Member Info for smalltrader

good rise!
Clearly market liked it seeing yesterday's live video of the court session and even some of you have rightly said that Cineplex is just waffling and no substance but yet few here did not believe! Well we know what their motives are from the beginning....

" the rns came out the surprise for everybody. Were we even expecting a court date this year?

What I hope can be learned is that today's ruling means cineworld DID NOT win the judgement we were certain to win. Forget me I'm used to the flack but other posters did NOT deserve the crap they recieved for daring to say they were concerned cineworld would not win this case. I'm sure a few posters in particular woke up this morning with their tails between their legs ,
"

Another post inviting for a school playground fight for which Bonkers, you need to go to school. There is another reason as well for which you need to go to school. I will explain why.

You clearly totally lost with today's RNS. It is RNS about a court case for which judgement was already given in April/May. No one said about that court case to be in our favour. It is not a Cineplex court case as you thought :-)

You read the RNS and copy /pasted here and been here since last year and still has no clue about CINE business! Tail between the legs? lol

Sorry board but could not resist replying to this thread.

Popeye62, you said you bought just last month and you said you were happy with the results and now suddenly worrying about the balance sheet? Looked at your posts and did not see a single post on balance sheet or any numbers on CINE just like D9.

Prove that you are not just full of words but can do some numbers too and enlighten us with your knowledge.

If you opened a short then sure good luck but no need to come here and de-ramp.

With regards to your comment on COVID, we broke the 2019 levels last weekend. Infact BO revenue was 12% above the 2019 levels! If a movie is good and it has exclusive theatretical release then we will be beating 2019 levels. Next comes Bond..wait and see the figures...

Clearly you did not understand the context in which I have put that question. Sit aside and wait for the response from Trendz

Looks like you did not read the thread on debt.

Can you explain why the share price was £1.90 pre-covid when the total debt including liabilites stood at around $6bn?

Escrow account is used when there are obligations to be met by both the parties to complete the transaction.
So it looks like Mooky is expecting something back in return to complete the transaction.

Otherwise Mooky would have transferred the balance amount to dissenting Regal SHs instead of transferring it to a third party Escrow account.

Lease liabilities are around $4bn and it is for the remaining debt for which lenders can press Mooky's neck. But the lenders have been happy to lend more, nearly $1bn since past year. They did not ask Mooky to go to share holders. Probably, the reason being CINE has a product that doesn't have a expiry date and there is no existential threat. After all we came out flying from the ashes.

So lenders are confident that debt is serviceable. Mooky also got advice about US listing to get additional liquidity. With cinemas getting back to normal and US listing option, in my opinion, debt is manageable.

We had $6bn debt before covid, including lease liabilities and the share price was at £1.90.

Now we had Peel hunt price target of 75p, Bernberg 85p and Barclays 115p, Jeffries 150p, all in this year since March. Wonder if they were irrationally positive and dimwitted and only the ones on this board are the cleverest!

Ashtrash, as you lack the ability to understand basic concept about ISA so let me tell you about what I meant in my morning post -
Say you muppet finally bought a 2 bed house and you are looking to sell it. Now someone who wants to buy your house for a cheaper price than what you are selling for will start talking negative about your house and imagine he posts this negative information about your house and the locality on facebook, how do you feel? Would anyone else come forward to buy your house? Now you muppet, you are invested in CINE (think about the house too) and you start posting on facebook that prices in your own locality are not going to go higher! Don't you think how foolish it is to talk down the asset that you are invested in? Would anyone else buy for the price that you want to sell for?

Demand for your house/shares will start to weaken and when not many are coming forward to buy and then the price goes down.

Now someone else jumped in and started talking positively about your asset(house/share). How can you go and dismiss his opinions when he is talking positive about your asset? You will dismiss only when you don't own the asset or it is not your house that you are selling!

Now you see why I keep saying not to talk down on the asset that you are invested in you trash bag?

Well atleast 9 people who recommended my post for calling you out are not muppets!

