dune, and Other WB Films to Debut on HBO Max and Theaters Simultaneously
http://epicstream.com/news/BayaniMiguelAcebedo/The-Suicide-Squad-Dune-and-Other-WB-Films-to-Debut-on-HBO-Max-Next-Year
Warner Bros. to release movies on HBO Max for the next year
https://www.latimes.com/entertainment-arts/business/story/2020-12-03/warner-bros-to-release-movies-on-hbo-max-for-the-next-year
"“Wonder Woman 1984” studio Warner Bros. is throwing a golden lasso around a new and controversial way of releasing movies in a sign of how dramatically the COVID-19 pandemic has changed the film distribution business.
Warner Bros. announced Thursday it will release its entire slate of 2021 films — including potential blockbusters such as the upcoming “Dune,” “Godzilla vs. Kong” and a fourth “Matrix” — in U.S. theaters and on its sister streaming service HBO Max at the same time — a stunning departure from how Hollywood usually does business.
Executives at AT&T Inc.-owned Warner Bros. said the plan is a short-term fix to an extraordinary situation, however, and does not represent a new business model for the studio. "
https://www.vanityfair.com/hollywood/2020/12/warner-bros-movies-hbo-max