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HSN Hansen Tran.

66.75
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Hansen Tran. HSN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 66.75 01:00:00
Open Price Low Price High Price Close Price Previous Close
66.75
more quote information »

Hansen Tran. HSN Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

Top Dividend Posts

Top Posts
Posted at 06/9/2011 16:09 by seekerofvalue
Due to the concerns across Europe I opted to sell my holdings in HSN this morning. Instead of risking any further premium on the slim possibility that the takeover does not go ahead due to credit markets freezing up.
Posted at 17/8/2011 14:03 by seekerofvalue
Vestas and related news bodes well for wind farm space and the completion of the takeover of HSN.

AUGUST 17, 2011, 4:26 A.M. ET
UPDATE:Vestas Surges On Strong Earnings, Maintained Guidance




Ford's UK's Diesel Assembly Plant Now Completely Wind Powered
Shane McGlaun (Blog) - August 16, 2011 12:07 PM


E.ON buys 112 Vestas turbines for US wind farm


Barclays snaps up wind farm stake as onshore developments expand
Posted at 25/7/2011 07:59 by masurenguy
seekerofvalue - 31 May'11 - 54: Germany wants nuclear exit by 2022. This sort of news bodes well for wind and solar projects in Europe over the next decade. So HSN should come back onto the radar of longterm investors.

Very prescient - its very clearly come back onto German radar !
_______________________________________________________

RNS Number : 9620K
ZF Friedrichshafen AG
25 July 2011

Recommended £444.8 million cash offer

The boards of ZF Friedrichshafen AG ("ZF") and Hansen Transmissions International NV ("Hansen") are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by ZF International BV ("ZF Bidco"), a wholly owned subsidiary of ZF for the entire issued and to be issued share capital of Hansen including outstanding rights under the Hansen Warrant Plans.

· The Offer will be 66 pence in cash for each Hansen Share and values the entire issued and to be issued share capital of Hansen, including outstanding rights under the Hansen Warrant Plans, at approximately £444.8 million. The prices offered for the various rights under the Hansen Warrant Plans are detailed in Section 11 below.

· The Offer represents a premium of approximately 95.6 per cent. over the closing price of 33.75 pence per Hansen Share on 22 July 2011, being the Business Day immediately prior to the date of this announcement and a premium of approximately 60.2 per cent. over the volume weighted average price of 41.19 pence per Hansen Share over the three month period ended on 22 July 2011.

· ZF believes that a combination of Hansen and ZF's worldwide platform, substantial manufacturing and engineering expertise and strong research and development capability will help create a leading player in the global wind turbine gearbox market.

· The Hansen Directors, who have been so advised by BofA Merrill Lynch, consider the terms of the Offer to be fair and reasonable and unanimously recommend that Hansen Shareholders accept the Offer. In accordance with Belgian law, this recommendation is without prejudice to the right of Hansen's works council also to issue an opinion regarding the Offer.

· ZF has received irrevocable undertakings from Hansen's two largest shareholders, Suzlon and Ecofin, to accept the Offer in respect of 257,224,599 Hansen Shares in aggregate, representing approximately 38.4 per cent. of the existing issued share capital of Hansen.

Commenting on the Offer, Alex De Ryck, Chief Executive Officer of Hansen said:
"The employees and management of Hansen have succeeded in building Hansen into one of the global leaders in gearboxes for gear-driven multi-megawatt wind turbines despite very challenging market conditions in recent years. ZF fully recognises these achievements and wants to build on our existing platform to further expand globally and enhance our market position. This Offer reflects the fair and reasonable value of the business we have built and gives Hansen Shareholders the opportunity to realise that value, in cash, at this time."

Commenting on the Offer, Hans-Georg Härter, Chief Executive Officer of ZF said:
"ZF has a strategic objective to achieve technology leadership and worldwide presence across all of its business units. The combination of ZF and Hansen's wind gearbox activities represents a natural extension of our strategic decision to enter the growing and exciting field of wind energy. It will bring together substantial manufacturing and engineering expertise - and strong research and development capability - with a stable and supportive ownership structure. We are committed to leveraging this worldwide platform to develop this business through investment in growth, creating significant opportunities for the highly skilled management teams and employees of both companies."
Posted at 30/6/2011 21:55 by seekerofvalue
HSN now sitting on at an all-time low. The markets have reacted angrily today's press release. Even though management stupidly chose to release it at 5pm. So I would expect further declines tomorrow. I got this company all wrong.
Posted at 31/5/2011 11:14 by seekerofvalue
Germany wants nuclear exit by 2022



This sort of news bodes well for wind and solar projects in Europe over the next decade. So HSN should come back onto the radar of longterm investors.
Posted at 31/3/2011 12:55 by seekerofvalue
Sectors related news all bodes well for HSN going forward.

1)Siemens to supply turbines for 105MW wind farm in US
31 March 2011
Siemens Energy has won an order from Minnesota Power to supply turbines for the 105MW Bison 2 wind farm near Center in North Dakota, US.

