Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Why take a loss… just hold… it’s the name of game!
We been here before, the sub 20p days, talk of the business sinking the next days etc. will people stop going cinema, No, is Cineworld a household name, Yes! Are big blockbusters in the pipeline, yes… will Cinplex have any benefit in sinking Cine, hells no!!! It’s a waiting game investors… I’m not losing sleep over LTH… play the game and believe in CINE
Don’t understand your point… Cinemas are nuclear bomb proof, it’s been a rough ride for CINE, if covid wasn’t in the equation, Cineplex deal would’ve gone through, consolidating CINE as a major player in this business… it’s unfortunate how the game play out.
The fundamentals are still there, CINE is a big name in this domain, they are still open for business which speaks volumes when so many big name businesses have gone under… let the storm fully pass through, IMO CINE will still the number 1 destination for big movies.
Long line CINE and the cinema industry!
IMO businesses were not expecting such a hard time from the likes of Covid then follow that up by the Ukraine conflict... plus, adding Cineplex in the mix specific to CINE... what's important is that CINE is still open for business and we have seen the demand from moviegoers getting better and better.
Let's not forget that the SP dropped under 20p when they had to close down for a while during Covid, talks of going bust etc. were rife then but most of this narrative comes from financial institutions who use people like Motley Fool as puppets to help themselves make a buck.
So IMO, with the bug line of blockbusters, the revenues will only get better and better, as soon as the Ukraine conflict is hopefully resolved that will take of further impact on the market, as for Cineplex, they are desperate to get anything out of CINE and in the worst case scenario if CINE lose the appeal, I'm sure they wont be expected to pay the full wack and will come to some kind of amicable agreement that lets both businesses survive and prosper.
The bottom line is, it will take a while for CINE to recover and for the dark clouds to clear so I'm still LTH on this one despite being considerably down on my investment, after all you only lose money when selling at a loss however if anyone feels different then know one stopping anyone from jumping ship.
Long live CINE and GL all whatever you do!
I’m wondering if the same outcome would’ve come from a UK court, there well be some bias as it’s a Canadian company but law is law, CINE lawyers obviously see a reason to appeal so let’s see what they come back with.
Despite the unexpected news about the court case, nothing is yet to be paid and appeals can take sometime to complete, during that time the tills will continue to ring and I think we’ll see really good numbers for Spider man.
I hear some people saying that we should’ve just gone ahead with the purchase of Cineplex but considering the covid impact I think we would’ve been in a worse place had we taken on their debt pile as well.
In the worst case scenario we lose the appeal and have a structured program to pay the fine with institutional backing if we continue to see good numbers at the box office. If we do overturn the judgement on an appeal then that will obviously be great but we will have to see what will happen.
In terms of the new variant, we are in a far batter position with the booster role out as well a better understanding of how to handle these matters… so that’s a plus point and the pharmaceutical companies will defo want to cash in and they’ll be working night and day to get tweeted up vaccines or whatever helps out there.
FFS people will need something to do right and what better place to be than the cinema if there is limited choice elsewhere.
I’m holding for now and let’s see how the virus updates come along and as always DYOR
I think it’s safe to say, if pills take over the vaccinations we could get more out to the countries where these variants are coming from plus it just makes sense in so many aspects.
This not the first variant we are dealing with and may not be the last but we are in a much better place with most of the UK double vaccinated plus the logistics of supply and rollout of booster vaccines in place.
The market will always react to negative sentiment and we are seeing exactly that, let the dust settle and let’s see the facts about Omicron because hearing the news from SA it appears we have overreacted.
We all know the demand is still there for cinemas, it will never fizzle out & had covid not been part of the equation, the company would’ve continued to flourish. In fact, we would’ve taken over Cineplex and consolidated the market share further and that’s what successful businesses do, conquer market share.
The current SP is well undervalued & once the court case hopefully has a positive outcome the uncertainty which the market hates will be removed, that’s when we’ll see the CINE rocket takeoff, until then it’s simply a waiting game for new movies and better numbers.
Hold tight on to them shares!
Good luck all, it’s about time the CINE rocket blasted off to the Moon!
Correction: CINE not CONE lol
Let’s get the court case out the way and from what I’ve seen it looks more favourable for CONE. As we know the market hates uncertainties, we also know that the demand for cinemas is there
SAGE models also show Covid hospitalisations are 'highly unlikely' to reach January peak even WITHOUT Plan B curbs so that’s a good sign as well:
Source: https://www.dailymail.co.uk/news/article-10119503/SAGE-says-Covid-hospitalisations-highly-unlikely-reach-January-peak-WITHOUT-Plan-B.html
We’ve come a long way since under 20p days and IMO this stock is currently undervalued so we need a few more months for the sentiment to change especially with the court case.
Well done to all the LTH’s still in the game including myself… let’s all get back in the green and enjoy the fruits of this great business!
I don’t see how Cineplex have got a leg to stand on, passing on debt out of contractual agreement which started accumulating before lockdowns affected Canada, how the hell they going to blag their way out of that?
Hopefully this case won’t drag and more than likely CINE will win this case then that should translate into a 30-40% bounce for the SP.
“The market is a device for transferring money from the impatient to the patient.”
CINE will recover, it’s big fish, simply a holding game atm.
Ade chap, your views are not just different, they are pure, unfiltered sh|te!
Have you actually invested in CINE or just here to post cr4p while sitting on the sofa farting away?
I think will write off ShortyCine’s comments as pure unfiltered sh|te!
We all know the results won’t paint a pretty picture tmrw and that’s not just a CINE thing, a lot of businesses are still in recovery mode and that will reflect in their results also.
As I see it and from a pre-pandemic point, there was a consistent demand for cinemas, go back as far as March 2015 and the sp never fell below £2 until around Jan 2020. Sure the pandemic has hit businesses hard and unfortunately that has increased debt levels but is it all as gloomy as it sounds.
Fast forward to Q1-Q2 of 2022 and do we really see the demand for cinema attendance increasing or decreasing… imo we’ll see a boom in demand with the number of films being released and the government/public learning to live with the virus rather than hide from it.
It’s a forward thinking market and CINE has come out of the worst of it… anyone remember hitting below 20p… I do and I also remember massive paper losses, was it easy going, hell no, but it teaches you to be more resilient and play the game rather than jump ship and accept losses.
Let’s see what captain Mooky has to say about a forward looking statement and let the business works towards it, I’m sure Mooky has a rabbit or 2 up his sleeve to add some confidence back into investment in this business!
Makes sense* lol