Member Info for mountainous

thank you forest9 and daddy-c.

We retail investors hold a good proportion of the stock, so we hold more power than others think :)

This will come very good indeed imo. Some outlets are giving us price predictions for 300s, combine that with the dividends and we are flying.

We have reached 90% of 2019 revenues with just 91 releases in October. 2019 had 217 releases. Once the normal schedule for movie releases resumes CINE is effectively going to be a free cash machine for investors when you also account for cost savings imo :)

Thank you very much smalltrader, glad you liked it :)

Today has been a particularly dampening day, both with the sp and here too. We were filled with excitement yesterday and now we have the usual trolls returning with their negative sentiment.

It’s infectious unfortunately, so I think we need to slow the spread and social distance from them by putting them on the filter list, we’ve had plenty of practice with social distancing for the past 2 years XD

100%, I feel this will come good and juicy in the long run, the fundamentals are on our side :)

Absolutely Mr Cali, as Warren Buffett said the stock market is a mechanism to transfer money from the impatient to the patient :)

It’s understandable. This share seems to be going nowhere.

March 2021- 0% of 2019 revenue and 122p sp.
Now, October 2021- 90% of 2019 revenue and 63p sp.

Not only that, but we reached 75p and straight away have retraced back to our original point of 63p, same thing happened at 84p.

We are all here for profit (if you’re a LTH), so when it doesn’t come and when the sp behaves irrationally it is normal and common to feel frustrated. However you must remember that the Hedge Funds want you to do exactly that.

I won’t repeat the same points we’ve discussed at length with regard to manipulation, we know that the Hedge Funds are in deep water. The daily volume is insufficient for them to cover. They are practically in a locked room because there is no way out for them right now.

I will repeat just this one point. Market Makers hold CINE shares to provide ‘liquidity’ when it is needed. We know how they can conspire and we saw exactly that when Polygon was covering at length. How can you tell me that Polygon was closing and the sp was having zero effect? It isn’t a coincidence that during the same time period, we were seeing large sells in many after hour sessions, with the obvious intention of creating liquidity for Polygon imo. I have never seen such sustained selling off in the after hours with CINE. Once Polygon was done covering, the excessive selling off just happened to disappear.

If Market Makers want to continue doing that, that is ok, but I can tell you right here and right now that they likely do not hold enough CINE to cover for the remaining 7% of short interest. Remember about 20% is held by retail and private investors and 78.15% is held by institutions.

So eventually, Market Makers will run out of shares to send for their conspirators at a lower price, and then the Hedge Funds will have no other choice but to approach the open market for their shares, which is already highly volatile and insufficiently equipped to handle the increase in demand without an increase in the sp.

That short squeeze will come one way or another. Right now, they are kicking the can down the road for themselves.

Even if they find a way to not trigger a short squeeze, other institutional investors will see the opportunity and seize it at large, that alone will cause an insuppressible surge in the sp.

This just requires patience. The company will recover fully, the court case will come to an end, the debt will reduce soon. Cineworld had a plan to start deleveraging in 2022 and we have already met a major milestone (90% of 2019) ahead of schedule.

Don’t lose your hope, the last thing you want is to sell off and then see a price surge afterwards. There are people here who sold at very low 60s just to see the price rise to 84p the following week.

All in my opinion.

Have a great week all :)

I would also like to remind people that we had a situation last week where a member’s stock broker was unable to process an order because there were insufficient shares on the market.

Rises like yesterday’s 15% are due to this low daily volume, it will obliterate the shorters. If the court case is a success they are toasted to perfection, because there is no chance in hell they are going to get the shares to cover.

Also, remember this. There is only so much buying pressure they can suppress. If we regain some institutional confidence and they come with the big bucks, then all the shorters can do is stand there and look, we have had institutional confidence recently, and even the fact that 78.15% of CINE is held by institutional investors is confidence enough.

Wait patiently. They were able to bounce this back down when we reached 84p, let’s see how they do at 100p. See you there.

All imo.

Good afternoon smalltrader, hope you are well.

You indeed have a point that there could be a secondary trading update later this year following the Cineplex case being finalised. I believe it was you who also first anticipated there would be some sort of trading update in November.

The idea of a secondary trading update makes sense because if you have a look at previous trading updates (particularly from 2019) you will see that they are more detailed and contain more financial information.

Let’s wait and see what happens. Yesterday’s update gave me sufficient confidence to increase my position.

I bought a few more shares at 63.78p today.

What you need to realise is that for us to drop after such a positive trading update yesterday is NOT normal activity. The substantial increase in the sp yesterday meant there were people out there buying at those prices (70p+). The trading update shows a good solid recovering occurring, the tide hasn’t changed today nor will it for the considerable future unless if COVID resurges. This is the same share that people were buying for 72p yesterday.

