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Sorry to hear that. I feel your pain.
I agree we need more blockbusters on a regular basis but I don't think this is the problem. As the business restructures and finds cost savings, it combats the reduction in films so technically profits would remain healthy. The issue is simply the appeal. If we win or if it had never happened the SP today would be more than double. If we lose, we're completely screwed.
To me, that's the only issue and it's a massive one. In hindsight I would have sold as soon as we lost originally. Now, the SP is so low - I may as well gamble and hold.
Maybe but unlikely it will do anything for the SP and that's likely to be the case for the foreseeable unfortunately.
Wishful thinking atm. It's down most days.
Tesco finest £10 or restaurant with atmosphere for £60. Difficult one that too.
It's not about saving money. It's about the experience.
It's not. It's a UT.
Same. Although my avg was 90p a week ago (now 65p)
I'll say 46p for no reason other than always being optimistic. I don't do charts although respect that those who do.
Is 46p likely to happen this coming week? Probably not. However with a good RNS and the possibility of a resolution in Ukraine, it's possible so I'm going with that.
Why would you back a Russian company??
I don't post often but when I do, it's useful. Actually there's 23hrs 56mins 4.0916 seconds in a day. Just saying.
"If it was guaranteed that covid in the UK/US was done"
Thats the rather annoying point about all of this. COVID will NEVER be done. It will be around forever like flu. Quicker people accept that, quicker things go back to normal. Problem is, the 'news' has turned into 'covid news'. Its all you ever hear about now. COVID this, COVID that.
Exactly. Compare us to the sector, and we're falling a lot quicker.
1. I doubt news has been leaked about the court case. I'd also be surprised if we lost. However, it has been a concern as there's always a possibility.
2. Its possible someone big is offloading.
I think its no2. I dont think its just market sentiment. Like you I'm in big, so going to have to wait and see and hope for the best.
1. There's a massive buy/sell at the bell! - It's a UT. Google it.
2. Why is the price x when there's been y buys and z sells? - Because we don't see every trade. Some are delayed. Or because of 100 other reasons.
3. I've had enough of this. - Great. Sell your shares.
4. The price will be x by next week. - Mystic Meg has a new job I see.
5. MM's are manipulating this! - Welcome to the LSE. MM's can do what they want.
On another note, it's a shame to see all of yesterdays losses wiped out. That's why its better to check in, rather than be glued to the screen. Looking forward to the court case being settled, and obviously, I hope its in our favour. Maybe then we can move on from the recent SP movement.
Nov 1st, 2nd and 3rd
All links are here. Today's case starts in 8mins
https://www.ontariocourts.ca/scj/cineplex-v-cineworld/
To me, a lot of this drops across the markets is to do with the uncertainty of what may come once we get to winter.
Last week I thought we were dropping because of lingering bad news but this is affecting quite a lot of FTSE stocks so now I'm leaning towards the restrictions becoming reversible when it was said it was an unreversible plan.
Problem is, it gets to a point where the world has to learn to live with it. You can't keep closing businesses and enforcing new restrictions as the economy just couldn't survive. I like Boris but I do wish he'd stop going back and forth like a yoyo. It's doing no good.
Lives come first but at some point you simply have to live with the situation before the economy gets to a point of no recovery, i.e. businesses going bust and let's face it, money makes the world go round.
The jab rollout has been fantastic so stop backtracking and let businesses try to remain before we become a poor country based of these decisions.
Hi PrettyWild. You shouldn't look at the SP on LSE charts as it doesn't account for things like additional shares, dilution etc. If you use Google share price charts you can see what it would have been accounting for changes. It was circa £3.21 in May 2017.
I agree, sadly. This is what I was saying the other day. This is more than 'markets are down'
Amazing how quick it seems to drop every bloody day. Is going to take ages to recover.
I'm saying the drop could be because they're selling, not that they're selling because of the drop. Anyway, as previously stated. I hope I'm wrong. Just cant see why else there is these big drops lately if someone isn't offloading.