Forget the surging Cineworld share price! I’d rather buy other UK shares in my ISA

first_img Enter Your Email Address 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. Royston Wild has no position in any of the shares mentioned. 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. News flow surrounding cinema chain Cineworld Group (LSE: CINE) has been more cheery in recent sessions, driving demand for its shares to the stars. The UK share rocketed more than 20% on Monday, above 56p, on positive news surrounding its balance sheet. The Cineworld share price is now at its most expensive since early September.But would I buy this UK share for my Stocks and Shares ISA? Let me explain why Cineworld’s soaring, and what investors can expect in the short term and beyond.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…A strengthened balance sheetAs I say, the main driver for Cineworld’s share price in recent hours has been a positive update on its liquidity position. The FTSE 250 stock plummeted at the back of last week as rumours that it’ll soon be seeking a company voluntary arrangement (CVA) swirled.However, the UK share put these reports to bed on Monday with news it’s secured $750m of extra liquidity it hopes will see it through to the end of 2021. It’s managed to do this by agreeing a new $450m debt facility, by extending its $111m revolving credit facility to 2024, and by bringing forward the end its US tax year. The latter move will create a tax refund of $200m, to be paid in early 2021.Still a VERY risky UK shareBut here’s the bad news for Cineworld and its investors…As it said, the additional $750m raised will help it survive until the end of next year. However, this is assuming its cinemas will reopen “no later than” May 2021.Recent positive news surrounding a Covid-19 vaccine has raised hopes that cinemas could reopen to the public before too long. But key questions over the efficacy and the rollout of Covid-19 vaccines are yet to be answered.Assuming that Cineworld will be able to start flogging tickets to eager moviegoers soon is no guarantee. And so doubts over this UK share’s ability to keep going could resurface before too long.The roaring popularity of streaming services also causes me to worry about Cineworld’s recovery. And not just because cinemagoers could continue to shun a trip to the movies in a post-pandemic landscape in favour of catching a flick at home.Filmmaking colossus Universal has been signing deals with North American cinema chains to shorten the theatrical window. The move scythes down the exclusivity period that movie theatres have to show films before they become available on streaming services. It could be the start of a trend that further undermines the long-term outlook for operators like Cineworld.Cineworld’s fundraising efforts this week have kept the wolf from the door. But the future of this UK share remains very much in the air. This is why I’d much rather buy other stocks for my ISA today. “This Stock Could Be Like Buying Amazon in 1997” Forget the surging Cineworld share price! I’d rather buy other UK shares in my ISA Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. center_img 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. 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. See all posts by Royston Wild Royston Wild | Tuesday, 24th November, 2020 Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this.last_img read more

Con Brio Shares Powerfully-Reimagined Cover Of Nirvana’s “Heart-Shaped Box” [Listen]

first_imgSoulful San Fran septet Con Brio has shared a brand-new, reimagined take on a grunge classic: Nirvana‘s “Heart-Shaped Box”. To Con Brio, their take on the smash hit track from Nirvana’s third and final album, 1993’s In Utero, hold more significance than just simply being a fun cover. As Billboard explains, the idea for the cover came as the band was plotting an entire EP of reworked grunge classics. While the project never came to fruition, the band’s experience arranging and recording the cut last year in Atlanta gave them the creative spur they needed to begin work on their next full album, Explorer, due out July 6th.As frontman Ziek McCarter tells Billboard:We had a day off and I thought of a way I wanted to remake it and we came up with that (version) within two or three hours. … Right after that, we wrote a few more songs to propel our writing process in a positive way. We were touring a whole lot at that time and it’s hard to find time to really get seven people in a room to pump out the hits. But after [‘Heart-Shaped Box’] we were able to really dial in the writing process a little bit more. It served us wellI really feel like we’ve honored the life of not just Kurt Cobain but also Chris Cornell and Chester Bennington,” he explains. “Those were people I was listening to growing up. I loved ‘Black Hole Sun.’ I loved Chester Bennington; I loved his voice. And I feel like we have some of that same resilience they possessed in their performances if not necessarily the same way.The fantastic Con Brio take on “Heart-Shaped Box” lends the song an almost Thriller-era Michael Jackson aesthetic, layered with downtempo breaks, swelling brass accents, and powerful psych-pop peaks as the song barrels into its cathartically howling chorus. Give it a listen below via the Con Brio SoundCloud page:Con Brio – “Heart-Shaped Box” [Nirvana cover]For a list of upcoming Con Brio tour dates, head to the band’s website.[H/T Billboard]last_img read more

