Member Info for sharefall

Big smoke: I agree we don't know all the details. The approach wasn't a rumour however as the company have been quoted agreeing an approach was made even if highly conditional. It is surely up to the shareholders to decide if this was worthy or not? Anyway it's done now and I'm ok but feel for those who sold in the last two weeks at a loss. Could easily have been me too but I decided my research into vaccines and improved testing would mean there was little downside and a lot of potential upside in the next 6 months. So I kept adding in small amounts. I had thought it would take 6 months for this to turn, and the timescale is much shorter now with this investment.
However, my faith in the stock market is less secure. I assumed AIM was for the cowboys. It seems FTSE is no different.

It's good news for sure, but if an approach was made for 33p when stock price was say 15p, surely shareholders have a right to know? I agree with the sentiment that this is a closed club type deal. Price sensitive information should be made available to all shareholders in real time. Integrity of the market depends to transparency.
If I had sold at 15p a few weeks ago, I would have been robbed.
As it happens I did not and increased my holding at 13.2p so I'm ok.....But it ain't right.

If Disney or any other studio wanted to buy cine, they had better get a push on now! Very interesting. Will rattle a few places for sure.
Many have been predicting a China led swoop for stock that are selling cheap - well done to those who saw this ahead of time and loaded up. I've got plenty of stake here with a 6th of my portfolio in cine so am following closely. Kicking myself for not buying more in the 30's but must not get too greedy and hindsight is the best tool in the stock market! ATB

Rupans, Thanks.

I do and am very happy as a PI to see this. Just wondering about why to improve my knowledge overall of how these deals are done and why.

MB10 -completely see that....but for him as an individual? Anyway, there will be a good reason i am sure - even if its benevolence towards a company his family did very well from.

Why he did not just buy 20% on the open market but I am not complaining!

Seemed to have worked!
Glad I averaged down. Placing is a non issue now. Even if at 25-28. IMO market will react very well to this on Tues.
ATB

My screen just went green and was a nice feeling. Hope you get there soon. Glad I kept the faith and ignored the 20p lot!

I was getting quite nervous when it dropped below 230. Anyway, decided it was time to top up so did and managed to get me ave down to 255.
The telegraph article is dreadful and misleading. Corruption somewhere but no one will ever get to account for this. Hence DYOR.

No, don't be daft

Glad I added on the dip this morning! Now nearly have my ave of 255! Onwards and upwards. Fingers crossed!

Travel will bounce back soon enough. Pent up demand will mean a bumper 2021. If vaccines are successful, the recovery will be swift. All depends on ones investing timescale.

Will even out soon enough. Will simply add more and wait. In 5 years time, I will be pleased.

Don't think it's what analysts were leaking to the press. 6b needed was the rumour. That's debunked now.

It's less than expected. No need for additional cash for 12 months and furthermore disposals will provide additional funds.
So yes, its still a big loss but 'good' as it's not as bad as expected and no risk as a going concern. This SP will respond upwards IMO

Apols, towards the end there is a brief mention of equity to raise cash in 18 months - but not definite and as a part of other measures. So not ruling it out but I suppose its size will depend on level of return to pre-covid activity plus disposal income level. Good news on the whole and market should react positively. IMO

This is as expected, possibly better. Expect to be in positive cash flow by H2 2021.

'This, together with the expected recovery in engine flying hours, underpins our targeted recovery to positive free cash flow during H2 2021'.

No mention of rights issue. Sale of ITP seems inevitable now which is a shame but unavoidable.

Market should be calmed by this overall. IMO. Good luck all.

Saw this posted on CINE chat and thought it may be useful to share here:

Source: https://www.cnbc.com/2020/08/26/moderna-says-its-coronavirus-vaccine-shows-promising-results-in-small-trial-of-elderly-patients.html

Good news indeed. Thanks. If I may spread the good news, I will post this on the SAGA site - this is particularly good for the target market for SAGA!