Member Info for poorinvester

Another article
https://m.investing.com/news/stock-market-news/cineplex-approaches-cineworld-lenders-to-revive-merger-with-regal-wsj-2900634

Wellington, then the question I would ask is, what are you valuing regal at (cine bought it for 3.5 billion in 2017)?
Cineplex is struggling, how much more debt could they take on?

This is positive news in my opinion, cineplex feel they are going to lose the court case so are looking at alternative way to save themselves. I doubt it will happen, who wants a company that is loosing millions monthly at this moment. Imho DYOR

Also in the Wall Street journal
https://www.wsj.com/amp/articles/cineplex-seeks-to-revive-regal-merger-after-cineworldbankruptcy-11664357404

Lol. And all invested will be cursed for ever and ever. We are doomed he tells us dooomed. Fooking muppet, doesn’t know his ass from his elbow. ;-)

Just picked up a few cheap ones on the drop.
Bring down me average a little.

I’m happy I bought loads today. When the majority shout sell or don’t buy, I buy and when they are shouting buy or hold, I always sell. It has worked a treat for me.
Imho DYOR GLA

I’m bringing all my mmag profits here, done really well in mmag, should do better here. Imho

Aston I’m in mmag, I bought that at 8p. I will sell that at 16p. I’m also in this, I average around 5p, I will sell this at 20p. I Don’t understand your point?

Every time I top this share up, it drops more lol. Fooking share doesn’t like me. :-)

We should be at the bottom now, just bought some more at 4.30p, not a lot but every little helps. Can see this finishing above 5p. Imho

TGrus, that’s the idea my friend, always buy at the bottom. Good luck :-)

Good luck all.

Good luck all.

Wolf, you are looking at big famous companies that went through chapter 11 bankruptcies, you need to also look at the small mktcap companies. Your looking at huge companies like Enron, Lehman Brothers, MF Global and Refco which have all ceased operations while others were acquired by other buyers or emerged as a new company with a similar name. Cine situation is completely different to these.

My argument regarding a newco is, as I’ve explained umpteen times, the maths don’t add up. I don’t want to start a huge discussion as I’m multitasking so I’ll just reiterate a couple of points, out of loads I’ve mentioned.

If they debtors swap their huge debt to take over cine, they are swapping their debt for a company that is worth less then a billion as it stands (they are burning up money), a company that is losing money isn’t worth what it was in 2019, so debtors are losing huge amounts of money.
Another point, let’s say the do swap their huge debt for newco, do you think they are not aware that next year or years might be just as bad as this year, in business anything can happen, you have to look at all possibilities, they will be owners of a company that is worth nothing. Newco shares can tank just as quickly. Do you think they are that stupid?
The best scenario to unfold here is exchange a tiny bit of debt for equity, lend them some more money and let the show continue, there is nobody better to pull cine out of this mess than the G brothers.
In my opinion, sorry if my explanation isn’t that clear as I’m doing umpteen things at once.

Wolf, you gonna buy into cine?

Trade not trades

Large trades or small they charge the same.

Wolf, when you trade regularly, they charge under 6 quid. There are certain amounts of trades you need to make monthly.
I know there are platforms that charge next to nothing but they are absolutely rubbish.

Wolf, I think, the do them for people invested in funds but I’ll still chance it and see what they say. Thanks