View Poll Results: Will You Invest In This IPO
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Yes I Will Invest
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No I Will Not Invest
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17-04-2020, 06:30 PM
#271
Originally Posted by Joshuatree
But you are speaking from past experience and i question the word packed.Whats it going to be like in the future.Many things are going to permanently change imo. Cinemas will become redundant and thats not even taking VR into consideration.
You're right and I could be wrong, it's a little bit of a weird one to forecast.
Alternative options to watch movies from home or so forth have always been present, and you can think about a doom scenario where people don't want to go out and socialise to the same extent after the current event. I disagree but it would be silly to say i'm wrong or right.
Furthermore, the market yields a strong demographic following from below 20s in particular. If people start becoming introverted on a mass scale after this event then sure no one will go.
I'm not holding but it'll be interesting to see how long it takes if VGL ever recovers.
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17-04-2020, 06:38 PM
#272
Member
Originally Posted by peat
yes I did
here is the quote
There's no real indication people will stop going to the movies, that it is a thing of the past, or that Netflix poses a major threat to cinema. While in the US movie ticket sales have fallen slightly over time (not including 2018), box office takings are growing strongly. Moreover, US cinema ticket sales still dwarf global Netflix subscriptions. The "death" of cinema has been prophesied four times since the onset of commercial cinema in the early-20th century. Three of these have proved toothless. Television, popularised in the 1950s, was the source of the first major panic, followed by home video in the 1980s and internet streaming in the 2000s. The fourth, the video game, has replaced movies as the dominant audio-visual medium, but involves sufficiently different practices to pose no real long-term threat to the viability of cinema.
and here is the link to the article
https://www.nzherald.co.nz/entertain...ectid=12046909 which is from mid 2018
even if it takes a couple of years for people to return to cinema en masse that will be enough for Vista. I am trying not to under-rate this possibility.
Thanks - it's also worth highlighting that the article I referenced was very US-centric, whereas much of Vista's growth is likely to come through Asia.
I declined the raise but was told it was 6x oversubscribed by my broker this morning...
... I'm happy to have passed , but starting to wonder whether the best approach is to just take a slice of every cap raise (if I can get a look in)
Really struggling to reconcile current market performance with economic outlook
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17-04-2020, 06:59 PM
#273
I know what you mean, seems many, every cap raise brings in euphoric punters making easy money with a sharp rise afterwards and easy arbitrage. It has to end in tears or im redundant in this game and need to spend my time elsewhere.Maybe its time to start thinking about sex, drugs, alcohol and downtempo music , they make much more sense then the share mkts atm.
Last edited by Joshuatree; 17-04-2020 at 07:00 PM.
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17-04-2020, 07:15 PM
#274
Originally Posted by Left field
ignoring your exaggerations to make your point (Barely 5 mins of ads OMHO, and I seldom pay more than $12.00,) I beg to differ.
I was a frequent movie goer pre Covid, and will return when possible even tho' I subscribe to Netflix.
Most of the cinema's in our area attracted good audiences across all age ranges (school holiday's just an example how embedded the treat of a movie is.) Watching on a small screen not an option for many.
Thanks for denying me my experience NOT. The last time i went to an Event multiplex cinema I timed it ,23 mins of ads and trailers; and people on their phones during it. I know a guy who so incensed his cinema going experience was being ruined leaned over and grabbed someones phone and threw it down the aisle! Cinema is dead to me other then the small independent theatre's but i will be ecstatic if my local independent theatre survives this covid disaster and opens again.
Last edited by Joshuatree; 17-04-2020 at 07:19 PM.
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17-04-2020, 08:34 PM
#275
That the problem with reckons and personal anecdotes.
Peoples views and experiences can be vastly different and ultimately as individuals or even groups or people it doesn't matter a tinkers cuss to the success or failure of the business/sector
Its like in the AIR thread people talking about how nice a flight was or wasn't on an AIR plane and ultimately it didn't matter. A black swan came along.
For clarity, nothing I say is advice....
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18-04-2020, 11:42 AM
#276
Yes fair comment. Maybe younger goers will go back to the movies. BTW I dont advocate taking action with people using their phones during a movie other than a verbal reminder/request that its affecting others viewing enjoyment., but i can understand people frustration.
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18-04-2020, 06:40 PM
#277
By passing on VGL(craigs offered me plenty) i forsake a quick 44c a share gain so yeah what do i know. DOH
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05-05-2020, 07:47 AM
#278
Who is taking up their entitlement?
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05-05-2020, 08:02 AM
#279
Originally Posted by tango
Who is taking up their entitlement?
FWIW have taken up mine. Averaging down. Taking a long term view on this one, tho' still in the red.
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05-05-2020, 08:47 AM
#280
Member
Originally Posted by Left field
FWIW have taken up mine. Averaging down. Taking a long term view on this one, tho' still in the red.
Same. I found the directors' and senior management personal investment (30% pay cut, 4.7M$ in the raise) rather encouraging.
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