As recently as the end of September, Cineworld shares had bounced back to 82p. Back below 70p at the time of writing, does the recent tumble mean shares in the cinema group are a buy for me? Reasons to buy Cineworld shares One of the reasons Cineworld shares could be a buy is that the James Bond film, No Time to Die, has dramatically boosted cinema attendance.
I’ve always held a fairly bearish stance on Cineworld (LSE: CINE) shares. Indeed, the company’s huge debt pile, alongside the devastating impact of the pandemic, has made the company too much of a risk for me. The past month has been far more promising for the cinema operator though, with its share price rising 14%.
The name’s Bond, James Bond. Licensed to thrill Cineworld (LSE: CINE) shareholders. Mission: prove that for the Cineworld share price, now is no time to die. It might not be the stuff of Fleming, but just as 007 received a shot in the arm while discussing share prices in Casino Royale, could he now be a shot in the arm for the Cineworld share price?
The Cineworld (LSE: CINE) share price has been through choppy waters in recent times. After a steady rebound from the pandemic depths of 2020, its shares stood at 122p in March 2021. But another Covid outbreak caused the Cineworld share price to tumble again to the 60p level in July.
The Cineworld (LSE: CINE) share price has been on fire recently. At the time of writing, the shares have risen over 23% in the last five trading days, reaching beyond 80p. This marks a huge monthly run after several months of disappointing performance.
Back in mid-August, I offered three reasons why the Cineworld share price could rally in September. Since then, the value of the battered cinema operator has climbed almost 30%, including a 12% rise today. I think there could be more to come. The Bond effect
It seems that Cineworld (LSE: CINE) is finally breaking out of the rut it has been in over the past two months. As I write this Friday afternoon, the FTSE 250 cinema chain is trading above 70p. This is the first time it has broken to this level since July.
The break will be fully paid for the 400 workers The Eden Project has announced that it is to close for a week to give its staff a break. The attraction will shut its doors so it to visitors so its 400 staff and 120 volunteers can "rest and recuperate".
The Cineworld Group (LSE: CINE) share price has continued to trade in a sideways motion in recent weeks. Sure, news on cinema admissions in the US and UK has been impressive since theatres opened en masse in the spring. But rising Covid-19 infection rates in these territories — and growing fears of fresh lockdowns as a result — have stopped the CINE share price from advancing.
The Wall Street bank, which has typically lagged US rivals in DCM, will continue to grow its debt advisory business, the exec says Morgan Stanley is set to grow its debt capital markets and leveraged finance business as revenues in the sector have remained high throughout 2021, says chief operating officer Jonathan Pruzan.
At the start of 2019, things were going well for Cineworld (LSE: CINE). The firm had just acquired Regal Entertainment Group and was looking to make further acquisitions in the aim to become the largest cinema operator in the world. The Cineworld share price was also thriving, sitting at a price of around 300p.
Since peaking in mid-March at 122p, Cineworld (LSE: CINE) shares have lost 50% of their value. It was expected that the Cineworld share price would boom as lockdowns eased, however, this doesn’t seem to have been been the case. There are a few reasons why this dip could be a good buying opportunity for my portfolio, but there are still long-term risks ahead of the UK multiplex cinema chain.
Will the release of the long-anticipated James Bond blockbuster No Time to Die and Spiderman’s No Way Home be enough to bring movie fans back into the cinemas this Autumn, or is now a good time to sell shares in Cineworld (LSE: CINE)? Cineworld has been repeatedly touted as one of the must-have global stocks to have in an investing portfolio post-Covid.
They cover the whole length of the county so there's somewhere for everyone With everyone able to enjoy eating and drinking out again it feels only right to compile a definitive list of the Cornish pubs you should visit. From bustling town centre boozers to beautiful country or seaside inns, Cornwall has many places perfect for a drink or two - and the top 10 even includes three breweries.
Since the middle of July, the Cineworld (LSE: CINE) share price has been treading water. It has traded in a range between 67p and 61p for much of the past two months as buyers and sellers have been fighting for control. Despite this recent tug of war, over the past 12 months, shares in the company have added 15%.
Like anything in life for things too flourish, they need maintenance from time to time. The spine of our team has been neglected. Gone are the days of quality in Goal, CB,DCM and Striker at the same time. The most important chain in our set up is the spine and it’s broke.
Despite reviving over August, the Cineworld (LSE: CINE) share price is still roughly 50% below where it stood five months ago. That’s despite cinemas having been open for some time and, more recently, all Covid-19 restrictions being lifted. Today, I’ll highlight three reasons why next month might be a good one for the stock and its long-suffering owners.
Cineworld (LSE: CINE) released its half-year results day before yesterday, but investors were underwhelmed. In early trading on Friday, the Cineworld share price was down by around 5% from a week ago. Considering that the numbers still look weak, I can see where investor diffidence comes from.
In an unexpected announcement, one of the largest cinema businesses in the world have stated they will begin accepting Bitcoin payments by the end of this year. Here’s why AMC Theatres might have made this decision to fully embrace the world’s largest cryptocurrency. What do we know about AMC?
A study published in Scientific Reports has found a significant link between canine consumption of peas and the development of canine dilated cardiomyopathy (DCM). What is DCM? DCM is a lethal condition that is most prevalent in breeds such as Doberman Pinscher, the Great Dane, the Golden Retriever, the Boxer and the Cocker Spaniel.