Badgers roar with dominating win

first_imgYANA PASKOVA/Herald PhotoComing off of their two worst shooting games of the season, and a week where the Badgers lost as many players for the season (2) as games, Alando Tucker and the University of Wisconsin men’s basketball team wanted to make a statement Wednesday night. And boy, did they ever.Using a combination of suffocating defense and lights-out first-half shooting, the University of Wisconsin men’s basketball team defeated Penn State in runaway fashion, winning by a final score of 72-43. “Coming in, we were talking amongst ourselves saying this is going to be a statement game,” Tucker said. “We wanted to prove something by coming out with a lot of energy and getting the crowd into it.”The Badgers (15-4, 5-1 Big Ten) took control by running off 21 straight points in the first half and never looked back, leading by as many as 31 points. Penn State (10-7, 2-4 Big Ten) trailed the entire game. Tucker led the way, scoring 17 points and collecting eight boards, while senior Ray Nixon and sophomore Kammron Taylor each chipped in 14 points.In truth, however, it was the UW defense that was key in securing the victory. Wisconsin gave up a season-low 43 points in what was maybe their best defensive performance of the season. The 43 points that the Badgers allowed beats the 51 points that both Norfolk State and UNC-Wilmington put up.”They can score. But some nights it just doesn’t go, so it’s the age-old question, ‘is it your defense or [was it their offense],'” UW head coach Bo Ryan said of the impressive performance. “I thought it was a very good defensive effort. I thought our guys did extremely well in their positioning and what they did.”With 18:27 remaining in the first half, Penn State forward Geary Claxton made a deep jumper to tie the game at five points apiece. The Badgers then held the Nittany Lions scoreless for almost ten minutes, as the team’s next basket, a tip in by Claxton, wouldn’t come until there was only 8:32 left to go in the first half. During that time, Wisconsin made seven of their next 12 shots to build a 21-point lead, fueled by Tucker and sharp 3-point shooting. Tucker poured in eight points, connecting on a pair of trifectas and a lay-up, while Nixon dropped in a pair of threes himself. Taylor also made a 3-pointer during the run. In all, Wisconsin was 8 of 16 from beyond the arc in the opening session, and took a 40-18 lead into the locker room. “We’ve been having the same shots tonight that we had the past game, tonight they just went down and that’s how it has to be for us,” Tucker said.Claxton ended the first half with 11 points on 5-9 shooting, but the rest of his team combined to make only two of 13 shots. In truth, Wisconsin was never able to corral Claxton, as he finished with a team-high 17 points. “He’s long and he’s active,” Ryan said of Claxton. “He’s a good player, and we knew that last year. He kind of manhandled Clayton Hanson [a year ago], and I think Clayton still has a couple scars from that one.”However, no other Nittany Lion managed to score over six points. Claxton scored his team’s first nine points and it wasn’t until there was only 5:16 left in the first period that another Nittany Lion scored.Before the game, the Badgers learned that they would be without the services of sophomore forward Greg Stiemsma for the rest of the season, due to academic ineligibility. The news brings the number of lost Badgers this season to three, after DeAaron Williams transferred and Marcus Landry was also declared academically ineligible.After the game, the players spoke of relief to finally have some closure and no more questions about who will be able to suit up.”Mentally, we know we are dealing with a short rotation,” Tucker said. “I think it’s a relief to know now what we have.”Although the win does bring back a feeling of positive energy, Ryan warned of the impending danger awaiting that team Saturday in Ann Arbor, where UW will play Michigan.”We’re going into a hornets’ nest on Saturday,” Ryan said.Both players and coaches admit, however, that it is much better to be walking into the ‘hornets’ nest’ that is Crisler Arena coming off a win, than a third straight loss.”This is definitely a confidence booster,” Taylor said. “It’s a good win. Every win is a good win.”last_img read more

