Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Cineworld Group (CINEl)

BATS Europe
Currency in GBP
Disclaimer
0.37
0.00(0.00%)
Delayed Data

CINEl Price Commentary

0.39 shocker
what happened Amy update from court?
Will this restructuring plan make any difference ??
0.53 ?? how is this still surviving?
Are people still looking to ride this out and see what happens?
Curious if we see a final big squeeze easily possible :)
whats cause the rise today. Trying to get us out or something happening. 1.28 now.
Might have something to do with a group of retail investors putting their name to a Discord Petition which is currnetly being compiled and will be served to the judge looking after the Chapter 11. If you go on Youtube and look up CINE Shareholder Petition you should find a series of short videos and the link to add you own details including number of shares to the spreadsheet. The fightback has started.
is it worth put our name to this petition? what would be the benefit of this?
will we lose our shares when the court approves the control given to lenders?
My understanding is that in the US stocks can be delisted via a court decision however these are UK stocks over which the US have no durestriction and as such a UK Court would need to approve any such move. I plan to hold on to the few shares I have and 'ride it out'. I am not aware of any previous similar case which could be used as a comparison.
Jurisdiction that should read.
I have no other option but to hold and ride it out 😅
Getting interesting lets see those shorts close :)
Interesting times and the share price can easily fly up multiple points to consider! The judge may not approve the terms set forth with the bankrupcy perhaps some sort of solution for current shareholders, the us where the majority debt is in place has also shrunk over 1 billion since the usd started to weaken this could bring new solutions to the table, europe and israel are not under chapter 11 its about 13 percent if the business and they decided not to sell it. All in all each step is risky but dont forget insane short load in this stock they have to close them otherwise they can be wiped out too if that happens we could be up for a massive squeeze and huge jumps in the share price lets see
Why is the share price going up again even though we are being told that shareholders are going to be wiped out ???
How can the company CEO make decisions without consulting shareholders??? This is criminial and people should not allow them to reduce equity value to Zero by unilaterally signing away things to creditors at our cost!
are they any chance for hike on share price in near term?
Even yesterday some made 50-100 percent during day trading there is i am counting on the israel and eu business to be sold off if tge judge declines the plans the share price will fly anything can happen of course risky
The only gainers will be the syndicate of lenders. Debt for equity and at this level and they are rubbing their hands together. Pity we do not have the balls or funding to keep buying. “New Holland Capital”, by far the largest shorter of this stock have massed a fortune.
Not cheap will lose 100% when suspended. Avoid
Still holding 25k of shares…
Why I feel this is fake
I have written off my investment today in Cineworld.. big loss to my investment capital 😔
Tragic for shareholders
Why are people still throwing good money after bad on this junk
Some shareholders have written a letter to the judge in Cp11 with the hope the judge will look into the matter. Unlikely, but worth a try. Creditors are taking over the company at the best possible time for them, with a low valuation of the business and expecting a fantastic recovery of the industry in the years to come. If this restructuring plan is approved, not even share offering in the new company will be offered to current shareholders. They will probably IPO the new restructured company in the future for much more money.
Upsetting to see lenders can continue to wipe out retail time and time again. Maybe they should manage their risk better. They definitely shouldnt be able to do whats happening here. It should be essential for them to leave a token % to legacy shareholders. Jokers
This is unlikely to recover, everyone who had a position boosted it for a while and dumped it for others to catch the falling daggers to catch.
Have a good feeling about some news coming out soon either concrete bids for parts or even an amazon magic would really be cheaper and make much more sense for them then amc lets see
They will be back and then boom 👍
Will it?
Vue International to merge with Cineworld, its stricken London-listed rival, has stalled 😔
Good
why it is good?
i cant think of one person who can honestly say a sale would be better for shareholders right now. They have so far been lowball offers that would leave us with nothing.
...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.