We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Hmv Grp | HMV | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.10 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.10 | 1.10 |
| Top Posts |
|---|
Posted at 20/1/2013 15:06 by valedo Music giants rush to save HMV (Times)Hollywood is teaming up with record labels to save the specialist retailer - and keep Amazon and iTunes at bay THE world's biggest music labels and film studios are assembling a multimillion-pound rescue package to prevent HMV from going out of business. Universal Music, Warner Music and Sony are set to cut the price of CDs and DVDs, and give the retailer generous credit terms. Film giants, including 20th Century Fox, Universal Studios and Warner Bros, are also expected to throw their weight behind the rescue attempt. Industry sources said the entertainment giants were desperate to keep alive a specialist retailer to avoid cut-throat pricing by supermarkets and internet distributors. "They don't want their only choice to be Tesco or Amazon," one source said. Despite its struggles, HMV still accounts for one-fifth of the British music and DVD market. The industry consortium is understood to favour a bid by Hilco, an investor that specialises in struggling retailers. Hilco is best known in Britain for salvaging Habitat. Last year it bought HMV's Canadian arm. "They will put their weight behind anyone who has a viable plan, but Hilco has a head start," one source close to the talks said. Last week HMV became one of the biggest high street casualties since the financial crisis began when it collapsed into administration. It has about 4,350 staff, mostly in its 220 stores in the UK and Ireland, and a handful of shops abroad, including sites in Hong Kong and Singapore. Administrators from Deloitte were called in on Monday after poor Christmas trading. HMV's demise came during a miserable few days for retailers in which Jessops, the camera specialist, and Blockbuster, the DVD rental company, also went under. Deloitte is now seeking investors willing to save the 92-year-old chain, whose slow unravelling was caused by its failure to keep up with fierce competition from the internet and supermarkets. Several interested parties have already come forward but only a few are being taken seriously. Retail experts think HMV has a future if it can shed its debts and half its stores. A new owner will need the continued support of HMV's suppliers, which fought to keep it out of administration. Last year they relaxed payment terms in return for a small parcel of shares, and in the crucial trading period before Christmas they provided help worth tens of millions of pounds. Among the lifelines under consideration is a further extension to HMV's credit lines, with some suppliers considering slashing prices, sources said. If HMV were allowed to go under, the big labels would cede even more power to Amazon and to Apple, whose iTunes store now dominates the music industry. The stakes are even greater for Universal Music. It inherited the liability for the rent on 16 HMV stores when it took over EMI, the record label, last year. EMI was one of the investors that floated HMV in 2002. Universal could face a rental bill of millions of pounds if the stores are left vacant. The administrators are convinced HMV can be rescued. "We're confident a deal could be announced soon," a source close to the company said. Administrators to Blockbuster also hope to find a buyer for the rental business despite the closure of 129 stores yesterday with the loss of 760 jobs. These closures were in addition to 31 that had been announced earlier. Retail analysts are sceptical about the chain's future. |
Posted at 18/1/2013 15:04 by nolens volens And for God's sake can we cut the rubbish out about blaming other people for the trades/hold decisions we make. This share was tipped heavily three years ago to the rbs investors on lse and on the hmv bb by a poster called rblackie. The share also received a string of strong buy recommendations from a poster called shri9 on iii and his accomplice Lucinda on lse. At the end of the day though none of these posters actually pressed the buy button for anybody though they did scarper from the bbs without indicating whether they were still holding or had sold. In the case of shri9, he indicated that he had a very large holding in hmv but he disappeared from the bb on iii without trace in March last year and guess what he did the same before that with yell/hibu - another basket case.LOL you folk are so transparent because I noticed the little hmv pumper dumper groups had all become devout followers of shri9 on the sclp bb at the start of last year. And he had ego issues lol. And that's my last post on this forum folks. Can't say it's been a pleasure but enlightening none the less Seek the truth. |
