Cineworld operates with 73% of cinemas in U.S. Trump has stated that they can open (with strict guidelines) in as little as 2 weeks. Shorts will be forced to close and investors will flood back. Wow
As much as I’m hopeful about TLWs return, i don’t see a good recovery any time soon. Brent and crude at lowest levels in 20 years. No-one is back at work, traffic in China is still down 75%. As I said before until there is a vaccine we cannot return to normality safely. I’m averaged at 27p so trust me I want this up as much as the rest of you I’m just looking at this critically. However TLWs hedge should hopefully keep them from any financial trouble for the next few months
Unfortunately rd12 is correct. With no demand until covid has gone it could be disastrous for these businesses. I got out yesterday but don’t want to gamble my life savings so will wait for positive news on oil - not a new CEO or some asset sales
In countries like China, South Korea, Italy. Apparently even when lockdown is lifted pubs, clubs, theatres will stay shut until there is a vaccine. Will MAB be okay?
RE: Wouldn't this be amazing for all of us?13 Apr 2020 13:55
Would still take months to administer to everyone and the UK government would manage to be the last to get hold of it I’m sure. But that would be great
In reality if you buy at 15p or 30p in 13 months when the economy is back up and running and we see £1-2 don’t think anyone will be complaining. Except Laidback
Still a lot of uncertainty in the market. Big plaster has been whacked onto the situation this weekend but I feel this was priced in last week. The real ramping will come when we see light at the end of the coronavirus tunnel. Sit tight