Syracuse’s ride and defense forces turnovers in 21-4 win over Colgate

first_imgMary Rahal jumped into the passing lane. Colgate was trying to advance in transition, but Rahal thrust her stick out to cause the turnover.She planted, turned and carried the ball from SU’s 20-yard line into the attacking zone. Twenty-five yards from the net, she dished to freshman Bianca Chevarie who took a step before passing to Meaghan Tyrrell at the right block. In one motion, Tyrrell turned to her right and passed the ball across the crease to Megan Carney, who promptly deposited it for her second of the game.Throughout the game, promising Raider attacks turned into Syracuse goals within seconds. The No. 4 Orange (5-1) caused turnovers at will in their 21-4 win over Colgate (2-1). SU’s 16 caused turnovers were the most in a game since Feb. 12 of last season, when the Orange forced 20 in a win over Binghamton.“A couple times we had great opportunities to score and we didn’t recover and they scored,” Colgate head coach Kathy Taylor said, “So it almost feels like a 2-goal swing.”From the outset, the Orange seemed poised to impose their will. Senior Emily Hawryschuk controlled the opening draw and scored 17 seconds later. But, Colgate answered with a draw control of their own and a goal 30 seconds later. Senior defender Kerry Defliese referred to the goal as a “wake-up call.”AdvertisementThis is placeholder textFollowing two Syracuse fouls, midfielder Sam Swart caused SU’s first turnover of the game. The junior gathered the ground ball and carried past midfield before passing to Hawryschuk. Her shot was stopped, but Chevarie scooped up another ground ball and set up SU’s second goal of the game.Three minutes later, senior Lila Nazarian gave chase to a Colgate midfielder carrying toward the Syracuse net. While her efforts didn’t show on the stat sheet, she forced Colgate’s Olivia Duarte to drop the ball multiple times before eventually turning it over to SU’s Allyson Trice.On the Raiders’ ensuing offensive possession, Defliese lunged in front of a Colgate pass from X out to the right side. Defliese hustled for the ground ball and pushed it upfield to Swart for the clear.“I think that’s our defense wanting to have that mentality we come into every game with,” Defliese said, “Starting with that fire in the beginning led our defense to many caused turnovers.”Swart’s progress was then halted, and she subsequently lost possession. But, Hawryschuk rode Colgate’s Grace Bowers for 15 yards before dislodging the ball from her stick — and the stick from her hands. Hawryschuk took the ball back toward the Colgate net, finding Chevarie for the freshman’s second goal of the season.Syracuse controlled the ensuing draw but lost possession on the attack. The Raiders tried to clear but failed again. This time, Chevarie turned Colgate over on the ride, and two passes later it was 4-1 Syracuse with 22:02 minutes to play in the half. Taylor was forced to call a timeout.“My team went back to carrying the ball which really played into Syracuse’s ability to strip the ball from my players,” Taylor said, “and we need to really embrace moving that ball and not running with it.”Even after the timeout, Taylor could tell that Syracuse was “wearing (Colgate) down.” The Orange had 11 caused turnovers to Colgate’s two in the first half. Syracuse was first to 13 of 19 ground balls in the half as well.“Every time you put effort in there’s an opportunity to turn the ball over,” head coach Gary Gait said.Less than three minutes into the second half, Asa Goldstock, Hawryschuk and a number of other Syracuse starters left the field. Even without their more experienced riders and defenders in, Syracuse’s second-team continued to disrupt Colgate passers and carriers.“That second group of defense went in, turned the ball over several times and did a great job on that,” Gait said, “So it’s just nice to see that the practice (the defense) put in every day pays off.” Comments Published on February 24, 2020 at 9:27 pm Contact Tim: [email protected] Facebook Twitter Google+last_img read more