Cinema chains are a gamble but have huge potential to turn things around after the pandemic. GF has been furloughed and she's really looking forward to a time when we can head out for a drink/dinner/cinema etc. What we really need to see is some huge blockbusters from Hollywood to actually get bums on seats. If they churn out really boring average movies when the pandemic ends. The Cinemas will hurt even more.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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Cinema chains are a gamble but have huge potential to turn things around after the pandemic. GF has been furloughed and she's really looking forward to a time when we can head out for a drink/dinner/cinema etc. What we really need to see is some huge blockbusters from Hollywood to actually get bums on seats. If they churn out really boring average movies when the pandemic ends. The Cinemas will hurt even more.
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Agreed. People say that the hedge funds were (still are?) greedy, but that's the same story for retail investors too.
Caporegime
Here we go...
I agree there will be a big boom in some sectors when the lockdown is over. Those that still have a job will want to go out, party, let their hair down. The problem with cinemas is that they need films to come through the pipeline and I assume that a lot of films are on hold right now. People have also got used to watching films at home on streaming services. So I think cinemas might be a longer play and take a while to bounce back. But they might get creative and create more of a party atmosphere while showing older blockbusters again. For the right price it would be worth a risk.
Tenet for example, glad I was able to watch this at home on a 65 inch 4k Sony TV. UHD copy with subtitles on, so I could understand what the hell the actors were saying. Typical Nolan though. Those that saw it in the Cinema struggled with the dialogue due to the sound mixing. No fault of the Cinemas.
Going in on cine.
Written here as evidence to chat about later if it was inspired or disaster.
Reason.
I think with the UK vaccine rollout things might open up internally before in Europe (ie airlines will lag)
But as soon as there's whispers of it it'll jump. Even if its short lived.
Written here as evidence to chat about later if it was inspired or disaster.
Reason.
I think with the UK vaccine rollout things might open up internally before in Europe (ie airlines will lag)
But as soon as there's whispers of it it'll jump. Even if its short lived.
Soldato
Going in on cine.
Written here as evidence to chat about later if it was inspired or disaster.
Reason.
I think with the UK vaccine rollout things might open up internally before in Europe (ie airlines will lag)
But as soon as there's whispers of it it'll jump. Even if its short lived.
I had similar plans with Hyve, i figured people would be starting events again and they'd jump. I brilliantly had the idea in October as things were looking like returning to normal. I'm down 20%
I had similar plans with Hyve, i figured people would be starting events again and they'd jump. I brilliantly had the idea in October as things were looking like returning to normal. I'm down 20%
I kind of figure at this point if things last another year ill have bigger issues. Like job loss, house price crash, economic chaos. And it won't matter as I'll have nothing left anyway!
Soldato
I kind of figure at this point if things last another year ill have bigger issues. Like job loss, house price crash, economic chaos. And it won't matter as I'll have nothing left anyway!
True, i'm forcing myself to hold around 30% of my ISA as cash at the moment in the event of a crash. I keep seeing things which tempt me and then give myself a slap.
Soldato
- Joined
- 14 Mar 2011
- Posts
- 5,423
I had similar plans with Hyve, i figured people would be starting events again and they'd jump. I brilliantly had the idea in October as things were looking like returning to normal. I'm down 20%
HYVE is still a reasonable hold I think
It's hard to hold cash.
It's stupid not to. But opportunities like covid (as horrible as it is) are rare
Soldato
I wish I had done this. I haven't got any cash free in my ISA now to invest in the dips, which would be great right now for BP and RR, and last week for EZJ and IAG. I imagine it's going to be too late come April when the ISA limit resets. Lesson learned!
I got in at that 25p price albeit only with a £1000 investments. I cashed out at 60p a few weeks ago. I think there is some short term growth when the economies open up again but there are too many challenging fundamentals for it to be a long term hold for me. The debt in the company is substantial and with consumer habits so influenced by streaming now I think cinemas will really have to up their game to remain relevant. I think it can be done but will require more capital investment and ultimately a better customer experience. The big opportunity is if the studios decide that they don't want to supply some of their profit to the likes of Netflix and view some kind of vertical integration as desirable. Or if there are partnerships to leverage with say food and beveridge. The model has worked ok with relatively low capacity utilisation up until now but I think the market might become more price sensitive than it was before therefore limiting the ability to grow margins.
Soldato
"time in the market" etc...
Soldato
I got into CINE a bit late tbh, my average is 63p
Soldato
- Joined
- 25 Nov 2005
- Posts
- 12,465
https://news.gamestop.com/news-rele...ls/gamestop-appoints-chief-technology-officer
Looks like they're making a very sensible push towards e-commerce and all things internet related especially with this hiring
Looks like they're making a very sensible push towards e-commerce and all things internet related especially with this hiring
Soldato
In normal times, this sort of news probably would have pushed their share price from $15 to $17. As their current share price is $90 and likely continue it's trend downwards today, as people realise they aren't heading for the moon afterall, it means very little for the share price. Still, it's good for the company though.
It will certainly bobble up and down with mini bounces. But overall, unless it really does turn into a weird stock that is a 'wealth store' it will over months correct to where it should be.
It will take a long while though. I expect it will be inflated for ages. And be a day traders dream.