The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
But why the interest in CINE? If your paymasters shorted at £1.00, fair play and they should have closed out at 18p-20p but continually knocking CINE makes no sense.
OK based on that I read as a) Paid deramper as I make money but don't continually **** off 1 share through 2,700 posts... thats £27.00 well earned on your part.
@IDW given you can quote an RNS I guess you can read this post also...why the interest in Cine?
a) Paid deramper
b) Bitter ex-employee
c) Bailed at the bottom like boix and just bitter
d) Just a troll, plain an simple, unemployed and nothing better to do
e) A Good Samaritan obsessed with ensuring strangers on a BB don't 'lose' money
Your drivel makes no sense without an answer on your motives.
... we were at 28p a few weeks back, since then we have the following;
- Liquidity
- Waivers
- Pfizer Vaccine >90%
- Moderna Vaccine >90%
- Astra Zeneca Vaccine >90% (2 doses)
- Furlough extended
- CINE shut so minimised cash burn
- CVA threat driving lease negotiations hard
Between now & Xmas we'll have the following;
- FDA Approval on Pfizer
- Approval on Moderna vaccine
- Approval on Astra Zeneca vaccine
- Vaccinations beginning in Dec
- WW84 opening Xmas day
Yes we may see (remote possibility) of post xmas lock-down in either UK or US, but CINE will be shut until late Feb/early March anyway so no makes no odds. Key thing is studios confirm slate and re-opening Feb onwards as vaccines are rolled out in scale. So if it bounces around until then fair enough, it hit 18p and I didn't sell so if it hits 40p in the next week I won't, but a base around here is a great spring board to attack 65-70p and above.
For all the doom mongers, yes the debt is high like Amazon and a plethora of companies, but the biz model in full swing supports it easily and in 2022 I believe the debt will be dealt with when we are in the £1.50 to £2.00 range.
@IDW why the interest in Cine?
a) Paid deramper
b) Bitter ex-employee
c) Bailed at the bottom like boix and just bitter
d) Just a troll, plain an simple, unemployed and nothing better to do
e) A Good Samaritan obsessed with ensuring strangers on a BB don't 'lose' money
@IDW which one are you?
a) Paid deramper
b) Bitter ex-employee
c) Bailed at the bottom like boix and just bitter
d) Just a troll, plain an simple, unemployed and nothing better to do
e) A Good Samaritan obsessed with ensuring strangers on a BB don't 'lose' money
You are correct...long day!
Cheers and digging into it Jericho Capital added 0.25% on 11th July, price was 53-55p so they have a 32.5M short now underwater again not closing at 18p(sorry 15p was exaggerating), not quite the situation boix is in at 40p but again if it breaks above 68p that's food for thought. Not sure how it works given volume on that days was only 12.6M but I guess could be accumulated over a few days?
0.58% of 1.3B shares is 75M shares!!!
Based on data here https://www.shortdata.co.uk/company.php?isin=GB00B15FWH70 TCM added to their short by 0.58% on the 11th August, which was the spike to 68p after opening at 43p and finally closing at 53p on 96M shares. It's hit the high 60s twice since then but no change in their position, however, we have the potential with waivers, changing sentiment & vaccines to push through this level again in the coming days and that's a lot of share to close 1 position. Anybody more familiar with how this works feel free to chip in but looks like TCM shorted in the 60s rode it down to 15p and yet never closed their position?
Great post Crumpets, think we should all put this in our signature on all posts.
@Indepthwins, are you:
A) Paid to deramp CINE
B) Did a Boix and lost your balls and sold on the first drop as an old LTH
C) An ex-Cine employee
D) Just a troll
So £1.80 1st Jan 2021?
Indeed, off topic, but bought PETS at 380p this morning (results good dip overdone) and looking well timed, last time I bought them I rode post results at 206p to 400p lol
:-)
Good job we are closed then lmao, it'll also be a brighter spring.
Another day of decent volume, spiking up to say 65p , falling back and then closing at around 60p?
2 simple things, when normality returns...which it will:
1) Cine is a profitable business with £4B turnover for 2019
2) Cine can furnish the debt payments which were £83M 1H20
With those in mind, I'd rather be a holder thanks.
Yeah should be under 7% by now.
Just enough time to turn all my filters off just for the funnies!
Monster short squeeze today, as we said all along CINE is viable and will be around for a long time yet, well done all long term holders, shorters lmao, burn bay, burn.