Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
If you are so confident that shareholders will be wiped out, why are you on this forum wasting your time and ours.
@indepthwins -Do you get paid 1p per post by you employer ? or is it 0.1p ? What is your rate mate
@indepthwins - no one sane on this forum actually cares what level of investment you had in this instrument. You have no face left on this forum , so be best if you ShUTTT your deep H0£E$.
Well if you are not invested why are you here ?
Are you invested in this stock ? Are you shorting ?
They are now awake lol
29 to 30p tommorow is my guess .
Any waiver announcement will see a major rise.
Fingers crossed for no more bad news :-D
I did get two decent top ups processed for 17p and 18p but considering what I have in CINE I'm bearing a massive loss !!
I have decided to hold long until end of next year ( if CINE survives this tide)
Guys help me understand this :
Aren't we in a better place than where we were on friday last week. Running no cinemas means more cash preservation and less losses until next year . Its better than keeping cinemas open.
My understanding is that when cinemas are reopened in jan / feb there will be loads of movies and income
So SP really should be approx 35 p now if not better than friday closing SP ?? Why are we down to 23 ?
I'm selling tommorow first thing. and getting in when there is news of a waiver ( which may be soon I'm hoping )
Thanks for your inputs chaps. Yes its never easy to time it right with CINE. My right brain says sell and buy later early nov , my left brain says HOLD !!
Given that the waivers may take a while until mid Nov/ early dec. I guess it may make sense to sell now and get in early Nov to avoid further losses
Another bad news of any further delay on big releases may prove fatal for cinemas. And it's just a bit of risk to hang in atm.
Having said that 2021 is going to be a bumper year if we have a vaccine in place sooner and if cinemas service until then.
I am pretty confused with this one !!
Hi All , It's a difficult time atm for CINE and for us all holding for the next 2 months with no real crowd puller films until Dune / WW . I do believe Cine will recover in 2021 but it does not look great for now.
I would like to know what are you people thinking of doing on Monday ?
Not entirely sure yet, but I'm thinking of selling 90% Monday morning and getting back in if there is any news about covenant waivers. I already have a 10k loss on this so far and cannot afford to lose any more . It's a real shame as I was wanting to go long but the long term prospects seem unclear / scary atm.
A covenant waiver is the only thing that can change the SP next week imho.
Would like your honest views on this .
Cheers
This is for independent cinemas is why CINE is not on the list. The culture secretary says
"But now we need the public to pay their part too. So I urge everyone to get booking your seats and support your local cinema."
I see some positive hope here , the govt could introduce some schemes to get people to cinemas ( something like seat out to help out that was in the news few days back)
Some bit of positive news - https://www.gov.uk/government/news/42-cinemas-to-share-650000-in-first-awards-from-the-culture-recovery-fund-for-independent-cinemas
It looks like one of the cine directors has loaded up on some decent chunk of shares. surely must see some positives on this.
May be the right time to add stock
@Nofear - I guess then you may also have to stay away from the Oxford / Astrazeneca Covid-19 vaccine & Novax vaccine , as it is going to be mass produced in India :-D - https://www.indiatoday.in/world/story/astrazeneca-serum-institute-of-india-sii-supply-1-billion-doses-of-oxford-coronavirus-vaccine-covax-uk-pm-boris-johnson-unga-1725803-2020-09-27
Good luck mate
@ Indepthwins - Does your employer allow you to sleep mate , do you have a family or life ? given how much energy you put in dreamping this stock you could find another job that gives you and your family more time with each other. or it looks like you are sat at a corner street begging and this just your hobby?
Are you even invested in cineworld ? what brings you to this forum when you are so sure Cineworld is going to go bust ? are you trying to save the world ?
Get a life mate. get a girl or two make merry and leave us to peace.
To be fair it actually looks good from here and cannot get any worse that it already is.
1. Movies are lined up from nov 2020 through to most of 2021
2. Good cash flow expected over the coming months to cover any debt related issues for sept 2021
3. Cinemas are OPEN for business NOW and lockdown does not seem like a possibility so far
4. Share dilution will not happen at such a low SP
5. 25 to 30 % remaining cinemas in US will open within 2 to 6 weeks
CINE should be able to cover most losses in 2021 now that they are OPEN for business. I think it may be a good time to top up at any dips for long term holders.
This was expected , The board seems to have it all under control and they BELIEVE it's going to be a very positive and optimistic 2021 .
This has just reinforced my decision that this is staying put as a good investment if you are going long . Im invested in this for the long term and will remain so.
Regards to worries about raising equity / liquidity - The government is not going into a second lockdown and as long as cinemas are OPERATING - they big films will bring back the numbers for 2021. Share dilution in my opinion will not happen as long as the cinemas are OPEN for business.
Investing is never straightforward , but I have learnt not to fall for derampers or even the rampers . Make your own calculations . Shorters always want you sell .
The cheaper the SP the higher the chances of a takeover.
This stock has the potential to survive these difficult times !
that's right @Hosai. If large crowds are encouraged by the government , it does impact cinemas directly in a Big way. especially for the the positive sentiment it brings . Similar testing strategy can apply to Cinemas in the wake of this scheme.