HR Owen Share Discussion Threads

[thirdfloor] 17/7/2007 20:16

Well , Neville Crichton is a Kiwi! All we need is Colin Giltrap to get his other mate, Sheik Maktoum Hasher of the ruling family of Dubai, to invest or better still put in a bid!!!

[thirdfloor] 17/7/2007 20:11

Balverona is a privately owned company too , I wonder who the majority shareholder is?!?!?!? Here he is....

[thirdfloor] 17/7/2007 20:01

Furthermore I wonder what they paid , there were two large transactions on the 12th for £1.11 but only for 500,000 shares, a premium must have been paid.

[thirdfloor] 17/7/2007 19:55

HRO always had a large interest from the antipodes with Colin Giltrap and the Shelton Corporation , both from NZ. Now have a large Aus shareholder too in Balverona.

[thirdfloor] 17/7/2007 19:53

On 16th July 2007 we were notified by Trefick Limited that on 12th July 2007 it
had sold its holding of 4,139,696 ordinary shares of 50p each in the Company,
and that accordingly it no longer had any interest in the voting rights of the
Company.

Also on 16th July 2007 we were notified by Balverona Pty Limited that on 12th/
13th July 2007 it had acquired, in an off-market transaction, 4,139,696
ordinary shares of 50p each in the Company. This brought its total holding to
4,396,696 ordinary shares, representing 18.62% of the voting rights of the
Company.

[deep powder] 23/5/2007 14:37

excellent update.

[deep powder] 21/5/2007 13:24

AGM statement on Wednesday, hope for good news to push this back towards 130p level.

[thirdfloor] 30/4/2007 11:25

The Finance Director is stepping down , is that a euphemism for "You're fired!"

[deep powder] 24/4/2007 15:02

Trefick still got their holding, good news.

[deep powder] 20/4/2007 14:45

According to broker note still looks very cheap in turnover terms, trading at about 1/3rd the rating that EMH got taken out on.

[deep powder] 11/4/2007 15:44

Stock moving up nicely, would still make a good takeover target for someone..

[thirdfloor] 02/4/2007 16:48

Their new website looks at lot better

[deep powder] 31/3/2007 17:00

NIce write up in the FT today.

I don't think it was ever stated in an RNS but I think at the time of the aborted takeover bid there was an interview with Nick Lancaster who mentioned that the company could extend from cars into other 'luxury' areas. Your guess is as good as mine?? Handbags....

[thirdfloor] 30/3/2007 16:42

deep powder,

please elaborate on the lifestyl brand you mention, i cant see it mentioned anywhere previously

[deep powder] 30/3/2007 13:18

charming..

Business in good shape, SE certainly where the money is for luxury cars, wonder if we will see this branch out into the overall 'lifestyle' brand that was previously mentioned.

[kingfast] 30/3/2007 08:49

Typo56, thanks for the confirmation

deep powder, superfluous comment, get stuffed

[deep powder] 29/3/2007 16:17

it's really not tricky to understand...

[typo56] 29/3/2007 15:26

No, ex 50p, not 40p.

[kingfast] 29/3/2007 15:05

I think I understand, 28th March was the cut off date for the 40p payment, hence share marked down by that amount today?

[cambium] 29/3/2007 13:04

Earnings per share on continuing operations were 1.7 pence

[cambium] 29/3/2007 13:01

So they are giving 50p back to shareholders and made a 2.3m profit. Surely this is a steal!

Why cant they buy some more dealerships

[cambium] 29/3/2007 13:00

The group, which paid a dividend of 5 pence per share for 2005, said it will
not be paying a dividend for 2006.
Chairman John MacArthur said the group had made an "encouraging" start to
2007, with all parts of the business performing in line with expectations.
HR Owen announced in February that it intended to return 11.8 mln stg to
shareholders, representing 50p per share. The group expects to carry out this
capital return on or about April 10.

[typo56] 29/3/2007 10:06

That's correct. They are ex 50p today, which means at 102p they are in fact up about 8.6% in real terms.

[ed 123] 29/3/2007 09:54

It should be ex a return of capital to shareholders today.