Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Britain's £100bn lockdown bonus: Bank of England economist Andy Haldane says Britons have saved bundles of cash during the pandemic... and now it's time to spend to rescue the economy.
Families built up £100billion of 'excess savings' in lockdown and are already spending it, a senior Bank of England official has claimed.
A nationwide spending spree could help the economy to recover more quickly than forecasters have predicted, the Bank's chief economist Andy Haldane said.
Hyve event. Groceryshop 19-22 September, 2021
https://10times.com/groceryshop
Groceryshop launched in 2018 with a staggering 2,200+ attendees and immediately became the leading event for innovation in grocery and CPG. Feedback to the event was phenomenal with a Net Promoter Score (NPS) of over 50, setting the stage for the event to increase in size in 2021 to over 3,000 attendees.
Groceryshop will be held on September 19-22, 2021 at Mandalay Bay, Las Vegas. Retailers and brands attend Groceryshop to learn about the latest technologies, trends and business models as well as to collaborate with peers, startups, tech companies, investors, real estate operators and others in an open, friendly environment.
Sorry to disagree /disappoint but from looking at the Lse chart for this share it's never been as high as it is now. And that's going back 3 yrs! So why do you think it will be £5 by next year?
ROLLS-ROYCE HOLDINGS PLC
NOTICE OF TRADING UPDATE
Rolls-Royce Holdings plc will be announcing to the London Stock Exchange a scheduled Trading Update on 11 December 2020 at 07:00 (GMT).
A conference call for investors and analysts will follow at 09:00 (GMT) with Warren East, Chief Executive, and Stephen Daintith, Chief Financial Officer.
What's this about???
Saga share price performance
I think it is fair to say 2020 was not the year Saga was expecting. The company, which has been trying to turn itself around for seven years, was betting that the launch of its new cruise business would help return it to growth. Unfortunately, with the new fleet, and the rest of the cruise ship industry mothballed for 2020, this hasn’t happened.
Warner Bros. Are going to stream films along side cinemas showing the films. So are cinema's viable?
#1 – The bounce
Covid-19 completely decimated Cineworld’s business. The company had to close its cinemas to the public during the pandemic, which devastated revenue.
Cineworld shares seem to have bounced on the news of a Covid-19 vaccine. The UK has now approved the Pfizer coronavirus vaccine and a mass vaccination rollout is expected. That raises hopes of the world getting back to normal and the company opening its venues fully.
Any further news relating to the coronavirus vaccine is likely to be positive for Cineworld shares and I expect the share price to rise in the short term.
#2 – Debt pile
Even before the pandemic, investors were concerned over Cineworld’s debt pile. Last month the company secured a debt lifeline worth $750m. Its lenders agreed to waive its debt covenants until June 2022, in addition to it securing $450m in new loans. This means that, at present, the company has a total gross debt financing of $4.9bn.
While this new finance provides it with additional liquidity during a turbulent period, it still adds to its debt woes. At some point, the cinema operator will have to pay this money back and as a result, I do not expect Cineworld to recover any time soon.
#3 – Heavily shorted
Looking at shorttracker.co.uk, eight investment houses have shorted Cineworld shares. This means that those investors are betting on the share price falling.
The total short interest is 8.8%, which makes it the third most shorted stock in the UK. This large short position indicates that there are several investors who are not confident about Cineworld’s future.
#4 – Changing habits
Many consumers now watch films and shows through subscription services such as Netflix and Disney. Such services were a winner during Covid-19 and I am concerned that the pandemic will encourage studios to release more movies on these direct-to-consumer platforms, thus cutting out the cinema operator.
Some big movies have been delayed. The latest James Bond, No Time To Die, has been put back to April 2021, for instance. There were even reports of this film being released directly via streaming services, with Apple TV and Netflix in the mix. While watching movies at the cinema doubles up as a social activity, the pandemic may have caused a long-term behaviour shift. Perhaps it is a sign of things to come.
#5 – Director deals
Other than former Chairman Anthony Bloom purchasing £230k worth of Cineworld shares at 28p in March, there have not been many director deals. With the share price so low, I would have expected senior management to be snapping up the shares, especially as they’ve recently been rising.
The lack of director deals does not fill me with confidence, as it indicates to investors that management does not believe the company is undervalued.
