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Cineworld’s share price is still rising! Here’s what I’m doing now

first_img See all posts by Royston Wild Enter Your Email Address Get the full details on this £5 stock now – while your report is free. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. The Cineworld Group (LSE: CINE) share price has recovered strongly after hitting multi-month lows in early May. The UK leisure chain moved closer to the £1 per share market following an excited reaction to latest financials earlier this week. The current market buzz means that Cineworld could be propelled above penny stock status in the very near future.Cineworld’s share price is soaring on news that moviegoers are flocking back to its theatres as coronavirus lockdowns are eased. It goes some way to assuage fears that ticket sales would struggle as the pandemic rolls on and people stay glued to streaming services like Amazon Prime and Netflix instead. But is now the time to buy in?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…Cineworld’s share price rises again!In case you missed it, Cineworld said earlier this week that it had enjoyed “a strong opening weekend in the UK” as it reopened its theatres in line with government guidance. In fact it said that its weekend performance “went beyond our expectations as customers were eager to return to the movies and enjoy the full movie experience”. Indeed, Cineworld said that it experienced strong concession sales too.The roaring success of Peter Rabbit 2: The Runaway helped to drive strong takings last weekend. And chief executive Mooky Greidinger commented that “with the releases next week of Cruella, and A Quiet Place 2, we expect next weekend’s results to be strong”.Greidinger added that “when combined with improving consumer confidence and the success of the vaccination rollout, we expect a good recovery in attendance over the coming months”.Outside of the UK, Cineworld said that 97% of the 500-plus cinemas in its core US territory were now open. It added that most of its cinemas in Poland and Israel should be re-opened by the month’s end.Is now the time to buy?The Cineworld share price may be on the march again. But I’m afraid I’m still not tempted to buy back into this FTSE 250 share. I sold my holdings in the UK leisure share late last year on fears over its huge debt pile. My concerns surrounding this issue haven’t abated, either. At the same time, the long-term threat posed by streaming companies has increased as studios have changed their movie release models to cater more effectively to audiences at home.Going to the cinema has long been one of the most popular leisure activities for around a century. And it’s possible that Cineworld might enjoy a strong and sustained recovery following Covid-19 lockdowns, and deliver terrific shareholder returns in the process. Let’s not forget that the global box office sat at fresh all-time highs before the public health emergency, in 2019.That said, I still think the Cineworld share price carries too much risk right now. Any fresh surge in Covid-19 cases could cause its cinemas to shut en masse once more. It already faces a long road ahead to get its debt mountain off the books. Fresh lockdowns could prove fatal. I’d much rather buy other UK shares for the moment. Simply click below to discover how you can take advantage of this. FREE REPORT: Why this £5 stock could be set to surge 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.center_img Image source: DCM 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. Cineworld’s share price is still rising! Here’s what I’m doing now John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Amazon and Netflix and recommends the following options: long January 2022 $1920 calls on Amazon and short January 2022 $1940 calls on Amazon. 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. Royston Wild | Wednesday, 26th May, 2021 | More on: CINE Our 6 ‘Best Buys Now’ Shareslast_img read more

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Danish bakery business to make UK debut

first_imgLagkagehuset, the Danish bakery chain, is set to launch in the UK amid international expansion plans. The company, led by Steen Skallebæk and Ole Kristoffersen, has appointed Alastair Gordon, who was regional director at Jamie’s Italian for more than five years, as its UK operations director to oversee its launch and expansion here, according to British Baker sister title M&C.The group, which operates 38 sites in Denmark, is targeting an opening in London before the end of the year, prior to expanding in the capital in 2016.It is thought the group will operate under the Ole & Steen Danish Bakery brand in the UK.The company is backed by FSN Capital and reported sales of c€60m (£42.8m) in 2013.Gordon joined Jamie’s Italian in 2010 and was responsible for 10 of the brand’s sites in London, with an annual turnover of £30m.He previously had stints at Vapiano, Laurel and Loch Fyne.last_img read more

