The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Was just about to share my confusion on the matter. I was under the impression the media never lied? Yet here we are and many papers ran with a story about takeover talks that never existed.. hmmmm
Is there anyone here who knows how to use it? Can we teach the AI to learn about Cineworld court proceeding and get it to write up a summary?
I think we could see Super Mario Bros be the best performing movie of 2023 - $2,000,000,000+ is my prediction
Something for everyone this year, im pumped for quite a few movies
Im still hopeful that continued good attendance figures will lead to an exit of chapter 11 that doesnt completely wipe us out. Maybe im fooling myself as it seemed a bit dodgy that lenders were refusing to lend any more money all year and allowed Cine to get to just $4,000,000 cash on hand only to stump up $1.96bn on first day of Chapter 11, kind of seems like they have an idea what they wanted/& were willing to continue lending but have used Chapter 11 as a way to slimline the business and cut out the crap leases they were stuck with from the Regal acquisition. Ever hopeful they just needed to buy time to get through the quiet period and will allow us to emerge relatively unscathed when figures show debts are manageable.
Wish everyone all the best, but im not going to worry personally. Not good for the health :) the main damage has been done and iv been lucky to average down to what i think is a manageable level. Hopefully everyone eventually comes good.. apart from shorters and naysayers who said streaming would kill cinema.
Yeah as Cruis says we shouldnt live with a single shred of hope and we should all sit here depressed about how crap our investments are
"In addition, traditional studios are brutally reassessing how output such as films and movies should be exploited to maximise profits."
Like a lightbulb moment where they realise Cinematic release is the most profitable route..
"It could well be streaming services, the cinema industry’s bete noire during the pandemic as studios experimented with bypassing movie theatres altogether, that plug the final financial gap. Their business models are shifting, from a wildly-loss making splurge designed to keep viewers at home, to one of one of sustainability and profits."
Hallelujah!
Because they work out buys/sells in a dodgy way.. say im looking at selling a large quantity i set my price higher so as people buy them they are registered as buys because they are paying top end of the spread.. but i still have more to sell so i continue to create a barrier/lid on the price. After iv sold a majority of what i need gone i then dump a larger amount and knock price down.. we see it repeatedly and still doesnt register for some whats happening
Most of us have been effectively wiped out, a few % here and there doesnt make much difference. Only the outcome of the chapter 11.. if you are only in for short period looking for a few percent i dont see how you can moan in all honesty? We were at 2p the other month, so still looking better than then
Never known someone to moan as much as you, whos probably not even holding. Or has only been holding recently. Just chill out.. its boring.
Too much worry.
I must say im a little confused over so much hate for Mooky, its not like hes turned out to be a murderer or something. He was found to be indirectly responsible for not showing a few films in certain locations.. big duckin woop
You've lost the plot
Get out of what?
Of which he was 'indirectly responsible' ffs
How is he a rat? Not exactly the crime of the century
Months old news
This information was public so many months ago, why the need to RNS it now?
Hexam have you thought about starting a youtube channel? Or we could all use Twitter spaces to have discussions about Cineworld in realtime?
Show your workings of how you came to the market thinking the probability of this share being worthless is 90%?