RE: To whom it may concern...28 Jun 2021 12:12
HSN, retail power took the SP to £1.20 but now we have some resident trolls who talk down the share and dampen the sentiment all the time so why will the retail buy it again. When you put out anything positive that is a fact, they come out and say one film doesn't make any difference but still they claim they are invested.
F9 made $70M in the opening weekend whereas in 2019, the same franchise made $60M so you can see that demand is back to pre-covid levels and this is what Mooky was expecting with precovid levels reaching much sooner and F9 collection is your proof and this what Market needs to know. If Black Widow can do similar numbers or more then it means cinemas are almost back to their normality.
Cinemark in US is up 33% in last 6 months whereas CINE is down by 12% in last 6 months!
CINE has lot of catching up to do! Atleast 30% upside is there from current levels.