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Giants expect Mark Melancon to close again, Will Smith to retain job for now

first_imgPITTSBURGH — The Giants’ return to Pittsburgh is a homecoming of sorts for reliever Mark Melancon, who recorded 130 career saves and posted a 1.80 ERA for the Pirates between 2013-2016.Melancon was considered one of the most dominant closers in baseball following the 2016 season, which is why the Giants signed him to a four-year, $62 million deal that temporarily made Melancon the highest-paid reliever in baseball history.Two-plus years into Melancon’s tenure in San Francisco, the …last_img read more

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Many heads make light of a challenge

first_imgShift works with communities, Johnson explains; they know the challenges they face and have ideas for solutionsOn a cold and wet Friday morning, a bus full of enthusiastic youngsters, representing a variety of nations, nosed its way through the Cape Town traffic, bound for Khayelitsha. They were taking Shift to the township to launch the Shift: Caravan and to see what came out of the connections they hoped to make with passers-by and residents on the pavements around the station.“We will be playing games with people,” explained Janine Johnston, Shift managing director. One of these was a card game popular in the Western Cape – Lucky 8. But Shift had altered it, using elements of a Danish game created to get people talking about real issues. Cards with random words were added to the decks – words like “values”, “greening”, “climate change” and “energy efficiency”. Sitting down to play with strangers, the idea was that when a card popped up with a word, the players would discuss the topic.Another game was Shift’s pitch booth – a costume worn by a person from the bus while walking around the streets. Inside the costume was a camera, and a microphone was proffered to passers-by. People were encouraged to make a pitch, Johnston explained. They would name a specific problem in their communities, and then be encouraged to come up with a solution. “The idea is to push innovation. It is not a case of waiting for someone else to find an answer, but to come up with one yourself.”Also on the expedition was Heath Nash, from Makers’ Library, a global conversation to share practical knowledge and application. He had the tools and was collecting tyres along the way to make stools. On the Khayelitsha pavement, he borrowed power from a near-by stall and set to work with his tyres, rope, drill and pull ties, making comfortable, upcycled stools. Interested people gathered around, eventually getting stuck in and making their own stools – afterwards they were able to take their handiwork home.Shift works with communities, Johnson explains; they know the challenges they face and have ideas for solutions. “Shift delivers tangible solutions in 10 days,” she stresses. “These include everything from solar cookers made from cardboard and old crisp packets, to redesigning libraries.”SOCIAL DESIGN CHALLENGEOne of its core process and design services is its Social Design Challenge. This co-design process has been developed over the last few years, and tested in various situations. It is preceded by an intensive community engagement and investigation, to inform the participants in the challenge of the main social and environmental needs within the community, to identify the available resources and inherent skills within the community.During the 10-day challenge, Shift connects designers, such as surface, industrial designers, engineers, architects and project managers, and community representatives and guides the participants through a universal design process that delivers tangible results to the problems identified.Working with innovators and changemakers in Sweden, the Cape Town collective insists that every intervention ends with a concrete item. Upcycling is a watchword. “For us, sustainability means people, plus planet, plus prosperity. Design means process to shape and make our environments in ways that satisfy our real needs and give meaning to our lives.“We have been running for four years, and we meet real needs. We look for solutions to problems, and match Swedish designers with local people.” But it is not a one-way street, she points out. Knowledge is shared, and Swedish design is informed by South African innovation “to create an ‘a-ha’ moment. That is when ‘the shift’ happens.”The Swedish designers are sourced through the Malmö Innovation Centre. These changemakers are mainly sourced from universities in the Scandinavian nation.SHIFT: CARAVANShift: Caravan, packed with all the items and people needed to work with communities to find workable solutions to their challenges, will tour the perimeter of South Africa in 100 days, from November to February 2015. Along the way, there will be stops, where Shift will hold its 10-day interventions with local communities – although the process will be speeded up to seven days.Also on the caravan will be Shift’s mobile solar cinema – “it fits in a box”, says Johnston – which will be used to screen short films made by Sunshine Cinema. It makes three-minute clips on how to build items, such as the solar cooker.“These are solutions from the community; they are not through Shift. The idea is to share stories, share innovations and solutions.” After the screenings, the community will be encouraged to make the items. “People who do the process then take away the knowledge to teach others. There has also been a gender shift in our work – women are teaching men how to do things.”The Shift team does not want to impose its ideas, and so first approaches the “local fixers”, leaders or influential people in the community (Images: Lorrain Kearney)EARNING TRUSTWorking with people, Johnston stresses, can be a delicate negotiation. The Shift team does not want to impose its ideas, and so first approaches the “local fixers”, leaders or influential people in the community. From there, they learn about the group and share food; a forum is held to share thoughts and ideas. Out of this, Shift gets some understanding of what is relevant or needed in that particular community.“Shift aims to create changemakers in the community, so the most important thing is to establish trust. Our approach is gentle and is based on conversations.”A Cape Town World Design Capital project, Shift has collaborated with the Delft and Khayelitsha communities over the past few years. It is a South African non-profit company that empowers youth and rural communities through transferring practical skills for social, environmental and economic well-being. It works “by mobilising diverse groups of people into positive action for our sustainable future, facilitating cross-cultural, multi-disciplinary collaborations that apply design as a process to improve life”.It was founded in 2010, originally as the Eco Design Initiative, as a means to connect designers and creatives in South Africa and Sweden in knowledge exchange programmes to inspire design that improves life, socially, environmentally and economically.The Shift: Caravan is supported by [email protected] with both financial aid and intellectual capital. The latter is an initiative of the Swedish Institute and the Swedish Embassy to focus on entrepreneurship as a motor for development in South Africa and Sweden.last_img read more

