Cineworld Share Discussion Threads

[whites123] 19/11/2020 15:13

I appreciate I have cut and paste selected portion of Peel Hunt.

In exactly the same way as those negative here try to sway and SCARE and put FEAR into their posts by selectively cutting and pasting (BOIX, what you selectively cut and paste yesterday was tantamount to fraudulent)..

The truth is that CINE carries risk.. many options... Taken Private (This is often the shorters first line of scaremongering.... Equity raise... Often the shorters second line of scaremongering.... Liquidation and fire sale... often third line of scaremongering... "BIDS COMING..... Heck no, the shorters hate that because that will very likely mean a premium to share price and with shorts and an artificially depressed share price that would mean the share price rocketing... This is why they detest articles such as Peel Hunts which says BID(S) are likely...

[whites123] 19/11/2020 15:08

BID'(S) COMING ????

Coronavirus vaccine likely to accelerate demand for UK M&A, with pandemic losers such as Cineworld and Revolution Bars among possible targets
Analysts at Peel Hunt said UK equities have underperformed due to "a number of country-specific issues during 2020", which in turn has accelerated M&A activity

Cineworld Group PLC - Coronavirus vaccine likely to accelerate demand for UK companies, with pandemic losers such as Cineworld and Revolution Bars among likely targets
Progression of a coronavirus vaccine is likely to “only strengthen” interest from potential buyers for UK companies following the countries underperformance among global equities, according to analysts at Peel Hunt.

In a note last Friday, the broker said bid activity in the UK is already accelerating, with 14 announced bids and possible bids for listed firms with a total equity value of over £20bn since August.

“UK equities have suffered from a number of country-specific issues during 2020 (in addition to the persistent uncertainty about post-Brexit arrangements), which have added to the impact of Covid-19 and led to underperformance vs other markets”, the broker said.

Among the firms that the broker deemed as in line for potential bids include those in sectors that have been hit hardest by the pandemic and its subsequent lockdown measures driving away customers.

One such firm is Cineworld Group PLC (LON:CINE)

[srpactive] 19/11/2020 15:08

w123

I agree, the dm reprint of the article was stating data
regarding shorts was from the 13 November, premeditated
alright.

[whites123] 19/11/2020 15:04

After an predetermined drop this morning I was bold enough to say I wouldn't be surprised to see us finish flat or even up today.

Reason for saying that was because it was clearly premeditated and organised via sloppy journalism and to put the brakes on what otherwise would have and should have been a great day..
Peel Hunt stating that BID'S were very likely to be forthcoming, and the share price being severely distressed and man will know this means share price can only be going one way..
With a potential short squeeze due as well the awful awful print did exactly what it was designed to do..
Shake those who are nervous... The trade volumes suggest there was an amount of short closing going on, but even so, just a fraction of a %...

I would not be surprised to see us finish blue today now... Will the gutter press use tonight to try and bang another nail or will truth be allowed to flourish and we see nothing announced..

When the gutter press have nothing to report factual then bring out the "Sources tell us"...

[boix] 19/11/2020 15:03

White123

Have you read the full Peel Hunt article?
It suggests Cine could go private in a debt for equity swap.
Please explain how to me how that can be a good thing for existing shareholders?
I need to understand your logic.

Peel Hunt "Cineworld need additional liquidity to see it through to the return of major film releases despite a jump in the shares following recent vaccine news and that a refinancing transaction may result in the group being taken private through a debt for equity swap”.

Thank you

[whites123] 19/11/2020 14:56

Sloppy journalism.
Massive shorts.
An onslaught of "Know it all free bb posters.

Facts:

Company states enough access to funds to last until end of 2021.
Government and sector support running to £ Billions.
New films lined up.
An economy dying to have the shackles removed.
Vaccines proven to work.
Population flush with money.

When this pops it will POP..

In the meantime, free internet forums such as this are awash with "We know more than RNS's state, and We know everyone is lying" posters predicting the demise of CINE actually claim to have "Bailed out their shorts for quick profit"..

