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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Groupe Euro. | LSE:GETS | London | Ordinary Share | FR0010533075 | ORD EUR0.4 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.835 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 5.835 | EUR |
Groupe Euro. (GETS) Share Charts1 Year Groupe Euro. Chart |
|
1 Month Groupe Euro. Chart |
Intraday Groupe Euro. Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/7/2012 | 11:38 | GET SA - Groupe Eurotunnel SA | 101 |
| 25/11/2008 | 08:35 | Lucky Gets | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 19/4/2010 14:08 by john of groats There is something strange happening to the price on the LSE. According to Eurotunnel, the price was 7.84 at 13:18 BST on Euronext and 7.86 at 13:24 BST on the LSE. Euronext shows the last trade at 13:41 BST as 7.779. The LSE gave the price at 13:48 BST as 3.43. It might be worth checking whether other stocks quoted in Euros are suffering problems. John |
Posted at 11/4/2009 17:59 by rickus I have held 1000 shares since 1985 - I did not accept the offer a couple of years ago in order to retain my travel priveleges. I am trying to get my head round the latest documentation received about simplifying the structure.Have had a quick look at the ETAG site and did not spot any new info there. Please could someone correct any errors and omissions below: - I will get 1 share in GET SA (worth about 4 euros looking at the chart above?) - My travel priveleges will be retained (these were suspended after the recent fire, are they back to normal now?) - Apparently I hold TNU units in TNU SA and TNU PLC. I am confused about what the current proposal does and what might happen later. - I am not sure whether I need to fill in and return the form or whether the change will happen automatically. Apologies for being lazy but it could be useful to get the info documented here to help others as well as me. Thanks in advance |
Posted at 14/11/2008 15:47 by scribbler101 Je ne sais pas if there's anyone here, but price seems a little volatile of late? |
Posted at 20/5/2008 00:47 by john of groats Scribbler,I cannot remember exactly when I received the form but I know I did post it on the 8th and had sat on it for several days before that. The form was quite specific about the deadline of the 13th. I assume you took the deadline of the 16th from the GETS announcement/newslet John |
Posted at 19/5/2008 00:44 by john of groats I cannot remember when I received my letter from Computershare but it was around the 3rd of May with a deadline of 13th May. I posted the form on the 8th and the cheque was cleared on the 15th.Computershare was the UK registrar for ETL and is now the UK registrar for GETS. I held my ETL shares in certificate form and these were converted to CREST Depository Interests (effectively GETS shares) in a Computershare nominee account. That is why I had plenty of time to act, though still three days less than French shareholders, as Computershare needed to clear my cheque before passing the money to the French registrar by the 16th May deadline. If you held ETL shares in, say, a Barclays nominee account, they would have been converted to CDIs in a Barclays nominee account. There would be a delay between Computershare posting the forms to Barclays and Barclays forwarding one to you. Barclays would have to clear your cheque before passing the money to Computershare (the UK registrar) by 13th May. So your deadline would be around three days before the deadline for Computershare nominee account holders. Life is hard but rules are rules. For the future, it would be best to ensure that your CDIs are held in a Computershare nominee account, IMHO. John |
Posted at 06/5/2008 14:58 by salisj Had my nominee letter today enabling me to purchase shares in RI. Noticed that because Euro/£ conversion rate used is 1.1 the cost per share is E10.1 not E8.75 for Euro Shareholders. Two questions :a. Is this unfair treatment of British shareholders allowable/acceptable and can anything be done ? b. I can actually purchase (or not) my RI shares on the open market (if I think E10.1 represents good value) for same £ price and receive the proceeds from the warrants I don't take up - any views on whether that is better option ? Any comments soon please. Thanks John |
Posted at 29/4/2008 11:02 by tiraider Page last updated at 08:27 GMT, Tuesday, 29 April 2008 09:27 UKEurotunnel in 915m euro cash call Eurotunnel has slashed its debt Channel Tunnel operator Eurotunnel plans to raise 915m euros (£718m) from shareholders to help the indebted firm to pay off creditors. Existing investors will be offered Eurotunnel shares at 8.75 euros - a discount of 28% to the company's share price on Friday. Eurotunnel was hamstrung by high debt levels for many years, but carried out a complex restructuring in 2007. As a result, its debts were more than halved to about 4bn euros. Eurotunnel said the money raised from the rights issue would allow the firm to make further savings on its financial charges. "This rights issue will enable Groupe Eurotunnel to control its future as a long-term infrastructure concessionaire with good prospects in terms of profitability and recurrent cash flow," Eurotunnel Chairman Jacques Gounon said. Boosted by the debt restructuring, the firm reported its first profit last year when it made 1m euros ($1.6m; £795,000). The firm said the result showed that it had "broken" with its troubled financial past. |
Posted at 20/4/2008 20:29 by haveagoodday Eurotunnel turns to rights issue with a twistBy Alistair Osborne Last Updated: 11:52pm BST 19/04/2008 Eurotunnel will brave the credit crisis early next month to launch a deeply discounted 900m (£710m) rights issue, featuring an innovative incentive for existing shareholders. Jacques Gounon, chairman and chief executive of the Channel Tunnel operator, is aiming to announce the cash call in the week beginning May 5 and has vowed it will be the final piece in the company's complex financial restructuring. It follows last year's rescue refinancing which slashed debts from 9.4bn to 4.3bn. Eurotunnel, which is being advised by investment bank Lazard, wants to raise the cash to buy back the remaining redeemable notes held by junior creditors. The notes were put in place as part of last year's rescue. Mr Gounon wants to buy them back before they convert into new shares, so preventing any further shareholder dilution. Eurotunnel raised 800m last month to buy back the first chunk of notes through an issue