Member Info for nacho2

I agree its a lot of debt and can understand people selling BUT we have a hedge fund with equity secured on Mookys shares who won't want a rights issue unless its favourable to them. We also have the key bank secured lenders not wanting a hedge fund to muscle in on "their" debt-secured assets. This is a positive.

I can't help feeling that Mooky bringing in the 11% interest funds was part of his worst-case scenario plans. Along with taking the precident of closing cinemas. I can't see him reopening just for wonderwoman unless he knows it will pay its way.

Make no mistake, high risk here and if the ceo was like intu's careless ceo, I would not be here still. My money's on Mooky here. Don't invest what you can't afford to lose.

Thanks NOFEAR for update. So maybe rumours of cva's were just unfounded or sponsored news content by shorters haha. Always good to have two competing offers - gets a better deal.

I think it can still be a promising turnaround though not this year. Waiting on my buy target which takes into account new equity ri.

48 billion pick and mix sweets in debt haha.

I feel nervous about the markets atm. What with brexit and what if vaccines have problems. I might be totally wrong - and from yesterday am so far.

Still in cine because I don't want to be out for waiver news. Could be good, could be bad, but I'm optimistic.

Maybe this trump warp speed talk is the reason for the late rise in sp. Not big rise, but still noticeable. Hopefully some real news for once.

If firstgroup which has made a loss for the last two financial years can get debt waivers for 2021 then i would think cine can.

Firstgroup went up by 20% on news of waivers, though maybe say 15% on waiver and 5% more due to vaccine news. I know cine has more debt than firstgroup, but a threatre is safer than a bus regarding c19.

I personally can't see us private investors getting off without having to take a haircut on sp - the lenders will obviously want to maximize their holdings. Until the debt waivers are announced, the waters are murky.

Amc sp dropped by 10% on news of a 20% share dilution ri.
Amc by their own last estimates had a cash burn of 100 million dollars per month, though they are starting to close/shutter more venues now.

I'm unsure whether the invested lenders will want a ri as such. They may however request cheap shares for cineworld getting more equity, if thats possible.

Zico i think a lot of the rise is due to investors selling riskier stocks they took profit from, and are buying in here for a safer ride.

We each have to decide for ourselves when to buy/sell. If you miss one opportunity, just wait for the next. We all have opinions on stocks and don't always agree. Take the cineworld chat as an example lol.

Well Velo, your trendline of 117p threshold has now been reached. Dare i say it, 130 now more likely than 100 now. Only new news that i know of was what velo pointed out yesterday about forecast future profits being increased.

All else being equal, i believe 130 won't come that quickly, but if brexit can be sorted without bt having high import duties on hardware then It might come.

I've my fingers crossed then for 130 velo haha.

I agree fleccy, and think bt's time for more growth is in the medium to long term. Everyones chasing the likes of tesla with high growth in revenue (even with no profit). Imo nothing wrong with steady revenue and increasing profit. Builds a leaner, more agile company, that when they do increase revenue, will be able to maximize roce and margins.

None-the-less interested in what you disected Velo.

I think sp should be around 130, as it was at this even when the situation was a lot bleaker with more unknowns. I guess vaccine won't help bt as much as leisure stocks but i still see todays rise as too small.

What a day. I can't wait to see the gains after the vaccines start to roll out. I imagine the sp will drop a bit in the meantime as a 50% rise just on news of a 90% effective vaccine seems excessive. Unless insiders had extra positive news today on sspg.

Very promising.

Its on Aim all-share market though feels more like ftse250, only without the shorters and day trader price movements. A boring share, yes, but thats not such a bad thing imo.

The fact that they manage stores too on behalf of other companies speaks volumes.

I don't like that they increased their debt levels, however at average interest levels below 2% i assume its worthwhile.

With people working from home more, all that clutter has to go somewhere for the new office.

I don't know either Quinney.

Bt has consistently good roce and profit. My only guess is that there are no short-term gains to be had here and ofcom will cap earnings to be had from their networks. Investors want shiny fresh (tech?) shares atm, though that may well change in a year or two.

Surprised with the drop here as solid results all things considered, and residential building should not be danpened again. Unless builders are on lockdown now as well?

Thats 200 million euros loss, not 200 euros doh!

So aig airlines is up 4 % today on news that it hopes to just make a loss of 200 euros a week, while bt is up 2% the day after a drop on news of better than forecast profits. Rofl granted theres a pension deficit, but still total madness.

Great work NigeCo, thanks.

Now can someone explain to my layman brain in simple terms why pension deficit shot up x4 since March? Did they find some dirt under the carpet?

Hi Liam, my guess would be to wait for some of the share dilution to filter through before buying more shares. Less risky than buying tomorrow, but you never know...