That in itself smell of total and utter BS...Ahem, listen up everybody... The CEO is lying, the company is actually in a worst state than it has declared, the company is going to be taken private, the company faces liquidation, the company is doomed.. Listen to me because from my bedroom I know a lot more that the CEO, The CFO and BOD... O yes, but I dont have that much confidence to take my own advice...

CINE will prosper... We all know that... Chinese would love to swallow the company up as a going concern...

Peel were right when they said "Bids will be forthcoming" and expect a meteoric rise when it does..
Of course there is risk, everything carries risk, crossing a road carries risk, but DYOR and very quickly you will establish that the risk appears to be very well worth taking...

A short squeeze of epic proportions could be on the cards here..

[williamcooper104] 19/11/2020 13:40

Lease obligations are potential value source - as in landlords are truly screwed and there's no alternative operator with a solid balance sheet But to do CVA/US equivalent you really need quite a bit of capital/don't see how that value is unlocked without some form of IP

[williamcooper104] 19/11/2020 13:37

No mistake - well done on the profit IMO given all the tailwinds this doesn't get back to pre-covid share price so while you could see spikes higher the sustainable share price - if balance sheet is miraculously fixed without extra capital - is c2x from where we are now - but there's obviously a huge risk on that - and I'd want to see 4-6x to justify the risk You are not looking for a hole in one on a trade like cine - that only comes from pure luck - near 2x in a few days is a great result

[level 4] 19/11/2020 13:35

I'm sitting and waiting for my 6p buy order to be hit

[boix] 19/11/2020 13:33

Currently not long or short Cine.
Rest of portfolio all long.
Will short again it rises significantly but I doubt that will happen?

[activeservo] 19/11/2020 13:29

The shorters just don't want to believe it.

[boix] 19/11/2020 13:29

Yes sold most assets to raise cash prior the pandemic for expansion and dividends.
Not a very prudent company.
Now few assets, loads of lease liabilities and loads of debt.
But that's now history.

[ozzmosiz] 19/11/2020 13:23

They will have a product again in December.

[still waiting] 19/11/2020 13:10

Is this company not just a load of lease obligations now ?

No product to sell and no customers to buy..

Current m cap ?

good luck.

[srpactive] 19/11/2020 13:04

T

Now listen, that was not a mistake, it was the city
naughty games that us PI's are not privy too.
You did very well and should be proud of yourself, very well done
with your profit.

dyor


high risk

[tygarreg] 19/11/2020 13:01

Mind you it keeps climbing back up. It wont be my first mistake if it ends up positive!

[tygarreg] 19/11/2020 12:59

I got nervous and sold out first thing. I bought at 27 and sold at 48. I wanted to protect that gain. Put my profit into BPC for an oil adventure. Sitting on sidelines with my original stake now observing and waiting.

[srpactive] 19/11/2020 12:24

b

Apart from the ceo stating we do not need cash and ok until end 2021,
I believe.

Who knows the truth.

dyor high risk

[boix] 19/11/2020 11:57

The Peel Hunt article suggested going private in a debt for equity swap.
Not necessarily a bid for shares.
In fact they suggested not buying the shares.
Certainly that's the way I read it.
Today's FT article was very different just suggesting they were trying to raise money and reduce out goings to survive until the spring - nothing really new.
But do your own research.

[kirk 6] 19/11/2020 11:51

Why is the price so high ?

[boix] 19/11/2020 11:51

Someone whats it kept between 41-46p today.
Level 2 sell side now being loaded - buy side loaded earlier.
In the opening auction someone bid for over a million shares to keep it up only to let it sink within 15 mins.
Rights Issue coming??

[srpactive] 19/11/2020 11:49

Research tree have us at 7.87% short, hopefully less by close.

We shall see.

dyor high risk

[boix] 19/11/2020 11:49

I use spread betting for shorts.
It's frozen if it goes into administration until the day it comes out.

[williamcooper104] 19/11/2020 11:47

I wanted to buy puts to get a long CNK short CINE position but struggling to get puts at reasonable prices (which makes sense given vol) and don't understand what happens to the option if the shares are suspended - eg can you then exercise or do you get timed out by what could be a long administration