The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
@Cupid - Boots maybe but the price point needs adjusting down if its going to fly in Boots.
About a 3, getting paid £££
Issue is your entry point. Some will have been holding from the beginning and therefore have a very long way to go.
Whereas others will have entered more recently around £2 or under, therefore choice to crystalise small loss to buy low and gain huge is the difference.
The next issue becomes that if investors enter now and this rallies, they will sell at £2 with 30% profit. Its going to be a rollercoaster for a while to come and there is money to be made at these levels.
Easier said than done, this will yo-yo for a while until something majorly positive comes out. Feel like shorters along with day traders have moved in and are benefiting daily on this. 5% up and profit taking daily is still making money vs waiting long, let alone medium term!
THG share price is going through the same flow - massive fall over the year and now in a lovely yo-yo cycle!
Any thoughts on this? For one I can see positives in the business but something is not right behind the scenes either.
https://www.theguardian.com/business/2022/jan/11/matthew-moulding-the-curious-case-of-thg-founders-property-deals
I sold at a loss at 188 today. Will buy back in when this hits the bottom.
At moment I cannot see a real end in sight as the optimism has gone and optics on THG is not right.
I will wait and buy back in once it hits bottom.
The SP is still cheap. New movies and revenues will continue to be solid.
Biggest thing is plan to reduce debt and any settlement clarity - I think this is the transparency that is required in 2022. This will hold or allow SP to rise.
Lol 1.5p per share!?
If there was an issue with the business viability, I still see someone stepping in and buying Cineworld.
But revenues are coming and will continue to do so. Boris is not shutting anything down.
Key thing for tomorrow and rest of the week is for the SP to stabilise around these levels. I can see this going higher but would prefer stability and then confidence in rises as revenues come in and some debt is paid. Plus the settlement scenario should become clearer during 2022.
Good news! Regardless of COVID, CINE will always make money, its just trying to get passed the COVID & debt disruption. Hopefully revenues will stabilise and medium/long term outlook will be good.
jgj99 - I think the same, some are just too impatient and think everything should just go up. This is only the beginning and startup are/can be volatile when it comes to SP.
I am sure most on here, including myself, were a little disappointed at the time SP went to 10p and then dipped all the way back down to 6p, it just felt CBX did not carry the momentum with any energy. However with a bit of time and thinking its ok, it makes sense that the company will go through test and growth stages, while the SP may fluctuate.
Regardless I have held throughout the ride. 2022 is looking promising and I think actual launch, sales and revenue will make the difference to real growth.