Member Info for rossdavis

It’s already in. If it’s as infectious as they say it is, there is literally nothing that can be done. Hopefully it’ll turn out to be no more deadly than Delta (it’ll be amazing if it’s less serious) and the hysteria will die down.

Already looking like England v SA was a super spreader event.

I bought back in on Friday at 48p, but pretty convinced this will go to the 30’s now. The news has only gotten more intense, mandatory masks in the UK (I’m guessing not for cinemas though?) . I can’t see many people buying in at the current price given the sentiment over the weekend, so it’ll reduce for sure. 45p will be tested but I think gone through super quickly, then we’ll hit the high 30’s but bounce back pretty quickly as I’m sure there’s a lot of support there.

Not sure about that, especially in the UK. I think people are largely carrying on as usual now tbh.

I’ve been flying a lot recently and Heathrow is a car park. Was in Covent Garden last night and it was heaving. Couldn’t get a restaurant reservation at 6-8pm for love not money.

For sure. As I said last week, I think it’s pretty clear the drag on the price isn’t to do with the current situation. It’s to do with what might be, and considering lots of people have be burnt the last 18 months with ‘covid stocks’, no one wants to be left holding the baby ‘if’ it goes bad.

If it was guaranteed that covid in the UK/US was done, and that cinema had a long term future, this share would be £1+ easy. Problem is it isn’t guaranteed, so it isn’t.

The big question is: when will these uncertainties clear for enough people to move the share price considerably. What with winter coming, I do struggle to see that happening this year.

It’s all sentiment - not reality - that matters.

Seems like we might be in a steady climb back to some sort of normality.

Not sure the classic time to close a short position is when Europe is going into lockdown, but everyone is entitled to their opinion. Good luck.

More simply, in a winter covid storm that could easily cause problems in the US, do we really think more people will be buying than selling CINE? If we didn’t recover meaningfully over the past few months, I just don’t see how it’ll be different.

I hope I’m wrong, but it just seems wishful thinking to me.

I think it reflects a lack of appetite to be involved in these kind of stocks at the moment, simply because the state of covid is likely to worsen through winter. So lots of people will run a mile.

IMO, the stock is grossly undervalued, but that doesn’t mean it can’t drop further which sadly I think it will. The true value (whatever that is but clearly higher than now) won’t be reached until there’s a couple of billion pounds willing to enter the stock, and I don’t see that happening until spring.

Sold. I disagree with bankruptcy of course, silly suggestion. But the fact remains the UK knows what the delta variant can do and Europe is about to find out. And of course this has little to do with the US, UK, and Israel, but it’ll still act as a massive weight on Cine.

If you don’t need a paper loss of another 25% (I think 45 is quite likely), why take it? Unfortunately I think positive attendance numbers are irrelevant in this environment. It’ll ramp quickly once institutional investors properly get back involved, but that won’t be this year.

Hmm, not so sure. When I last looked the days to close was 17 days. If they start after the good news they might struggle to get out.

Aha, finally. This is what I’ve been waiting for. Hopefully it’ll provide some confidence next week.

Any Director trades? Nice to see when the price drops 50% if everything is actually fine…

Only 205k shares traded today... someone else mentioned algo's going mad. Let's see what happens tomorrow.

I appreciate AWE's response to the FT is in the piece, but wouldn't you still expect a company to respond to the stock falling by over 50% in a day?

Crazy it can drop nearly 50% in one day on no news/updates. Glad I bought in this morning...
When does trading get suspended haha.