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"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?
I think before everyone gets too excited they should maybe take stock of what might be decided and announced on Thursday next week and how it could affect all shares. The Times are expecting the biggest rate rise for 25 years.
Markets might just have got ahead of themselves.
Not exactly the RNS that people had wanted to see. Still ongoing problems.
have to agree that its looking ominous. Last RNS highlighted so many milestones that should have happened this week and no RNS.
I'd say of there is no RNs tomorrow morning then they have encountered problems.
Read it and you'll see what I mean.
Lift the price cap and customers get spanked for energy bills and somewhere in there somebody capitalises with excessive profits. Will be greeted with derision at a time when people are struggling with sky high energy bills and a cost of living crisis.
https://www.dailymail.co.uk/news/article-11057077/Fury-British-Gas-owner-Centrica-profits-increase-FIVE-FOLD-1-34-BILLION.html
Good results but it looks like we have found the culprit for part of the high energy costs at the pump. Refinery margins seem to have been pushed up.
Petrol retailers were looked at for pump prices and supposedly failing to pass on falls in the oil price but were exonerated. The CMA, Competition and Markets Authority have now turned their focus to refiners. I think therefore this might be as good as it gets in quarterly numbers and that those refinery margins will be reigned in to mask what has been blatant profiteering.
The two single most contributors to high pump prices are refinery costs and the tax that the government takes on each litre and gallon sold.
The two biggest constituents of inflation across the globe right now are fuel costs and shipping container costs and their knock on effects for trade and the movement of goods. Tackle them both and you will tackle inflation quicker than pushing up interest rates.