Thank you Pete! I’ll take this onboard.
I did some research on the stocks I already own and so far so good, the time spent researching was a worthwhile investment
I’m looking for long and short term. I already have a couple of EFTs
I need to calm down a bit too… I’m a little bit addicted
Class, thank you. So am I right in saying that essentially borrowed cash used effectively would boost the ROI and income per share, but increases the risk of default if used ineffectively or if cash flow drys up.
The only solution I see is a rights issue and dilution for its shareholders.
I guess the issue is that there is no guarantee that the market will buy its shares…
I had a small investment in Cineworld because I thought it was very oversold and it would bounce back to at least the £1.20 level. I knew it was a bad business with huge debt but I took the gamble I could make a quick return.
Lesson learnt(or more reinforced), don’t buy a bad business just because it’s cheap.
Luckily it won’t be a very expensive lesson for me. I feel bad for those who held this stock before COVID-19…
Am thinking of selling all or most of my Cineworld shares now that they are back in the green. I just think my money could be put to better use elsewhere and now this:
Only a matter of time before this is rolled out in the UK too and other film companies follow suit?
This might be naive but I’ll leave my share in Cineworld going for the long term. I know it’s a little risky what with Covid but I reckon come next year people will be visiting cinemas again.
I know companies will be offering streaming but there a certain social aspect people enjoyed about watching a film on a big screen so banking on that especially as vaccines are being rolled out.
On a side note is AMC worth investing in from what I read it might close down unless I read it wrong.
Nobody knows when we will exit lockdown yet. So promising a reopening in March is just wrong and inaccurate. I hope they do, but this sounds like grasping at straws.