Cineworld Share Discussion Threads

[williamcooper104] 27/11/2020 16:04

They haven't restructured their balance sheet They got rescue funding at c17 percent - and they've got to get covenants waived again in June It's much better than was a few weeks ago - but it's a bridge to a proper refinancing/CVA - not out of woods yet - though you can at least see a path - even if still a rather dangerous one

[williamcooper104] 27/11/2020 16:01

Given that I held CINE for near a decade - I am not a mortly shorter

[crazi] 27/11/2020 10:48

Kick off a social media awareness campaign... one good article released and get it trending. Only way these days to get anything done...

Get it trending starting with the 45000 employees... that would work :-)

[srpactive] 27/11/2020 10:18

w104

I know have been investing in gold since $1000 pb in 2015
with hgm exposure from 30p, just sold for 300p.

It is Barrick by the way and no not US best in class either,
go to aus ggp and sve ( ggp holder ), not stupid US pe's again.

Why don't you and your motley shorting friends go short Barrick.

[williamcooper104] 27/11/2020 10:13

Sorry - meant negatively correlated to the dollar Every time I hear MMT (modern monetary theory - which is don't worry about gov spending just print money and then raise taxes to tame inflation) I want gold and BTC

[williamcooper104] 27/11/2020 10:07

Where would I be without commercial property :) The most wonderfully inefficient illiquid market

[crazi] 27/11/2020 09:47

I doubt we will see a shorting ban. Sunak should have done that back in Feb and definitely no later than the 1st lockdown. Massive oversight...

When they force a company to shut their doors - the least they could do is ban shorting their stock...

Maybe Sunaks family members are running a few shorts of their own...

[srpactive] 27/11/2020 09:38

The dollar will fall I feel gold up, that is why I have been
buying recovery and gold related. Buying heavily into the most
shorted stocks so when a shorting ban comes in ( hopefully soon ),
I should prosper.

dyor

[srpactive] 27/11/2020 09:36

w104

You keep away from property, thank you.

[crazi] 27/11/2020 09:17

Trump was good for tax cuts... I reckon Biden will drag the DOW down... not too much but some

[ckafetz] 27/11/2020 09:01

Although I don’t understand most of the conversation I like looking at the stats that you lot are talking about. So FTSE 100 from 30.11.99 - 27.11.20 has gone down 9.02%. For the exact same period DOW has gone up 159.83%. In a 21 year period that does seem strange for FTSE

[williamcooper104] 27/11/2020 08:58

He's trying to get the credit card off Boris :)

[williamcooper104] 27/11/2020 08:56

If you wanted to radically reform U.K. markets - end capital gains tax exemption in residential property and make investing into pensions/equities much more tax friendly - (of course - so not going to happen ;)

[williamcooper104] 27/11/2020 08:54

You've got much deeper and more sophisticated capital markets in the US You list a biotech there not because of shorting or lack of but because the invested in the States understand biotech whereas most European investors don't and never have understood it Likewise, but to a lesser extent for tech You've also got a massive retail base of investors in the US - much more than in Europe - remember stock prices are to Americans what house prices are to us - they all invest their 401k pensions on the markets - and it's a reasonably sophisticated retail investor base (even if more prone than institutions to chase PE higher)

[williamcooper104] 27/11/2020 08:51

The problem with that argument is that there's just as much if not more shorting in the US Its cheaper and easier to short large cap companies like a NKLO

[williamcooper104] 27/11/2020 00:33

Actually - look Ftse in dollar terms - thus removing the Brexit benefit of cheaper sterling and you should see a Ftse that's less than was c20 years ago

[srpactive] 26/11/2020 20:56

And motley even today are still writing negative after negative
articles.

[srpactive] 26/11/2020 20:13

A good strong afternoon close, hopefully a continuation
tomorrow morning.

[williamcooper104] 26/11/2020 19:41

And for once - no CINE share price movement of note - now that I did not expect :)