The Cineworld share price is up 20% today! Would I buy now?

first_imgSimply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Manika Premsingh | Monday, 23rd November, 2020 | More on: CINE Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Even though I was bullish on Cineworld (LSE: CINE) when I wrote about it last week, I was concerned about its liquidity issues. The FTSE 250 multi-national cinema chain has been out of business this year, while its costs mount. Of course it was going to have a funding problem. Clearly, other investors thought so too. So when it issued a release earlier today titled “Significant additional liquidity secured”, it’s little surprise that the Cineworld share price ran up by 20%.Cineworld share price rises on better liquidity positionThe release lists a bunch of measures that will help tide CINE over the present times. These include raising more debt and easier terms on loans, cost-saving measures, and steps to bring forward a tax refund. Cautious investors would argue, and rightly so, that higher debt doesn’t do CINE any favours. Some companies have performed brilliantly despite the Covid-19 crisis. They also have good prospects, which should be rewarding for investors over time. In comparison, CINE doesn’t look quite as attractive. Not only do I agree that there are indeed high performers around, I am a big fan of some, like AstraZeneca and Ocado. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…However, I think there’s merit to companies like Cineworld too. When we hold stocks over a long timeframe, like we at the Motley Fool prefer to, there are likely to be ups and downs in stock prices. The winner isn’t just a company that rises along with the tide, but also one that manages poor times well. And right now, I see CINE as the latter kind. It will surviveIt’s not easy to survive through a period like the kind it has seen this year. But things are looking up. It expects cinemas to reopen “no later than” May 2021, and has said that it now has enough liquidity till that time. With three Covid-19 vaccines reporting success in trial results recently, I think that sounds like a reasonable timeframe. If cinemas open sooner than this, things will start looking even better for CINE going forward. Moreover, I think we need to keep in mind Cineworld is the second largest cinema chain in the world today. I don’t think it’s about to go bust in a hurry, especially at a time when it has been hurt for no fault of its own. Lenders are likely to be more adjusting at this time than others.  The takeawayAs a result, if I was already bullish on the stock last week, I’m even more so now. This is also because it’s share price is still way below where it was even till August this year. That shows, somewhat imperfectly, the extent of share price rise possible going forward. In an article in early November, when it was still a contrarian pick, I had argued that the Cineworld share price may not go back to earlier highs anytime soon, but it will start rising. That’s exactly what has happened. With Covid-19 vaccination expected to start soon and CINE’s liquidity issues sorted, I reckon it’s poised to rise further.  See all posts by Manika Premsingh “This Stock Could Be Like Buying Amazon in 1997”center_img Manika Premsingh owns shares of AstraZeneca and Ocado Group. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. The Cineworld share price is up 20% today! Would I buy now? Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

Looking Movie Sets July Premiere

first_imgJonathan Groff in ‘Looking'(Photo: HBO) Star Files View Comments Mark your calendars for more dick socks, anal covers and #Groffsauce. HBO’s previously announced feature-length Looking finale will air on July 23. The series, starring Hamilton Tony nominee Jonathan Groff, ended after two seasons in 2015.Looking: The Movie will follow Patrick (Groff) as he returns to San Francisco for the first time in almost a year to celebrate an event with his friends Augstín and Dom. Once he’s back, though, he’s forced to confront loose ends and unresolved relationships.In addition to Groff, the film will feature several alums from the series, including fellow Broadway vet Russell Tovey, Frankie J. Alvarez, Murray Bartlett and Lauren Weedman.Fans can also catch Groff on the small screen in the upcoming Netflix series Mindhunter. Jonathan Grofflast_img read more

U.S. carries out the first federal execution in 17 years

first_imgHis final words were: “You’re killing an innocent man.” The execution of Daniel Lewis Lee sparked controversy. The victim’s relatives objected the decision to move forward with the execution, and they even sued to try to halt it. Civil rights groups also scrutinized the decision to carry out the execution. Critics argued that the government was creating an unnecessary and manufactured urgency for political gain.The execution of Lee, who died at 8:07 a.m. EDT, went off after a series of legal volleys that ended when the Supreme Court stepped in early Tuesday in a 5-4 ruling and allowed it to move forward.Attorney General William Barr has said the Justice Department has a duty to carry out the sentences imposed by the courts, including the death penalty, and to bring a sense of closure to the victims and those in the communities where the killings happened. On Tuesday the federal government carried out its first execution in 17 years, killing Daniel Lewis Lee, 47, by lethal injection.  Lee was convicted of murdering an Arkansas family in a 1990s plot to build a whites-only nation in the Pacific Northwest.Lee, 47, of Yukon, Oklahoma, professed his innocence just before he was executed at the federal prison in Terre Haute, Indiana.“I didn’t do it,” Lee said. “I’ve made a lot of mistakes in my life, but I’m not a murderer.”last_img read more

