HR Owen Share Discussion Threads

[phipster] 25/3/2009 10:58

Does anyone else hold these shares.......?

[walker10] 03/12/2008 08:24

Oldish news I know but a small write up about the deal:

Shareholders in HR Owen, the listed upmarket car dealership, will vote on a £10m property transaction tomorrow morning that could give the American Embassy a plush new home.

[walker10] 04/11/2008 18:08

I wonder if we will become a small part of Porsches ambitions - since their debarcal over the hedgies and the takeover of VW, which of course owns Bentley which as we know own 28% of HRO,after all they could afford to with small change after one of the biggest share killings of all time, just maybe some will trickle down to little old HRO.

Maybe Shelton Corporation also thinks so hence their recent share buying.

I wouldnt rule anything out with Porsche just ask the hedgies.

[walker10] 04/11/2008 13:30

I wonder whats going on here then Shelton Corporation now owns 17% + Bentleys 28% = 45%. Is something brewing ?

[minho] 24/9/2008 21:47

All shares are down down and going lower.

[refusenish] 25/3/2008 12:28

With the way the market is going for high end cars at the moment I think they might look at it as an advantage to them!!

[thirdfloor] 19/3/2008 13:41

Bentley Motors now a 28% shareholder. I wonder how their other suppliers are going to view this move by a competitor.

[cambium] 28/1/2008 18:27

Buy Out isd off then

Notification of interest of major shareholder and connected person of director We have today been notified by Shelton Corporation ("Shelton"), a connected
person of Brendan Moynahan, that on 15th January 2008 it acquired 25,000
ordinary shares of 50p each in the Company at a price of £1.56.
We have also today been notified by Shelton that on 17th January 2008 it
acquired a further 10,000 ordinary shares at a price of £1.50.

[thirdfloor] 14/1/2008 17:13

Somethings afoot!!!....... large negotiated trade gone thro at 160p

[thirdfloor] 28/11/2007 21:42

Now disposed of BMW and MINI dealerships as well.....

[thirdfloor] 16/11/2007 15:36

Lots of volume this week....

[priory5] 13/11/2007 21:53

were they the bidders?

[thirdfloor] 09/11/2007 22:42

Balverona is buying again! Why say they dont want to bid for the company and then starting increasing their stake again....

[refusenish] 02/11/2007 09:29

Third floor. In my dreams last night I did! As for used cars. I Called a couple of their dealerships and asked if they where buying. Cheque book was firmley closed. There was a fire sale on used cars. May be different now. It hardly matters as I only went short in my dreams so the new Lambo or Ferrari will have to wait

[thirdfloor] 01/11/2007 20:30

Id say HR Owens used car stock is minimal. A tiny fraction of the company's value. Has to be another reason.

[thirdfloor] 01/11/2007 20:26

I presume you went short at 14:12 then refusenish? Whats Balverona now going to do with its 21% stake I wonder

[refusenish] 01/11/2007 17:54

I thought as much

[refusenish] 01/11/2007 14:12

How tough would it be to value used car stock at this level at the moment?

[thirdfloor] 18/10/2007 17:23

If and when will Balverona make their formal offer? this is dragging on now...

[999dipak] 06/9/2007 19:19

About time too !!!

[speed camera] 06/9/2007 17:33

anyone surprised?






H.R. Owen PLC (HRO) Thursday 6 September, 2007

4:38P - Statement re Possible Offer
6 September 2007

HR Owen PLC ("HR Owen" or the "Company")

The Board of HR Owen confirms that it has received an indicative offer for the
Company from an external party. This may or may not lead to a formal offer
being made for the Company. Discussions are at an early stage, and a further
announcement will be made when appropriate.

In accordance with Rule 2.10 of the Takeover Code (the "Code"), the Company
also confirms that, as at the close of business on 5 September 2007, the
Company's issued share capital consisted of 23,611,742 ordinary shares of 50p
each.

[999dipak] 04/9/2007 21:12

About time that we had some positive news... just watch this space.

[priory5] 04/9/2007 18:32

Turnaround and pressure on the management. Still more to happen.

[speed camera] 04/9/2007 12:01

Turnaround at last?

[thirdfloor] 20/7/2007 17:32

More good news....

19th July 2007

Trading Update

HR Owen Plc ('HR Owen' or the 'Company') will publish its interim results for
the six months ended 30th June 2007 in the first week of September. Ahead of
those results the Company issues the following update.

The Company is pleased to be able to report that, following an exceptional
trading performance from its specialist division, the results for the first
half of the year will be significantly ahead of expectations.

The period from July to September is typically not as profitable as the period
to the end of June and, in addition, the Company does not expect this level of
exceptional performance to continue throughout the second half of the year.
However, the Company is confident that the results for the full year will
remain well ahead of expectations