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https://www.bbc.co.uk/news/business-55180055
"Warner Bros has escalated tensions between Hollywood's studios and US cinemas with a decision to make all releases available to stream as soon as they hit the big screen.
The move will enable film fans to watch the forthcoming sci-fi epic Dune and the Matrix sequel on HBO Max at the same time as their cinema release.
Typically, new releases are shown exclusively at cinemas for months.
But with many cinemas shut due to the virus, studio revenues have plunged."
Lower revenue,
higher exps (wage rises, covid safety costs, higher debt interests etc.)
Lower profit
Zero shareholder value....
Below 60p now...
55p next...
60p going soon...
Hold tight...
40p is coming
https://www.bbc.co.uk/news/business-55180055
Warner Bros' films set for simultaneous cinema and US streaming
Published
10 hours ago
Looks like it's old news. But twitted at 27 Nov? Not sure.
Is this correct? Can anyone confirm?
"Zazoom Social News
@zazoomblog
·
27 Nov
UK’s Cineworld targets U.S. expansion with $3.6 billion deal to buy Regal Entertainment - #Cineworld #targets #expansion"
Do Cineworld have any room for further debt? Crazy.
Greenbridge Empire cinema to remain closed when lockdown ends
https://www.swindonadvertiser.co.uk/news/18911732.greenbridge-empire-cinema-remain-closed-lockdown-ends/
" The cinema added that gift card and voucher expiry dates will be extended to cover the closure.
The other cinema chain in the town, Cineworld, closed both of its Shaw Ridge and Regent Circus locations earlier in the year.
Movie postponements and Covid restrictions were also behind that closure.
Cineworld is yet to announce a reopening date. "
https://www.bristolpost.co.uk/news/bristol-news/plans-unveiled-demolish-south-bristol-4752621
Plans unveiled to demolish South Bristol leisure park to build hundreds of homes
South Bristol's only cinema would be flattened
"But the main bulk of the Leisure Park, including the entire car park, the cinema, Buzz Bingo, and the Domino’s and Frankie & Benny’s in the middle of the site, are included, and will be demolished under the plans as they stand."
"Rolls-Royce shares: would Warren Buffett buy?
The reason I don’t see much investment appeal in Rolls-Royce is that I view it as a ‘low-quality’ stock.
Just look at the company’s financials. In three out of the last five years, it has generated big losses. Analysts expect the group to generate another substantial loss this year.
Rolls-Royce also has a pile of debt on its balance sheet. In the group’s half-year results, it reported net debt of £1.7bn. The group has raised money to bolster its balance sheet recently. However, it’s still not financially strong.
Then there’s the dividend. This was cut substantially a few years back. Since then, the payout hasn’t been increased.
Putting all this together, Rolls-Royce is the kind of stock billionaire investor Warren Buffett would run a mile from. Sure, Rolls-Royce’s share price could keep rising in the short term. However, the lack of quality attributes suggest to me that RR is unlikely to be a good investment in the long run."