Member Info for Rock8

Good find

I have traded this share since last June - mostly long but sometimes short.
Currently long but understand the challenges facing the chain.
This is a tough call at this point.

Possibly?
The UK is very different to USA concerning shorting.
There is still a over 5% short on Cineworld here in the UK.
I really believe that will increase as Cineworld reopens.
Let’s see the amount of cash burnt during closure and how they got on negotiating with UK and US landlords - the results next month will reveal details.

I really don’t know but reopening does not guarantee an upside for Cineworld or it’s shareholders.
Strangely reopening ratchets up the risks.
I will see what films are released and the required social distancing required.
We don’t want a repeat of the previous reopening last Aug with no audiences especially in the US.
No room for any mistakes

Remember even Mooky was talking about profits returning in 2023.
A lot has changed and will change again between now and 2023.
I have a modest long position but I am going to be very cautious.

Keep an eye on the short positions as they start to reopen - I suspect they will start to increase again.
Still many risks for shareholders although the company will survive in some form or other.

US (and UK but remember they report in US $) audiences returning and blockbusters being released are now the important factors.
Without both the business will hemorrhage cash extremely quickly once reopened - as last Aug.
Remember things were not great before the pandemic and now they owe considerably more money to everyone.
Good luck to all.

Any news on dividend will likely wait until 2020 Results release on 9th March at 7am.

Nothing wrong with taking profits but I believe we have a long way to go yet.
Even see a strong rise into results and zoom call on 18th.

LSE not happy with German listing?

Not enough liquidity to do it today without raising the price.
Positive RNS would be handy.

Sadly I think we have all experienced similar debacles.
There always needs to be competitive bids to ensure a fair price.

I grant it’s unlikely but as JP Morgan pointed out last night ITV is a COVID-19 recovery play and is extremely cheap vs it’s European peers - So you can’t rule anything out!

I remember that LGs bid for C&W (after 2 previous bites - purchase of shares building a position) was announced on the C&W results day!
Small shareholders rather wrong footed.
Will history repeat?

The whole market took advantage of the US open (200 pts down) to dip.
Not just TLW

No sorry
I get sent them and unfortunately can’t copy.

Bloomberg reporting details will be announced this Wednesday.

It was a long thorough note on both broadcast and studios.
Basically said it was ‘far too cheap’ and mentioned M&A market.
All good.

96% long 4% short - is IG ITV data

IG publish short data.
96% long 4% short.
IG continue to trade ITV long and short with usual margins.
So no its not anything to do with IG.
JP Morgan did release a very positive ITV note late yesterday
There are many reasons to be bullish ITV at the moment…..........