of deferred shares. Some 650m was taken up by Goldman Sachs Infrastructure Partners, which is on track to emerge with 15pc of the company. Eurotunnel is expected to price the cash call at a discount of around 25pc to the current share price of about 12.50. Such a discount is similar to that offered for the deferred shares, which were priced at 9.65. Mr Gounon said: "The discount has not been decided but the deferred share offer gives some benchmark." He said he planned to complete the rights issue within three weeks of the launch - just before the first interest payments of around 8m are due to the note holders. To encourage Eurotunnel's 500,000 shareholders to subscribe, the company will offer a warrant for each new share acquired, which can be used to secure a further discount. Mr Gounon said the value of the warrant was yet to be decided, but hinted it could be around 2 per share. In an interesting twist, shareholders who do not take up their rights will also receive the warrants. After 10 days, Eurotunnel will buy the warrants back, using the proceeds from new investors subscribing at a premium to the cash call. "That will be a final gift to the shareholders," said Mr Gounon, adding that investors who take up their rights will also receive a "loyalty premium" for holding shares for "two to three years". "I believe we can raise around 300m from existing shareholders," said Mr Gounon, who plans to have the issue underwritten by the end of this week or early next week. He said he was more worried the issue could be delayed by regulators approving paperwork than the credit crisis. Strong first-quarter revenue growth, up 15pc to almost 188m, had increased funds' appetite for investing in Eurotunnel, he said. |
Posted at 17/7/2007 10:44 by andrbea ptnu down 11%it's beginning to make sense now my broker advised me today as follows (difference between ptnu and gets): "As you may be aware, as part of the implementation of the Eurotunnel Safeguard Plan approved by the Paris Commercial Court on 15 January 2007, a new company, Groupe Eurotunnel SA (GET SA) launched with success an exchange tender offer for the existing Eurotunnel Units on the basis of a GET SA share + a GET SA warrant for every unit tendered. Shares in the new company Groupe Eurotunnel SA trade under ISIN code FR0010452433, ticket symbol GETS. Eurotunnel Units currently continue to trade although they have a significant negative equity. Eurotunnel Units (code ETL) should be delisted around 27 July 2007. " my take: people will have to leave ptnu, sell up, and move across to gets so gets will climb the nearer we get to delist today (27 July) and thereafter? |
Posted at 13/7/2007 11:38 by tiraider Not trying to wreck your theory, but the French analysts reckoned it was worth 28 eurocents per share.Having said that I would think they are basing their valuation on the suspended price which was a liquidation price. ____________________ Steep Drop May Lie At End Of The Eurotunnel Vidya Ram, 07.11.07, 11:03 PM ET LONDON - Groupe Eurotunnel has every reason to feel smug. Its latest performance figures vindicate the major restructuring that took place last year. But with the company's shares surging, they are at levels well above analyst valuations. Shares of the operator of the tunnel connecting England to France zipped up Wednesday on the Euronext in Paris after the company announced that its revenues for the first half of the year rose 7.0% to £252 million ($512.92 million) from £236 million ($480.33 million), excluding minimum usage payments, which came to an end last November. Under the scheme the company received payments from the French and British governments, to top up the amount paid by the rail operators that used the tunnel, until rail traffic got properly off the ground. The company reported growth in traffic through the tunnel and increases in passenger numbers on Eurostar trains. Groupe Eurotunnel (other-otc: GREGF - news - people ) shares zoomed up 5 euro cents (7 cents), or 11.6% to 48 euro cents (66 cents) in late afternoon trading in Paris, where newly issued shares began trading on July 2. The shares were swapped for old ones following a restructuring deal that was agreed with the company's creditors, which replaced the company's £6 billion ($8.3 billion) debt with a new £2.8 billion ($3.9 billion) facility. Its half-year results are an indication of the success of the restructuring, said Pierre Flabbee, an analyst at Kepler Equities. He said that customers were increasingly turning to the tunnel as a means to crossing the channel, rather than the ferry or airlines. Airlines are expected to take a hit from new security measures that increase the time and inconvenience of traveling by air. The number of travellers on the Eurostar rose by 5.0% to 3.9 million for the first half of the year. The number of trucks that used the company's shuttles rose by 9.0%, while the number of passengers travelling by car who used the tunnel rose by 8.0%. A spokesman for Eurotunnel said that passengers were also increasingly concerned about their carbon footprint, and were consciously moving away from using short-haul flights within Europe. The company could also benefit from a new agreement which its largest customer, Eurostar, has just signed up to. Eurostar and six other European train operators have formed an alliance to promote high-speed rail travel across Europe, and hope to make a 5.0% dent in the market for intercontinental short-haul flights in the next three years. However the current price of Eurotunnel's shares is considerably higher than their actual worth. Flabee values the shares at 28 euro cents (39 cents), 41.7% below its current price of 48 euro cents. He said that analysts were puzzled as to what was driving the share price. "People may believe the company could be taken over by a company that would be interested in its tax deficits, such as a utility company," he said, stressing that this was "pure theory". Under French law, the purchaser must be in the same economic field as the company it hopes to purchase to use for its tax deficits. Flabee said it was difficult to predict whether the company's share price would correct itself downwards, closer to its actual worth. Eurotunnel has had troubles since it was first set up in 1986. Higher than expected construct costs for the 30-mile tunnel were not offset when it started operating in 1994, lumbering the company with a large debt burden, which threatened to bankrupt the company. |
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