Cineworld Share Discussion Threads

[srpactive] 14/11/2020 21:01

Looks like shorts down again, Blackrock reduced their short further,
down a further 0.28% to 0.31% and below the 0.5% that is listed.
This was data from the 12th, lets hope they close completely.

dyor a must.

active

I appreciate with ever comment I make here it is voted down indicating
I am not welcome.

I will not comment here further as the shorts control, I am still holding
which I accept is high risk, be careful every long investor.

active

[williamcooper104] 13/11/2020 17:24

Obvious mistakes - what like Cine couldn't file for C11 - or that IFRS had anything to do with where they could file??? I've a huge interest in the sector - from a professional and personal perspective - plus I bought Cine out of the last recession - and guess what they then had a robust balance sheet then - minimal insolvency risk - I did 8x total return before selling - I was in and out for a few years and gave up on the return of capital

[srpactive] 13/11/2020 15:49

They increased the day before announcement,
black rock reduced their short on the 9th and
ahl reduced their short on the 10th, I would hope
they have continued to reduce today, we shall see.

dyor

When I see the masters of the market Black Rock move, I
for one take notice.

I think the chartists will love this reversal today.

dyor

[whites123] 13/11/2020 15:39

I saw they had increased.

Either very very bad timing or post Vaccine news to put a halt on the rise.

Either way a glimpse has been shown of what happens when there is a little bit of positivity.

Furlough will have saved many jobs and saved many businesses.

Governments have shown they intend to support this area of our economy not just during the pandemic but also as restrictions are lifted.

Great news hitting regards Vaccines from multiple areas now so getting ready to see special things here.

[srpactive] 13/11/2020 15:27

He probably works for Marshall Wace as they increased their short on the 9th
November.

dyor

[whites123] 13/11/2020 15:23

And don’t pretend that there isn’t an insolvency/distressed rights issue risk

anyone investing needs to be fully aware that they are risking all/90 percent of their money...


I believe that what people need to be aware of are FACTS, and not individual supposition, especially when the author makes so many glaringly obvious mistaks.

Anyone devoting time to the extent many here do have a vested interest... Absolute.

Fear is so easy to spread. Look at the two lines above.. Sow that seed and watch.
This is why Shorting has become so popular. This is why CINE are the largest shorted stock on the market. Not because of real time fears over its ability to remain solvent, but because money knows that with fear and an increasing diminishing share price that it will snowball.

Instead a bit of positivity.

Vaccines now being released.
Governments determined to get people back out spending.
A MASSIVE catalogue of films to be shown.

It all adds up to a potential perfect storm.
Remember Porsche / VW short squeeze..

It is 100% feasible we could see the same..
It is absolutely 100% without a doubt possible we could see the share price here motor northwards of many hundreds of percent.
I do not believe the shorts were expecting a vaccine.
They certainly do not want to see governments supporting the cinema industry.

PERFECT STORM... What a brilliant film title and wonderful if that occurs here.

Pay your money, take your choice.

Vaccine has certainly put the odds in favour of a multi bagger as opposed to seeing investment dwindle to 10% as you suggest..

[williamcooper104] 13/11/2020 15:08

As Napoleon said - give me lucky generals It could all turn out like that - but buy (IMO) something - eg CNK (5x ebitda v 9 plus at Cine) - with a better balance sheet where FRP haven't been appointed to advice creditors and where December covenants do not need to be waived And don't pretend that there isn't an insolvency/distressed rights issue risk anyone investing needs to be fully aware that they are risking all/90 percent of their money

[whites123] 13/11/2020 14:41

I am not surprised to see such negativity when people clearly have a bias to needing a stock to move in a direction.

Fear is so much easier to disseminate as opposed to euphoria.

Chuck in a couple of well tried and tested words, such as Administration and bust and leave the rest to it..

But for the facts that the people using these words have no idea what the heck they are on about..
Its shocking: We had a fraudster on PMO who uses a similar tactic... Always finishes with a sarcastic "Good Luck", implying luck is what will be needed.

The BOD have said they have more than enough cash to see them through to Dec 2021.

We are on the cusp of more big Bio/Pharma's announcing vaccines.
We already have the UK government talking about the strategy to administer the vaccine.
We have a government hell bent on ensuring people get out to get the economy moving.
We have a film backlog that in truth could probably ensure all cinemas were filled if they were stretched over 2 years.
We have the most shorted stock on the FTSE.

