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Cineworld Group (CINE)

London
Currency in GBP
Disclaimer
0.38
0.00(0.00%)
Closed

CINE Comments

Buy and Hold for the Long TermIf your looking for quick trades and quick profit .. buy below 2.0Cineworld will use shares to cover debt while it recoups (the long term) hence the Chapter 11 in the US, it is a strategy to hold off the debt and keep the company running.https://www.cineworldplc.com/en/investorsDont let the media panic you too much.
so chapter 11 in US. But Cineworld will continue to trade in London?
When it was 1.8 ok but Now to buy?????
you know that it bounced back after 1.8, but when it was at 2, you didn't know that would stop at 1.8... Here is the deal: bankrupt: you lose, deal of any kind: you win. Thats gambling...
25000k added hope going back :)) lost already 2k few days ago
going to...?
... be patient
gambling initiated 🙄
Check the charts of 3 competitors (Cinemark, Cineplex, CGV) and see the very high positive correlation. Cineworld also had the same correlation until the end of 2021. What happened in only one year? If Cineworld catches the same correlation again, it must be 60+ which means more than 10x... I beileve that it will be one day.
and despite having a bullish position, i ll tell you that if they can pay the money a tribunal tell them to pay they are bust. I just find the market too excessive...
can't...
Anyone holding this stock? So what's gonna happen now?
I see more headlines today that Cineworld is going to file for chapter 11 in US. So is Cineworld going to still survive in UK?Are our shares going to 0?
Don't sell your stocks!1) As of know, bankruptcy news is only a rumour based on the info from people familiar with the matter (that's what exactly written on the news). No official announcement from Cineworld yet.2) Even if it is true, please note that the rumour is: Bankruptcy in the U.S. (for Regal) and insolvency proceeding in the U.K.That means, this is a probability: Cineworld may sell Regal and continue business in UK & other countries.3) Yes, they have high debt but this debt didn't occur during covid. Debt comes from the acquasition of Regal and Cineplex. They acquired giant companies and they have debt, that's normal.4) Stock price chart of Cineplex (Cineworld company in Canada) shows that they are fine.5) AMC (the competitior) is happy with the latest sales results. Probably Cineworld and Regal are also happy but they don't tell.6) EPR (the supplier) said Regal was current on all payments as of a Wednesday filing.7) HSBC owns %20 of Cineworld. Any company of HSBC will not have problem in paying his debts, I guess.Conclusion: All these seem to be an ugly way to collect the shares at the stock market at very low prices. So, don't sell your stocks.
Sorry for the mistakes and thanks for the correction.What's your opinion and expectation?
my opinion is you are holding a lot of stock and are ramping the shares in the hope you'll make a difference and it'll shoot up
I don't recommend anybody to hold a lot of stock in such a company. I just think that in the long term probability of 20+ is higher than the probability of zero. Do you think that after the bankruptcy of Regal (if happens), will Cineworld totally go to bankruptcy too? In only that case the shares will go to zero. In any other case, these prices are very cheap.
It is margin call and sell?
FT reports about hired lawyers to prepare bankruptcy
yeap, read from reuter and wsj. I believe this matter can be solve as cinema is one of the important entertainment for everyone
Bankrupt?
No, its fear of share dilution to raise capital. Cineworld made a statement where they said it is a possibility.
Ok, thanks for the info
Bulls just keep loading. no regret longer term
i am a buyer at 5 and it would still be gambling
Buy oversold massively
If it wont BK, It will be 100+
Buy and hold at these low prices and don't look at SP until 2023
how is that with market cap less than 400m and sue debt of over 1B
Does anybody know where is the first opened Cineworld? After finishing this rally I need to go there and buy all seats for private movie. 💸
Cashflow positive again and all its competitors are dead, a historical chance here.
Hop on at this point 28.5 is the best idea I've ever had.
what's the latest on CINE? what's the ticket sales, what's the debt situ? still heavily shorted?
Heading down to 50P!!
outch. nice price to buy back in, but god knows when the shorting will end lol
It ended just that day
it will fall slowly and slowly until next week and then we will have space jam, jungle cruise and freedom day. (jungle cruise is also the last film on Disney plus)
60P support is most crucial at this stage!
Heavily shortened.Trending down and heading towards 60 pence.
looks like it's being shorted to bits.
...
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