We are literally at 90%. Cineworld forecasted this back in July-August and said if we reached it we would be just fine financially, and we reached it even earlier than what cineworld was expecting. This should be in excess of 100p right now, even then it is undervalued right now imo. We are in a situation where we have virtually zero chance of bankruptcy, and to my understanding Boris essentially said no lockdown at yesterday’s conference.

To add further, we have seen a sustained drop in the short interest in recent weeks. It is not a coincidence. Even the most bearish amongst us are changing their perspectives.

I hold CINE happily and optimistically, taken today’s drop as an opportunity to top-up further and have further cash aside for later.

Hello Cavendish, we are referring to the court case regarding Cineplex and the terminated acquisition.

The Regal settlement you are talking about has already been settled, and the $250m was set aside beforehand, so from my recollection we didn’t need to dip into the credit facility for that.

It’s funny isn’t it? I don’t see their logic. We have quite literally just gotten one of the most positive trading updates since the pandemic has started and the price is starting to fall back down.

It is normal to expect a pullback, certainly, but not to this extent. If you take a look at the 1 week chart is nearly looks like an entire u-turn.

I, for one, put extra funds into my account over the night, and I will top-up quite significantly if we see 60-64 again. I also have another friend who is invested in CINE who is also planning to do the same.

Confirmation of trading improvements, with the same sub-standard price, what a bargain in my opinion.

A sudden, substantial buy just a moment ago, price rose from 7%+ to 10%+

What a fantastic trading update!

Now at 90% of pre-pandemic revenues, remember that we needed 90% as part of our base case scenario in our interim results.

What does this mean? Cineworld is able to continue operating with sufficient headroom and will meet the leverage tests we have next year in our current state.

Many of us predicted this, and now it has been confirmed, and many of us also saw for ourselves that the UK segment has been doing significantly better than pre-pandemic, something else that was confirmed to us this morning.

Someone has said that this should be 120p minimum and I agree. Once the court case is finished completely I don’t see any kind of hinderance holding us back.

Today is a confirmation that my money is in the right investment, I am not selling a penny :)

All imo.

Hope everyone is having a good Sunday and ready for another week of CINE’s unpredictability

Just wanted to highlight how i’ve been seeing quite a nice increase in the number of paid partnerships that CINE have been doing on social media. I’m seeing a great deal on Instagram in particular.

CINE has the money for paid partnerships with influencers, they have the money for site refurbishments and improvements, they have the money to build new sites (Colchester) (note how CINE stopped the starting of new projects during the pandemic as a method of cash conservation). So if they have the financial capacity to do that, I have no doubts about their financial capacity to stay in business.

Have a fantastic evening everyone.

can you just be quiet? nobody cares about your 55 prediction, the fact you gave your word that you weren’t going to speak until then is a bonus for us.

This is not the first week you have predicted CINE will hit 55, and it isn’t the first time you’ve been wrong.

Good evening Bonkers, hope you are well.

I agree with Crumpets here. I think that it is in the best interests of the sp to wait until the court case is decided upon.

So if we lose and it’s bad news, we have good news to counteract the drop in the sp.

If we win and it’s good news, then we get a further boost to the sp and we should be able to smell the smoke from the burning shorters :D

Looks like a lot of people on this sub have taken interest in VLS seeing the derisory increase in our stock compared to them haha

Stock up 42%, well done to all those who caught it early, I believe lpd and Sammy are amongst them :)

Someone made a post on the Reddit forum which highlighted how the volume suddenly picked up during the last part of the trading session.

We are fighting with bigger and stronger monsters, but all it takes is for the fundamentals to take over in the form of a solid trading update and/or a positive result from the court case, and you have a David v Goliath situation.

As you saw yesterday, the number of shares in the market were insufficient to fulfil a retail order. Short sellers are known for conspiring together, alongside their market maker counterparts who also hold copious amounts of shares.

imo 398p is not an extreme estimate, however it will take a substantial period of time.

personally I’m waiting for that price and happy to pick up the dividends along the way. We have an enterprise value in excess of £7bn which would give us an sp of over 500p so 398p is not a radical estimate imo.

It will take a good amount of deleveraging and a continually improving box office, which is what we had pre-pandemic, so personally I have no doubt.

Price action at the start of the day was lovely, shame we’ve come back down. But we have broken through 67 clearly and it bodes well for the near future :)

Hopefully the court case verdict is out in the next 4-6 weeks as previous cases and we can score ourselves a potential win or an exit with minor damages. Once that is gone, I envision that cineworld will release a trading update so that the sp can react positively.

Fingers crossed, excited to be a shareholder :)

Hello LTHcine, hope you’re well.

Please can you specify what you mean when you say that we don’t actually own the shares? I have an ISA account and one time I made an order to buy some CINE and I waited for the 15 minute delay on the London Stock Exchange website and I saw my exact order to a T come through?

Hello antmoss, that is indeed correct to my understanding.

Trading 212 states: ‘Shares held in an ISA will not be lent out, and are excluded from the program’

I assume this is the same across all other platforms.