Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can we please think a bit more before reporting posts? Someone said they sold as the debt level put them off. A couple of us LTHs made some good points last night about how the debt level is actually much lower than the figure shown on the accounts. We then get told that we’ve all been reported and called derogatory names. It appears the thread has now been removed which is a shame as it made some good positive points about Cineworld.
(Though I suspect the user who reported was actually a deramper who didn’t like us pointing out the debt is much lower).
For those that didn’t see what we pointed out it was about how 4bn of the debt figure isn’t loans. It is lease liabilities. For accounting purposes the leased asset is recognised alongside corresponding liabilities for future lease payments.
Derampers love repeating the 8bn debt figure but it’s not strictly true.
As much as I would love this to blow up like GME and make us all shed loads of money I don’t think this is going to get enough attention/volume on there. If it does blow up though I’ll need to start thinking what colour I want my new Aston Martin in haha.
Doesn’t necessarily mean no take over.
@Timeshifted
As I said in my first post the other day I’ve been reading here since last March (just never posted) so I’m well aware of SG and IDW.
I don’t mind negative views about CINE as long as they are constructive to the conversation and are based on information of substance. Random posts saying things like “5p next week” and “get out before you lose” etc. without actually saying what information that opinion is made from are just pointless and irritating. We seem to get more of these when there isn’t much negative news to endlessly spam the board with.
In this case I think he has found an article that could be seen as negative for cinemas and put a positive spin on it. I don’t know much about cinemas in Belgium but I don’t think the issues in the article have much impact on cineworld. I think it is taking about small independents rather than big chains.
I don’t think he is deramping. Most of his posts have been positive for Cineworld. Maybe English isn’t his first language so the meaning is lost somewhere? I understand that he is pointing out that Cineworld is doing well compared to other cinemas.
I think the recent influx of new derampers was in response to the new posters hyping up all the Reddit ramping BS.
You have not read the article properly. It is talking about what happened in the past. That stage has been dealt with and is now irrelevant.
1st post but I’ve been reading this board since March. I feel like I know some of you now! :) Just thought I’d grace you with my presence for a change.
Firstly a BIG thank you to ShorterGuy and InDepthWins. Your posts have provided me with SO MUCH free entertainment over the last 10 months. Some really hilarious statements and flawed logic to have a giggle at. You guys will have a good career waiting for you in the circus. I see we have some new accounts providing more entertainment for us all (SG/IDW in disguise?).
I first invested in CINE when the price crashed down to 16p. I got in at 23p and have bought more shares a few times since. Currently have a nice gain at current prices but I’m expecting to sell at a price no less than £1.50 at some point in the future. Well done to all those who held at much higher cost than me through the October period when we were in the 20s again. I’m in a few other shares to but CINE I think will bring the best return.