Earlier this week we saw what happened when a few shorts rushed to close out... 67p on the bounce..

WHEN... Not "IF" But "WHEN" the cinemas and other forms of social gatherings are given the all clear to re-open the stock will rise exponentially..

That is why these pessimists are working overtime here.

But low sell high...

Its very very low at present.

[srpactive] 13/11/2020 11:46

d

More film news, lets hope we can push on now after vaccine.

dyor a must.

=====================

Matthew Perry reveals that the highly anticipated Friends reunion special will film beginning of March 2021... after it was delayed due to the COVID-19 pandemic

By Sarah Sotoodeh For Dailymail.com

Published: 23:00, 12 November 2020 | Updated: 23:10, 12 November 2020

================================

Covid cases in America could be near zero in around 6 months, UBS economist says
Published Fri, Nov 13 20206:58 AM ESTUpdated 2 Min Ago
Silvia Amaro
@Silvia_Amaro

===================================

Coronavirus latest news: R-rate drops across the UK, say Sage scientists

[srpactive] 13/11/2020 09:05

dyor a must.

[deanmatlazin] 13/11/2020 08:50

Queues of fantastic movies week by week next year, Covid will be gone with vaccination...this will go back up again in no time

[williamcooper104] 13/11/2020 08:47

Hey - could well happen - but - buy CNK not CINE Same bounce - better balance sheet

[srpactive] 13/11/2020 08:44

d

Now your post will certainly get voted down, behave.

[deanmatlazin] 13/11/2020 08:41

COVID-19 Vaccine news from AstraZeneca on Monday will double CINE share price next week. Buy before good news next week

[srpactive] 13/11/2020 08:24

The ceo stated on bbc that they are not running out of
cash didn't he?

The shorters are certainly in charge of this board aren't they, could be
an indicator.

Another indicator is the voting of posts, anything not super short gets a
vote down.

dyor

[porsche1945] 13/11/2020 00:38

As much as it pains me to say to say it I now think the lenders will wipe out the shareholders here, with the slate being pulled this year into next spring I now just dont think a company with this much debt can survive as is. Major restructuring. What is it with U.K. companies and debt, unloaded at a not too terrible loss and whacked into S&P tracker, UK is toast.

[level 4] 13/11/2020 00:17

Getting closer to that 17p target

[williamcooper104] 12/11/2020 19:36

Mrzeroh IWG (new name for Regis plc) - U.K. "company"/FTSE listed/IFRS (not that matters - centre of main interest is the relevant concept) Filed in the US under chapter 11 (actually it's a chapter 22 company now as that the second time Mark D has done it) A cine insolvency could be admin in the U.K. followed by c11 in the states But there's multiple permutations

[williamcooper104] 12/11/2020 19:24

And It's a great trading stock It's just far from the easy/no-risk 100 percent certain investment that some rampers claim

[williamcooper104] 12/11/2020 19:22

w123 Cinemark bounced almost the same as Cine One is at huge risk of going into admin/distressed rights issue The other much less so (still a stretched balance sheet but it went into covid with a stronger capital structure and it's not j screwed anyone) (Correction over last month Cinemark is up more than Cine) EPR (REIT owning US cinema properties) is also not going to go bust in next 12 months

[phatomtraider] 12/11/2020 19:21

This share reminds me of the Russian Roulette scene in the Deer Hunter.

Rampers put the gun to their head and keep on pressing the trigger. As the price is rising they forget the bullet in the chamber, each day there's no "bang", and laugh.

Shorters refuse to buy in and put the gun against their head as they know there's a bullet in the chamber and so point it at the Rampers. Each day there's no bang, they look like silly. But one day, there'll be a bang.

Tomorrow is another day to pull the trigger.

[mrzeroh] 12/11/2020 19:14

Its a FTSE company and this is registered in the UK... The group accounts are made according to IFRS. This would not be subject to chapter 11 because it is not a US company... this is the basics.

'Unless you’ve got the group structure/inter-co debt structure, loan agreements and security structure to hand you don’t know where any insolvency process is likely to happen'

This just proved to me you have no idea what you are talking about. All of the above is not relevant to what jurisdiction this company falls under.