Henderson European Share Discussion Threads

[goonertone] 21/2/2006 13:55

And there was me thinking we were just starting to bond and get a bit of repartee going!!

[scumdog] 21/2/2006 13:44

She-ra's gone quiet!!

[goonertone] 21/2/2006 13:09

Is it just the two of us now?

I can't believe that more people haven't poked there nose in for a look rouns, maybe we should add oil to its name.

Oh well I'm happy as long as it keeps plodding upwards.

GT

[goonertone] 21/2/2006 08:19

Still tight this morning by the looks of it

Can sell 5000 @ 64 but only buy 3000 @ 68

[bletherer] 20/2/2006 17:54

Well, we got our close above 65p, though the more conservative technicians like to see a 2-day close just to be sure it's not a bull trap. I'm tempted to get some more now but I usually come unstuck when I try momentum investing so I may just stick with what I've got. I sure as hell am not selling.

[goonertone] 20/2/2006 16:16

Bletherer

Volume may be showing as negligible but

a)10000 of today is broker to broker and therefore the actual trades behind these tansactions are yet to show.(the 7500 had nowt to do with it as it was mine placed after the first m trade)

b)If the calc's on holdings is correct then small volumes become large percentages of the free float.

GT

[bletherer] 20/2/2006 16:03

Volume remains negligible but then it was much of the time on the way down, too. We do not necessarily need high volume to sustain a rally, though of course it would help...

[goonertone] 20/2/2006 15:51

And theres another one.

[goonertone] 20/2/2006 15:23

Can't say I can remember the last time I was described as Erudite..........probably never.

[bletherer] 20/2/2006 14:44

GT - I suspect it will get noticed if the share price does what it looks like it's poised to do. I usually just use the ticker, and the typical "X ABOUT TO ROCKET TO 1000p" header gets a bit tiresome, frankly - I quite like the oddity of this one. At least it has the charts, which is the main thing - apart from the erudite comments of contributors such as yourself, of course... ;-)

[goonertone] 20/2/2006 14:29

Pity about the name of the thread. Doesn't exactly attract attention to the share, is it possible to change the name of the thread?

Or if anybody is able a new thread for the new year might be the answer with links in the header to choices uk website and choices tv.

I'm not being lazy but as She-ra righly pointed out I am a bit of a Neandrathal.

GT

[bletherer] 20/2/2006 12:18

It made an intraday high of 65p last December. A close above that and we should be flying - I see little in the way of resistance before 95p and the combination of the long uninterrupted downtrend and the very tight supply of shares makes me suspect that any upmove could be very sharp.

[goonertone] 20/2/2006 12:05

Now weve got M trades going through.

This stock is now so tight that any sort of buy is going to push it up, IMHO.

I don't claim to be a great technician but if we finish above about 63 we then have a gap to fill up to 88.

Not on anyones radar as yet if the messageboard levels are anything to go by, just how I like it. Get in before the crowd.

GT

[goonertone] 19/2/2006 14:29

Article re redundancies, read into it what you want.

[goonertone] 19/2/2006 14:03

He seems to be a very knowledgeable ex worker!!!!!

Redundancies caused by lack of work are worrying but redundancies due to a worry about something that might happen, I don't buy it.

The EPOS system that was installed should have led to improvements in stock management and may well have led to the indentification of areas where more efficient stock ordering/distribution can be implemented thus leading to a need for less staff in the warehouse.

We already know from the interims that they are in the middle of shutting down several loss making stores.

It looks to me like Anthony Skitt has been steadily reviwing the business since his appointment as MD and this is just a continuation of this review.

Alternatively sales may be worse than we realised and they have made a decision based on this and there views on the effect of the world cup etc.

GT

As I understand it Cross trades are a straight swap between two stock exchange members, ie one sale and one buy, at a single price that only requires one trade to be listed. At a guess from the trades one MM got a buy order for 15000 shares which he couldn't fill and did a deal with another who had stock or a seller waiting for 18670 shares. Thus the x trade and then buy slightly later.

X trades and b trades tend to appear in shares where liquidity has dried up and the MM has to shop around to fill an order as there is no ready supply of shares coming to market.

[sporticus] 17/2/2006 20:22

Goonertune
He says he thinks its the tip of the iceberg. He says this is a voluntery scheme to lose 10/20 warehouse staff then they will come in with the big guns and at least double it and do the same with the other support depts and about 50 bad shops. He says theyre worried about the world cup and the drought and a dry summer which will be a problem. He also said retiring Musparatt will stay in his company and in control because its in his life now and he needs to justify staying there. He says that his shareholding is to big to let go of the rains. Goonertone, sorry for being a bit thick but what is a cross trade?

[goonertone] 17/2/2006 15:49

was wondering what that cross trade was doing there?

[nick] 17/2/2006 15:46

Time to rock and roll!

[goonertone] 16/2/2006 21:42

Redundacies are a mystery until you know the reason why.

Could be good, could be bad who knows.

GT

[sporticus] 16/2/2006 18:39

Goonertune, I think it may be a silence of the lambs.
According to a Polish friend who used to work there the Peterborough evening paper reports there will be 20 redundancys in the warehouse.

[goonertone] 16/2/2006 07:54

All go on this board and the share price for a week and then silence, though some might say silence is golden.

No company specific news due until trading statement early mayish so probably just a case of people building or altering positions prior to them unless one of the major institutions decides to stir the boardroom up.

I'll go back into hibernation for a while then.

Gt

[she-ra] 13/2/2006 09:16

michaelmouse - "historic". It means nothing when the whole environment is changing for the DVD market and when HEC posted a loss of £3 million.

siwel100 - Yes I know illegal movie and music downloading is massive,it's just I dont want to be fined for doing it

[siwel100] 12/2/2006 23:06

she-ra, no problem having a view. Why dont you short this current bounce? The RSI is starting to look overbought so it should suit you fine. Everybody else will of course be dip buying all the way back up but you can be the resident contrarian.
I noticed you pay 59p to download a music track...why?...most people with any sense download their music for free. If you want some decent and reliable sites or want some free software to crack and copy film dvd's I will put the links up for you.
You seem to muddle up strong views on the future with what happens when trading. Sadly you will learn that you can be both very right and very wrong at the same time. It will cost you to learn the lesson but once learnt you will focus on the market and not your own view of the market.

[michaelmouse] 12/2/2006 21:07

she-ra - I've already addressed your question. The historic p/e (last 7 years) is around 4. IMO the shares are and were oversold and hence my interest. I'm not looking to hold these shares for 10 years but the bad news is already in the price.
In 2002 I bought shares in Big Food group for 39p. If I remember correctly at one point the shares fell so that the were trading at a market cap around 1 weeks sales. I also seem to remember that BFG carried far more risk because of its gearing. However, the company began to recover and the share price shot up to circa £1.80 and I believe it eventually succumbed to a bid by Baugur (around £1). IMO BFG was in a far worse position in every way than HET but it had clearly become ludicrously undervalued. There are many such examples.
If you are short on HET then good luck but I am a patient investor and prefer to be a holder.
Cheers.
Michael.

[she-ra] 12/2/2006 20:29

michaelmouse - And what about profit?You see companies have revenues of billions and still go under if they arent operating profitibly.With the World Cup this summer and the increasing new entrants into an already crowded and saturated DVD retail market,are there really reasons to be optimisitc?