AEX Gold have discovered massive copper and gold deposits plus RareEarths/Graphite in Greenland. Watch the full video here.
IMO £2.50 is possible and could hit £4.50 in few years time.
The reason I said it is too late to get into IAG now is that I can't take the volatility with IAG but then we have same volatility with RR except that IAG does rise big but not RR.
Inflation data out in US today. Swing in some share prices is possible today!
Red Inky, I agree with you. This will go down quicker than any other FTSE 100 stock but will be the last to rise when FTSE100 is green. Worst stock to be in!
I did think of putting money into IAG instead of RR but thought RR will accelerate to 130 easily. Already into Mid of Feb and still share price is struggling to get past 122 since Jan!
Now it is too late to get into IAG or EZJ or any other travel stock.
Hope the bloody results provide some momentum.
Don't see any growth concerns for Tesla. YoY the number of cars they are producing is increasing. No doubt earnings will beat expectations. We have seen in the early Jan update for delivery numbers that has beaten market expectations. I just hope that they don't talk anything about Dogecoin! Considering the market turmoil, I hope they will be careful about what they speak in the earnings call. Microsoft is reporting Tuesday after hours and their update would be good and should help tech stocks to rise. FED meeting on Wednesday and Tesla earnings after Wed close!
I'm expecting that by Thursday and Friday markets will rise including Tesla. Let's see.
until last year, funds were pouring money into growth stocks. Now the trend is reversing. Money is coming back to companies with strong balance sheet like ITV. 2nd week of January and SP is already close to 120p. I'm hoping that by December this year when football WC starts, we shall be getting close to 170p. GLA
R101, if you are not going to move house in next 5yrs then going for 5yr fixed is best as the rates are only going up from here. Your monthly payments are high compared to 2 yrs fixed but when you remortgage at the end of 2yrs, rates could be high and you will be paying other extras like product fee. If you are going to move house within 5 yrs then probably 2 yrs fixed could give some flexibility otherwise you will have to pay break free charges like pre closure free if you have to change your mortgage product. I went to 2 yrs fixed last month as I may move house in 2yrs time.
Great RNS. Financially nothing has been agreed between SNG and ASH. It is still a long way for commercialisation of the product. Once successful P3 are out, they will have to prepare for FDA authorization. Considering the fast track status and novel therapeutic product and the urgent need for antiviral treatment, I guess FDA authorization should come by Summer. Now what I don't know is if P3 are successful then do we get scooped up by a big pharma or do we just go on our own. I believe P3 would be successful so placed my bets. Even if the efficacy is 70% we are good but am confident that it will be a repeat of P2 results. GLA.
I see a RNS that SNG is evaluating their product against Omicron. I think RNS on effectiveness against Omicron would certainty boost the share price. Not sure if there was any twitter info from SNG on Omicron?
Good Afternoon all, good to see all the familiar posters hanging on to CINE!
I have been to Spiderman movie yesterday with family and friends. It was quite emotional for me walking into Cineworld cinema but the movie was absolutely stunning watching it on the giant screen and the place was fully packed. I estimated $250M in 2 weekends but seems like $250 could be reached by the end of this weekend! I think lenders looking at the Spiderman numbers and also for the yet to come Matrix numbers, am feeling confident that lifeline will be given to CINE one more time. The fact that Spiderman breaking the record for Sony Pictures and the numbers being close to EndGame release in 2019 despite Omicron proves that cinema is not dead! It is a business that will continue to run for several decades to come. There is no doubt that CINE has a profitable business.
Another news is that I managed to contact Shane D'Souza! One of the lead counsel for CINE. He accidentally picked my call and later responded via email too! Although I could not get much out of him as you know he can't say much considering the legal side of things but he said appeal is in progress. Obviously, he will not know when the appeal will be heard. It can take upto 1 year too.
Also another thing is that Barbara said if the parties don't agree with the costs then both parties should submit the revised costs! But the thing that is not clear to me is that she mentioned that CP should submit their costs within 21 days and then CW to submit 21 days thereafter! So I don't know if CW is not entitled to submit on their own? She says after CW submits, CP can submit their replies within 7 days after CW! So if the appeal is filed then I wonder if it is again going to Barbara or if it would be taken up by another court. I think appeal should be taken up by another court/judge.
Also with regards to loss of synergies, Barbara said she has gone with the calculations provided by Mr. Rosen and said that although Mr. Carlucci argued that loss of synergies should go to CW but Mr.Carlucci did not dispute on Mr. Rosen damages calculation of $1.2bn CAD and she said that Mr.Carlucci did not provide any amounts for the damages that CP are entitled to! I too remember that Mr.Carlucci was only going through the loss of synergies figure derived by Mr.Rosen so it looks like it will be hard now to come up with any revised figures! It will be contested by CP and we need to see whether Barbara or another judge would accept it or not.
But it seems like the appeal process will go on for long time and in the mean time, the big movies could help sort CINE finances. The big box office numbers from Spiderman will definitely help Mooky in negotiations with the lenders. I can't see CINE going bust like some are saying but we need to see whether lenders would push Mooky to raise equity or they are happy to take more debt. I think Mooky will be forced to sell part of his holdings to fund part of the damages and rest by len
Sorry to all those who are bleeding losses like me.
