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This share is under valued and has been walked down over the past few weeks so by all rights this should rise tomorrow, but we all know it doesn't always work like that. If the positive box office from the weekend brings in the volume then this will rise, if we end up scraping volume then the market makers will likely see it flat. We'll just have to wait and see but one thing is certain, this has been a great weekend at the box office.
Thats why its best to just think critically, ignore the noise and DYOR.
I think the idea is that its wide spread, across multiple forums to try and influence retail investor sentiment. It must have some effect otherwise they wouldn't do it. Not every basher or de-ramper is paid but its well known there are those whose job it is.
One thing to remember about the debt argument is that the pre covid debt was well known about. A large portion of debt was taken on during the purchase of Regal Cinemas in 2018 and this didn't stop the share price reaching highs of over £3 in 2019. The market didn't seem that concerned about the debt pile then. The share price started to slip back 2020 off the back of the announcement that Cineplex would be bought adding to the debt pile. This deal didn't go through and despite the need to take on debt to survive the pandemic I would guess its still less than what they were going to fork out for Cineplex. As soon as we start to pay down debts even gradually then the share price should turn a big corner imo.
Currently $97,712,373 reported as a domestic opening so far. It's now almost a certainty that this weekend the US will blow past the $100 million dollar mark. A great sign of things to come.
https://www.boxofficemojo.com/weekend/?ref_=bo_nb_hm_secondarytab
US Weekend Box office Friday through Monday so far is $57,677,040 so on track to surpass that $100 million.
https://www.boxofficemojo.com/weekend/?ref_=bo_nb_di_secondarytab
"Major movie theater circuits AMC, Regal Cinemas and Cinemark have adjusted their policies on face masks, allowing those who have been vaccinated against Covid-19 to not have to wear them.
The change comes as the North American box office heats up this weekend. Paramount’s A Quiet Place, Part II and Disney’s Cruella are battling over Memorial Day, the traditional marker of the summer box office. The films entered today with more than $6 million in Thursday night preview receipts between them. Coronavirus infection rates are declining across the U.S. and hopes are running high in the movie business for a return to healthy grosses.
On Regal’s website, the company describes its current policy. “Masks will not be required unless mandated by state and local guidelines,” the site says. “Where masks are mandated, they can be removed only while eating and drinking while seated in an auditorium.
Employees of the theater operations will still be required to wear masks."
https://www.google.com/amp/s/deadline.com/2021/05/major-movie-theaters-covid-vaccinated-patrons-no-mask-1234766333/amp/
This Memorial Day weekend could break the $100 million mark at the box office.
The weekend of April 23 is the highest-grossing weekend the box office has seen during the pandemic, with ticket sales reaching $57 million.
Heading into this Memorial Day weekend, more than 70% of theaters are open and Hollywood has two blockbuster releases: "Cruella" and "A Quiet Place Part II."
https://www.google.com/amp/s/www.cnbc.com/amp/2021/05/28/memorial-day-box-office-could-be-first-to-top-100-million-during-pandemic.html
Bonkers you are right in that we can look at alternative chains to AMC to get a more rounded picture of the current sentiment for the industry across the pound. Currently we also have...
AMC: 45.85%
Cinemark: 3.87%
Cineplex: 4.65%
Looking good overall.
I never post predictions and my viewpoints are backed up by facts. The worst anyone could say of me is being a little optimistic but so far by being bullish I've been on the money and made a good chunk of it in the process. I'm filtering you now so latpulldown doesn't have to see me give you credibility by replying to your inane posts and so I don't have to see you clog up the board.
You only need credibility if you want to be taken seriously, clearly you don't and would rather just post contrary posts regardless of reality. You may not realise it but your just as bad as those who post £2 tomorrow. They aren't taken seriously and neither are you.
What you should be apologising for ITrader are all the lies, seriously, you have no credibility at all.
You mean this quote Basilius?
"The stock market is a device for transferring money from the impatient to the patient." -- Warren Buffett.
There is no reason for them to drop the sp back into the 80's even if it was for a split second. What the heck are they playing at? It's either filling an order or a cynical tree shake imo but who the heck knows.
Haha, I saw the video yesterday. Put a smile on my face.
Good luck Bonkers, prepare the ice packs.
The might start to sweat after good attendance over the bank holiday and half term.
Would make sense considering thats the bid price.
Its 94p now, what are you waiting for.
The only thing you run is your mouth, pipe down.