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I'm back in card again @38 today. It's way undervalued compared to other stock at the moment. Considering the Christmas period ahead, I'm buying for long. Next week both Oxford & the other vaccine news coming & this can be easily 50+ within short time like CPI (24 to 40 in 4 days).. But I'm mainly buying here as suddenly may jump big & go out of reach for me. Holding this 6months can double the money here. My opinion only.
Hope to see a good day for market
In 10 minutes 5% down then 5% up then again 5% down.. what a game being played with us.. for me I'll hold & will see the end
It seems some II controlling this however they want.. 10% up to 5% down within an hour.. plus we don't know the reason behind this!
If it can go down 50-60% in a day on closing news, why it can't increase like this when the major sites are just starting to open? SP moves in the future expectations & this 11 sites opening giving the expectations of opening in full operations day by day in coming days.
37 touched
Is it the reason for the rise? Is this the beginning of Good news that all long-term holders need?
Not sure already posted here or not but this will give an idea about CINE going concern.. none want to waste money if they are not sure they will survive.
https://www.kentonline.co.uk/ashford/news/cineworld-expansion-takes-shape-despite-closure-235772/
I think it's for the AMC news that they are open now & will remain open.
That's always true that it's not a loss until you sell it.. keep if you have believe in this.. fluctuations will always be there..
That's call overreaction.. unfortunately I couldn't buy the whole amount I wanted to buy because of 212 problem I was facing. But not bad so far, I can wait 6-12 months now..
Bought at 16.5.. anyone facing problem to place buy order in 212 now ? It's keep saying me can't invest more than 95% free fund even if I have more!
For those who didn't get my message.. I'm not saying it's not going below 35 rather I'll start buying when it's less than that & will keep getting small amount to average down & wait for 6-12 months. BUT I'll not be out from CINE here.
For me I'll start buying if it goes bellow 35.. nothing has changed negatively here for me rather than I have to wait longer than I thought to reach my target spot £1.
Problem is the lack of upcoming big movies. As the studios are delaying their big movies next year plus the big 2 not open in US yet.. so mookey indirectly forcing them to open soon & release the big movies this year
I'm holding.. I'll start buying if it comes bellow 35..
Obviously delaying the major films a negative news not only for the CINE but also for the whole industry. If CINE is closing temporarily for saving expenses & resume next year, how the other cinemas are better than cine here? They will face the same problem as well as pack of major films but has they gone down that much after the news? No just AMC just down 1% now.. so the big fall some of us are expecting here is not illogical?
I'm thinking of buying selling my other shares & holding for 1-2 years..
Cine management already said that they expect debt covenant will be waived.. yes everyone understands the situation & nothing particularly bad for cine. So anytime soon we will get the positive news for cine as well
Yes but that's already priced in.. last year this time SP was 4 times of what it's now.. securely business hasn't gone down that much.. plus it's only sale has gone up considerably from lockdown period.