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5k down and you want to add £300???
If you buy at 3p and were lucky enough to sell at 6p, thats only going to get you about £220 profit.
Is it really worth the risk of loosing it, or worth the gamble of gaining thousands if the price goes back up on news of no Chapter 11..
Personally.... I wouldn't bother...
If it is infact true that the company are filing for chapter 11, then I believe they should have released an RNS about this. This is the second time I'm aware of that Shareholders have found out news from other sources without a word from the company.
I would be very careful of buying any shares in Cine, as they don't really seem to care about shareholders and keeping them upto date on current events.
I also think that Mooky is full of Bull and Bluster. It wasn't that long ago he was saying in interviews that the film slate was strong, and that the viewer numbers were good....
But nothing about how much their debt was rising and how they were struggling to pay it down.
So many people here have been kept waiting for good news off the back of his words, only to be dumped in an ocean of debt themselves.
It is clear to be that the BOD are looking out for themselves first, and you.. the shareholder last
So many overreactions here …
This is Chapter 11 (debt relief) not 13 (liquidation), and while the process will limit what Cineworld/Regal can do in next few years, they’re not closing down or selling off their theaters tomorrow
Mooky is full of false statements and bluster...
Telling people in his interviews and videos that all is going well. "Cinemas are filling up" "people coming back" "big slate of movies" all bullcrap to stop people selling....
He lied to us all
Well.... was he?
Bull***t.... and so what if they do post on Twitter...
They post videos on TikTok, but it do t mean shareholder will be fine...
What's needed is a Solid RNS
Could double your money...
Quick...! Get a re-mortage on your house.... FFS... madness
Maybe Cineplex are happy with nothing and they Cine can't reach a deal
If it does go bust, alteast I know I left with something and didn't make the wrong choice in selling
Might buy a couple just to frame the certificate
Ffa.... what a disaster...
Feel so sorry for many here today.
Also hope that guy talking about topping himself is OK..
If you reason this pal... talk to your wife... please
Anyone for a risky bargain.... very risky
Less risk building a house from dust than making money here now
It's 100% all over bloomberg.
If its fake news, then someone is doing a good job of it
where is it gonna go... up or down
News feed says Bankruptcy
News Feed On Bloomberg says Bankruptcy
They will probably release an RNS at 4:45.
Bye cine.. shower of b#@$#$%
https://uk.finance.yahoo.com/news/cineworld-bankruptcy-failing-rebuild-attendance-124856441.html
Cineworld said despite a gradual recovery in attendance since reopening theaters last year, recent admissions have lagged below expectations.