Be fearful when others are greedy..29 Jul 2021 13:54
.. and greedy when others are fearful! (I can’t take the credit for that quote ;) lol)
With the success of vaccine rollouts in USA and uk, Biden is now calling COVID the pandemic of the unvaccinated. We will recover from COVID imo, and things are now slowly getting back to normal. Cinemas operating at high capacity now etc and wanting to get back out and about. Doubts around streaming and piracy.
Obviously all investments come with risk, and if cine’s high debt levels scare you off then I understand that. But the greater the risk the greater the reward, and imho I do not see cine folding.
Share price has potential to double here in a short space of time.
Obviously this is just my personal opinion, and I know some will feel differently.
Please do your own research and only invest what you can afford to.
However, personally I’m looking forward to a strong cine recovery from here on out.
Good luck to all.