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Missing The Transit Directions In Apple’s Maps? Try This Free App

first_imgCity Maps by Lumatic is a free transit app that covers 27 metropolitan areas in the U.S. so far. It provides step-by-step walking and public transit directions with street-level photos, nearby businesses and landmarks to get you oriented. The transit directions don’t just show schedules; they plan your whole route for you. The app also brings up Foursquare, Yelp and Facebook info for business, so you can quickly judge the quality of a place.I’ve only been using this app for 24 hours, but it’s given me helpful and accurate directions each time. It’s a new interface to get used to, but since it’s hooked into the built-in maps app, you can still start searching for directions in the usual place. If you installed iOS 6 on your iPhone this week, you might have noticed that the new Maps app from Apple are somewhat lacking. Not only are the maps spotty (or flat-out wrong) in places, the app is missing public transit directions, which iOS users had gotten used to in the old Google-powered maps. Fortunately, the new app is built to hook into third-party apps for transit directions, and I think I’ve found a good one. jon mitchell Tags:#Apple#web 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hostingcenter_img A Web Developer’s New Best Friend is the AI Wai… Related Posts Why Tech Companies Need Simpler Terms of Servic… Until Apple improves its map data, which it really has to do if it wants to keep customers happy, this outside app will keep you covered.last_img read more

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IPL 2011: Royal Challengers Bangalore vs Chennai Super Kings- RCB win by 8 wkts

