RE: Also bought in today.....18.6718 Mar 2020 22:12
Also the way things are it will be very easy to negoiate loan terms and payment breaks..., the gov has said they will provide more stimulus as required, and banks with zero interest rates will be happy. Thats how i see things, and no need to panik with 80% de-valuations in few days. Just gives others cheap shares. shorts are getting a bit too excited at the moment....
RE: Also bought in today.....18.6718 Mar 2020 21:02
yes, and they have paid down chunk this year, but despite that they are in growth mode, and EBITA is very strong. In terms of futire growth is way oversold. Hence why anaylst have give price tags of 150p this month. The wider mkt is down and this has taken a hit too, a tad too far. 80% down in 5/6 days is madness/ fire sale. They increased the divi becuase of addtional cash position. The importnat thing their business is rolling one, and not like the oilers and leisure companys that are have coming to a halt. Bought Cina for trade, and now sold and back into ELM as its muhc better diversified and china operations have re-opened. The virus is comming to end in china and other countires will follow, and then we see multi bags here. IMHO.
RE: cine-22p@08:32-18/03/20, looks cheap,am a holder18 Mar 2020 18:07
Cineworld said that under its "downside scenario" of widespread cinema closures, which would see the company lose the equivalent of between two and three months' revenue across the estate, "there is a risk of breaching the group's financial covenants, unless a waiver agreement is reached with the required majority of lenders within the going concern period".