I actually pulled the plug today as I cannot take any more of the stress. It's been quite stressful for me since March this year. I'm really devastated with the amount of loss I incurred here. I do not want to spoil my health and also lost lot of family time and work time on CINE. I bought CINE last year in 50s and sold for a small loss before the cinemas were closed. I was worried about the Cineplex deal last year but when CW announced that they cancelled the deal, I believed that CW cancelled it in the confidence that they will not get penalised. I guess CW might have actually not expected Cineplex to file a court case or they might have had advise from their lawyers that the claims could be minimal, which we all still believe that it is an utterly stupid decision by the ***** Barbara to award such a huge money to CP. How on earth did she conclude that CP incurred damages of C$1.6Bn? Cineplex didn't lose anything due to the deal termination. They just tried their luck to see if the case turns in their favour as they had nothing to lose other than small amount that CW was claiming.
I read on Bloomberg that CINE spokeman said that they will appeal and that the appeal could take one year. CINE said they will not pay or liable to pay until the appeal is filed so probably there is no immediate financial damage and CINE probably will continue their business as usual.
Polaris increased their stake 2 weeks after the trial started and really that gave me some confidence that the damages will not be huge. KPMG witness also gave me confidence that damages will not be big. I always said either we will win or minimal damages but the ***** awarded a huge amount. I'm yet to read how she arrived with that figure but definitely Mooky will fight to the death to reduce the damages.
CINE bonds are not maturing until 2024 and some in 2025. There is one in 2023 but we need to see if these lenders would now start demanding Mooky to show the way forward on how finances will be sorted. I still think there will not be any dilution as that will almost nullify Mooky family holdings. Most likely Regal will be separated and floated in US but in the current market, valuing that business is difficult. May be $1bn or $1.5bn, which can pay some part of CP's claims. Or even Jhango could buy the company now for peanuts but wait and see Mooky's plans.
I did think that the decision would come at this time but reading CP's announcement about decision being several months away, I hoped that we would get back to 60s atleast before the court case. Do what you think is best for you. Health is wealth. I will try recovering my losses hopefully. I always have a buy and hold strategy but I always do my research on the company. This time it didn't pay off on CINE. If this was any other judge, definitely this would not be the outcome. The ***** totally biased on Cineplex. She will pay in her life in another form for our losses.
what we have seen in this pandemic is that people are sick of staying at home.
People want to go out and people are going in large numbers to see the movie as can be seen in the bookings that I shared.
People know that big movies like Spiderman, Matrix, Avatar etc are much better watching in big screens than at home.
Once our lives are free from this covid, I think Streaming will be dead like DVD!
To support the CNBC article on why Spider-Man is set to dominate domestic box office, yesterday I shared the bookings of Screen X in SanJose, California!
Now look at this fully booked Spiderman movie in New York, Cineworld/Regal Premier RPX screen -
The above booking is for this coming Friday 7.20pm.
The important thing to note for the above booking is that New York Gov mandated not only face masks but proof of vaccination and still the Premier RPX screen is fully booked! Surely we can put the proof of vaccine worry to bed?
When there is a good movie, there is no way people are sitting at home!
Next comes Matrix...Stay tuned...
- Conservative estimates suggest "Spider-Man: No Way Home" will top the $100 million mark over its three-day debut, but co-producer Sony projects a tally closer to $130 million.
- More optimistic box office analysts suggest that the latest Marvel Cinematic Universe film could top $200 million.
- The latest installment in the Marvel Cinematic Universe is one of the most anticipated films of the year and fans who are eager to avoid spoilers will likely arrive in droves to cinemas this weekend.
Current BO - $130M
Next 3 weekends if you take avg per weekend as $150M considering big movies then by Dec end $600M.
October was $622M and CINE turned cash flow positive.
Dec $600M despite Omicron compared to October month! I think it would be more than $600M. Will surely be another positive cash flow month for CINE.
JPMorgan can clearly see that CINE is undervalued so they "upgraded" the price to 81p!
MattW, you don't know anything about CINE.
Cineworld major market is US and not Denmark!
It is good that there are 40 people in cinema despite restrictions!
You also don't know that cinemas are profitable even with 50% capacity.
Matt give it a rest.
If you are worried about Omicron then don't go out and keep your cash under the bed.
No need to constantly reply to every post about Omicron. Did you not read that South Africa doctor who discovered Omicron said it is mild and that you and your SAGE are overreacting? Infact with the call for boosters, now there are such huge queues that people will eventually fall sick waiting outside in the cold. It could have been much better if boosters were just carried ok normal without creating panic.
Still it is mild and people are visiting cinemas and that is why JPMorgan upgraded CINE price to 81p. They clearly see that CINE is undervalued.
This should be 80p with the Spiderman release. It was 80p when Bond released. Weekend box office figures will prove that numbers are same or similar as when Bond released.
JPMorgan can clearly see that CINE is undervalued. Why do an upgrade yesterday when there is chaos around? They upgraded not just CINE few other good companies too.
point is that equity analysts don't just throw a number in the air.
These analysts have to do proper diligence before coming up with a price target.
They are recruited by Barclays, JPMorgan etc based on their knowledge on how they value the companies.
If you check the LinkedIn profiles of these equity analysts, you will see that they describe their work and what they are good at. For HBR, last year, I reached out to an Equity Analyst via LinkedIn profile. You can search for equity analyst in LinkedIn.
JPMorgan analyst must have considered all the scenarios for Cineworld and "upgraded" the price target from 74p to 81p.
Oil, I have few grand in HBR and it was not Barclays that gave 650p target. It was RBC. Go ask for the link from NoFear for RBC rating.
You don't have a clue on what you are invested in and you are coming here to advise in the stock that you are not invested in :-)
I'm not saying 81p tomorrow or this weekend because JP Morgan issued the price target today.
What you both fail to grasp is that JPMorgan is telling you that Cineworld is undervalued at current price. Unlike Pastyc, who puts finger in the air numbers, JPMorgan assess the trading conditions of CW otherwise they could also have put the finger in the air number like you and Pastyc.