Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Good find, the WB deal was perceived positive in the market so I wonder if this will have a similar impact.
Because the US markets have hopfully turned a corner today then tomorrow we may see some gains or at the very least some sideways trading before spiking at the close ready for Mondays rise.
"US stocks regained ground on Thursday after a global sell-off on fears its central bank would have to act to contain inflation.
The Dow Jones Industrial average jumped 389 points, or 1.16%, while the S&P 500 gained 42 points, or 1.03%."
https://www.bbc.com/news/business-57096308
Sorry lsesb, obviously if you don't have funds to put in then I'm not saying sell up because of that. Being a holder through the hard times is just as difficult. I've been there on multiple drops on Cine where I've been all in and had to ride the rollercoaster but one thing I learned is with this stock if it drops hard and fast like it has, without any reason other than the market then it will likely recover just as fast.
Hamish well done on holding out for the 82p, i got 83p and am more than happy with that. Imo you are absolutely right, on days like this, even though it may be scary you have to choose your moments wisely and buy more. If you don't follow that thesis and don't believe in the stocks recovery then you may as sell at a loss and take your licksn. I feel you're absolutely right and your timing was spot on. Well done.
I just topped up a bit, good to bring the average down ready for the upward correction.
Give it the weekend for the stock market to get all this inflation rubbish out of its system and we should see things moving a bit more normal, until the next excuse they rollout to crash the market.
It's no surprise that no one is selling, who would want to sell when the business is on the verge of reopening and was just weeks ago so much higher. Market makers love to treat us like we're stupid and think we will just throw our shares away.
Cineworlds interest rates are fixed, as long as customers come back to the Cinema which a majority of indicators point to that they will then they will be able to service those debts and operate without concern.
Back to the 70's with a 32" Bush aye sammy? lol
I don't suppose anyone has found where to view the AGM or if its even being broadcast?
Haha I love that you needed to write that sarcasm disclaimer.
Morning lat, it's all games in my opinion. I'm starting to think even these "inflationary" fears are too well timed and being used as a mechanism to control the market. Obviously don't get me wrong there are concerns that inflation could stick but the caution should be nowhere at the panicky levels the market is making out when central bank governors/chairmen of some of the largest economies in the world have taken the stance that inflation will be transitory. To me it just feels like the Bears wanting to claw their way back into the game of what has so far been quite a profitable Bull market. When things start to get a little too high, they pull out some reason to drag the market back down be it bond market taper tantrums or now inflationary fears. Clearly the professionals don't really know because I saw an article yesterday that tried to blame yesterdays Cineworld drop on the L&G vote today. They need to make up their minds which excuse they want to use. If thats the excuse they want to hang their hat on then you would expect the sp to rise when L&G lose their vote today.
It is irrelevant, it's a vote out of protest against something that didn't go their way last time. It's less of a revolt and more of a temper tantrum.
All thats happend today is we lost yesterdays gains which i'm sure is in part to MM's having fun. Get the AGM out of the way and there shouldn't be any excuses for this to continue it's recovery.
Motley fool articles all have the same template, they say... "Cineworld investors have made loads of money on the sp recovery but I missed the boat and now i'm too scared to to get involved and you should be too, how about trying these boring "safe" stocks that will make you just as much as if you left it in the bank?"
The inflation fears are even more frustrating than shorters imo. Everyone is trying to second guess the Fed and its impossible to predict when the market will freak out like it has today. I just wish they would trust that Powell knows what he's doing.
Looks like inflationary fears and a poor performance in the US yesterday are dragging on the Ftse and us this morning. Lets hope we can push through it.
Cheers rm722, thats what I meant. It was one of the requirements to restructure a margin loan.
They decreased due to a requirement set by lenders when raising more capitol. It's likely this that prevents them buying more until the loan is settled or requirements met. Its unlikely due to a lack of finances and more contractual obligation.
When Borris makes his announcement on reopening and then Cineworld officially announces its reopening in the UK this should rise.