Cineworld Share Discussion Threads

[jubberjim] 26/6/2023 07:32

I find it mildly entertaining and a little bit sad that so many people still harbour a hope that they will see something from their investment.

Just what the financial regulators and corporate governance bodies have been doing that has allowed this saga to drag on for so long

Dim the lights pull the stage curtains and put this sorry company and its investors out of their misery.

Take care

[monte1] 25/6/2023 20:13

they walk amongst us

[tron343] 25/6/2023 20:09

Jacknife seems to be a paid opps from Mooky's camp. Mooky's little cheerleader. Spreading doom and gloom. One of the good things that will come after this is all done and dusted, is that we will not have to read another overly aggressive post from this mental midget, who rode the short bus as a child :-)

[loglorry1] 24/6/2023 22:12

Wheretheresawill you have watched too many movies.

[werethereisawill] 24/6/2023 20:45

JakNife
If share holders deserve nothing why some of the biggest shareholders are getting a golden handshake?

[jonnywalker77] 24/6/2023 10:59

Bagholders trying to get a ten bagger with a 5p settlement to offset their bruising losses as they chased the falling knife from 100p to 0.5p. Unfortunately for them this is going to zero and they’re throwing good money after bad. Meanwhile Mooky and co walk away with 35 bars. Cut your losses folks - plenty of other opportunities out there to rebuild.

[drob1] 23/6/2023 08:57

Gamblers are buying hoping for a miracle rise

[werethereisawill] 22/6/2023 17:59

0.81 today what is going on

[werethereisawill] 21/6/2023 20:54

The share holder employees deserve the same treatment as the share holder bosses !

[applied1] 21/6/2023 20:39

Jackie,then why are people buying all day f---'xx long ,I really don't get it ?

[jaknife] 21/6/2023 19:26

tron343,

I wouldn't think that you would want me to write anything?

1. I've seen that Interpath have apparently been appointed but:

A. There's nothing in the brochure to state that Interpath's adviser is "Daubert-qualified", which was a specific requirement of the court.

B. Interpath don't appear to have done a valuation or indicated their likely valuation range?

C. It's still unclear who is going to pay the apparent $150k fee that the valuation adviser was going to charge?

Regardless, in the last hour or so the motion has been denied:




"This seems to be our last shot and only hope to get shareholders a payment of some sort. It is clear the creditors want the new co private, so they might be strong armed to pay off shareholders. I hope this works."

I still don't think that you appreciate how objectionable your request is? Your company is insolvent, it only continues to survive because the banks have agreed to (a) write off c. $4.5bn of their debt, AND (b) are then pumping $2.2bn of capital into the NewCo. The idea that shareholders "deserve" something in such circumstances is beyond absurd. Shareholders deserve precisely nothing and if I had my way the banks would be coming after each and every one of you for the £2.60 per share that is owed to them!

The banks have written off the equivalent of £2.60 per share and you're whinging about getting another 1p or 5p extra!?!? It's obscene.

JakNife

[tron343] 21/6/2023 19:11

This seems to be our last shot and only hope to get shareholders a payment of some sort. It is clear the creditors want the new co private, so they might be strong armed to pay off shareholders. I hope this works.

Jacknife..... your awfully quiet. You had a lot of doom and gloom to say the other day!

[pwhite73] 21/6/2023 17:35

livup967 - The shareholder group has met the judge's requirement to supply an independent valuation from a qualified professional asset valuation team in Interpath Limited as per attachment 2 in docket 1899. Interpath have presented valuations to the UK High Court. A request for a Shareholder Committee has been filed with the Texas court and the decision whether or not to allow one now rests with the judge.

If he does allow one Cineworld and the creditors will move quickly to come to an agreement. I also suspect Mookey and Israel are behind the shareholder committee supplying it with vital information and funding for legal representation in the Texas court.

[tron343] 21/6/2023 12:39

If the committee is allowed, it will be used as a tool to leverage some type of payout to the current shareholders.

Think of it as a payment to make them quiet and go away. Much like they did to Mookie and BOD with the 35 million payout.

[livup967] 21/6/2023 09:44

does that now mean suspension may not now happen, if the committee is
given the all clear by the judge ?

[livup967] 21/6/2023 09:38

we seems to have met the judge reconsideration demand for an equity committee in record time with a world wide renown valuation expert the latest from KROLL
yesterday.


if JAK & PW can comment i would be greatfull

[dil 21] 20/6/2023 23:46

PWhite now offering his expertise on VRS thread if anyone is interested.

Invaluable as always but he’s totally deluded imo.

[anthony mckay] 20/6/2023 17:13

Please excuse my lack of knowledge on this, but given the shares are going to be wiped out by the administration, why is anyone buying any of these shares at all? Presumably anyone caught holding them when the admin process happens is left with shares worth precisely zero. So why does anyone buy at the moment?

[bbmsionlypostafter mk2] 20/6/2023 15:15

You go lmul! That'll show those greedy shorters who's the boss!

[lmulhare] 20/6/2023 14:51

It's wonderful that I can bet against some of the short-sellers who post here. Their cruel mockery of shareholders, extreme greed in holding on for zero instead of covering when CINE is very oversold & their desire to short a stock that declined from 744p to 0.5p assures me that they will drive up CINE as they buy back at a loss to them.

Thanks by the way. :)

[loglorry1] 20/6/2023 14:04

It's a big yawn if you ask me. I'll short more at 1.5p.