Member Info for WaffenBurret

Todays RNS is full of’em.

Viewing figs for January. 10000000+ people obviously wrong and you’re right plasmerman lol.
Try the big screen for a premium movie experience.

Good weekend all.

Thanks for thoughts Jpc. But pls don’t weep for CINE.
Forward looking statements is all.

We are in the midst of a hard-boiled negotiation against a backdrop of the best film slate in years. And this spectacle today presents a great sideways advertising opportunity. drawing in large audiences.
Keep an eye on those box office receipts.

Here’s looking at you kid.

Ps, mind the lithium glut.

We are talking movies. Script writers have been hired . Here’s ACT II, first plot twist.
Suspense . . He’s been rejected. How can he get her back?

Great for the box office. All this free advertising.

..and Cineworld is recovering.
Excellent film slate - unmatched in years.
Box office exceeding EXPECTATIONS.
Haircut for all but this will bounce imo.

Part of the negotiation.
Shares are still available.
Have not been delisted or suspended.
Box office exceeding forecasts.
Business recovering well - Better than expected.

- necessary plot twist for the benefit of the jury, as it were.

Read between the lines.

Harrison Ford is still acting.

Good luck to the fleas.

According to the day-chart fwiw. Rising lows meet lowering highs next Wed.

I trust Nick, Duncan and the Zambian Gov are all aware of this.

*Debtors = Lenders. Apologies.

Crazy but true. There are a few shareholders on here who don’t understand what they are getting into.
Rule 1: Don’t invest in something you don’t understand - until you understand it.
Rule2: keep your weight down to what you can hold without dropping when prodded.

Otherwise, The idiots will take you for a ride, and now they have revealed themselves, busy this morning but nowhere to be seen now - they will probably change their names and a fresh bunch of avatars will arrive at the next agenda-driven induction.

My view is that Mooky doesn’t want to let go of any of the business. He would rather take a haircut on the valuation (dilution) and do a deal with the debtors, at all costs, to retain his FAMILY business, let alone the immediate value of his holding. And why not? He’s made it clear that the brand is not up for grabs.

He has earned his reputation and made his bed. I’m sure he and his family would like to continue sleeping in it.
Low-ball offers were expected by some, initially. There may be more realistic offers aired in another format OR, as some here have alluded to, a cleaving of jurisdiction.

I have reached a percentage I would like to have invested here. Which means I have to miss out on further buys today sadly. But on the upside, I bought in at near bottom so I’m not actually that unhappy. The experience, going forward, will be a bit like giving birth. There’s going to be painful stretches, followed by a beautiful new lease of life, is how I see it.

Moments like today are Definite opportunities for those sitting on the sidelines. If you’re averaging down be careful not to go overweight because otherwise you will struggle at the next tactical, avatar infested, attack.
If you keep things in proportion, you will remain strong, sit tight, not budge and expect rewards a little further along the way.

It’s the psychological aspect here that will catch you out.

Respect to those here for adding useful links and quotes from what is currently on record as opposed to the idiots who churn doubt, like the press, for a nickel.

GLA.

I repeat the above as it was lost in a sea of tittle over issues secondary.
There are a myriad of possibilities on the table (we don’t yet know). Right now it’s a chess game and much of the language in negotiation is tactical, blocking procedures and NDAs. Tax and accounts, very creative areas.

Elvis and Wolfe between you some interesting info but pls cut out the point scoring

In spite of the current debt numbers, the business has massive value and someone is going to be running it, as a whole possibly, perhaps in parts. But we await the next key announcement.
It’s probability and faith in a good outcome - looking at the industry macros that keeps me invested here.

GLA.

So I’ll repeat it here:

“..The Cineplex claim is the poison pill in all of this.
It can only be settled by Negotiation, Litigation or a Chaper 11 cram down.
Personally I would have thought that litigation (i.e. the appeal) would have been the best course, but obviously there are many more people at Cineworld with better information than me.
So it would seem that they decided to go the negotiation route and play chicken with Cineplex:
- Pursue your claim in full and get nothing as after the secured D4E there will be nothing left for you (or equity); or
- Take $X now, in cash and we close the matter down and move on, presumably with new money from another party investing in the PLC vehicle for a better dilution level than was what was available from the Ch11 process.
This was a voluntary filing and so if the BoD can show that there is a way out with new capital where none of the secured creditors gets impaired, then they can come out and keep trading.
There may be more negotiations with current lenders to extend their tenor in return for a higher interest rate, which would be a win all round.
So my guess is that they have someone lined up with deep pockets who will step in for 25%, 50%, 75% or whatever of the business *if* the Cineplex issue can be dealt with, and then we carry on as before, with the new equity paying down some of the debts in return for their stake”.

This is when these boards are at their best!

Bonkers, you sound a bit frustrated. What’s your wish?

While we all wait, the circular debate can continue - in everyone’s own mind.
David Bowie can wait and only invest in assured investments. Apparently his risk appetite is very low. Surprising, considering aim explorers tend to be at the high-risk end of investing.

The upside is that the high degree of risk is rewarded with large returns once news confirms an outcome.
Investing after conclusions have been reached produces much lower returns.
I cannot believe that David Bowie is genuinely going to wait. It is hoping to sow doubt here to find the lowest possible entry price. Why not? Going to all this trouble is WORK.

Nobody carries out work of this kind without the expectation of being rewarded.
By seeking to get a lower entry price. Also, spread betters are beavering away to score short points on a daily basis.
GLA.

Meet up with him often do you?

1. There are no facts until they happen.
2. Inheritance: very good time for ‘gifting’ when share price is low.
3. Can not = cannot.
4. Company IS, not company are.
5. Every statement is a tactic, weighted accordingly.
6. Cineworld looking good.
7. Mooky’s plan for world domination, though upset by Covid, may still come to fruition. (Cineplex included). See 2.
8. Many working hard here to earn their targets.
9. Back to the future - good day to you all.
10. There is no 10.
11. Is louder.

Not just ABRK. Bronco bitcoin this evening.

This thread is getting too long. Where’s the manager, Imulhare?

Well, we know that there are large holders of shares already listed. Shorts are not monitored if bought through secondary agents. Therefore a short bet would not result in a TR1. For PIs with relatively large holdings but below the thresholds, spread bets will be used and so the spreadbet platforms take the risks and hold the shares on other side of the bet.

Very likely that a lot of these shorts are simply a hedge against long bets by the same parties.
If invested 1x long, then say, 0.1x short to cover. This makes sense of high holding prices. Divide by 10 to get a fairer assessment of the situation. If price goes up some of the long bet will be used to pay off the short. Ratios may vary according to the probability involved.