Bruh moment of 22nd November 2019: Pogba injured for the football field but not…

first_imgImage Courtesy: Getty/Instagram(@paulpogba)Advertisement 4z19NBA Finals | Brooklyn VsqjjwWingsuit rodeo📽Sindre Etfmk( IG: @_aubreyfisher @imraino ) 35gkWould you ever consider trying this?😱q4jxCan your students do this? 🌚peRoller skating! Powered by Firework Since the Arsenal clash back in September, Manchester United star Paul Pogba has been out from action due to injury, and as stated by Solskjær earlier, the Frenchman will possibly return in January 2020. But, the midfielder is seen enjoying a game of basketball in court, despite under recovery!Advertisement Image Courtesy: Getty/Instagram(@paulpogba)After the whole wantaway episode in the transfer window, Pogba had to remain at Old Trafford. However, the French international was getting back into regular first team football for the Devils, until the 1-1 draw against the Gunners, where Pogba suffered an ankel injury.The 26 year old uploaded a video on Instagram on the court with American professional basketball player and NBA superstar Jimmy Butler. In a blue hoodie, the World Cup winner was seemingly fit as he was seen enjoying a game with the Miami Heat forward, and also dipping the ball into the hoop with ease, enacting the famous Euro Step Challenge.Advertisement Check out the video below-“We don’t play basketball. I don’t see many basketball players tackling ankles, twisting and turning with studs. He’s not ready to train.” Ole told Daily Mail.The Norwegian gaffer has cleared up to the press that Pogba’s activity is not harming but will speed up his recovery process, as he is regularly doing physical activities.“He’s been out for six or seven weeks so he’s gradually stepping it up, walking, on the treadmill and bike. We hope to see him in 2019.” the 46 year old added.Since the fixture against Gunners, Pogba has not starred in any of Red Devils’ fixtures, and was also out of the French squad that played the Euro qualifiers. However, the manager is hopeful to see his star midfielder return to the pitch by December.The Devils are travelling to Bramall Lane tomorrow to take on Sheffield United. Advertisementlast_img read more

49ers’ Richard Sherman ‘insane’ for interference complaints, NFL rules guru says

first_img“I thought it was interesting,” Sherman … Richard Sherman is a three-time All-Pro with a gripe. Mike Pereira is the former NFL VP of Officiating who, if he didn’t write the league’s rule book, certainly memorized it.Pereira, currently an NFL analyst with FOX Sports, has a message for Sherman.Paraphrasing here: “Get real.”We take you now to the first half of Sunday’s tilt between the 49ers and Arizona Cardinals, during which Sherman was flagged for pass interference three times.last_img read more

Man chokes women for reclining her seat

first_imgA Southwest Airlines jet was forced to turn back and make an emergency landing at LAX after a male passenger allegedly began choking a woman because she reclined her seat, witnesses said.Flight 2010, bound for San Francisco, turned around  late Sunday night about 30 minutes into the journey because of a “rapidly escalating situation involving passengers who were not traveling together,” the airline said in a statement.“Flight 2010, declaring an emergency,” the pilot says in audio from the flight. “Evidently we’ve got two passengers that are in a physical altercation.”Witnesses reported the woman said a man sitting behind her tried to strangle her because she put her seat back, NBC News said.The unidentified man was detained by Los Angeles Airport Police, but no arrests have been made, Los Angeles FBI spokeswoman Laura Eimiller told INSIDE EDITION.The remaining passengers boarded another flight and arrived in San Francisco five hours late.The International Air Transport Association says it costs an airline about $200,000 every time a flight is diverted.Read: Passengers that make your flight hell, who’s the most hated?Read: Unruly passengere taped up!last_img read more