first_imgChris Gayle scored a quick-fire 75 not out helping Bangalore to an impressive eight-wicket win over Chennai during their last league game of the IPL at the M Chinnaswamy Stadium in Bangalore on Sunday. Score | PhotosThe victory helped them finish atop the IPL-4 points table with 19 points and earn a place in the ‘Qualifier 1’ on Tuesday.This has given them the luxury of having a second go at the finals if they lose on Tuesday as the loser of the ‘Qualifier 1’ will get to play the in the ‘Qualifier 2’ on Friday as well.Chasing 129, Bangalore reached the total with two overs to spare thanks to Chris Gayle’s batting blitzkrieg.Gayle carried his bat through scoring an unbeaten 75 of 50 balls hitting four fours and six sixes on the way.Earlier, Bangalore put in AB de Villiers alongside regular opener Chris Gayle, but the move didn’t work as Chennai offie R Ashwin got rid of De Villiers on the third ball of the innings. He was stumped by captain Mahendra Singh Dhoni when Bangalore hadn’t even opened their account.Post that fall Gayle, who has been in purple patch this season, and Virat Kohli batted on to frustrate the opposition bowlers. The two put on a quick 80 runs for the second wicket before Kohli departed in the 10th over.Kohli flicked Albie Morkel straight to Ashwin at short fine leg and walked back after scoring 31. But that proved to be the last wicket to fall from the Bangalore camp as soon Chris Gayle with Saurabh Tiwary (13 n.o.) scored the home run for Bangalore on the last ball of the 18th over.advertisementChennai inningsCaptain Mahendra Singh Dhoni scored a gritty 70 not out helping Chennai to 128/8 against Bangalore.Dhoni came into bat when Chennai were tottering on 22/4 and salvaged the innings with Wriddhiman Saha helping him in his endeavour.Earlier, Bangalore captain Daniel Vettori won the toss and elected to field in the 69th and penultimate league game on IPL-4.Chennai lost their opener Michael Hussey early in the innings. Bangalore paceman Zaheer Khan got the better of Hussey on the first ball of the third over. He pitched the ball on the off at good length and an inside edge off the batsman crashed into his stumps. Chennai lost their opener when the team total was seven.The other opener Murali Vijay too could not stay for long and he fell to another left-arm seamer, S Aravind, in the fourth over when the team total was 16.But that wasn’t the end as Bangalore were keen on getting a wicket per over and the next over saw left-hand batsman Suresh Raina fall to a Zaheer Khan delivery and Chennai were reduced to 17/3 in 4.1 overs.Captain Daniel Vettori continued with the trend that had started in the third over. He got the better of Subramaniam Badrinath on the fourth ball of the sixth over to reduce Chennai to 22/4.Fortunately, for Chennai the ‘wicket per over’ trend came to an end in the seventh over of S Aravind that finished without a wicket falling in it.But the early assault had left Chennai, table toppers in the IPL-4, tottering on 36/4 in 10 overs.Then Wriddhiman Saha and captain MS Dhoni batted on for sometime trying to negate the effects of the early assault by Bangalore bowlers. The two put on 42 runs for the fifth wicket before Saha fell in the 14th over off Virat Kohli when batting on 22.But skipper Dhoni remained at the crease and tried to up the tempo.Chennai’s West Indian recruit Dwayne Bravo too departed cheaply and the onus of taking Chennai to a decent total now rested on Dhoni’s shoulders, who got busy playing the captain’s knock even as wickets kept falling at the other end.Dhoni went on to complete his half-century in the 19th over. He put on an unbeaten 70 off 40 balls punctuating his innings with three fours and six over the fence shots as Chennai scored 128/8 in their stipulated 20 overs.last_img read more

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Wallem to Manage Sanasias New PCTC

first_imgHong Kong-based Wallem Ship Management has been appointed to manage Sanasia’s new pure car and truck carrier (PCTC).The vessel is currently under construction at Japanese Imabari shipyard and is scheduled for delivery in December 2018, according to Wallem.Wallem also managed Sanasia’s vessel Golden Fan for more than 20 years, starting in 1995. As explained, Golden Fan was the company’s first vessel which Haruki Aono, Sanasia’s director, secured to be operated out of the region.Wallem was entrusted with the management of six more PCTC vessels for the company in subsequent years.“We have long appreciated Wallem’s commitment to an emphasis on safety and the level of attention to detail that is taken to ensure that our vessels are kept in optimum condition over the years. In fact, thanks to Wallem’s … management, the Golden Fan had a longer than normal lifespan,” Aono commented.last_img read more

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Men ask court to overturn towns decision to keep swastika in street

