The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Placing rampers are out in force today.
Last cash point was precarious.
Be wary
I'd say it probably began yesterday.
These Protect contracts are great but take out the equipment and staffing costs and how much real profit is left.
How much will this mass screening equipment cost and who will be footing the bill?
You can't blame anyone for taking profits ahead of the Bank Holiday weekend.
Some have doubled their money since the last placing.
Could settle about 1.5p
Hexam it could be argued that todays RNS cleared the air on this big stuff that is coming and with the results due on the 22nd September it is five days outside the normal 1 month closed period prior to results. Has he not done something similar previously?
Where will it rest tomorrow if after todays RNS Mooky is one of those who is selling down his holding in anticipation of any deleveraging?
"In connection with these initiatives, the Group remains in active discussions with various stakeholders and is evaluating various strategic options to both obtain additional liquidity and potentially restructure its balance sheet through a comprehensive deleveraging transaction. Any deleveraging transaction will likely result in very significant dilution of existing equity interests in Cineworld."
I'd say advance warning of a Debt for Equity swap and massive dilution to existing holders.
When they said "at this time" imo.
Very murky goings on indeed.
That just about tells you the total scepticism with which investors treat anything that comes out on the Bumbly telegraph these days.
Has to be fully delivered now on RNS as nobody is interested in innuendo and trying to piece together an elaborate jigsaw that never ever seems to get completed as there always seems to several pieces that end up missing.
_benhouse if a black hole were to appear then it is not priced in.
"At this time" was the phraseology used and it is not fully reassuring.
Another down day predicted. Distressed seller with a lot of shares still to pass on amidst the uncertainty of the reason for the delayed results.
Better to wait until 30th August to ensure there are no skeletons in the cupboard.
All who have been buying recently have found the share price lower the next day, and the next ...
I think you will probably find that the shorters are across the back of this and also selling it down. It means you can get twice the effect.
Shouldn't be any news in a closed period until delayed results on the 30th August.
Coming in on forecast and covering the overheads are two different things. Not a good start to the month and then it doesn't get much better for the next two either.
Seems to have hit the buffers. So so opening thats not ot good for August with not much other content.
https://variety.com/2022/film/news/box-office-bullet-train-brad-pitt-easter-sunday-1235335453/
Was always going to follow S4C with its recent downward movement. Inflationary staff and business costs I would suggest.
Who is this new ramper? Ask yourself who has actually been providing the Iranian airport security in Iran for the last 4 or 5 years rather than thinking Iran has closed its airspace waiting for WSG and America to resolve things. Please keep it real.
Wouldn't want to be out of this going into next update. I think I'll pass.
Or could the AMC attendances be up because they are taking some market share off Cineworld.
They have meme money to spend on marketing and promotions and are much more inventive and ground breaking with ideas.
Trap door activated.
Interest rate decision in the UK on Thursday.
Must still be half asleep but I was expected an RNS this morning.
Unfortunately not seeing any.
Looking like problems I'm afraid.
So is Christmas.
All the cogs in the engine needs to work and the gas has to be there. Just remind me how much they paid for the asset?