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Fantastic analysis RS2002.

Clearly there will be lot of positive news about Tenet and the cinemas. By Friday the positive news about Tenet and cinemas will be spread like fire and 50% capacity or less is enough for CINE to make profits. CINE has been the best stock during recession time and is proven in all the previous recession periods! very undervalued compared to other cinema chains but now investors are getting the confidence and are seeing the potential despite our doom mongerings calling for 30p and look where we are now at 60! With more movies lining up and CA/NY opening too in few weeks, we will get close to £1 in no time. Hold on to your shares and remove the stop losses gents.

media sites like Deadline.com, Variety will make Motley's eyes popped on how big the movie Tenet is and the revenue out of it. Definitely, in one week time, everyone will agree that Cinema is almost back to normal. There are more movies lined up in September/October. Remember, they need only 50% capacity even now in covid situation otherwise 20% is enough for CINE to make profits and pay dividends. You will not see Bargain prices like this again. Time to load in covid hit stocks like CINE now. This time next year, CINE will be at £2+ easily. Just hold on to your shares.

Just watch the news about how big blockbuster Tenet is going to be. This friday is a UK release and with a bank holiday long weekend and staycation, Mooky's 50% capacity in the weekend will be easily achieved. Once it is released in US, the news will be all over the media about how big the movie is and the revenue out of it. Note Mooky mentioned that they have 75% capacity in 2 territories already! WIth more movies lined up, CINE's revenue across the continents will be going up and the shorts will be running down.

Shorts will get scared with all this positive news and easily 75p in no time.

I just need bloody 70p and am out of this.

What is your strategy tqhussain? Quick trade or hold for long?

What is ur strategy tqhussain? Quick trade or hold for long?

But order did not execute

You don't want to miss the rise if the bid materialises. Like Velo said about Warren Buffer offer to Unilver had set the floor for their SP likewise I think £1.50(as the bid is for £15B) could become the floor for BT SP.

There will be more investors looking to bid for BT and the competition will rocket the SP to higher highs. Those reporters will not leave the news here. They will look at keeping the momentum on the take over offer and expect a word from govt too on their stance about the take over. Opening price would be £1.20 minimum or even higher as the shorts start to close so could touch £1.35 in the first half hour!

https://www.cnbc.com/2020/08/21/iron-ore-prices-hit-multi-year-highs-on-china-infrastructure-investment.html

which is good for POG's investment in IRC?

There hasn't been any reduced holdings by Everest or Prosperity or any other big investors. Bonum seem to have reduced a bit on 11th Aug as per RNS so this last week fluctuation in SP seem to be due to retail investors going in and out.

Don't think price of gold will go down. There is a dividend announcement expected at some point this year so I think lots of positive news to come and don't see a reason to sell now? Warren Buffet bought stake in Barrick Gold which I guess could be due to expectation of gold price going up may be?

Hi Berry,

First of all Congratulations for holding Tesla! You must now be a millionaire with TESLA shares! ??? Congrats to all who got in at 200s and 400s.

I thought this was overpriced since it rose back second time to $900 Many are still not able to believe this rise and I still read analysts having low target prices but Tesla is defying everything and just rising up and up. With US unemployment figures and covid I thought their sales figure will be poor with the general consensus of high price tag for Tesla cars but the SP kept rising ignoring everything and the results were not bad either although profits wise not great.

I'm just kicking myself for not buying in at 550 when I started monitoring but was looking for a lower entry and eact time it just kept bouncing up. I finally managed to buy at $1000 and then another top up at $1490. Now am looking at another top up now but wondering if it is too late now.

With the battery day coming up and entry to S&P 500 will motor this up even further I think. Infact am thinking of going all in and sell every other sectors holdings.

Clearly US stocks are best to invest than UK. The whole world invests in US and I was stupid looking at bargain prices of UK stocks in Mar/Apr time. Although they bounced well the lows but some are back to lows whereas Tesla buying is relentless! Analysts say it is the retail investors on Robinhood who are mopping up all the shorted shares.

I guess once stock split is done it might again touch $1000 in no time which $5000 before stock split! Just amazing!!!

GLA

Best post since yday Phoenixy!

The current situation is temporary. Vaccine and drugs will improve the situation. Countries cannot go on like this forever. Number of deaths have not increased despite opening up.

Ppl are painting doom and gloom picture but this situation is only temporary. One year from now, situation will be much better. Not long before the vaccine comes and there are therapeutics coming soon to treat covid.

Going back to PMO, all the big IIs knew that there will be a placing when PMO announced about buying BP assets. Market applauded for getting BP assets at bargain prices. We haven't seen big IIs reducing since PMO announced about BP deal instead SP motored up to 54p despite everyone knows about the imminent equity raise!

There are too many lenders involved here including banks. They cannot lose their investment here so they will let PMO survive. Banks need to make money too. With 100Kbpd by next year, debt is easily manageable. Remember breakeven is only $37 oil for PMO. With not much investment by oil companies, demand will outstrip supply and oil will be back to atleast 60s. Even now in the current situation, we have seen big draws in EIA report remember?

We just need to wait and see at what price the equity raise would be. It may not be the yesterday's closing price of 27p as creditors might dictate this price. Like Kenny mentioned, the shares issued to them cannot be sold until 12 months.

In my opinion, PMO will survive and better days will come. Just don't bother looking at SP everyday. ATB.

They didn't release RNS when UK cinemas opened. Would have been good if a RNS is released but just a mention of reopening cinemas is not enough to put in a RNS. Wait for Sept 24th.

Last year or before when shares from convertible bonds were admitted many said big dilution but with debt decreasing, mcap increased and SP did not go down. I'm pretty sure of this as many feared about dilution but from £700M mcap it increased to £900M and SP motored up.

Is that a different scenario than what is going to be based on ydays debt to equity conversion?

There are few companies in other sectors with 4 times debt than PMO and are surviving and doing well. I think debt maturities extended to 2025 is a pretty good sign. Feel bit overreaction yday. IMO

RNS to confirm the opening in US would be nice and I feel there will be a RNS tomorrow on that!

There is another saliva test that has FDA approval already which many already know -
https://www.independent.co.uk/news/world/americas/coronavirus-saliva-test-yale-fda-approval-a9674416.html

Hopefully AVCT gets their kit certified soon.

BBI are also manufacturing antibody test kit. I have a feeling that Matt H mention of the rapid test is not the AVCT antigen as the AVCT kit is not even CE certified and Matt H cannot comment publicly on a test kit that is not even CE certified unless we receive a RNS from AVCT on CE approval by end of today, which is very unlikely. Just my opinion.

Welcome Hasiba! Your midas touch on CINE is what is missing I think! :-)
I know you did good on several - PMO, FARN and few others. It is good that you believe in CINE too! CINE US opening is soon. That should give a good boost to CINE SP next week. ATB

Nice positive article. He did not mention clear figures on the net debt but we can see from the trading statement it is not high and once the normality returns, ITV will resume dividends. In the last update, they already mentioned that they will look into resuming dividends in Q4 so not long now for this to go up. I would say £1 by Christmas. It doesn't look like there will be another lock down in UK. GLA