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It's about to take off for today.
This was a few days ago but still sounds nice:
"Come Aug. 26, virtually all roads in the lucrative U.K. and Ireland cinema market lead to Warner Bros.’ “Tenet.” In most of the countries’ cinemas on that date, you can watch any movie — just as long as it’s “Tenet.”
At the Omnimax cinema in Limerick, Ireland, customers can choose from 19 showtimes for Christopher Nolan’s keenly awaited and thrice postponed magnum opus. Over at the Cineworld in Wolverhampton, England, audiences have a choice of 29 “Tenet” shows on Aug. 26, while the Odeon in Cardiff, Wales, offers 16 shows, and the Vue Ocean Terminal in Edinburgh, Scotland, has 19."
The big London Leicester Square Cineworld is open but damn they are not making any effort to make it look open.
The main poster is for Invisible Man starting February 28th!!!!!
The only sign of Tenet is a tiny poster near the inside ticket box.
Not exactly creating a buzz. I have invested the house in CINE and needs to see if show some life.
So I am trying to book to see something on Saturday but the Cineworld site does not seem to be confirming times or films despite their site posting that they are re-opening for sure. .
Maybe this has been noted before.
Motley Fool articles should be consumed with a grain of salty popcorn but the recent one on Cineworld did contain one kernel of interest, which, if true, matters.
"Mooky Greidinger, Cineworld’s chief executive, says it is looking for cinemas to reopen at the end of June, ready for showings of the Christopher Nolan film Tenet – the first significant release since the coronavirus outbreak."
Good to see Jongle and Ahha bonding over their brilliant posts.
Alas back in the days when they were raphsodizing about Fever heading towards £1.90, my confidence was sufficiently shaken that I sold 1/3 of my holding close to £9 and missed out on the 30% recovery a few days later.
Entirely my fault, of course. I should have stuck with my feeling to treat their scaremongering at worth a pinch of salt even if they were cleverly thinking "outside the box".
But I would also acknowledge that such people posting wild guesses on this site can wear down beliefs like the water smoothing down rocks and generally they should not just be ignored but should be unread.
Better to look elsewhere for more considered negative views.
Trust you are joking, Jongle. If it doesn't drop below £10.00 it will defy all logic.
I mean when did logic ever figure into a share price?
Oh, sometimes there is a correspondence, of course.
But if logic was all that you needed, we would both be much richer.
Shares defying logic seems to be the byword.
Which is not to say Fever isn't heading south. All bets are off.
Thanks for your considered response, ahha.
You have obviously had a busy weekend figuring out how to make yourself look like an ass.
Good name, ahha. Joker deluxe.
Of course, your observations may even be right but they lack a certain logic and in any case, why do you bother posting?
Oh yeah, I remember, because you really care about other investors. I'm sure.
Yes, thanks, Jab.
Refreshing to read about Train's purchase.
Nick Train, one of the UK’s few remaining star fund managers after the downfall of Neil Woodord, has scooped up a stake in battered tonic maker Fevertree (FEVR) and declared himself uninterested in the stock market turmoil caused by the coronavirus.
Train invested 0.6% of Finsbury Growth & Income Trust (FGT) in Fevertree this month as its share price sank following a profits warning in January caused by disappointing Christmas trading.
The Citywire AA-rated fund manager told shareholders in the £1.7bn investment trust that Fevertree was ‘a classic Lindsell Train idea’, referring to the investment firm he co-founded with Michael Lindsell 20 years ago.
After a meteoric rise from their flotation in late 2014 as Fevertree stole market share from Coca-Cola’s Schweppes, the company’s shares peaked at over £38 in September 2018. Since then they have plunged by two thirds as fears have grown about the company’s US expansion and whether the UK tonics market has lost its fizz.
More than tonic
Train acknowledged the £1.5bn company faced challenges in the short- and medium-term. Asked by an FGT shareholder whether Fevertree was too ‘fashionable’ and vulnerable to changes in consumer taste, Train replied: ‘A brand of global significance has been established. There is an opportunity to grow that brand equity in Europe and the US.’
But he agreed that ‘Fevertree needs to be about more than tonic’ if it was to continue to succeed, pointing to the growth potential in its ginger ale and soda water products in the US.
Train told investors at FGT’s annual general meeting in London’s Guildhall that he and Lindsell had watched Fevertree for years looking for an opportunity to buy.
‘Having kicked ourselves for not buying it seven years ago then to see the collapse in the share price,’ he said they had to act.
Train declined to say what price he had bought Fevertree but said it was ‘notably under £14’. The shares have continued to fall as covid-19 fears have gripped the market, down 3.9% or 51.5p to £12.63 today.
Many thanks for the excellent reply WD. Thanks for taking the time.
I shall put the info in my pipe and smoke it later.
BTW my figure 80% institutions came from a Simply Wall St graph, if I understood it correctly.
Either way, your points hold up.
Either way as well, we seem in grim times, especially with Covid-19 dominating the headlines - although in many ways all shares seem oversold now. Companies down 25% when the likely hit against them will be what? Some 5%? Or less?
I'm guessing here of course but we are getting back to 2008 fall levels in some cases, when it did seem the whole capital dream might collapse, a much worse scenario.
A question please for those who understand share volatility?
FEVER is some 80% owned by Institutions and Directors. Clearly they are not selling.
So is it the remaining 20% - the great PIs among us - that are dragging this stock down
with their small sales - as low as 17 shares sometimes according to this site?
Thanks for any advice?
Ha ha for sure. Who can you believe? Or trust? Let's wait and see.
Here is a Jeffries pitch from 1 1/2 years ago.
******* Analysts at Jeffries upped their price target to £40,
but if US consumers really take to Fevertree’s drinks, it reckons shares could hit £60.
:-)
What Goldman says (below) doesn't seem to tell us anything.
I think we all know that UK is not the target market at this point.
And a "sell" target 2.5% below the current price hardly seems to need an analyst.
*****Goldman Sachs analyst Olivier Nicolai initiated coverage of Fevertree Drinks with a Sell rating and 1350 GBp price target. The analyst warns that the company is headed for another disappointing year in the U.K. markets due to the slowdown in the gin category and with less upside coming from its distribution gains, adding that there are no obvious catalysts for trends to improve in FY20.
Maucha, Definitely tempting to trade in my case, as I have no money left to buy.
All I have to do it figure out when it has hit its high - ha, ha.
It has done that the past 2 Wednesdays about 11 am - but of course I have not sold because I am dreaming this is finally the beginning of a big jump.
Maybe next week I will start trading regardless. Makes me nervous already.
No one had posted here for ages, so I will step in. Fever was doing very well yesterday until 4 pm - when it fell off a cliff - at the very same time that the US market also tanked.In the US the fall lasted just 30 minutes until our markets closed, then it recovered. Obviously FEVER had no chance to follow suit. Could it make up for lost time this morning. Have to hope so. It is up 2% on the week but needs to do a lot better just to get respectable. It is still mired at the low level it hit following the results on January 20th. No movement for a month. Except to recover from the new lows that followed the 20th.
If my will power had anything to do with it, it would be £20 by lunch.
Of course, if my will power counted for anything, it would never have gone below £20. :-)
Just happy now to see it may be heading for more sensible territory, pending the Results on March 24th.