Avoid Cineworld Group (CINE) by Zaven Boyrazian in The Motley Fool

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  • Performance

    99.04%

  • Price at start

    39.73p

    (bid)

  • Current price

    0.38p

    (ask)

  • Tip made

    13/01/2022

  • Tip Status

    Open

Icon Key:


Tip Notes

"...With the covenants and waivers renegotiation lever already pulled, I think a financial restructuring could be on the cards. This means lenders would agree to write off a chunk of debt in exchange for new equity. But historically, when this happens, existing shareholders can be left with close to worthless shares. As such, the potential gains from a recovery doesn’t match the risk in my mind. That’s why I’m steering clear of this UK share." - Zaven Boyrazian, The Motley Fool

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Below the chart you will see a list showing the history of tips for the stock by this tipster. Click on any of these for more detail on each tip.

A tip will only close when a new tip with a change of direction supersedes the old tip, or the tip has reached a target price (if one has been set by the tipster).

For example: if a tipster places a 'buy' tip of the 1st Jan and a 'sell' tip on the 5th Jan, the 'buy' will close on the 5th and the 'sell' tip will be the open (active tip).

Some examples of the Tip Close logic

Sell -> Buy = This is a change of direction, so the 'sell' tip will be classed as Closed and the 'buy' tip classed as Open.

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Buy -> Hold = this will leave the tip classed as Open (active)

*Since Stockomendation began tracking this tipster's tips on this stock

Tipping History

Stockomendation's tracked history of Zaven Boyrazian position on Cineworld Group (CINE) for The Motley Fool (from when we started tracking on 26 Nov 2020)

  Type Start Date Tip State Current price Performance  
Avoid 13 Jan 2022 Open 0.38p
Current price (ask) 		99.04%
Avoid 18 Dec 2021 Open 0.38p
Current price (ask) 		98.82% View
Avoid 26 Nov 2020 Closed
27/11/2023 		0.38p
Price at close (ask) 		99.29% View
Icon Key : - Company tipped for the first time, - Reiterated tip, - Change in direction for this tip.