Posted at 14/1/2013 17:00 by montyhedge Come on investors don't let Nipper go to the vet and be put down, save Nipper Campaign. |
Posted at 14/1/2013 15:35 by graham2405 "I have had dealings with 7 digital and they are a good company. Makes a profit and well funded."Grittar I hate to spoil your party but they do not make a profit, losses in 7Digital contributed to HMV losses last period (read the accounts, you might learn something). Hence it needed further investment, which HMV could not provide (AFAIK even if it wanted to the banks would not have allowed it, loan terms prevent it), hence HMVs stake in 7Digital was diluted when 7Digital sought other investors. |
Posted at 10/1/2013 12:56 by lukeisbackontrack many thanks, yep i couldn't find it on their investors page |
Posted at 09/1/2013 14:21 by totally banjo Previous post updated:Just out of interest and using 17 June 2011 as a start date,might go further back later....if there are any. Henderson Global Investors RNS-09 January 2013 A 34,041,604 = 7.91% B / C (CFD) 8,820,279 = 2.04% Total (A+B+C) 42,861,883 = 9.96% RNS-20 December 2012 A 34,041,604 = 7.91% B / C (CFD) 13,209,677 = 3.06% Total (A+B+C) 47,251,281 = 10.97% RNS-12 December 2012 A 34,041,604 = 7.91% B / C (CFD) 17,410,361 = 4.04% Total (A+B+C) 51,451,965 = 11.95% (13 November 2012 -12 November 2012 it issued 3,573,634 new Ordinary shares-total number of voting rights in HMV Group is therefore 430,308,401) RNS-26 September 2012 A 33,112,530 = 7.75% B / C (CFD) 18,413,780 = 4.31% Total (A+B+C) 51,526,310 = 12.06% RNS-18 September 2012 A 31,137,530 = 7.29% B / C (CFD) 16,438,780 = 3.85% Total (A+B+C) 47,576,310 = 11.14% RNS-11 September 2012 A 28,987,530 = 6.84% B / C (CFD) 13,288,780 = 3.13% Total (A+B+C) 42,276,310 = 9.97% RNS-10 July 2012 A 29,436,690 = 6.94% B / C (CFD) 13,239,101 = 3.12% Total (A+B+C) 42,675,791 = 10.06% RNS-17 June 2011 Situation previous=Below 5% A 23,174,227 = 5.47% B / C / Total (A+B+C) 23,174,227=5.47% It's quite possible I have made a mistake with the above so please dyor. |
Posted at 27/12/2012 15:38 by loganair Any report I read about the entertainment companies will do almost any thing to keep HMV going as it is my suspicion it is away to keep getting the small private investor to keep buying shares allowing the big corporate boys to swindle as much money from the small private investor as possible.Like many I think HMV will survive, however survive in a similar way to retailers such as SCS, Game, Jessops or Clinton Cards where the small share holders lost the lot while they remain on the high street under new owners. Or at best the likes of Universal may take-over HMV at just a couple of pence a share. |
Posted at 24/12/2012 10:10 by graham2405 "Which sounded a very strange comment to make after you have stated your lack of interest in hmv?"Totally banjo I have an interest in economics, particularly behavioural economics. I have no financial interest in HMV, my interest is in failing companies and the behaviour of shareholders. Hence I pop up on forums if I believe that a company is going down, hence I attract criticism from holders, criticism and sometimes threats. Clearly some holders find it hard to accept that something they have an emotional as well as a financial interest in is failing. It especially happens when the brand is a high street brand where the shares appear cheap. These companies tend to attract 'bargain hunters'. In effect the well known 'brand' perhaps misleads them into thinking that the company will survive. It gives the company 'credibility', you even hear statements to the effect of 'the government owned banks will not let them fail'. Even if evidence states that plenty of well known high street brands fail. Hence lots of private investors go down with the ship, rather than taking a small loss early, they then are unable/unwilling to take a large loss later, ultimately ending in them losing the lot. You might want to read 'Extraordinary Popular Delusions and the Madness of Crowds'. Alternatively 'Animal Spirits'. Regardless, I have no desire to see 'HMV' fail, it's just that the HMV brand is associated with a company whose business model has been surpassed. The brand will no doubt survive online, just as Woolworths still survives online? With luck, some stores will survive, there is still a market albeit a much smaller one, not everyone shops online, yet. HMV group is in a lot of debt, it does not have the funds to reduce the estate down to a profitable level, opening stores is easy, but getting out of leases is an expensive process. Sales are falling year on year by double digits, no company can survive that without shrinking, i.e. closing stores (exiting leases early), which adds to debt. Especially companies that piled on the debt with a number of failed diversification strategies. Most recently they have revamped stores and started selling Tech, which in itself is a very competitive business, both elsewhere in the high street and online. It is not meeting expectations, which is not a great surprise to me given the competition. If HMV staff are to have a chance, it is without the debt and a lot less stores, simply put a pre-pack, the saviour of many a high street brand. HMV Group plc in my opinion is ultimately doomed, its just a matter of when.... When will the banks have had enough. When will the suppliers have had enough. All in my humble opinion. |
