Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Cruis1, so you’re still a shareholder? I thought I saw that you sold?
Aimmaster, it doesn’t matter how much each investor has put in. What is each individuals risk appetite?
Mooky has 274 million shares for example.
Try Sunday, between 0300-0330 BST.
Aimmaster is usually getting some sleep then as well.
Firstly, thank you for not adding an lol or manic laugh to your reply.
Secondly, despite lazy derampers calling me a ramper or “twisting it” as you say, I have suggested we await official communication.
Aimmaster, go for a walk. The market is closed. You took a bet now let us see how that bet goes.
I agree, Shaz. I imagine it will be devastating for those who sold, if a rescue or agreement with creditors is made and the share price quickly recovers. I don’t wish for anyone to lose money where they have invested in equities and other recovery plays. They knew the risk, yes but as you say. Facts need to be corroborated.
Let us see what official communication we get from Cineworld. They have been too quiet. Yesterday, they gave Deadline a statement which suggests they are still exploring options. We all need clarity.
If there is nothing left to deramp, why the thread after thread of the same from nervous posters like Aimmaster?
Jtan, right now I would say those who opened a spreadbet position, with high leverage suggesting this 100% curtains have done just that. A gamble in its truest form.
We will see as the weeks progresses. The shorters will likely see volatility in the share price of no RNS lands on Monday.
Believe it or not, investors have being holding before this news announcement.
Time will tell.
This also corroborates what Cineworld posted last night.
They are exploring options and this remains an evolving exercise.
The derampers are in for a very uncomfortable weekend as I imagine they have locked in a juicy short with high leverage as they have mistaken a rumour for fact.
Just saw the manic “hahaha”. In your latest comment. Thanks for confirming my point. I hope you have a good support network.
Aimmaster each “lol” you post tells me you’re very nervous. I hope the leverage you went in against this on your short is something you have considered and accepted as being a potential loss.
Remember, it is only money and the market can deliver a surprising outcome, despite the rumours and newsfeeds. How many times has that oil exploration hit a duster having earlier seismic data proving reserves for example? Being an AIM investor you must have accepted market uncertainty by now, I am sure.
Morning everyone. The de-rampers are posting thread after thread to bump up their doomsday message.
There is nothing certain. Options are still being considered and this could go either way.
A recovery or bust.
Invest only what you can afford to lose and my advice is to now make that decision without the influence of others with an agenda.
The bankruptcy is no longer a dead certainty.
There are no rampers saying this will be [insert price] and all will be fine.
What we are seeing is some very nervous shorters de-ramping on a constant basis.
If you are certain which way this is going, why do you need keep posting thread after thread with the same news?
Just remember, it is only money.
Are you getting nervous, Squib?
You seem to be rattling on and on like the rest of the bottom feeders encouraging others to sell.
No body knows for sure what will happen.
Roll the dice and see.
*1373m apologies.
Mooky and his family hold 20% of the company in a family trust.
To put that amount into context of shares, they own (1037m * 0.2) 274 million shares which, pre-pandemic were trading at 197p each. They WERE worth, £539.7m. Today, at the woeful price of 4p, they are NOW worth £10.9m.
This has been devastating for all investors: insiders, institutional and private (ourselves).
Have a good evening, all.
Pay attention, Aimmaster. We are discussing this latest (read: this evening) communication from cineworld. Within it clearly states it is evaluating options and the process is ongoing.
This could well be going bust/administration but it is not signed, sealed and delivered if the credibility of this communication is anything to go by.
Read again, Aimmaster. It appeases consumers, yes. Operations continue but this makes it clear, strategic options are still being evaluated.
“As we announced earlier this week, we are proactively EVALUATING strategic OPTIONS to ensure we have the balance sheet strength and flexibility to adapt to market conditions, and that PROCESS REMAINS ONGOING.”
If this turns out to be a bluff, it would amount to market manipulation. A leak to WSJ etc.
I have no idea right now if Cineworld will survive and I certainly don’t recommend anyone buy or sell. Go by your own risk appetite.
Good luck, all and remember, an opportunity to make gains will always exist in the market.
I couldn’t believe it but there it is. We are still exploring options, Cineworld say.
“All of our Cineworld and Regal theatres are open for business as usual, and we continue to welcome our guests and members to our cinemas globally.”
“As we announced earlier this week, we are proactively evaluating strategic options to ensure we have the balance sheet strength and flexibility to adapt to market conditions, and that process remains ONGOING. We are committed to our customers’ experience and to being the ‘Best Place to Watch a Movie’.”
Source: https://deadline.com/2022/08/regal-cineworld-bankruptcy-movie-theater-stocks-1235096328/
I seem to live in Forecasters head rent free - if only Mooky could secure such a tenancy agreement!
Today has been a tough day for all investors.
If the rumours of administration are true, my sympathies for all genuine investors. I too hold an investment and will be very disappointed if it does go down. That said, we are all grown up and make investments based on risk vs reward. As others have posted, it is only money which can be made again elsewhere and through numerous other investments.
To those who have posted gloating about the demise of others losing money, karma exists for a reason.
Keep your spirits up and let us await the next official news from Cineworld.