The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Wolf you fail to mention that companies can come out of chapter 11 and perhaps not all is lost just yet ;)
Wolf you remind of InDepthWins from back in the day.. the small details like you have no financial interest but are here for education purposes, down to your writing style and the fact you hang around like a bad smell
Theres still the same group of people from 2 years ago under different names and its easy to spot you all
I have already posted about this as soon as i saw it on the kroll site.. ending these 22 leases saves $12,000,000/month
https://twitter.com/_rewardrate_/status/1567680749725270017?s=46&t=g80afBm-9BRdqJzJL6WZYw
They are just out to rip holders off.. just sit tight and wait for things to unfold. Nothing good can come of selling to these bottom feeders who dont include Rasp in their valuation and make stupid lowball offers.
Nope it was worth £11,000,000 in 2019 and worth £880,000,000 now
Wolf - you didnt even put DYOR
Profitjock we dont need running commentary we are all watching the rise for ourselves and we can see what numbers are above the current price ;) also a nice gap to fill to 20p
And what happened to them Hexam?
Seems kind of stupid to use the $1bn to pay old debt straight away to the same creditors who are loaning this money .. call me crazy but it just means replacing comparative low interest rates for 20% interest rates and not actually having any money to tide them through putting cine in an even worse position for the creditors to vulture on the complete carcass at a later date ..
Wolf why cant you just include in your post .. what actually did happen to vue shareholders exactly :) maybe it will stop a few people assuming the worst from your words
Depends of your interpretation of 'the old model' not working.. because the old model was working beautifully until governments locked everyone down and subsequently studios starved cinemas of product.. once all that covid madness behind us and everything back to normal its a very profitable/successful business model
Nice msg HNS.. see you Q1 2023 ;)
Are you talking to me? I am not negative about Cine.. i still think Mooky and Israel will fight to the very end to protect their family legacy.. and im still a holder (way more than i originally had and way higher average than you probably) .. can i not share findings now?
"120. As Cineworld’s largest shareholders—with an approximately 20.08% interest in the Group’s ordinary shares26—my family understands the impact that these losses have had on the Group’s shareholders and employees. Our holdings are the product of generations of hard work and big dreams—dreams that had come true before the pandemic. And we know so many shareholders similarly invested their hard-earned income into the business until, seemingly overnight, billions of dollars were lost. The stock price collapse from its high in April 2019 to present caused me and my brother Mooky to lose more than £1 billion that was held in trust for our families."