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50/50, lockdowns doesn't change anything right now for Cineworld, yes you are right. But if he announces lockdowns in UK till April, then that could be bad news for 007. Yes, USA is definitely a bigger market, but I do think the UK plays a big role still in the decisions.
And the only reason I say that is, the lower it is, the more shares you can buy!
Even though lockdowns help Cine longterm, I don't see why topping up now would make sense. If Boris is about to annouce new restrictions then it would be smart to wait on a down trend.
"Until 31 March 2021, you will not have to pay Stamp Duty on properties costing up to £500,000" wait until this is over. Usually it takes 3 months or so to complete on a house, so i'd say in about a month or two we should see a complete slow down, everyone who wanted to save on Stamp Duty should have already started the process to buy their home.
One thing that could be vital in that headline is... how many people where actually in hospital during the last peak? Last time we had 5,000-7,000 cases a day, at 40,000 currently a day we have finally hit last peak?
Don't forget stadiums where turned in to hospitals which where never used. So I am very unsure what the numbers are.
How would another vaccine being approved skyrocket this?... We already have a vaccine in circulation... I can see it making it rise 1-2% but that's all around on the stock.
With everything in consideration, I do think 38-40p is resonable price for this SP. Especially with higher covid rates etc, who knows what a possible tier 5 could mean for lloyds.
I don't personally see this share being 60-70p for a very long time! I don't even think next year it will hit 60p, but that's just my opinion, could be totally wrong.
Not sure how you came to that conclusion so quickly, more is at play that "higher number = good news ahead". BBC News released an article today saying only half the people in the UK will get a vaccine in 2021. The rest will be vaccinated in 2022. I do think the next step for Cineworld is to open it's doors for the movies going direct to VOD, I personally still prefer spending £8 to sit in a cinema with friends.
One of the my biggest concerns with the share going over £1 is how much more volatile it will become. The higher this share goes the risker I personally feel. When it was at it's 25-28s it was almost, ALMOST, risk free. At 60p I feel comfortable it will bounce around, go up to maybe 80, down to 70, then up and down blah blah blah.
I tried working out where this share will balance out, I personally feel the next big news is the doors opening for viewers. Which I am sure will boost this share 10-20% just on that news alone. But long-term is anyones guess right now.
Any thoughts on what this share will after all the good/bad news is out the way? I think it's obviously none of us see it going back to the £2-3 mark it was at pre-covid/last year, atleast for quite some time anyways
I wouldn't sit on this share, I would play with it. You can easily lower your share price on days like this, it's moved 6-7% today. Could have bought another 6-7% worth of shares.
Just a question, looking for opinions, is there a reason why Cineworld is still 8% shorted? Are people expecting a huge drop that I don't know about...
Considering, they have got funding for a while longer, vaccine around the corner (still months away till we see the world get back to normal), UK opening back up (even though cineworld will be shut for months more but still good news).
as well, each day situations are changing for every company, no point putting out news that will not be valid in a few days time. Mooky had no idea of a vaccine news coming out only a week ago, which I am guessing put them all back on the drawing board to figure out their next move.
I am trying to be smart, and detach my mind from this share, and look at it more of an outsider, and this is a posibility. But I do think James Bond directors see more profit putting it in threaters then offering it to VOD sites. It should increase the profit dramatically if all goes well with attendance at cinemas.
I don't think they will hold off forever though, as each day is costing James Bond money to pay off loans that where taken off for the movie.
Can I just say, the title is the most ridiculous thing i've ever read...
Of course, he has a lot of money in this company, but if no one gives Cine waivers or any leniency then of course, he will lose his share in Cine... we are all hoping that won't ever happen, but... just because he has money in the company don't mean it won't go under if all else fails.