CINE to rise over the next few months5 Jan 2022 14:03
Here the reasons to why I think Cineworld has a strong future ahead of them:
- Expect RNS regarding appeal, which will help the SP.
- They will appeal the court case and most likely lose! (2022 - 2023), However they will be paying a lower fine.
- A list of strong movies to be released in the cinemas this year.
- Expect a better balance sheet in the next released accounts.
- 50/50 that Cine will be listed in the US. However if they do list in the US they will most likely raise a lot of cash to help resolve their debt.
I really cannot see how Cineworld isn't going to be on the up this year.