first_imgTwo residents of a southwestern Ontario town are asking a court to overturn the municipality’s decision to keep the word “swastika” in the name of a local street, arguing the term is offensive to many.The Township of Puslinch decided not to change the name of Swastika Trail in December after a group representing residents of the privately owned street voted in favour of maintaining the name.Randy Guzar, who lives on Swastika Trail, and William Knetsch, who lives nearby, filed an application for judicial review this week, asking a court to quash the township’s decision and the result of the vote by the Bayview Cottagers’ Association.“Given the evils associated with the swastika, Swastika Trail’s name is a matter of significant controversy and is offensive to many on the street, in the Township, in the province, and nationally,” the men argue in their application.The township’s decision to keep the name was unreasonable, the men claim.“The Township relied exclusively on the result of the Nov. 1 vote — a vote which … was plagued by procedural errors and was not even conducted in accordance with the Cottagers’ Association Constitution,” their application alleged.Puslinch’s chief administrative officer and clerk, Karen Landry, said in an interview that the township followed the processes of the Municipal Act on the matter. The town council will review Guzar and Knetsch’s legal application before deciding what course of action to take in response, she said.Bayview Cottagers’ Association President Donna O’Krafka declined to comment on the legal action, but said she does not believe a name change for Swastika Trail is necessary.Swastika Trail was named in the 1920s before the rise of Adolf Hitler and Nazi Germany, local residents have said. Those in support of keeping the name have argued the swastika had a long history as a symbol of peace prior to the Second World War, but others have argued the name is now associated primarily with hate and genocide.The street in Puslinch is owned by a numbered corporation controlled by a man who lives on Swastika Trail, Guzar and Knetsch’s legal application says.The men claimed in their application that when they attended the meeting of the Bayview Cottagers’ Association last year, they did not know that they would be voting on the trail name issue, or that the township would treat the result of that 25-20 vote as “binding and determinative.”The association only allowed members who live on Swastika Trail to vote on the issue, contrary to the group’s constitution, the men alleged.The association’s notice of the meeting was “one-sided and tainted by bias,” containing a link to an article about the history of the swastika before its use by the Nazis, and a list of over 30 items — such as driving licenses and passports — that residents would have to have updated if Swastika Trail received a new name, Guzar and Knetsch alleged in their application.They also argued that no one in favour of changing the trail’s name was allowed to contribute to the notice circulated in advance of the vote, or the agenda of the meeting at which the vote took place, though they acknowledged that Guzar was allowed to read a letter from a Jewish advocacy group opposing the street’s name at the meeting.Association executives also distributed pamphlets to members arriving at the meeting, urging them to “reclaim the swastika” and reminding them that the swastika has been a sign of peace for hundreds of years, the application said.Guzar and Knetsch alleged in their application that the township “abdicated its responsibility under the Municipal Act and exercised no independent judgment,” in allowing the cottagers’ association vote to determine the name-change issue.last_img read more

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Rachel Bloom To Host SAGAFTRA Foundation Patron of the Artists Awards

first_imgThe SAG-AFTRA Foundation announced today the host, final musical performer, and several presenters for the 3rd annual Patron of the Artists Awards benefit which takes place Thursday, November 8 at the Wallis Annenberg Center for the Performing Arts in Beverly Hills.Rachel Bloom To Host 3rd annual Patron of the Artists Awards benefit Rachel Bloom will host the show. New additions to the evening’s program include Kristin Chenoweth, who will take part in a musical performance, as well as presenters Alison Brie, Guillermo del Toro, Ryan Gosling, and Michelle Yeoh.The SAG-AFTRA Foundation previously announced it will honor legendary actor Harrison Ford, superstar performer and actor Lady Gaga, entertainment industry leader, WndrCo Co-founder and Quibi Founder Jeffrey Katzenberg, and trailblazing Director/Producer/Writer Spike Lee at the celebration. Previously announced performers and presenters to date include: Arlissa, Adam Lambert, and Leona Lewis; and presenters Adam Driver, Chrissy Metz, Geoffrey Owens, John David Washington, and Henry Winkler.Previous recipients of the SAG-AFTRA Foundation’s Patron of the Artists Awards are Director/Writer/Producer Judd Apatow, Director/Producer Kathryn Bigelow, Director/Writer/Producer Lee Daniels, Producer Megan Ellison, Director/Producer Rob Marshall, and Netflix Chief Content Officer Ted Sarandos. The 3rd Annual Patron of the Artists Awards benefits the Foundation’s vital assistance and performers programs for SAG-AFTRA artists, as well as its Emmy nominated children’s literacy program Storyline Online.For more information about sponsorship and tickets, visit patronawards.com.last_img read more

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Haitians gearing up for May Celebration in South Florida

first_img South Florida records first cases of Zika virus Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 29 Apr 2015 – In Florida, Haitians will be center stage at the 15th Annual Haitian Cultural Heritage Month celebrations beginning May 1. There will be art displays at PortMiami and the Little Haiti Cultural Center with other highlights including the Taste of Haiti in North Miami and the 4th annual Haitian History Bee at the Stephen P. Clark Center. In May, Haitians also celebrate Haitian Flag Day – it’s the 212th anniversary of the Haitian flag. The theme of this year’s festivities in South Florida is: “Haiti: Witness the Renaissance, Relive the Magic.” Haitian Flag Day Motorcade later Four killed in plane en route to Provo; not natives Related Items:haitian flag day, port miami, south florida Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

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