Posted at 20/12/2012 23:04 by totally banjo Just out of interest and using 17 June 2011 as a start date,might go further back later....if there are any. Henderson Global Investors RNS-20 December 2012 A 34,041,604 = 7.91% B / C (CFD) 13,209,677 = 3.06% Total (A+B+C) 47,251,281 = 10.97% RNS-12 December 2012 A 34,041,604 = 7.91% B / C (CFD) 17,410,361 = 4.04% Total (A+B+C) 51,451,965 = 11.95% (13 November 2012 -12 November 2012 it issued 3,573,634 new Ordinary shares-total number of voting rights in HMV Group is therefore 430,308,401) RNS-26 September 2012 A 33,112,530 = 7.75% B / C (CFD) 18,413,780 = 4.31% Total (A+B+C) 51,526,310 = 12.06% RNS-18 September 2012 A 31,137,530 = 7.29% B / C (CFD) 16,438,780 = 3.85% Total (A+B+C) 47,576,310 = 11.14% RNS-11 September 2012 A 28,987,530 = 6.84% B / C (CFD) 13,288,780 = 3.13% Total (A+B+C) 42,276,310 = 9.97% RNS-10 July 2012 A 29,436,690 = 6.94% B / C (CFD) 13,239,101 = 3.12% Total (A+B+C) 42,675,791 = 10.06% RNS-17 June 2011 Situation previous=Below 5% A 23,174,227 = 5.47% B / C / Total (A+B+C) 23,174,227=5.47% It's quite possible I have made a mistake with the above so please dyor. |
Posted at 18/10/2012 19:25 by totally banjo hmmmm,getting interesting.........Music supplier 7digital takes $10 million to do on-demand, radio By Robert Andrews Oct 18, 2012 Veteran digital music white-label vendor 7digital has raised $10 million to add more streaming, radio and scan-and-match services, plus to further expand in North America and Europe. CEO Ben Drury, whose nine-year-old company is half-owned by troubled entertainment retailer HMV, is telling attendees at a Thursday-evening event in London that it recently tapped unnamed "strategic technology investors" for the cash. The investors are US an UK neutral strategic technology investors, both public companies". Who is 7digital? At the same time 7digital is effectively folding its own HMVDigital download site in to 7digital itself. From today, hmvdigital.com becomes a merged, 7digital-branded site. 7digital itself rebranded today. Although 7digital operates an own-brand store, its strong suit is its white-label offering to other clients. Doing so through an API has led to growth, which has been accelerated by a blossoming range of new mobile devices, whose manufacturers want to offer buyers music. At its event, which goes on at time of writing, 7digital has not yet disclosed any financial metrics. Its decision to take money is, therefore, interesting... On-demand and personalised radio music is most commonly practised by own-brand services like Spotify, Rdio and Pandora. Now 7digital, whose platform has long offered music file downloads, wants to offer both of these models, too. 7digital had already expanded to offer listeners cloud-based locker access to their files. The new additions are perhaps an indicator that downloadable files may indeed come under competitive pressure from new-wave access models. That means, just as these segments are joined by competitors like Xbox Music, 7digital wants to ensure a plethora of other players can offer similar services by piggybacking its service. CEO Drury said: "Consumers don't want MP3s or streams or downloads they want music." "When you're competing in the land of giants with Apple, Google and Amazon, it pays to be friendly. We want to work with everyone. "We believe in open platforms we're not tied to any particular technology or format. "A lot of companies take money and there's a lot of hype and then they don't succeed we'll see more of that next year. The big US technology companies also won't have all the control." Offering on-demand streaming and non-on-demand personalised radio requires paying new sets of royalties. That could be one reason new investment is required. HMV, whose digital downloads 7digital also powers, acquired 50 percent of the outfit in 2009, when some of its investors wanted to exit. Since then, HMV also invested in e-book discovery site eNobii but its fortunes have worsened as physical content's outlook wanes and, after selling its high street bookseller Waterstones, HMV recently also aborted by selling aNobii to the Sainsbury's supermarket. More follows... |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