Mahela Jayewardene not yet ready for Sri Lanka head coach’s job: Sri Lanka Cricket President

first_imgMahela Jayawardene is still short of experience to take over as head coach of Sri Lanka national team after the exit of Graham Ford, Sri Lanka Cricket (SLC) President Thilanga Sumathipala said.”Mahela is still short of experience as a senior coach, he may be good as a T20 batting or a fielding coach,” Sumathipala told the local Neth FM radio. (Also read: Mahela Jayawardene, Tom Moody in line for Indian coach’s job?)He said the Mumbai Indians’ coach and former Sri Lankan captain has also some of his playing day contemporaries in the current national side.Jayewardene, who retired in 2014 after a glittering international career, is regarded as one of the best cricketing brains. (Also read: Hunt for India’s next coach: Who’s in the race and who’s out?)His and his close mate Kumar Sangakkara’s retirements at the same time hurt Sri Lanka badly. The Lankan side have lost consistently since the two seniors retired. The team has plummeted in all ICC rankings since then.Graham Ford, who was the coach only for one year, decided to quit this week reportedly due to differences of opinion with Sumathipala’s management.Sri Lanka has had some nine interim and permanent coaches since 2011.SLC sources said they were mulling approaching Chandika Hathurusinghe, the current Bangladeshi coach to take over. But his contract with the Bangladeshis will only end in 2019.The former New Zealand captain Stephen Fleming, his team mate Scott Styris and Tom Moody, who was previously the head coach, are the names being floated around as likely successor to Ford.advertisementlast_img read more

Jim Harbaugh Crosses Into Enemy Territory, Will Be Featured At Ohio Football Camp

first_imgHead coach Jim Harbaugh of the Michigan Wolverines (L) jogs off the fiedl with his brother Baltimore Ravens head coach John Harbaugh (R) following halftime of the Michigan and Maryland Terrapins.COLLEGE PARK, MD – OCTOBER 03: Head coach Jim Harbaugh of the Michigan Wolverines (L) jogs off the fiedl with his brother Baltimore Ravens head coach John Harbaugh (R) following halftime of the Michigan and Maryland Terrapins game at Byrd Stadium on October 3, 2015 in College Park, Maryland. (Photo by Rob Carr/Getty Images)It was only a matter of time before Michigan head coach Jim Harbaugh decided to extend his reach across Ohio’s bordersAfter the NCAA overturned the ban on satellite football camps – one that some would argue was sparked by his decision to hold spring practice in SEC territory earlier this year – news broke Wednesday that Harbaugh and staff will now be featured during a June 9 camp in Warren, Ohio.Warren G. Harding’s assistant football coach Doug Sangregorio shared the news to Twitter Wednesday afternoon.Jim Harbaugh and Michigan staff to be featured at Warren Harding Elite football Camp June 9 https://t.co/ZqHsv1wgUi pic.twitter.com/m0UWous40q— Doug Sangregorio (@DougSangregorio) May 4, 2016To add to the drama, Harbaugh will be in Ohio at the same time Ohio State head coach Urban Meyer is scheduled to be in Detroit, according to MLive.com.last_img read more

Here’s The Latest Clemson Hype-Video To Get You Pumped For 2016

first_imgA view of a large Clemson tailgate.CLEMSON, SC – OCTOBER 3: A general view of the Clemson flag during the Tigerwalk prior to the game between the at Clemson Memorial Stadium on October 3, 2015 in Clemson, South Carolina. (Photo by Tyler Smith/Getty Images)Clemson meets Auburn for their season opener on Sept. 3, and this new Clemson hype-video makes clear that the Tigers are coming out strong.Created by Tigers fan Son of Clemson, “Sound The Alarm” sets the stage with dramatic music from the the Star Wars:Rogue One trailer, emphasizing the great anticipating and expectations of the 2016 football season. Will the Tigers be as powerful as the science fiction characters? Check out this Clemson hype-video, and decide for yourself.You can watch the hype-video below:The Tigers went 14–1 and 8–0 in ACC games in 2015, winning the 2015 ACC Championship Game against the North Carolina Tar Heels, 45–37. The 2015 season marked their first undefeated regular season since winning the national title in 1981.After defeating the Oklahoma Sooners in the Orange Bowl, No. 1 Clemson lost to No. 2 Alabama Crimson Tide in the 2016 national championship, 45–40. Both Clemson and Alabama finished the season 14–1. Will the Tigers get revenge in 2016?last_img read more