The company will supply 35 units of its SWT-3.0-101 direct drive wind turbine, each with a generating capacity of 3MW and a rotor diameter of 101 meters.
The scope of supply includes erection and commissioning of the wind turbines, as well as a three-year service and maintenance agreement.
Siemens is expected to begin delivery of the wind turbines in August 2012, and the wind energy project is scheduled to be commissioned by late 2012.
This order is the third contract award for Siemens direct drive wind turbines in the US.
The company earlier secured orders to supply the turbines for Minnesota Power's Bison 1 wind farm in North Dakota and Oklahoma Gas & Electric's Crossroads wind farm in Oklahoma, US.

2)nternational Roundup: Trend In Europe Toward Massive Offshore Wind Turbines
Wed, Mar 30, 2011
Danish manufacturer Vestas unveiled their plans today for a 7 megawatt offshore wind turbine, the companies' biggest turbine to date and the first it has designed exclusively for offshore wind, Bloomberg reported.

The 7 MW turbine will be almost 600 feet tall with a swept area comparable to three soccer fields. Design plans for the massive turbine will be finished next year, with a prototype set to follow. The turbine would be bigger than any offshore wind turbine currently in use, and would be capable generating electricity for 6,500 homes.

According to Vestas CEO Ditlev Engel, the 7 MW turbine represents the largest commitment to research and development that the company has made. However, Vestas plans to secure orders before producing many of the behemoths, which may be dependent on government incentives.

"Our customers need the visibility and clarity from government in order to make the commitment to us," Engel said, according to Bloomberg. "We're not going to put it on the market in the old-fashioned way - meaning that you build the plant and hope to sell them. Now the capital commitment is so huge, where it's like the big capital-goods companies. We say 'you buy, and we'll make it.'"

The 7 MW turbine may be just the beginning, as 20MW turbines are feasible and could provide cheaper electricity, according to an EU-funded report. The UPWIND project studied ways for wind energy to meet the EU's goal of 26-35 percent of energy generation by 2030, and concluded that the bigger turbines could produce more energy at a lower cost.

UPWIND Project leaders cautioned that the turbines would need to be redesigned to produce 20MW.

"UPWIND found that making a 20 MW machine is not as simple as just upscaling today's 5 MW turbines," said Jos Beurskens from the NETHERLANDS' Energy Research Centre (ECN), according to CORDIS News. Beurskens was optimistic, however, about the giant turbines becoming a reality.

"Intuitively, I believe we'll see the 20 MW turbines used within 10 years," Beurskens said
....

3)Green Machine: Giant wind turbines to catch a breeze
30 March 2011 Helen Knight, technology reporter

When it comes to building new wind turbines, the prevailing view is that bigger is definitely better. Larger turbines are seen as particularly attractive for offshore wind energy generation, where building underwater foundations make up a huge fraction of the cost of construction. Bigger turbines mean you can generate more energy from each device, reducing the number of foundations you need, and so giving you more bang for your buck.

To this end wind turbine maker Vestas, based in Randers, Denmark, announced this week that it has designed a 7-megawatt offshore wind turbine. The turbine, dubbed the V164, will have three 80-metre-long blades, and will reach a tip height of 187 metres. The turbine will have a swept area of 21,124 square metres, around three times the size of the football pitch at Wembley Stadium.

The turbine will be able to produce 30 per cent more energy per tonne than previous devices, says Vestas' Finn Strom Madsen. That is because a turbine's power output is proportional to the square of the length of its blades.

"The energy needed to produce the turbines themselves will be paid back in around 10 months," he says.

The company plans to begin building a prototype next year, providing it receives sufficient interest from customers.

Vestas is not alone in believing size matters. US company Clipper, based in California, is developing a 10 MW turbine, the Britannia, while a consortium of European researchers has been investigating similar-sized devices.

However, there may be a limit to how much energy we can generate from the wind, irrespective of how large or efficient turbines become. Axel Kleidon at the Max Planck Institute for Biogeochemistry in Jena, Germany, believes the laws of thermodynamics mean building too many wind farms could cause us to seriously deplete the energy available in the atmosphere.
Posted at 15/3/2011 13:50 by seekerofvalue
I have been doing my research over the past two days into Alternative Energy following the incident in Japan and the fear about their Nuclear Reactors. Following news of actual Reactor leaks and Angela Merkel actions today I bought into HSN this morning. It looks like the Nuclear and Uranium question is going to play into the hands of Alternative energy providers such as Wind Turbines makers.

added
It also helps that funds are also invested
Ecofin Limited 82,244,089 12.27%
Fidelity - FIL Limited 50,460,438 7.53%
BlackRock Investment Management (UK) Ltd. 37,250,000 5.56%
Schroders Plc - Schroders Investment Mgmt 34,342,440 5.12%
Posted at 09/9/2010 09:18 by henryatkin
Danish firm Vestas downgraded again today on concerns about problems with their new turbine. Will hit HSN imo.
Posted at 27/8/2010 09:24 by darrin1471
Hansen Transmissions (HSN) make wind turbine gearboxes and they are on our list
of top UK shorts this week so there appears a predicted global slowdown in
wind energy
Posted at 18/8/2010 21:54 by henryatkin
Still holding my short with 45p target. Copenhagen listed Vestas Wind downgraded forecasts today. Probabley the cause for HSN falling another 7%.

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