Cineworld shares: would I buy?
I expect Cineworld shares to rise in the short term on hopes of the world returning to pre-coronavirus normality. But I am not convinced. Once some kind of n
Rolls-Royce says it is will give its Hucknall facility and transfer all staff over to its ITP Aero business, which it will then look to sell, in a move which could “unlock new growth and investment opportunities” for the site.
The decision is part of the Derby manufacturer’s ongoing detailed review of its civil aerospace facility footprint, and will mean aero-engine structures will no longer be built at it Barnoldswick plant in the north-west.
Rolls said that it the move means the Barnoldswick site will remain open, but that it understands the news will be “hugely upsetting” for staff there, who will now face redundancy. It is making the decision, it said, because of a “significant reduction” in global demand for its products and services from commercial aviation customers, which is forecast to last several years
A statement from Rolls said: “Hucknall, which manufactures a range of aero-engine parts, will bring ITP Aero new capabilities and become a critical part of the enlarged business, helping to secure the future of the site. As part of ITP Aero, the Hucknall site will, in future, have the potential to unlock new growth and investment opportunities.
Chris Cholerton, president – civil aerospace, said: “Since the beginning of the pandemic we have taken swift action to protect our business by both reducing our spending and costs, and by raising additional funds.
https://www.thisismoney.co.uk/money/markets/article-9006307/MARKET-REPORT-Hyve-Group-buzzing-says-2021-better.html
Hyve is working on the assumption that events in China, Russia, Ukraine and Turkey will be able to go ahead in 2021 - albeit smaller and with fewer international travellers - and to slowly restart in the West as vaccinations are rolled out.
Rolls-Royce’s focus on bigger planes threatens to dent earnings for years to come with demand for inter-continental travel set to remain sluggish even after a Covid-19 vaccine is rolled out, according to the International Air Transport Association.
TUI agrees new €1.8bn rescue package including big rights issue.
Notice it says RESCUE PAGKAGE! Are TUI running out of cash again?
Kitco news Gold price to fall to $1,000 before strongest boom in history – Harry Dent (Pt. 2/2) NovToday 13:10
https://www.kitco.com/news/video/show/Market-Analysis/3109/2020-11-26/Gold-price-to-fall-to-$1000-before-strongest-boom-in-history--Harry-Dent-Pt-22#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DMarket-Analysis
Gold price to fall to $1,000 before strongest boom in history – Harry Dent (Pt. 2/2)
Nov 26, 2020
Guest(s): Harry Dent Founder, Hs Dent
From 2022 on, I’d be buying gold hand hand in fist, it’s going to hold up better than most commodities,” said Harry Dent, founder of HS Dent, who is calling for gold to see its final rally to $2,200 an ounce next year before falling to multi-year lows until 2022.
"I’m expecting gold to go up…when this crisis starts to build next year, it’s going to see more stimulus, it’s going to go up at first. I have a target of $2,200,” Dent said. “$2,200 is the strong resistance in the coming months and then crash back down to its 2015 lows, around $1,000
https://www.kitco.com/news/video/show/Market-Analysis/3109/2020-11-26/Gold-price-to-fall-to-$1000-before-strongest-boom-in-history--Harry-Dent-Pt-22#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DMarket-Analysis
Gold price to fall to $1,000 before strongest boom in history – Harry Dent (Pt. 2/2)
Nov 26, 2020
Guest(s): Harry Dent Founder, Hs Dent
From 2022 on, I’d be buying gold hand hand in fist, it’s going to hold up better than most commodities,” said Harry Dent, founder of HS Dent, who is calling for gold to see its final rally to $2,200 an ounce next year before falling to multi-year lows until 2022.
"I’m expecting gold to go up…when this crisis starts to build next year, it’s going to see more stimulus, it’s going to go up at first. I have a target of $2,200,” Dent said. “$2,200 is the strong resistance in the coming months and then crash back down to its 2015 lows, around $1,000
Will there be more profit taking today?
In addition the NHS are now recruiting administration staff for mass vaccine role out .
Also there will be more news on the vaccine front hopefully + regards roll out!
Very true.
It looks like this morning your share price is going up. So you've no need to worry!
How does Millennium International Management LP Increased their HYVE short to 0.97% as at 27th November affect Hyves share price??