HMV Share Discussion Threads

[vk74] 22/1/2013 14:04

so what happens to our shares?

[clocktower] 22/1/2013 14:01

How long before Hilco are running what they want retained but have they bought the name yet from the administrators, as that is the only real value in HMV.



By buying the debt they have a chair at the table but the administrators are still running the show but Hilco will be able to unload and leave all the bits they do not want in the hands of the administrators to get best possible returns for all creditors.

[zcaprd7] 22/1/2013 13:52

Yes. Implies someone is worried about the brand

[g.j.a] 21/1/2013 16:01

Really pleased to see that Gift Vouchers can be spent at HMV and that Charities will be paid out for charity singles - it was the right thing to do!

[skinny] 21/1/2013 14:50

The administrators of HMV have said that the music and DVD retailer will start accepting gift vouchers in stores from Tuesday.

Deloitte had previously said that gift cards could not be redeemed in stores, leading to anger among many customers.

Deloitte said it was able to honour the vouchers after assessing HMV's financial position.

Meanwhile restructuring specialist Hilco has emerged as the frontrunner to save HMV, reports say.

[nolens volens] 21/1/2013 13:45

Didn't Totally Banjo do the promo for Tanfield as well.

I don't know. Kate Swan doing her swan song soon. W H Smith empty in Kilmarnock and I sat in a cafe in Glasgow airport in October and saw no customers go into Smiths in the space of an hour. Mind you they are selling screen wash and deicer in the branches in the motorway services which is just what I am looking for right now. Well I think it's the Smith's till I should take it to but I'm not sure as it's stocked in a central area and there are lots of other shop/cafe units in here.

[n3tleylucas] 21/1/2013 11:44

At least you didn't say CLP ... LOL ... thanks.

[vauch] 21/1/2013 11:34

Could well be Tanfield one of a growing collection of companys ran by muppets.

[n3tleylucas] 21/1/2013 11:18

I must identify a bad share ... park myself on the various share chat sites ... until it goes bust.

Which share next NV?

[nolens volens] 21/1/2013 08:40

NL In your dreams, you were wrong about tcg at £1.69, Encore Oil, Sxx numerous times, tht at 48 in August 2011, hmv the recovery stock - shall I go on .............................Yawn

[n3tleylucas] 21/1/2013 00:42

But I'm not a share trader, all I do is glance at RNS's ...



De-ramping is an oft misunderstood/misused term you know .... ?



You know some on here think I'm a jailed multi-million $ share scam merchant?



What it is really ... some folk just hate you being negative about their share ... but the most fun?



When everyone hates you ... and you turn out to be right.



Move to BP hell hess see, it's going to kick-off big time soon ... I must remember to renew my membership.



Great to see Philski back, isn't it? say hello from me.

[nolens volens] 20/1/2013 23:18

NL

Look You and Thanet Boy asked where I was on that day before the interims. You should have taken your 4p and headed for the hills. I only got 3.35 or something the previous day and 3.9 was the highest I got the next day - but when people appear on a bb out of the blue with the names of deceased racing car drivers (saying Ocean TERMINAL hmv in Edinburgh is packed) and dead actors and mystic Low Life Liz days before a company released its interims (which are never good at the best of times) and start talking up the share well ...... and then dear old baz whom I've been suspicious of since March 2011 also puts in his six monthly appearance talking about recovery modes and wild west bumper sales...

And I'll tell you something else, I'm much better at this deramping malarkey than you'll ever be - and I'm not even trying to do it Victory Vee Loz.

[n3tleylucas] 20/1/2013 22:30

I'm making up me loss here by buying DVD box-sets, all from HMV ... so far I reckon I've "saved" around £200 ... if they can stay open another year I might just "break-even" ... next on me list is "24" Box-set ... try to "invest" in a company where you enjoy the product ... like Thorntons.

[graham2405] 20/1/2013 19:56

As I said, a promotional site............

[nolens volens] 20/1/2013 19:14

Wondering if Netley Lucas will be going to the T (takeover) parties of either Encore Oil or hmv. Is the Russian oligarch still in the running then Net. Did he sell his shares here?

Another Great Scot

[nolens volens] 20/1/2013 17:30

Brando69 - you'll need to invite me on your chat show sometime.

Johnny come lately or alternatively New Kid in town

At least this circus was cut short a lot faster than some of the others from last year.

[vk74] 20/1/2013 15:36

and what happens to the shares?

[valedo] 20/1/2013 15:06

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.

[nolens volens] 20/1/2013 13:22

brando69 - When you showed up here before the interims with the rest of the rent a mob and saying you were a long term shareholder I thought hey where's he been all my life lol.

Last tango - one one of my dear departed relatives was fond of. Watch out for the vericola veruccas though

[nolens volens] 20/1/2013 13:13

Nobody posting on the 50 or more expressions of interest in hmv? I must say I was jolly impressed with Loganair's friends in high places seemingly knowing that hmv was in danger of "surcoming". That was an incredibly good call except that every member of the Joe Public knew it too.

This song kinda reminds me of Loganair's posts on here -