Member Info for SP500

All, I feel your pain and frustrations, believe me. I was unsatisfied at the amount of attendees at the shareholder meeting before Covid. However, Paul and team have managed to turn this company around after the effects of the previous management. Covid brings various challenges, and while things should still move, the pace is evidently slow, however, we will not be privvy to all that occurs in the background but have to trust that things are being done.

Yes it would be great if 7 Digital communicated more - PAUL TAKE NOTE - a little goes a long way.

However, the solution is simple:

If one cannot remain in 7 Digital for the longer term, and thus benefit from any price rise / dividends / etc then get out of the stock and move on.

For those that can see the potential and have patience, then any price dips will represent a discount from what is to come.

Have a great weekend

SP500

...Also an extract from a news article on 05 Dec 2017

Cineworld has agreed to buy US cinema chain Regal in a $3.6bn (£2.7bn) deal that will create the world's second largest cinema group.

The deal is a big bet on the cinema sector, which is under threat from streaming sites such as Netflix, Amazon Prime and iTunes which allow viewers to watch films at home.

In the US this summer's takings at the box office were at their lowest level for more than two decades.

But annual takings have been more than $11bn for the last two years.

And in the UK, cinema attendance is up around 8% so far this year (2017) with around 165 million tickets sold each year.

Interesting point:
The numbers are still a far cry from UK cinema-going's peak after World War Two which saw a record 1.63 billion cinema admissions in 1946.

Currently Cineworld has a 22% margin, while Regal has just short of a 20% profit margin.
Does anyone know the Pre-Covid onset profit margin of Cineworld?

Source: https://www.bbc.co.uk/news/business-42234673

Thanks, good link, will check in depth, although I am somewhat sceptical of things given no chart in history has predicted Covid 19, and more importantly the financial ramifications of social distancing.

Ultimately time will tell

SP500

A profit running at 15% capacity ?
Hmmm... if that is the case, why such high debt figures?
Pre-covid 2016-2019 revenue has grown well but the earnings have been somewhat disproportionate.
Accounts payable from 2016 through to 2017 was even but jumped in 2018 to 6 times the reported figure
A similar situation occurred with goodwill.
Numbers don't lie as they say...

SP500

SP500

600% ?

@TheEconomist - Have you not looked at at Cineworld's debt pile and balance sheet? There are some issues there that need addressing long before the onset of Covid 19. Couple that with movie outlets offering HBO releases along with continued closure of cinemas and you don't have a mix that is ideal for boosting cinema revenues. If the cinema's do open and perhaps, like in public places, reduce the number of available seats, then perhaps capacity for their screens will be around 40-70% and that's if everyone goes back to going to the cinema which we both know is not going to happen right away. So add a delay before things reach 70% and you're looking at simply delaying the corporate funeral of Cineworld.

SP500

"If you know the enemy and know yourself, you need not fear the result of a hundred battles" Sun Zu

SP500

@Jace86 - Nope, no north of the border connection, nor multi posting... just a few thoughts. Yes I took up the open offer, had hoped for more but happy with what I got, I'm bullish on this, just wish info came sooner like everyone else!

No rattling intention meant...

SP500

or... (Playing devils advocate) my esteemed fellow shareholders... it could be as little as 6 months !!!

The question I keep asking myself is that, if everything is all ok behind the scenes, why aren't more RNSs released to re-assure SHs or more importantly, why must it go right down to the wire ? ( I recall reading on this board people were working out a notification period, which I believe has since lapsed)

If all is as well as they would like us to perceive, why hasn't the RTO already occurred, its October !?

Think of it like this.. if you suddenly became the victim of a wretched illness and needed a blood transfusion with prudent haste before your untimely demise, how long do you think the doctors or powers that be would be prepared to wait before they switched off your life support machine, saving electricity in the process ?

SP500

were hit by a car and left for dead in the middle of the street and needed an ambulance to come with, lets say, prudent haste, how long would you be prepared to wait?

I've been watching this from the sidelines since April…
I have my opinion, and the 5 year chart looks rather unhealthy.
Nevertheless, a large transaction of 2m shares ( largest for a few months) has just gone through... so perhaps this stock may see some "life" shortly.
I note it was not indicated whether this was a buy or a sell ( usual tricks)...
I will remain a watcher

SP500

...exactly the reason why he may be in the market for this dinosaur...

Mike Ashley is a mistake maker.

If he kept tight lipped about the Debenhams BOD and played his hand and took over before admin without the unecessary and amateurish verbal frolics, perhaps he would have then had the opportunity to fire the board and also save his £150M loss and well as the losses absorbed by other shareholders.

But I guess some things are just not in his nature.

SP500

"A criminal always returns to the scene of the crime"

Some thoughts here... (don't shoot the messenger!)

1. If AG has such a great rep, experience, etc, etc.... why bother with an AIM company that is currently worth less than 1p per share ?

2. Did it ever occur to anyone that the RTO may be in to multiple companies, ie the consolidation of many under one roof?

In reference to JT14's comment of "If it wasn't for Antos I'd be out.". Recently MXO had a name change to ADME and a sheik was involved and sentiment became positive, and the rampers began their usual ramps. Alas a couple of weeks ago, the Sheik, for whatever reason, decided to exit and needless to say the SP has since crashed. My point is that AG could leave at any time and therefore, don't put all of your eggs in one basket!

All the best

SP500

" I have had an accountant follow this and all he can say for certain is it won't go bust any time soon"

They probably said that about Enron and Lehman Bros at some point don't you think?

Accountants and stock market specialists are not one and the same.

Look at General Electric and Markopolos' report.. doesn't have the same impact as Markopolos' Madoff argument that the SEC seemed to ignore...

Anything can happen in this stock market game...

All the best

SP500

Attractive

Hmmm... perhaps about as attractive as a random lass in the pub after plenty of drinks... truth is, its only a matter of time till "sobering up" when the facial reality will kick in...

I've sold my holdings at a loss

GLA to those that remain

Supply and demand, nothing more...

Try and separate actual company performance and the stock market. The "illusion" is that they operate a certain way, but think about it, if they did, everyone would be getting rich the same way, therefore, it cannot operate the way we perceive it to, therefore, one must observe how the market works.

I am no expert, but I know what works for me.

GLA

Incorrect.
Why are shorters blamed time and time again when a stock doesn't do well?
The actual short interest on this has reduced somewhat over the year, taking this out of the top 5.
There are other factors at work.
I would be hopeful that the management release a statement given the price has dipped from 284 to under £2 in a week.
But we shall see...

Don't shoot the messenger!

M&S slashes 90% off clothes in stores and online as High Street horror continues
•Marks & Spencer has launched a 90 per cent sale in stores and online
•Such discounting would have been unthinkable a decade ago

Full article: https://www.dailymail.co.uk/money/markets/article-7296585/M-S-slashes-90-clothes-stores-online-High-Street-horror-continues.html

Agreed