The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Courtesy - this website, just click on CINE share news.
81p target issued today!
Brace for face ripping rally soon!
Cineworld cinemas have survived so many wars both digital, economic and covid wars.
With streaming on, many thought cinemas are dead but Disney reverted to theatrical release for the last 2 quarters this year after learning painful lessons with streaming releases. Now in 2022, Warner Bros have all their movies with 45-day theatrical window and that is more than enough for cinemas to make money.
Just look at Regal Sanjose Screen X for Spiderman movie, only front 3 rows are left to fill -
https://snipboard.io/fRtoCK.jpg
Cineworld is a cash machine!
Screen X is a 270 view with screens on 3 sides! look at this link to see how Screen X looks like -
https://www.belfastlive.co.uk/whats-on/film-news/cineworld-belfast-inside-new-cinema-22424486
Do you want to see a movie like Avatar at home or in Screen X ?
Remember Barclays target of 115p issued just a week before Omicron news was announced. Very soon Omicron will be forgotten. Just need some more patience. Accumulate if you can otherwise stay strong. We came out flying when cinemas were closed and now we are fully open so no cause for worry IMO.
LPD, a US listing RNS would be good. In July, I think Mooky said they might announce about US listing by year end.
Time to drop one now but we know Mooky is the best. He knows when to perfectly time a good RNS.
Any good RNS released now will be forgotten next day due to the chaos by SAGE and Bojo.
The slow drift downwards every day is by the retail traders IMO. If it was by hedge funds they could have taken it down by 5% in the morning as soon as we opened.
I'm very keen on seeing the move from big funds like Polaris, L&G and Jhango. They are not topping up yet as the private investors are currently in control IMO. Jhango are now either break even or in a loss like us. As they not banked profit this year so can't see them selling either.
One director purchase can halt this downtrend but I think the lingering litigation might be prohibiting them from making any purchases. I sent out an email this afternoon to cineworld IR to issue some kind of stabilisation notice with respect to the current covid situation. May be others can do the same. Last RNS update was quite minimal so I thought there would be a RNS in December. I will see what CW IR comes back with.
May be release RNS after the Spiderman weekend to mention how the numbers are working out for CINE.
Most of the CINE investors are in UK so we react to the news in UK but really we should be looking at what is happening in US.
To be honest, we are not doing that bad compared to the other stocks in travel and leisure sector that we are part of.
LTHs are not selling and holding well. We know our business is from US where Box Office revenue will do well this month. From the coming weekend, BO numbers should bump up due to big movies. If BOX gets to $600M atleast like in October then you can bet that it is another positive cash flow month for CINE.
This weekend Spiderman numbers should bring optimism to the holders.
That one death may not be only due to Omicron.
We have no details about the patient, whether unvaccinated or already in the bed for another existing disease and caught Omicron too. Pretty sure journalists will be digging out the details and we will know soon.
Javid says to SKY news that they are raising alarms bell not because Omicron is deadly and kills people but because they do not want to get blamed IF(BIG IF) Omicron turns out deadly and they are using the scientific modelling, which SKY NEWS dismissed it saying SAGE were wrong with their previous prediction with DELTA too.
Give it a week and truth will be out. It is definitely mild and there will not be any deaths only due to Omicron.
https://news.sky.com/story/covid-19-at-least-one-patient-has-died-after-testing-positive-for-omicron-boris-johnson-says-12494875
I hate SKY NEWS but that woman properly grilled and asked the same questions that we all are asking why panic when the Omicron is known since October and since 3 months now nearly and no single death so why create panic. She even dismissed the modelling of 75k deaths next year comparing it to similar 75k deaths projection by SAGE for Summer 2021.
All the fuss in the weekend was to get boosters done ASAP.
Aiming to get boosters by YE.
No new restrictions. This is the 2nd time Bojo appeared on TV about Omicron and no restrictions introduced.
Bummer for shorts! Not the news that they thought would see!
People can still travel to US for holidays!
People can still go to cinemas!
Spiderman opening on Wednesday.
London Leicester Sq, Sheffield, Wales all fully booked for the opening day of Spiderman!
A short blip in first 5mins may be tomorrow but back to 50s ?
Will be happy with 49.5p close tomorrow but could be higher as when CINE bounces, it usually is in the top 5 risers list! GLA
****ing idiot is expected to provide an update on the booster programme. The BBC understands there will NOT be any new restrictions imposed.
It is just an alert level but no new measures being imposed.
Total idiot he is. Why do a conference last week and why do another one today when there are no new measures being imposed?
Hindy, meaning less to compare with the last year bottom as conditions were different last year... We were closed last year in CINE major market US and now we are not. US will help in raking money for CINE. So that is why we are near bottom.
Also shorts need to close now at these prices otherwise they risk losing their profits. There are loads of people waiting to load up for the repeat of 50s to 122p by March.
It will be a disappointment for shorts tomorrow as it will not drop much like how it didn't last week when Bojo mandated face mask.
All we need to do is just hold and not give away our shares to short. Make sure you do not set any stop losses and sell price set to way higher otherwise trading platforms like 212 will lend your shares.
