The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
If I had a CINE share for every time I heard that, I'd have nearly 50 quid........£4.70.......1p.
I suppose he could if he's off his hed on something .
Maybe he offer all investors a free ticket and a bag of popcorn as well.
Get real.
Can it be any clearer ?
You have until the judge says yes, which he will, to sell, or sooner if suspended.
In the interim days or possibly hours, some will make a quick kill on the unfortunate who believe otherwise.
Consistent with the Company's announcement on 3 April 2023, in light of the level of existing debt that is proposed to be released under the Plan, the Proposed Restructuring does not provide for any recovery for holders of Cineworld's existing equity interests.
Starting to move up.
20.7p is too good to miss.
Trawling through todays chats the predictions seem to be anything from dropping back to the 20's to hitting £1 at some point this year.
All of which are based on......no idea actually.
I'm happy it's holding most of the gains at just under 40p
Its now a waiting game on performance and half year updates.
If it stays where it is I'll be happy as we've seen a very positive few weeks and unlike previous years haven't seen the fall back.
Personally, I see this as an excellent hold for the future.
Results are in line with expectations.
Will we we a jump on SP today?
I doubt it, but we won't see any fall as has happened in previous years.
I believe the figures show some great progress, but will be some time before we ate back to 40/50p + SP.
People are selling as they fear looking all, which is a very distinct possibility.
Have things changed today?
Some are saying not, but I think the fact that it has been reported there is not a single cash buyer is significant.
I believe days are numbered here and that shareholders will be he one's that suffer.
And as they say....for that reason I'm out.
In the December update update they said they would be in a position to accelerate the pension deficit payments prior to the DB revaluation on 31st March, but no amount was mentioned.
I gather the DB scheme is valued every three years and the deficit may have increased bearing in mind the market performance over that time, so they may need yo add quite a bit more.
I agree Voli
FCF may be a short term issue and there may be some hefty pension fund contributions to be made as well as possible increased costs on payroll, all companies will be hit with the later., but I can't see any big surprises that haven't already been factored in.
This is very different from previous years as CPI is now much leaner and profitable, albeit on a reduced level.
I think it all bodes well for a strong year, but may take a while before momentum picks up, probably after half year results, as they need to prove themselves to the markets as a solid long term profitable business.
Finally we seem to be there.
A few are selling at this price for a short term gain.
I think they may regret ducking out in a few weeks time as this is definitely going to be one on the top risers in 2023.
FTSE 250 mid year, or possibly earlier at which point I think we'll seem the bigger institutions buying in. That's when it will really kick off.
GLA.