You claimed that you are a financial adviser and came here on this board asking what is an ISA! That shows who is the muppet :-)

Crumpets, while the court is yet to be started, am posting my opinions on why it may not cost much for CINE.
HSN, Ian, LPD and others have posted their opinions on why this may not impact CINE as serious as you think.

Do you think Jhango are worried with their millions invested? Did you see any reduced holdings from Jhango?
Legal and General are the other major shareholder in CINE and they have not reduced their holdings.
We are the last ones to know anything big news and these big funds have not reduced their holdings still. Why do you think is that?

Also why were the lenders able to lend more than $1Bn so far since covid when they knew that there is a court case from Cineplex?

Our biggest deramper, Motley Fool's wrote so many articles about CINE and you will see that they only scaremonger about Debt and Covid but not a single time they mentioned about Cineplex case. Not just CINE but Telegraph and Times articles have only mentioned about streaming being the threat for CINE and covid but not a single time they mentioned about Cineplex. Don't you think $2Bn claim by Cineplex is worth a mention when deramping CINE by all the media?

Clearly no one believes that $2bn damages has merit in it.

Looks like you are watching too many movies or too drunk tonight and thinking that me and LPD are the same person.
Go for a walk you idiot.

Awesome news! Thanks for sharing Plumber95

hahaha thought it was only soft blows that I gave to Bonkers but looks like he had a hard punch on his face and turning red so came up with such a big yawn post! Again another useless post that doesn't help anyone. Anyways carry on posting your drivel...like you said freedom of speech and all that....

Great posts HSN, LPD and Ian.

Without any due diligence done, lenders wouldn't have provided all the liquidity that Mooky needed so far.
We are talking about the probability of case going in CINE favour which some don't get it....

anyone can log a court case. If I pay £75 then I can log a case in consumer court against Microsoft. It doesn't mean Microsoft will bow otherwise they could have settled out of the court already if there was any merit in the case.

Likewise if there was any merit in Cineplex case then CINE would have made some offer to them before letting it go to the
court.

Cineplex is just trying their luck. They haven't incurred any damages due to the withdrawal of the offer. They haven't received any other offer in 6 months since the time Cine made a bid so they haven't lost any offer from other parties and claim those losses either.

CINE is happy to fight this in the court and claim counter damages.

Just because someone is scaremongering you about the court case, don't sell in haste for a loss and give away your shares.

DD9, you find bonkers posts are credible when there is no substance at all and that says all about your credibility!

JG68, yes bit emotional because nursing a loss. Thanks for rubbing salt on the wound. Also we have seen how many times in a week and in a day you cry about the SP performance.

Like I said in my morning posts, mob is arriving one after the other, who do not like 80p price target headline post.

Agreed Mrstu82. If we can get Cineplex out of our way then it is all blue skies for CINE considering the confirmed lineup of movies coming in.

has been discussed at length many times about the case. There is no merit for Cineplex claims.
They breached the contract with regards to maintaining certain debt level inorder for the acquisition to complete.

I will leave it to LPD who can explain it much better about the Canadian law that dismisses this case considering the Covid situation.

bloody attention seeker

are you saying that only the ones who bought CINE years before are entitled to "lecture" and no one else? By the way, I was not lecturing anything to anyone unlike you.

I bought in CINE with 53p avg last year and enjoyed reading the posts from RS2002, Moola, NOFEAR, Pinkeye, Saihaj, JayBaba, Sumsoverhistory and many others and never seen your Bonkers posts and you all of last year. I sold it for a loss last year when the second lockdown was announced and bought back again in March and not sure what is your problem with that?

broken record? You think your post is not?
Every time there is a price target, you are the first to reply back with your broken record post.
When someone posts a headline calling 40p, you don't bother to reply back?

When SP hit 57p, you said the same thing - "doubt we will see any higher" and we hit 71p three times so far.
How do you know 80p will not be hit for this year when we hit 71p 3 times?

Posts like yours and others are the reason why no new investors are coming in and some might be selling for loss as well.

If you can't add anything positive on CINE then atleast stay quiet.

Sparkling is gone? Well it will be gone if you and your gang comes back with **** posts like that all the time.

Just look back at your own posts. Only one theme that everyone can see...broken record