It was mentioned previously that CINE is profitable even with 50% capacity.
CINE turned cash flow positive in October and expected the same in December with Spiderman and Matrix. You can check Regal in California and NY for Spiderman booking next week. Should be pretty full based on various articles that says presales booking are shattering records.
The U.S. Justice Department starts an expansive criminal investigation into short selling by hedge funds and research firms.
https://www.bloomberg.com/news/articles/2021-12-10/hedge-funds-ensnared-in-expansive-doj-probe-into-short-selling?srnd=premium-europe
We could see shorts closing down quickly. Spiderman expected to smash pre-pandemic records in US, which is were money comes for CINE and then comes Matrix... foolish to short now at the bottom. Upside from here is significant.
Nice find LPD!
From the article -
No Way Home has sold the most presale tickets of any movie since Avengers: Endgame and could make $200-$250 million on its opening weekend alone at the US box office, shattering box office records since the pandemic began.
I said $300M in 2 weekends but looks like $250M in the first weekend is fantastic $$$
Fauci is not looking worried that much so you can bet Americans will not miss Spiderman and Matrix. 2 big movies together can fetch atleast $600M by year end, which matches quite close to October positive cash flow month.
Gavinship aka Investroid look for the news in US not here!
Finally one good article from Times after I subscribed to it -
https://www.thetimes.co.uk/article/biontech-vaccine-creators-covid-isnt-so-scary-any-more-we-have-tools-to-cut-deaths-dramatically-7bd75ntwt
Can't see any lockdowns coming. There is no furlough scheme to support the businesses and with Tories antics breaking the rules all the time, there is no way they can come back with severe restrictions. Also Omicron being mild, businesses will challenge Bojo for any restrictions.
In the meantime CINE tills will be ringing loud in the major market US where 80% of revenue is generated.
What the hell, this board is for CINE discussion.
Ross and Gavin go to some Facebook chat and talk about infections and vaccines.
With respect to CINE, nothing is changing. Next review by Bojo is after Xmas as per the last update. Next week may be M. Gove could drip feed few smaller restrictions like Ross cannot visit a care home to see Gavin who is in the bed worrying about Omicron, which he fails to understand that it is just mild.
Don't worry about CINE as tills are ringing loud in US and that is where CINE makes big money despite what 2 snakes - Ross and Gavin thinks in their cloud cuckoo land.
Again what is important is US Box Office figures that is from where CINE makes money.
Restrictions for cinemas are to just wear a mask, which is nothing new anything else is pure speculation.
US cinemas doing really well with presales for Spiderman surpassing previous figures across the regions.
You don't have a clue that CINE makes majority of the revenue in US so it is irrelevant what happens here in UK. All the projections/modelling by SAGE UK doesn't matter to CINE. No one believes their modelling. Even my neighbor who doesn't have a clue about stock market says that Omicron is mild and says Winter wonderland is all full and all tickets are sold out it seems. I told him to book tickets for Spiderman, which are also sold out almost!
https://snipboard.io/8ct9Eq.jpg
I downloaded today's total trades from LSE(not this site) and compared the number of Algo trades vs Off book trades.
Almost all of the Algo trades are by hedgefunds as PIs like you and me do not have the software to place the auto trades.
Off-book trades are the ones that are placed with the exchange using a trading platform like HL etc and these are the trades placed by people like you and me.
From the screenshot, you can clearly see that volume of O trades are double than the ones placed by Algo trades.
So more than hedge funds that use Algo trades, it is retail investors like you and me who had the highest volume today. And it is not just today, even on the days when we have more than 3% up/down SP, you can bet that it is the retail volume that is driving the price. These retail investors, who are people like you and me make decisions on buy/sell based on some source. Majority of these retail investors come on to these forums. Now when us private investors panic seeing the price going down, we immediately think of the comments from twats like RedMonkey/Pogo/Pawel and make an emotional decision. Ofcourse some are glad to sell it for a minimal loss but think about those who sell for bigger losses believing in comments from the trolls.
LIke I said many times, am in a bigger loss but there is no point in selling now but at the same time when some idiots come here spoutting rubbish, I can't withstand.
Again, look at th excel that I shared and you can see that it is us retail investors that have higher volume than Algos that are mostly hedge funds who short. Price is going down but short tracker doesn't show increase in short position every day, why? The price is going down because of the retail investors selling their shares listening to the trolls. What is annoying is that some saying they are invested but they spread FUD! I gave many examples earlier about retail investors driving the price of not just meme stocks but many other stocks. BBC said nearly 1M private investors working from home signed up in the first half of 2021. So anyone saying that the comments posted on the forums doesn't make a difference is completely wrong. Atleast with CINE and considering the CINE volume, it is the retail investors driving the price.
It is the sentiment of the retail investors that is driving the share price.
So if you see a troll best is to report their post and not reply to that thread.
PS: Also there are some O trades placed by someone on behalf of the clients. From what I learnt, SINT trades are such trades that are placed by someone(possibly MMs) on behalf of a client.